The S&P 500 and Nasdaq climbed to new record highs after Microsoft’s blockbuster earnings and investor confidence in artificial intelligence.
Read More Wall Street jumps as Microsoft enters $4 trillion club after resultsTag: South Korea
Musk’s Tesla signs $16.5 billion chip supply deal with Samsung
Musk said the automaker had signed a deal to source chips from Samsung, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
Read More Musk’s Tesla signs $16.5 billion chip supply deal with SamsungTrump warns foreign leaders of ‘reciprocal’ tariffs if no trade deal made by August 1
President Donald Trump announced that the United States will begin imposing blanket reciprocal tariffs on imports from numerous countries who have “significant trade deficits” with the United States, unless they choose to produce within the U.S.
Read More Trump warns foreign leaders of ‘reciprocal’ tariffs if no trade deal made by August 1K-pop supergroup BTS promises a new album and a world tour next year
BTS will head to the United States this month to start working on new music and will launch its next album early next year ahead of a world tour.
Read More K-pop supergroup BTS promises a new album and a world tour next yearNHL players officially to take part in 2026 Olympics
In a meeting at the International Olympic Committee headquarters in Switzerland, representatives from the NHL, the players association and the International Ice Hockey Federation executed an agreement confirming the players’ participation next winter in Italy.
Read More NHL players officially to take part in 2026 OlympicsIran Parliament backs measure to close off the Strait of Hormuz
Iran’s parliament backed a measure on Sunday to close the Strait of Hormuz, a key maritime passage that accounted for 20 percent of global petroleum liquid consumption in 2024.This comes after the United States carried out targeted attacks on key nuclear facilities Fordow, Natanz and Isfahan to decimate Iran’s nuclear capabilities.
Read More Iran Parliament backs measure to close off the Strait of Hormuz