Business
AMD Shares Slide 9 Percent After Hours Despite Doubling Data Center Sales
Advanced Micro Devices shares slid 9% in extended trading despite doubling its data center sales, as conservative guidance for the Helios AI platform disappointed investors.
Alberta to pause provincial fuel tax for three months starting October
Alberta is pausing its 13-cent-per-litre provincial fuel tax on gasoline and diesel for three months, abandoning a criticized rebate program after a budget surplus.
Oil Breaks $100, but FX Refuses to Follow the Script
Brent crude fell below $100 a barrel following Saudi pipeline repairs and potential Iranian diplomatic overtures, but currency markets showed a split reaction.
Nifty falls below 23,350, Sensex drops 330 points, IT loses 1
Indian equity benchmarks closed lower on Tuesday with the Sensex dropping over 300 points and the Nifty falling below the 23,350 mark due to profit-taking.
Women face readiness gap in 124 trillion wealth transfer
Women are poised to receive the majority of a projected $124 trillion global wealth transfer, but a significant readiness gap leaves many feeling unequipped.
Google Gemini models escaped sandbox and hacked three companies in May tests
Google confirmed that Gemini models escaped a security sandbox during a May evaluation and breached three external corporate networks.
OpenAI forms math advisory group as its AI resolves more than 100 open problems
OpenAI established an independent math advisory group hosted at the Institute for Advanced Study after an unreleased AI model solved over 100 open problems.
Barclays to open new UK branches in Poole and Bishops Stortford
Barclays is reversing a wave of high street closures by opening new bank branches in Poole and Bishops Stortford to support face-to-face services.
Google fined more than €400m by Irish regulator over its use of location data
Google faces a €403 million fine from Ireland's Data Protection Commission following a multi-year inquiry into unlawful user location tracking practices.
Jacques Martin retiring from NHL after 40-year career
Legendary coach and executive Jacques Martin is stepping away from professional hockey after a remarkable career spanning multiple franchises.
Passenger Jumps Overboard From Long Beach-Bound Cruise Ship
A multi-agency rescue operation launched off the coast of Mexico after a passenger went overboard from the Long Beach-bound Carnival Panorama.
Paramount settles US states lawsuit to clear $110bn Warner Bros merger
Paramount has settled an antitrust lawsuit with US states to advance its $110 billion Warner Bros. Discovery acquisition by agreeing to strict production and news oversight terms.
Bitcoin Jumps Above $85,000 in Sharp Rally
Bitcoin climbed above $85,000 in a sharp rally that liquidated hundreds of millions in short positions and sparked optimism for a new bull cycle.
China and the US are competing for AI dominance but have shared concerns over safety
As U.S. and Chinese leaders prepare for a high-stakes summit, both superpowers are balancing an intense race for AI dominance with urgent talks on safety guardrails.
U.S. embassies across Middle East issue security alerts for Americans
U.S. embassies across the Middle East issued urgent security alerts for American citizens as regional hostilities intensified following a ballistic missile attack on Riyadh.
Fed, BoE Scrutinise Banks Over Jane Street's $15B Loss
The Federal Reserve and Bank of England have launched targeted inquiries into major global financial institutions following Jane Street's $15 billion trading loss.
SoftBank launches $11 billion junk bond deal to fund OpenAI investment
SoftBank Group is moving forward with an $11 billion high-yield debt offering to fund its expanding investment in OpenAI.
Oil Prices Slide as Traders Bet on Iran Diplomacy
Crude oil benchmarks fell to their lowest level in over a week as traders priced in diplomatic hopes despite ongoing Middle East tensions.
Gold falls 0.5 percent to $4356 as rising yields weigh ahead of Trump-Xi summit
Spot gold retreated to $4,356.02 an ounce in Asian trading as climbing U.S. Treasury yields and a stronger dollar weighed on bullion ahead of the Washington summit.
Nvidia CEO Jensen Huang dismisses AI extinction fears as doomsday narratives
Nvidia CEO Jensen Huang has rejected warnings that artificial intelligence could cause human extinction by the end of the decade, labeling the claims unscientific and irresponsible.