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Sat, Jun 13, 2026 04:04 AM All times are UTC

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Tesla Stock Still a Buy Despite Delivery Concerns, Says Canaccord Genuity

| Business

Tesla Inc. (NASDAQ: TSLA) remains a Buy according to Canaccord Genuity, even as the stock faces ongoing pressure from macroeconomic challenges and brand concerns. The firm maintains its $404 price target, highlighting...

Apple Stock Soars 15% on Tariff Pause, Potential Exemption Hopes

| Business

Apple (NASDAQ:AAPL) shares surged over 15% on Wednesday following President Trumps announcement of a 90-day pause in reciprocal tariffs for all countries except China. While China will face a steep 125% tariff rate, other...

Occidental Petroleum Sees Stronger Oil, Gas Prices Ahead of Q1 Earnings

| Business

Occidental Petroleum (NYSE:OXY) reported higher oil and gas prices for the first quarter of 2025, signaling improved market conditions ahead of its official earnings release on May 8. The U.S. shale producer said average...

PacBio Cuts 120 Jobs Amid NIH Funding Reductions and Tariff Pressures

| Business

PacBio, a leading gene sequencing equipment maker, announced plans to cut approximately 120 jobs and reduce expenses in response to new tariffs and decreased funding from the National Institutes of Health (NIH). The...

DELETE: Nikkei Drops as Trade War Fears and Strong Yen Weigh on Markets: DELETE

| Business

Japans Nikkei 225 fell 1.8% to 37,096.51 by midday Tuesday, its lowest level since September 18, as investors grew cautious ahead of new U.S. tariffs on Canada, Mexico, and China. The Topix index dropped 1.2% to 2,696.99,...

ASIC puts payday lenders on notice they may be breaching the law

| Insights & Views Law Business Fund

Late last week, corporate watchdog the Australian Securities and Investments Commission (ASIC) issued a warning to lenders that provide high-fee small-amount loans known as payday lenders that they may be breaching...

Why build nuclear power in place of old coal, when you could have pumped hydropower instead?

| Insights & Views Business

Australias energy policy would take a sharp turn if the Coalition wins the upcoming federal election. A Dutton government would seek to build seven nuclear power plants at the sites of old coal-fired power stations. The...

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Economy

Carney and Macron Strengthen Canada-France Defense Ties Amid US Trade Uncertainty

Canadian Prime Minister Mark Carney and French President Emmanuel Macron have agreed to expand defense and industrial cooperation, reinforcing Canadas growing partnership with Europe as trade tensions with the United...

IMF Advances Ukraine Loan Program, Clears $690M Disbursement

The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine following the latest review of the countrys $8.1 billion loan program, paving the way for a new disbursement of approximately $690...

Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns

Global oil prices dropped sharply on Friday and were set for significant weekly losses as growing optimism surrounding a potential U.S.-Iran peace agreement raised expectations that the Strait of Hormuz could soon reopen,...

US Dollar Heads for Weekly Loss as Iran Peace Deal Hopes Boost Risk Appetite

The U.S. dollar weakened on Friday and remained on track for a weekly decline as growing optimism surrounding a potential peace agreement between the United States and Iran improved global market sentiment and reduced...

Gold Prices Slip Weekly Despite Friday Rebound as U.S.-Iran Peace Deal Hopes Grow

Gold prices edged higher on Friday but remained on course for a weekly loss as investors weighed growing optimism over a potential U.S.-Iran peace agreement against expectations of tighter monetary policy from major...

Politics

JCPOA Nuclear Deal Explained as U.S. Nears Potential New Iran Peace Agreement

The United States has indicated that it is close to reaching a new peace agreement that could end the three-month conflict with Iran, although the details of the proposed deal have not yet been disclosed. As discussions...

KMT Chair Cheng Li-wun Defends Taiwan-China Engagement During U.S. Visit

Taiwans main opposition leader, Kuomintang (KMT) Chairwoman Cheng Li-wun, said she used her recent visit to the United States to address what she described as widespread misunderstandings about the partys approach to...

North Korea Slams U.S. Missile Sale to South Korea, Warns of Rising Regional Tensions

North Korea has strongly criticized the United States over its recent approval of a major arms sale to South Korea, arguing that the move will further heighten tensions on the Korean Peninsula and undermine regional...

France Hosts Israeli-Palestinian Civil Society Appeal to Revive Two-State Solution Ahead of G7 Summit

Israeli and Palestinian civil society groups have renewed calls for international support for a two-state solution, urging world leaders not to let the ongoing Middle East conflict overshadow efforts toward lasting peace....

US-Iran Peace Deal Nears as Tehran and Pakistan Signal Breakthrough

Hopes for a historic U.S.-Iran peace agreement strengthened on Friday after encouraging statements from Iranian officials and key mediator Pakistan suggested that a final deal could be close. Iranian Foreign Minister Seyed...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo

Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...

Hanmi Semicon Shares Surge After $33 Million SpaceX Investment

South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed...

EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks

Chinese humanoid robotics startup EngineAI has reportedly confidentially filed for an initial public offering (IPO) in Hong Kong, seeking to capitalize on growing investor interest in artificial intelligence (AI) and...

Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop

Adobe (NASDAQ: ADBE) delivered stronger-than-expected fiscal second-quarter 2026 results, surpassing Wall Street forecasts on both revenue and earnings while raising its full-year guidance. The software giant also reported...