Stellantis recalls over one million vehicles in the United States due to power steering defect

Automotive manufacturer Stellantis N.V. has announced the recall of more than one million vehicles in the United States following the discovery of a potential defect in the power steering system that could increase the risk of fire, according to U.S. safety regulators. The recall was issued after the U.S. National Highway Traffic Safety Administration......

Israel and Iran pause strikes after missile escalation ends ceasefire

Israel and Iran have halted active strikes after several days of direct missile exchanges that broke a fragile ceasefire established in April. The confrontation marks the first large scale exchange between the two sides since the truce, raising concerns over a broader regional conflict. By Monday, both governments signaled a temporary willingness......

Allies seek Trump approval for Hormuz mine clearance at G7

A United Kingdom and France led coalition has completed operational plans for a multinational mine-clearing mission in the Strait of Hormuz. Allied governments plan to seek formal approval from United States President Donald Trump during the upcoming G7 summit in Évian-les-Bains, scheduled for June 15 to 17 in France. The mission depends......

Trump nominates former personal lawyer Todd Blanche for permanent attorney general role

U.S. President Donald Trump has formally asked the Senate to confirm his former personal attorney, Todd Blanche, as the country's permanent attorney general, a decision that is expected to spark intense political debate in Washington. Blanche has been serving as acting attorney general since the departure of Pam Bondi earlier this year.......

Apple delays Mac Studio refresh as DRAM shortage disrupts plans

Apple’s Worldwide Developers Conference opened with a software-focused keynote that featured no new Mac hardware, reinforcing reports that the next-generation Mac Studio has been delayed. The workstation, expected to launch with M5 Max and M5 Ultra chips, has reportedly been pushed from a mid-2026 release window to October due to an......

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 as a near-perfect example of selling at......

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 institutional holders facing forced......

Google orders three million TPU chips from Intel for 2028

Google has placed a large order for more than three million tensor processing units from Intel for delivery by 2028, according to a report citing four people with direct knowledge of the discussions. The agreement signals growing trust in Intel’s efforts to rebuild its semiconductor manufacturing business and expand its role in advanced......

Amazon and Corning sign multi-billion-dollar agreement to expand fiber optics manufacturing in the United States

Amazon and Corning have announced a multi-billion-dollar partnership aimed at strengthening fiber optics manufacturing and connectivity infrastructure in the United States. The agreement reflects the growing demand for advanced networking technologies as cloud computing, artificial intelligence, and large-scale data centers continue to expand......

Alphabet reportedly turns to intel for future AI chip production

Alphabet, the parent company of Google, is reportedly considering a major partnership with Intel to manufacture millions of custom artificial intelligence chips later this decade. The reported agreement would represent a significant development for both companies and could reshape parts of the global semiconductor landscape. According to......

Iran halts attacks on Israel after Trump calls for ceasefire

Direct missile exchanges between Iran and Israel marked the most serious escalation between the two countries in two months, as both sides launched strikes for the first time since the April 8 ceasefire. The confrontation began when Iran fired multiple waves of ballistic missiles toward northern Israel, targeting two Israeli air bases, according......

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 the unit could reach break-even between......

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 across thousands of local, state,......

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