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Markets reached new highs with the Dow, S&P 500, and Nasdaq rallying on strong earnings and optimism for Fed rate cuts. Tech stocks led gains amidst robust AI sector growth, while Treasury yields dropped amid inflation concerns.
ACES VIII Data Center Showcases Cutting-Edge Cloud Computing Power. OpenAI Signs Landmark $300B Oracle Contract Amid Surging AI Demand.
$300 billion – Value of OpenAI’s contract with Oracle for cloud computing services.
Conservative Activist Charlie Kirk Assassinated Amid Political Volatility in Utah; Nationwide Manhunt Underway.
Federal Reserve Faces Dilemma as U.S. Inflation Climbs While Job Market Weakens; Rate Cut Expected Soon.
Opendoor Stock Soars 60% After CEO Appointment and Leadership Boost
Opendoor shares surged 60% after naming new CEO Kaz Nejatian and welcoming co-founders back to the board, signaling investor confidence in the real estate tech company’s growth potential.
More on barchart.com
Warner Bros. Discovery Faces Potential Takeover as Paramount Skydance Prepares Bid Backed by Larry Ellison.
South Korean Workers Depart U.S. After Massive Immigration Raids at Hyundai-LG Battery Plants Ramp Up Bilateral Tensions.
South Korean Workers Flee U.S. Battery Plants Post Immigration Raid
Following a massive immigration raid, South Korean employees are rapidly leaving U.S. battery plants, raising concerns about future foreign investments and labor stability in critical industries.
More on japantimes.co.jp
Stock Markets Reach Record Highs, Led by Tech Giants; Oracle and Nasdaq Rally Amid Inflation Data and AI Buzz.
Federal Trade Commission Investigates Major Tech Firms Including OpenAI, Alphabet, and Meta on AI Chatbot Safety for Children.
California advances bill to regulate AI companion chatbots, aiming to protect minors from potential harms.
Mexico Imposes 50% Tariffs on Chinese and Asian Auto Imports Amid Global Trade Tensions and U.S. Pressure.
Larry Ellison Overtakes Elon Musk Briefly as World’s Richest Amid Oracle’s Stock Surge Driven by AI Contracts.
We have a responsibility to ensure our AI technologies do not harm society, and that mission keeps me awake at night.
— Sam Altman, OpenAI CEO
U.S. Treasury Auction Shows Strong Demand with 30-Year Bonds Yielding 4.65%; Treasury Yields Tumble Amid Inflation Uncertainty.
Klarna’s IPO Impresses Wall Street, Shares Surge Over 15% in Market Debut; Buy Now Pay Later Sector Gains Momentum.
Opendoor Stock Skyrockets Following Leadership Changes with New CEO Appointment and Co-Founders’ Board Return.
U.S. Jobless Claims Reach Highest in Nearly Four Years Amid Signs of Slowing Labor Market and Rising Layoffs.
International Tensions Escalate as Russian Drones Invade Polish Airspace for First Time; NATO Scrambles Fighter Jets.
U.S. Commerce Secretary Howard Lutnick Criticizes Chinese Government-Backed Automakers, Highlights Indo-U.S. Trade Challenges.
Mortgage Rates Fall to 6.35%, Lowest in Almost a Year; Home Buying Demand Reacts Positively Ahead of Fed Decision.
Amazon Launches Zoox Robotaxi Service in Las Vegas, Entering Competitive Autonomous Vehicle Market.
Boeing, Defense Union Reach Tentative Pact to End Strike, Easing Pressure on Military Aircraft Production.
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