Here are the five big takeaways from this week’s Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change. ...
Economy
Iran says it will ‘punish the aggressor today’ after ‘heavy wave’ of U.S. strikes
Iran's Islamic Revolutionary Guard Corps threatened further escalation on Thursday after a wave of retaliatory U.S. strikes on the country…
Meta tanks nearly 9%, Microsoft jumps 9% as the AI trade splits Big Tech
Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged leading to…
SK Hynix second-quarter revenue more than triples — but misses estimates
SK Hynix announced second quarter earnings on Wednesday, with profit reaching a record but still missing estimates. Revenue more than…
Oil jumps as U.S.-Iran resume strikes after a brief pause
Oil rose sharply amid renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic…
Iran launches surprise ballistic missile attack on U.S. forces in the Middle East
Centcom in a post on X said that the attack originated from Iran, but all missiles were intercepted. ...
Nvidia, SpaceX, Microsoft launch AI safety initiative as OpenAI cyberattack fallout continues
Microsoft, SpaceX, Palantir, alongside dozens of other tech companies from the U.S. and Europe, have joined the Open Secure AI…
NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers
Beginning in early 2027, YouTube Premium subscribers will receive the entirety of Peacock content, including sports and movies. ...
Sam Altman to meet with Trump administration, senators this week. Here’s what he plans to say
Altman will preview the capabilities of the company's upcoming family of AI models and answer questions about cybersecurity and open-weight…