Nvidia and Uber Plan Robotaxi Rollout Across 28 Cities by 2028
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
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Meta Invests $27B in Nebius as AI Infrastructure Race Intensifies
By
Emma Clarke
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Nebius Shares Jump 16% After Nvidia’s $2B Investment in AI Cloud Partnership
By
Emma Clarke
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Mastercard Launches Crypto Partner Network With 85 Firms to Expand Global Payments
Mastercard unveiled a new crypto partner program linking 85 digital asset companies to expand cross-border payments and B2B transactions. The initiative aims to integrate blockchain-based transfers into mainstream financial infrastructure.
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Japan’s U.S. Treasury Holdings Draw Attention as Bond Market Risks Resurface
Japan’s massive holdings of U.S. Treasury bonds have come into focus as investors debate whether foreign selling could pressure global bond markets. Analysts say fears of large-scale liquidation highlight growing fragility in the world’s largest debt market.
Oil Surges Toward $120 as Iran War Sends Global Stocks Tumbling
By
Nathan Cole
Oil prices surged toward $120 per barrel as the conflict involving Iran intensified fears of supply disruptions through the Strait of Hormuz. Global equity markets fell sharply as energy costs spiked.
BlackRock Limits Withdrawals From $26B Private Credit Fund After Surge in Redemption Requests
BlackRock capped investor withdrawals from its $26 billion HPS Corporate Lending Fund after redemption requests surged to about $1.2 billion. The move highlights growing stress in the rapidly expanding private credit market.
Nearly $1 Trillion Wiped From U.S. Stocks as Major Indexes Slide
U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech and small-cap stocks alike.
Asian Markets Slide as KOSPI Plunges 11% and Thailand Triggers Circuit Breaker
Asian markets tumbled amid rising geopolitical tensions and energy supply fears. South Korea’s KOSPI plunged more than 11%, while Thailand halted trading after an 8% intraday drop.
Global Markets Lose $4.7 Trillion as Energy Shock Sparks Selloff
Global markets plunged as soaring energy prices tied to the Middle East conflict triggered widespread selling across equities, bonds, metals, and crypto. More than $4.7 trillion in value was erased within hours.
Apple Unveils M5 MacBook Pro Lineup, New Displays and iPad Air as Hardware Push Continues
By
Emma Clarke
Apple introduced M5 Pro and M5 Max chips alongside updated MacBook Pro models focused on peak performance and on-device AI. The company also launched new Studio Displays, refreshed the iPad Air with M4, and revealed the iPhone 17e starting at $599.
$1 Trillion Wiped From U.S. Stocks at Open as Global Markets Slide
Roughly $1 trillion in market value evaporated from U.S. equities shortly after the opening bell as global markets extended losses tied to escalating Middle East tensions. Futures across the U.S., Europe, and Asia moved sharply lower.
Gold Tops $5,400 After Aramco Strike Before Sharp Reversal in Metals
By
Nathan Cole
Gold surged above $5,400 after reports of a drone strike on Saudi Aramco’s largest refinery, triggering a rush into safe-haven assets. Within an hour, however, both gold and silver sharply reversed as volatility intensified.