Cognizant announced its Q2 2026 financial results, posting $5.5 billion in revenue and detailing operational metrics, capital allocation, and partnerships.

Meta CEO Mark Zuckerberg has argued against banning Chinese artificial intelligence models, clashing with officials and rivals over how the US should maintain its tech edge.

The Federal Communications Commission has introduced restrictions blocking new imports of unreleased Chinese humanoid robots and connected power inverters, citing national security and cybersecurity risks.

South Korean memory-chip giants Samsung and SK Hynix suffered steep stock declines amid mounting fears over AI infrastructure spending and Chinese competition.

Apple briefly crossed a market capitalization of $5 trillion for the first time during intraday trading, making it the second company in history to reach the milestone.

The Nasdaq-100 index slid into correction territory following a severe global sell-off in semiconductor and memory stocks driven by AI infrastructure spending concerns.

Johnson & Johnson has proposed a $5.5bn settlement to resolve tens of thousands of US lawsuits alleging its talc-based baby powder caused ovarian cancer.

Johnson & Johnson announced an estimated $5.5 billion settlement to resolve tens of thousands of lawsuits alleging its talc-based baby powder caused ovarian cancer.

Global markets reacted to a sudden shift in geopolitics as crude oil prices plummeted and Wall Street finished a choppy session with mixed results.

Australian equities face a lower open following a sharp slip in crude oil prices and a tech sell-off that stripped Nvidia of its top market cap ranking.

U.S. equities closed mixed with the S&P 500 staying above 7,400 while technology shares lagged as investors braced for upcoming earnings and a Federal Reserve decision.

Brookfield Asset Management has secured $2 billion for its Brookfield Middle East Partners fund, with capital backed by Saudi Arabia's Public Investment Fund.

ASML's share price plunged following a report that a state-backed Chinese consortium has begun mass-producing immersion DUV lithography machines.

Elon Musk claims artificial intelligence will surpass the sum of human intelligence within five years and potentially make money irrelevant by 2036.

HDFC Bank's board has penalised top executives including CEO Sashidhar Jagdishan and CFO Srinivasan Vaidyanathan following an investigation into MSRDC deposit practices.

Nvidia shares dropped 4% following a weekend of massive AI infrastructure commitments totaling over $750 billion that sparked balance sheet concerns on Wall Street.

Brent crude has breached the $100-a-barrel threshold as US-Iran conflicts and Red Sea shipping disruptions strain global petroleum supplies.

Analyst forecasts diverge sharply on newly listed memory firm CXMT, with Nomura predicting massive gains and Morningstar citing technology constraints.

Nvidia is in advanced talks to provide a $250 billion financing guarantee to support OpenAI's massive 10-gigawatt data center campus in southern Ohio.

Sir Ian Wood transformed a modest family fishing-boat repair yard into the global oil-service powerhouse Wood Group, leaving a legacy in business and philanthropy.