Author: Fiona Craig

Apple Inc. (NASDAQ:AAPL) is reportedly considering a bid to secure the U.S. broadcasting rights for Formula 1, aiming to rival Disney-ESPN when the current contract comes up for renewal next year, according to the Financial Times. Sources close to the discussions revealed that Apple’s interest has been fueled by the strong reception of its recent…

Gold prices fell modestly in Asian markets on Wednesday as investors showed little appetite for the metal as a safe haven. Instead, uncertainty around U.S. trade tariffs and Federal Reserve interest rate policy boosted demand for the U.S. dollar, pressuring gold and other metals. In contrast, U.S. copper prices surged to unprecedented levels after President…

Oil prices eased from a two-week high during Wednesday’s Asian trading session following data showing a significant rise in U.S. crude oil inventories. Meanwhile, investors remained on edge ahead of further tariff announcements expected from President Donald Trump. At 21:44 ET (01:44 GMT), September Brent crude futures dipped 0.3% to $69.91 per barrel, while West…

Amazon.com Inc. (NASDAQ:AMZN) shares fell as much as 2% on Tuesday following reports that Prime Day sales in the first four hours declined nearly 14% compared to last year’s event. According to Bloomberg, citing data from Momentum Commerce — which manages 50 brands on Amazon including Crocs (NASDAQ: CROX), Beats, and Therabody — early consumer…

Sealsq Corp (NASDAQ: LAES) stock climbed 3.5% following the announcement that it has started deploying its GSMA-accredited embedded Universal Integrated Circuit Card (eUICC) technology with telecom operators globally. This advanced technology incorporates post-quantum cryptographic features designed to safeguard against emerging quantum computing threats. The Geneva-based semiconductor firm targets mobile phones, IoT devices, and connected infrastructure,…

Rich Sparkle Holdings Limited (NASDAQ:ANPA) began trading at $3.60 per share on Tuesday, dipping below its initial public offering (IPO) price of $4.00. The Hong Kong-based financial printing and corporate services provider priced its IPO at $4.00 per share, offering 1.25 million ordinary shares and aiming to raise approximately $5 million in gross proceeds, before…

GlobalFoundries (NASDAQ: GFS) stock jumped 5.9% Tuesday after the semiconductor manufacturer announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor intellectual property (IP). The acquisition will expand GlobalFoundries’ customizable IP portfolio and bolster its process technologies with enhanced IP and software capabilities. The deal includes MIPS’ RISC-V processor IP and…

SoFi Technologies Inc. (NASDAQ:SOFI) surged 7.4% Tuesday after announcing new private market fund offerings through partnerships with Cashmere, Fundrise, and Liberty Street Advisors. This expansion significantly broadens access for SoFi’s 10.9 million members to high-growth private companies such as OpenAI, SpaceX, and Epic Games, with minimum investments starting at just $10. The new partners bring…

McKesson Corporation (NYSE:MCK) reached a new all-time high, with its stock closing at $737.0. The healthcare giant now boasts a market capitalization of $92 billion, supported by a robust 25.31% increase in stock value over the past year and strong revenue growth of 16.22%. This milestone highlights investor confidence in McKesson’s strategic initiatives and its…

DeFi Development Corp. (NASDAQ:DFDV) shares rose 3% after the company announced the purchase of 47,272 Solana (SOL) tokens valued at approximately $7.03 million, significantly expanding its cryptocurrency portfolio. Positioning itself as the first publicly traded company with a treasury strategy focused on Solana accumulation, DeFi Development acquired the tokens at an average price of $149.09…