Nintendo shares fall after disappointing switch 2 showcase

Nintendo shares fell sharply after a summer presentation failed to restore investor confidence, extending a prolonged decline in the company’s market value. The American depositary receipts dropped by around 9 percent during Tuesday’s trading session, marking one of the steepest single-day moves in months for the Japanese gaming......

Albania suspends Kushner resort after EU environmental warning

The European Union has warned Albania that a luxury resort project linked to Jared Kushner and Ivanka Trump could violate EU environmental law and jeopardize the country’s accession process. In response, Brussels urged Albanian authorities to ensure full compliance with environmental standards as negotiations progress, stressing that......

Goldman Sachs raises AI server market forecast to $1.24 trillion

Goldman Sachs has increased its long-term forecast for the global artificial intelligence server market to 1.24 trillion dollars by 2030. The new estimate marks an 18 percent upward revision from a previous projection of 961 billion dollars. The adjustment reflects accelerating demand for computing infrastructure as companies expand artificial......

Gold and silver slide to 2026 lows after US strikes Iran

Gold and silver fell sharply to their lowest levels of 2026 after the United States carried out military strikes against Iran. The move followed a period of rising geopolitical tension in the Middle East and triggered a broad selloff across precious metals markets already sensitive to interest rate expectations. Gold futures dropped during......

Pakistan contradicts Trump claim on imminent Iran deal talks

United States President Donald Trump said the United States and Iran were in the final stages of a potential agreement and suggested a deal could be reached within days. His remarks portrayed negotiations as close to completion, with no major obstacles remaining and rapid implementation possible once signed. Trump also claimed that key regional......

Oil drops to seven-week low after Iran Israel ceasefire

Oil prices fell to their lowest level in seven weeks after Iran and Israel announced a halt to their mutual attacks, easing fears of a wider regional disruption to energy supplies. The decline erased earlier gains triggered by renewed hostilities between the two sides, which had briefly pushed crude higher on concerns over supply risks in......

Anthropic launches Claude Fable 5 public mythos AI model

Anthropic has introduced Claude Fable 5, making a Mythos class artificial intelligence model available to the public for the first time. The release follows a period in which the company restricted its most advanced systems to a limited group of cybersecurity specialists. The move signals a controlled expansion of high capability AI access......

Arthur Hayes predicts AI bubble burst before bitcoin recovery

Arthur Hayes, cofounder of BitMEX, argues that bitcoin will not stage a durable recovery until the artificial intelligence investment boom collapses. In a recent essay, he links crypto market weakness to the scale of capital flowing into AI infrastructure and the way it has reshaped global liquidity since late 2022. Hayes says around 1.5......

OpenAI ipo filing accelerates capital shift from bitcoin markets

Bitcoin recorded its sharpest weekly decline in more than three years after a wave of capital rotation away from crypto assets toward artificial intelligence equities and upcoming mega listings. The cryptocurrency fell roughly 14 percent over a short trading window, sliding from around 67,000 dollars to near 59,100 dollars. The move triggered......

Honda America recalls over 880,000 vehicles due to rear suspension defect risk

Honda Motor America has announced a large-scale recall affecting more than 880,000 vehicles in the United States due to a potential failure in rear suspension components, according to the National Highway Traffic Safety Administration (NHTSA). The recall covers several popular models, including certain versions of the Honda Pilot, Honda Ridgeline,......

Strong US jobs data rattles global stock markets

US financial markets fell sharply after a stronger-than-expected employment report signaled continued economic resilience and reduced expectations for near-term interest rate cuts. The US economy added 172,000 jobs in May, nearly double economists’ forecasts of 80,000 to 85,000. The unemployment rate held steady at 4.3 percent, reinforcing......

Germany approves first cannabis-based chronic pain medication Exilby

A biopharmaceutical company has secured regulatory approval in Germany and Austria for a cannabis-derived oral treatment targeting chronic lower back pain with neuropathic features. The product, Exilby (VER-01), becomes the first cannabis-based medicine explicitly authorized for chronic pain management in these markets. The company plans to......

Marco Rubio pushes Trump to approve Israeli strikes on Iran

Marco Rubio played a decisive role in internal discussions that led Donald Trump to authorize Israeli military strikes against Iran following a wave of missile exchanges. The approval marked a shift from earlier public messaging that suggested restraint and diplomatic engagement. The decision came after high-level consultations involving US......

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