Breaking 11:01 3M raises annual profit outlook as industrial business drives recovery 10:42 Alphabet reportedly develops AI chip with Gemini technology built into its architecture 10:19 US aviation regulator pushes next-generation aircraft toward commercial launch 10:00 US banks poised to support Japan’s $550 billion investment initiative in the United States 09:53 Tennessee mother charged after fatal shooting following alleged home intrusion 09:50 Boeing challenges Airbus loan package as US-EU aircraft subsidy tensions return 09:48 BlackRock prepares $12 billion-plus bond sale to finance major Texas data center project 09:31 US court puts $81 billion Paramount and Warner Bros. Discovery merger on hold 09:23 Christopher Nolan plans a long break after The Odyssey, delaying his next film for at least three years 07:57 Brazil seeks to avoid trade escalation as new US tariffs raise economic concerns 07:10 Trump announces new 50% tariffs on a wide range of Canadian products 20:00 Man arrested after suspected arson attack outside federal building in New York 19:31 NASA says Artemis III remains on track despite Blue Origin setback 17:45 US appeals court overturns class action status in Boeing 737 MAX 9 shareholder lawsuit 15:45 US accuses Cuba of decades-long espionage and subversion campaign 15:36 New York reports three deaths and 74 cases linked to Legionnaires’ disease outbreak 15:10 Trump demands compensation from Canada over Ontario wildfire smoke impact 13:46 US expands electronic warfare capabilities for Morocco’s Apache helicopters 13:45 Tempus to acquire Personalis in $1.5 billion deal to strengthen AI-driven cancer diagnostics

Economy



Global stocks sell off as SpaceX IPO drains liquidity

Global equities faced heavy selling pressure as investors reacted to expectations that a major SpaceX initial public offering would pull liquidity out of technology-heavy portfolios. BNP Paribas analysts linked the wave of declines in semiconductor stocks to retail investors liquidating positions to......

Ethereum whale profits from market crash with strategic buyback

A long-term Ethereum investor executed a remarkably well-timed trading strategy by selling approximately $188 million worth of cryptocurrency holdings before a sharp market downturn and later rebuilding positions at significantly lower prices. Blockchain analytics firm Lookonchain described the move......

Institutional investors buy Bitcoin dip as market faces pressure

Institutional investors are treating Bitcoin's sharp decline as a buying opportunity rather than a reason to exit the market, according to Coinbase's head of institutional strategy John D'Agostino. Speaking on CNBC's "Squawk Box," D'Agostino said he was unaware of any major......

Samsung Foundry moves closer to profitability after years of losses by 2026

Samsung Electronics’ foundry division is approaching a return to profitability in the third quarter of 2026, marking a potential end to nearly four years of sustained losses that have weighed on the company’s semiconductor ambitions. Internal assessments and industry observations indicate......

U.S. election betting surge raises concerns over insider trading in prediction markets

A rapid expansion in prediction markets tied to U.S. elections is raising growing concerns among experts about the ability of regulators to prevent insider trading and maintain market integrity. Platforms such as Kalshi and Polymarket have seen increased activity as users place bets on electoral outcomes......

Citi raises S&P 500 years-end target to 8,100 on strong earnings and AI growth outlook

Citigroup has raised its year-end forecast for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism around artificial intelligence-driven growth in the global economy. The investment bank now expects the benchmark index to reach 8,100 points by the end of......

Gold prices fall to $4,365 as analysts stay bullish on rebound

Gold prices have retreated sharply from recent highs, with spot and futures contracts trading around $4,365 per ounce in early June 2026. The metal previously reached a record above $5,400 in January before entering a sustained correction phase that has now lasted three months. The decline has been driven......

Iraq warns of financial catastrophe as oil revenues collapse amid Iran conflict

Iraq has issued a stark warning over its economic stability as oil revenues fall sharply during the ongoing regional conflict involving Iran. Foreign minister Fuad Hussein said the country could face a financial catastrophe if disruptions in the Strait of Hormuz persist due to military escalation involving......

Goldman Sachs warns of sharp global oil demand decline

Goldman Sachs has warned that global oil demand fell more sharply than previously expected, citing an estimated reduction of 4 to 5 million barrels per day in April. The decline is linked in part to disruptions in maritime flows through the Strait of Hormuz, which temporarily reduced global consumption......

Rosneft chief says U.S. energy firms gain from Strait of Hormuz disruption

The disruption of maritime traffic through the Strait of Hormuz continues to fuel debate over the future of global energy markets, with Russian oil executive Igor Sechin arguing that American energy producers have emerged as the primary beneficiaries of the crisis. Speaking at the St. Petersburg International......

Africa pushes for greater influence in shaping its future

African leaders, policymakers, and development experts are increasingly advocating a model of growth that places African priorities at the center of international decision-making. Discussions at the Paris Peace Forum Spring Meetings in Rabat focused on how the continent can respond to geopolitical tensions,......

Royal Air Maroc expands fleet with Embraer E190 delivery

Royal Air Maroc is preparing to strengthen its regional fleet with the addition of an Embraer E190 aircraft, marking another step in its ongoing capacity expansion strategy. The move is part of a wider effort to modernize operations and increase connectivity across domestic and regional routes. The......

United Kingdom projects oil at 100 dollars through 2028

The United Kingdom government expects global oil prices to remain near 100 dollars per barrel through 2028, even if a peace agreement is reached between the United States and Iran, according to internal projections. The assessment signals a prolonged period of elevated energy costs driven by slow recovery......

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