Business
Alphabet briefly overtakes Nvidia as world’s most valuable company
Alphabet briefly surpassed Nvidia as the world's most valuable publicly traded company during extended trading on Tuesday, capping a months-long rally fuel...
Category: Business
Business
Global bond yields fall as Iran ceasefire hopes ease inflation fears
Global bond markets rallied on Wednesday as renewed optimism over the US-Iran ceasefire and retreating oil prices eased inflation fears, prompting investor...
Business
European stocks surge as US and Iran near deal to end war
European stock markets surged on Wednesday after U.S. President Donald Trump announced he was pausing military operations in the Strait of Hormuz,…
Business
Perplexity launches AI finance platform to rival Bloomberg
Perplexity AI on Tuesday unveiled Computer for Professional Finance, a new platform that brings automated, multi-step research and analysis workflows to in...
Business
IRENA says solar-plus-storage now cheaper than fossil fuels
Solar and wind energy paired with battery storage now deliver round-the-clock electricity at lower costs than fossil fuels in prime resource regions,…
Business
Micron surpasses $700B market cap for first time on AI memory demand
Micron Technology shares surged 11% on Tuesday, pushing the memory chipmaker's market capitalization past $700 billion for the first time and placing…
Business
Sony nears $4 billion deal for Blackstone’s music catalog
Sony Music is in exclusive negotiations to acquire Recognition Music Group from Blackstone, in what would rank among the largest music rights…
Business
Moody’s projects Dubai hotel occupancy to fall to 10% amid Iran war
Dubai's once-booming hospitality sector faces its worst crisis in modern history, with Moody's Analytics projecting hotel occupancy will collapse to just 1...
Business
US LPG exports hit record as Hormuz crisis reshapes trade
U.S. liquefied petroleum gas exports surged to an all-time high of 3.3 million barrels per day in April, as the effective closure…
Business
FSB warns AI-linked private credit could trigger ‘sizeable’ losses
The Financial Stability Board on Wednesday released a sweeping report on vulnerabilities in the private credit market, warning that AI companies now…