Friday, May 23, 2025
Jony Ive Joins OpenAI in $6.4B Deal to Shape AI Hardware Future
OpenAI plans to acquire AI startup io for $6.4 billion, marking its largest M&A deal and expanding into hardware with Jony Ive's leadership.
Elon Musk Signals Shift Away From Political Role to Prioritize Tesla
Elon Musk will focus on Tesla management, reducing political activities after backlash, while confirming his CEO role for five more years.
China Imposes 75% Tariff on U.S. Plastic Imports Amid Trade Tensions
China imposes 75% anti-dumping tariffs on U.S. industrial plastics, escalating trade tensions amid a temporary truce with the U.S.
Shockwaves in Finance: U.S. Credit Rating Slips from Aaa to Aa1
South Korea's finance ministry reviews market impact after U.S. credit downgrade, noting potential volatility amid ongoing uncertainties.
Powell Just Compared Today’s Risks to the 1970s Oil Crisis
Jerome Powell warns of prolonged high-interest rates, linking them to Trump's tariffs and potential supply shocks impacting the economy.
Jony Ive Joins OpenAI in $6.4B Deal to Shape AI Hardware Future
OpenAI plans to acquire AI startup io for $6.4 billion, marking its largest M&A deal and expanding into hardware with Jony Ive's leadership.
Wall Street Takes a Dive: Investors React to Soaring Treasury Yields
U.S. stocks fell sharply as Treasury yields soared, marking a second day of declines, with only Alphabet's stock rising amidst the turmoil.
Oil Prices Take a Hit as U.S. and Iran Resume Nuclear Talks
Oil prices fell due to U.S.-Iran nuclear talks and rising U.S. oil inventories, with Brent crude at $64.91 and WTI at $61.57 per barrel.
Elon Musk Signals Shift Away From Political Role to Prioritize Tesla
Elon Musk will focus on Tesla management, reducing political activities after backlash, while confirming his CEO role for five more years.
Tesla Bucks Market Trend as Tech Stocks Falter; D-Wave and Vaccine Stocks Surge
The New York stock market declined, with tech stocks struggling, while Tesla gained after positive news about sales and leadership focus.
Wall Street Takes a Dive: Investors React to Soaring Treasury Yields
U.S. stocks fell sharply as Treasury yields soared, marking a second day of declines, with only Alphabet's stock rising amidst the turmoil.
Oil Prices Take a Hit as U.S. and Iran Resume Nuclear Talks
Oil prices fell due to U.S.-Iran nuclear talks and rising U.S. oil inventories, with Brent crude at $64.91 and WTI at $61.57 per barrel.
Tesla Bucks Market Trend as Tech Stocks Falter; D-Wave and Vaccine Stocks Surge
The New York stock market declined, with tech stocks struggling, while Tesla gained after positive news about sales and leadership focus.
Oil Prices Dip Slightly as Markets Eye U.S.-Iran Talks and Ukraine Ceasefire
International oil prices fell slightly due to cautious investor sentiment amid uncertain nuclear talks and Ukraine ceasefire negotiations.
Oil Prices Tick Up as Geopolitical Tensions Keep Investors on Edge
Oil prices rose modestly as markets watch Iran nuclear talks and Ukraine peace negotiations, with Brent at $65.54 and WTI at $62.69.
Satya Nadella Unveils the ‘Open Agentic Web’ at Microsoft Build 2025
Microsoft unveiled new AI features at MS Build 2025, including GitHub Copilot and Azure's expanded AI model offerings.
Musk Reveals Starlink Expansion, Cybercab Plans During Saudi Visit
Elon Musk secured Starlink's market access in Saudi Arabia during Trump's visit, amidst scrutiny over potential conflicts of interest.
Facing Sales Slump, Apple Cuts iPhone 16 Pro Prices Ahead of China’s 618 Festival
Apple cuts iPhone prices in China due to sluggish sales, while maintaining steady prices in South Korea amid market share gains.
Snap, Save, Sustain: Samsung’s ‘Ocean Mode’ Contributes to Planting Over 11,000+ Corals
Samsung's Coral in Focus project uses Galaxy tech for coral restoration, achieving significant marine ecosystem improvements in one year.
Foldable iPhone Incoming: 7.76-Inch Display, Samsung Panel, $2K+ Price
Apple is rumored to launch a foldable iPhone next year, priced between $2100-$2300, exceeding Samsung's foldable models.
Jony Ive Joins OpenAI in $6.4B Deal to Shape AI Hardware Future
OpenAI plans to acquire AI startup io for $6.4 billion, marking its largest M&A deal and expanding into hardware with Jony Ive's leadership.
Elon Musk Signals Shift Away From Political Role to Prioritize Tesla
Elon Musk will focus on Tesla management, reducing political activities after backlash, while confirming his CEO role for five more years.
China Imposes 75% Tariff on U.S. Plastic Imports Amid Trade Tensions
China imposes 75% anti-dumping tariffs on U.S. industrial plastics, escalating trade tensions amid a temporary truce with the U.S.
Shockwaves in Finance: U.S. Credit Rating Slips from Aaa to Aa1
South Korea's finance ministry reviews market impact after U.S. credit downgrade, noting potential volatility amid ongoing uncertainties.
Powell Just Compared Today’s Risks to the 1970s Oil Crisis
Jerome Powell warns of prolonged high-interest rates, linking them to Trump's tariffs and potential supply shocks impacting the economy.
Jony Ive Joins OpenAI in $6.4B Deal to Shape AI Hardware Future
OpenAI plans to acquire AI startup io for $6.4 billion, marking its largest M&A deal and expanding into hardware with Jony Ive's leadership.
Wall Street Takes a Dive: Investors React to Soaring Treasury Yields
U.S. stocks fell sharply as Treasury yields soared, marking a second day of declines, with only Alphabet's stock rising amidst the turmoil.
Oil Prices Take a Hit as U.S. and Iran Resume Nuclear Talks
Oil prices fell due to U.S.-Iran nuclear talks and rising U.S. oil inventories, with Brent crude at $64.91 and WTI at $61.57 per barrel.
Elon Musk Signals Shift Away From Political Role to Prioritize Tesla
Elon Musk will focus on Tesla management, reducing political activities after backlash, while confirming his CEO role for five more years.
Tesla Bucks Market Trend as Tech Stocks Falter; D-Wave and Vaccine Stocks Surge
The New York stock market declined, with tech stocks struggling, while Tesla gained after positive news about sales and leadership focus.
Wall Street Takes a Dive: Investors React to Soaring Treasury Yields
U.S. stocks fell sharply as Treasury yields soared, marking a second day of declines, with only Alphabet's stock rising amidst the turmoil.
Oil Prices Take a Hit as U.S. and Iran Resume Nuclear Talks
Oil prices fell due to U.S.-Iran nuclear talks and rising U.S. oil inventories, with Brent crude at $64.91 and WTI at $61.57 per barrel.
Tesla Bucks Market Trend as Tech Stocks Falter; D-Wave and Vaccine Stocks Surge
The New York stock market declined, with tech stocks struggling, while Tesla gained after positive news about sales and leadership focus.
Oil Prices Dip Slightly as Markets Eye U.S.-Iran Talks and Ukraine Ceasefire
International oil prices fell slightly due to cautious investor sentiment amid uncertain nuclear talks and Ukraine ceasefire negotiations.
Oil Prices Tick Up as Geopolitical Tensions Keep Investors on Edge
Oil prices rose modestly as markets watch Iran nuclear talks and Ukraine peace negotiations, with Brent at $65.54 and WTI at $62.69.
Satya Nadella Unveils the ‘Open Agentic Web’ at Microsoft Build 2025
Microsoft unveiled new AI features at MS Build 2025, including GitHub Copilot and Azure's expanded AI model offerings.
Musk Reveals Starlink Expansion, Cybercab Plans During Saudi Visit
Elon Musk secured Starlink's market access in Saudi Arabia during Trump's visit, amidst scrutiny over potential conflicts of interest.
Facing Sales Slump, Apple Cuts iPhone 16 Pro Prices Ahead of China’s 618 Festival
Apple cuts iPhone prices in China due to sluggish sales, while maintaining steady prices in South Korea amid market share gains.
Snap, Save, Sustain: Samsung’s ‘Ocean Mode’ Contributes to Planting Over 11,000+ Corals
Samsung's Coral in Focus project uses Galaxy tech for coral restoration, achieving significant marine ecosystem improvements in one year.
Foldable iPhone Incoming: 7.76-Inch Display, Samsung Panel, $2K+ Price
Apple is rumored to launch a foldable iPhone next year, priced between $2100-$2300, exceeding Samsung's foldable models.
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Headlines
Jony Ive Joins OpenAI in $6.4B Deal to Shape AI Hardware Future
OpenAI plans to acquire AI startup io for $6.4 billion, marking its largest M&A deal and expanding into hardware with Jony Ive's leadership.
Wall Street Takes a Dive: Investors React to Soaring Treasury Yields
U.S. stocks fell sharply as Treasury yields soared, marking a second day of declines, with only Alphabet's stock rising amidst the turmoil.
Oil Prices Take a Hit as U.S. and Iran Resume Nuclear Talks
Oil prices fell due to U.S.-Iran nuclear talks and rising U.S. oil inventories, with Brent crude at $64.91 and WTI at $61.57 per barrel.
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