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Politics
Strait of Hormuz and drone threats to global shipping
Satellite view of Tuapse Oil Refinery, Russia. Ukrainian drones struck fuel storage tanks at the Rosneft‑operated facility, igniting a major fire visible for kilometers.Gallo Images | Gallo Images | Getty ImagesThe Strait of Hormuz is…
Microsoft (MSFT) Q4 earnings report 2026
Microsoft shares moved 8% higher in extended trading on Wednesday after the software maker disclosed strong fiscal fourth-quarter revenue and called for steady 2026 capital expenditures.Here's how the company did relative to LSEG…
Samsung Electronics second-quarter operating profit beats estimates
The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 7, 2026. South Korean technology giant Samsung Electronics forecast on July 7 a roughly 19-fold jump in second-quarter operating profit from a year…
China AI supplier Zhongji Innolight Hong Kong debut
The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty ImagesShares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the…
Fed’s Warsh’s credibility in question after rate decision: Analysis
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026. Michael Nagle | Bloomberg | Getty…
U.S. resumes strikes against Iran, retaliating against surprise missile
US President Donald Trump during an announcement in the Oval Office of the White House in Washington, DC, US, on Wednesday, July 29, 2026. Aaron Schwartz | Bloomberg | Getty ImagesThe U.S. forces began launching strikes against Iran at 8…
U.S. wants Asia to use its AI, but China dominates cheaper models
Google's display at APEC Digital Weeks in Chengdu on July 23, 2026 did not focus on Gemini.Evelyn Cheng | CNBCBEIJING — The artificial intelligence race between the U.S. and China is heating up in the world's largest continent: Asia."The…
Here are the five big takeaways from this week’s Fed meeting
Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee, as the Federal Reserve holds interest rates steady, at the Federal Reserve, in Washington, July 29,…
Warren, Schiff urge SEC to probe Trump Media API service
Sen. Adam Schiff (D-CA) and Sen. Elizabeth Warren (D-MA) arrive for a vote series at the U.S. Capitol on September 30, 2025 in Washington, DC.Kent Nishimura | Getty ImagesSens. Elizabeth Warren and Adam Schiff asked the U.S. Securities…
Meta’s stock drops on light revenue guidance, dwindling free cash flow
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026.Nathan Howard | ReutersMeta shares dropped more than 5% in…