Author: Editor-In-Chief

Asia-Pacific markets were mostly lower on Friday as concerns grew about a flare-up of hostilities between Iran and the United States amid an uneasy ceasefire. The United States and Iran engaged in a gunfight in the Strait of Hormuz, with each side claiming the other had launched the attack.Despite the escalation, President Donald Trump insisted in a call with ABC News reporters late Thursday that the ceasefire remains in effect, calling the attack “just a love tap.” In a subsequent Truth Social post, President Trump claimed that the United States had “completely destroyed” the Iranians involved in the exchange, which…

Apple and Intel are reportedly close to a deal in which Intel will manufacture some of the chips for the iPhone maker’s devices, marking a major shift in the chip manufacturing landscape.The Wall Street Journal reported Friday, citing people familiar with the matter, that the two companies have been negotiating for more than a year and reached a tentative agreement in recent months.Intel stock soared nearly 14% on Friday. Apple stock rose 2%. Both companies declined to comment.”I 100% believe this will happen. We don’t know when,” Ben Bajarin, a chip analyst at Creative Strategies, said in an interview.If it…

Chairman Tim Scott (RS.C.) listens to the testimony of Mr. Kevin Warsh on Tuesday, April 21, 2026 at the Dirksen Building.Tom Williams | CQ-Roll Call Inc. | Getty ImagesThe crypto industry’s major road rules bill is scheduled for its first vote in the Senate Banking Committee on May 14th.Moving this bill forward would be a loss to the banking industry. Banks argue that the proposed language in the bill that would limit when stablecoins can earn interest remains too similar to yield-bearing products like savings accounts and could threaten traditional banks and their deposits. Historically, interest in the form of…

Our football betting expert Jones Knows offers his insight ahead of another exciting weekend of Premier League action. Liverpool vs Chelsea, Saturday 12.30pmEnzo Maresca is becoming a better manager by the day since leaving Chelsea. The players just don’t look like they know what they are anymore. There’s no clear structure, no rhythm and too many individuals going through the motions. Throw in the distraction of an upcoming FA Cup final and a summer World Cup and it’s not hard to see why focus levels might not be where they need to be. That’s a dangerous mix heading to Anfield.Liverpool…

As widely reported, Oracle announced via email on March 31 that it was laying off an estimated 20,000 to 30,000 people. One employee who was fired that day told TechCrunch about his experience: “I had this weird feeling in my stomach. I tried to sign into the VPN, and it was like, ‘This user no longer exists.'” Then I called a friend and said, “Can you meet me on Slack?” And she said, “No, your account has been deactivated.” ” The person immediately received an email informing them that their role had been terminated with immediate effect. A few days…

Oil prices rose on Friday after Iran fired another missile at the United Arab Emirates and the United States attacked two Iranian tankers as they tried to evade a naval blockade. Brent crude oil futures, the international standard, rose about 1% to close at $101.29 per barrel. US West Texas Intermediate futures settled slightly higher at $95.42 per barrel. But the two oil contracts posted losses of more than 6% for the week as markets expected a deal to end the war. The UAE Ministry of Defense announced on Friday that the country’s air defense forces engaged two ballistic missiles…

CNBC’s Jim Cramer said the market remains overwhelmingly driven by enthusiasm for semiconductor and data center stocks, and next week will test whether investors continue to reward nearly every positive development related to AI.”This market just keeps going up and up on the same old stuff: news about semiconductors, more old news about semiconductors, reinterpreted news about semiconductors, and even pure speculation,” the “Mad Money” host said Friday. “Every little bit of positivity helps the group go higher.”of Nasdaq Composite and S&P500 Both stocks hit new intraday highs and closed at their highest prices on Friday, driven by AI-related stocks.…

Manager Mikel Arteta says he will put criticism of Arsenal’s celebrations after their Champions League semi-final victory over Atletico Madrid “where it belongs”.Arsenal beat Atlético 2-1 on aggregate at the lively Emirates Stadium in Budapest on May 30, setting up their Champions League final against Paris Saint-Germain. After the final whistle, Arteta took to the pitch with his players to celebrate reaching the Champions League final for the first time since 2006, but the scene of jubilation led to accusations that the celebrations were too much. Former Manchester United forward Wayne Rooney said on Amazon Prime: “They deserve to be…

BEIJING—The Iran war is likely to be the focus of the summit between President Donald Trump and Chinese President Xi Jinping, leaving little room for resolving issues such as tariffs and rare earth supplies.Treasury Secretary Scott Bessent has already said Iran will be on the agenda at the meeting, scheduled for May 14th and 15th. And earlier this week, China hosted Iran’s foreign minister for the first time since the war began in late February, raising hopes for a peace deal, lowering oil prices and spurring stock market gains.The U.S. government turned down China’s invitation to hold industry-specific meetings between…

Real Madrid team-mates Aurelien Choameny and Federico Valverde have been fined €500,000 (approximately £432,000) following an investigation into an altercation at the training ground.There was a clash between players at the end of Wednesday’s practice, and tempers flared up again during Thursday’s practice, eventually leading to Valverde being taken to hospital where he was later diagnosed with cephalic trauma. On Thursday, Real Madrid president Florentino Pérez announced that disciplinary proceedings had been initiated against the two players following an emergency meeting held at the club’s training ground. Valverde-Cioameni Affair – Overview Valverde and Choameni scuffled at the training ground on…