Brent crude oil prices climbed past $100 per barrel amid Middle East volatility. Meanwhile, declining share prices for Tesla and Alphabet weighed on the S&P 500.

Heavy investment in emerging technologies by Tesla and Alphabet has triggered a broad tech sell-off and prompted concerns over profitability.

Midwest Poultry Services has initiated a voluntary recall of eggs from its Texas facilities following the discovery of potential salmonella contamination. Consumers should check for specific plant codes and dates on cartons to identify affected products.

European regulators have imposed a $1 billion penalty on Google for prioritizing its own services and restricting developer communication. The company has a 60-day deadline to reach full compliance or face additional daily fines.

The European Commission has fined Google €890 million for anti-competitive practices in its search engine and app store. The ruling requires the company to treat third-party services fairly and allow developers to promote alternative payment methods.

Singapore's core inflation increased to 1.6 percent in June as consumer prices rose across food, services, and retail sectors. Analysts are currently weighing these figures against the central bank's potential policy outlook.

The Labor Party's national conference focused on maintaining a disciplined front, sidestepping contentious economic debates to prioritize targeted relief.

Major ride-hailing operators in Singapore are maintaining driver-fee surcharges to support drivers as fuel prices remain elevated due to global instability.

The government is introducing a 20% business rates reduction for nearly 32,000 hospitality businesses to help alleviate rising financial pressures.

Greg Ward will become Macquarie Group's next CEO when Shemara Wikramanayake steps down in November 2026. The move follows Wikramanayake's 40-year career at the bank, during which the firm's market valuation grew significantly.

White House officials allege that Moonshot AI utilized distillation to train its system and acquired restricted Nvidia servers to bypass trade controls. These claims arrive as the administration considers potential sanctions ahead of planned diplomatic meetings.

Shemara Wikramanayake is stepping down as Macquarie CEO, with internal veteran Greg Ward appointed to succeed her to provide continuity in the firm's strategy.

The plaintiff dropped his case against Meta following settlements with YouTube, TikTok, and Snap. His attorneys cited concerns about a grueling trial.

The plaintiff dropped his case against Meta without receiving any payment, shifting focus to ongoing state-level legal battles over platform safety.

Brent crude oil prices have reached $94.07 as military conflict in the Strait of Hormuz disrupts global energy transit. This escalation threatens shipping routes and contributes to rising inflationary pressures.

U.K. Prime Minister Andy Burnham has announced the removal of the tax on home electricity to provide cost-of-living relief. The government will fund this by cancelling plans for a digital ID to maintain fiscal discipline.

AMD has entered a multi-billion dollar agreement to supply Anthropic with Instinct MI450 chips to help the firm scale its AI infrastructure and diversify hardware.

A widespread cyclosporiasis outbreak has sickened thousands across the U.S., with investigations focusing on Taylor Farms and federal surveillance challenges.

Supermicro shares climbed after the company disclosed a sharper-than-expected margin outlook and a record-size order backlog. The results showed quarterly profit growth alongside a major upgrade to the company's gross margin projections.

Global markets show resilience as an energy sector rally offsets the Japanese yen's decline to its weakest level since 1986. Investors are now closely watching upcoming tech earnings and central bank policy for signals on inflation.