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Sat, May 30, 2026 11:51 AM All times are UTC

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Amazon Cloud Revenue Soars as AI Demand Boosts Growth and Market Value

Oct 31, 2025 02:23 am UTC| Business Technology

Amazons cloud division, Amazon Web Services (AWS), recorded its fastest growth in nearly three years, lifting the companys shares by 14% in after-hours trading and adding roughly $330 billion to its market value. The surge...

Reddit Projects Strong Q4 Revenue Boost Driven by AI-Powered Advertising

Oct 31, 2025 02:16 am UTC| Business Technology

Reddit is forecasting higher-than-expected fourth-quarter revenue, crediting its artificial intelligence-powered advertising tools for attracting increased marketing spending. Shares of the social media platform surged 9%...

Alphabet Leads Big Tech in AI Investments with Strong Cash Flow Strategy

Oct 31, 2025 01:59 am UTC| Business Technology

Four of the largest U.S. technology giantsAlphabet, Microsoft, Meta, and Amazonannounced plans this week to ramp up capital spending, primarily focused on AI and data center infrastructure. Among them, Alphabet, Googles...

Apple Forecasts Strong Holiday Quarter as iPhone 17 Demand Surges Despite Supply Constraints

Oct 31, 2025 01:51 am UTC| Business Technology

Apple CEO Tim Cook announced forecasts that exceeded Wall Street expectations, projecting double-digit growth in iPhone sales and a 1012% rise in overall revenue for the holiday quarter. The upbeat outlook comes despite...

China Approves TikTok U.S. Transfer Deal, Clearing Path for Ownership Shift

Oct 31, 2025 01:37 am UTC| Politics Technology Business

China has officially approved the long-awaited transfer agreement for TikTok, U.S. Treasury Secretary Scott Bessent confirmed Thursday, marking a major step forward in resolving the apps ownership dispute. Speaking to Fox...

Microsoft Resolves Global Azure Cloud Outage Affecting Airlines, Telecoms, and Websites

Oct 30, 2025 03:36 am UTC| Business Technology

Microsoft announced late Wednesday that it had resolved a widespread outage of its Azure cloud platform that disrupted global industries and Microsofts own productivity tools. The outage, lasting over eight hours, caused...

OpenAI Targets $1 Trillion Valuation in Landmark 2027 IPO

Oct 30, 2025 03:21 am UTC| Business Technology

OpenAI, the artificial intelligence pioneer behind ChatGPT, is reportedly preparing for an initial public offering (IPO) that could value the company at up to $1 trillion, according to a Reuters report citing sources...

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Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...