The AI pioneer now faces growing distrust from startup founders and researchers over competitive tactics, guardrails…
Day: July 29, 2026
Mark Zuckerberg Says U.S. Should Accelerate AI Development, Not Restrict It
Meta’s chief executive said that the discourse regarding AI isn’t optimistic enough and that banning foreign…
Even $64 Billion in Quarterly Profit Is a Disappointment for Chip Investors
South Korea’s SK Hynix shares fell nearly 10% despite record results powered by the AI boom.
Microsoft Beats Wall Street Expectations, With 31% Jump in Profits
The software giant closed its fiscal year with $90 billion in quarterly sales; investors remain fixated…
By the time the Federal Reserve meets, Wall Street usually already knows the outcome. That’s not the case this time, as the Fed’s rate-setting committee prepares to meet Wednesday
Markets expect rates to stay on hold, but Fed Chairman Kevin Warsh’s tight-lipped posture has made…
Australia Inflation Cooled in Second Quarter
Australian consumer prices rose by less than expected in the second quarter, easing pressure on the…
Irish Economy Returns to Growth, Boosting Eurozone Hopes
Ireland’s GDP was 3.9% higher than in the first quarter of the year, recovering some ground…
Oil Jumps as Fresh Middle East Strikes Threaten Fragile Diplomacy
Brent and West Texas Intermediate crude futures surged more than 7% after a fresh round of…
The Fed held interest rates steady on a 9-3 vote. Three voters wanted a rate increase, underscoring the pressure to act against inflation
The split showed pressure building inside the central bank to act on inflation two months after…