SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
US Condemns Russia’s Oreshnik Missile Strike, Warns Against New Attacks on Kyiv 
US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations 
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook 
U.S. Reinstates Sanctions on U.N. Expert Francesca Albanese Amid Legal Battle 
China Expands Nuclear Defense Network in Remote Desert 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
DOJ Investigates Group Linked to Reid Hoffman Over E. Jean Carroll Lawsuit Funding 
US Designates Brazil’s PCC and Comando Vermelho as Global Terrorist Entities Ahead of FTO Listing 
US-Iran Ceasefire Extension Near as Strait of Hormuz Shipping Deal Advances 
U.S. President Donald Trump addressed criticism from Tesla CEO Elon Musk regarding a $500 billion artificial intelligence initiative announced at the White House. The project, named Stargate, involves a joint venture between OpenAI, SoftBank, and Oracle to build data centers and create over 100,000 U.S. jobs. Key figures, including SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison, attended the launch.
Musk, a close Trump ally but a rival of Altman, expressed doubts on X about the funding, claiming SoftBank lacks the necessary capital. "SoftBank has well under $10B secured," Musk said.
Responding to reporters, Trump dismissed Musk’s criticism, attributing it to personal animosity. "He hates one of the people in the deal," Trump remarked, adding that the project involves "very smart people." Trump also addressed Musk's funding concerns, saying, "They’re putting up the money. The government’s not funding it. These are very rich people."
A Trump adviser suggested the dispute might strain the president’s relationship with Musk, who is leading a government efficiency initiative. "The end may be in sight," the adviser speculated.
Stargate represents a significant technological collaboration, but Musk’s doubts highlight potential hurdles for the ambitious AI project.
