U.S. forces struck Iranian coastal radar sites on Saturday after shooting down drones launched by Iran toward the Strait of Hormuz, the U.S. military said, in the latest escalation complicating efforts to end the war between the two countries.
Marvell Technology is set to join the benchmark S&P 500 later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.
The United Nations on Friday said it is doubling the amount of money it says it needs to help Lebanon meet surging humanitarian needs, as the war enters its fourth month.
SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet’s Google, locking in computing capacity as it prepares for its highly anticipated U.S. stock market debut next week.
Two decades of state investment have transformed Turkey into a major exporter of drones and other military equipment, and the NATO member is now looking to build on that momentum as the West rearms and security alliances are reshaped.
President Volodymyr Zelenskiy’s open letter offering face-to-face peace talks to end the war in Ukraine was addressed to Russian President Vladimir Putin but meant to echo through the corridors of this week’s St Petersburg investment forum, and beyond.
SpaceX has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.
California, New York and other U.S. states are preparing a lawsuit to block Paramount Skydance’s $110 billion acquisition of Warner Bros , sources familiar with the matter told Reuters on Friday.
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia , Micron Technology and Advanced Micro Devices , as Broadcom’s weak report earlier this week reverberated across Wall Street.
Wall Street tumbled on Friday as semiconductors extended their selloff while a robust employment report fueled fears of a hawkish policy pivot from the Federal Reserve.