Author: franperez66q@protonmail.com

US President Donald Trump speaks during a dinner with American farmers in the Rose Garden of the White House in Washington, DC, US, on Thursday, June 25, 2026. Aaron Schwartz | Bloomberg | Getty ImagesPresident Donald Trump on Friday accused Iran of violating a ceasefire agreement with the United States by launching attack drones at ships passing through the Strait of Hormuz, including a cargo vessel that was struck off the coast of Oman on Thursday.”The Islamic Republic of Iran shot at least four One Way Attack Drones at Ships transversing the Strait of Hormuz,” Trump wrote in a Truth…

Spain stocks lower at close of trade; IBEX 35 down 0.45% Source link

ON Semiconductor CEO Hassane El-Khoury defended the company’s core business as shares tanked 20% after announcing its largest acquisition to capitalize on physical artificial intelligence.The maker of power and sensing components for the automotive industry on Thursday announced plans to buy edge AI and wireless connectivity solutions company Synaptics in an all-stock deal. The pivot into physical AI grows its addressable market by an additional $30 billion, or $243 billion, by 2030, On Semiconductor said in a release.”That is the strategic value of it, complementary to everything we have done on a very strong foundation,” El-Khoury told CNBC’s “Squawk on…

The Green Party of England and Wales has been forced to return a donation made by its leader Zack Polanski because it was considered to be impermissible.Under UK electoral law parties can only accept money from people on the UK electoral register. Impermissible donations must be returned within 30 days.As first reported in The Financial Times,, external Polanski gave £1,539.45 to the party in September last year, shortly after he was elected leader, but it was not returned until 10 June this year.Deputy Green Party leader Rachel Millward told the BBC Polanksi had not been on the electoral register because…

CEO of OpenAI Sam Altman waves as he speaks with reporters, following meetings on Capitol Hill in Washington, June 3, 2026.Kylie Cooper | ReutersThe outlook for an initial public offering from artificial intelligence platform OpenAI is changing after a New York Times report said the company may delay a debut on the public market until next year. So when might the company formally announce an IPO? Traders on prediction market platform Kalshi think it will now arrive early next year. Speculators say that there’s a 59% chance that an IPO by OpenAI is officially announced by March 1, 2027. Traders place only…

HP computers at a Best Buy store on Black Friday in New York, Nov. 28, 2025.Victor J. Blue | Bloomberg | Getty ImagesAs the global artificial intelligence race accelerates, memory chips are getting more expensive. As a result, costs of some consumer electronics are beginning to rise for retailers and consumers alike. Memory storage, known as RAM, is crucial for all computing devices, including phones, tablets and laptops. The cost of chips has been rising due to a supply shortage driven largely by massive demand for AI data centers. Companies such as Nvidia, Advanced Micro Devices and Google have been…

Mobix Labs stock rises after deregistering 900,000 shares Source link

During the IPO roadshow, Musk sold investors on future plans to launch data centers into space and build a colony on Mars. Analysts at its lead underwriter Goldman have predicted a 100-fold surge in its AI revenues to $322 billion by 2030. While describing expanding Starlink as another key growth pillar in its IPO prospectus, SpaceX has never publicly confirmed that it plans to launch a retail mobile service. There have been months of speculation over SpaceX’s future mobile plans after it paid $17 billion to rival EchoStar for wireless spectrum licenses to bolster its Starlink satellite network last September.…

Former U.S. Ambassador to the United Nations and former National Security Advisor John Bolton arrives for a plea hearing at U.S. District Court for the District of Maryland on June 26, 2026 in Greenbelt, Maryland. Al Drago | Getty ImagesJohn Bolton, a former national security advisor to President Donald Trump, pleaded guilty in Maryland federal court on Friday morning to one criminal count of retaining national defense information.Bolton faces a maximum possible sentence of five years in prison and a fine of $2.25 million. He is due to be sentenced on Oct. 28.When Judge Theodore Chuang asked Bolton on Friday…

Panida Wijitpanya | Istock | Getty ImagesVeteran investor Jeremy Grantham thinks the artificial intelligence boom has pushed the U.S. stock market to its most expensive level ever and could eventually lead to a historic decline.”Based on the value of the stock market compared to GDP, with modifications, this is the most expensive market in American history,” Grantham told CNBC’s “Squawk Box.”While the GMO co-founder said he wasn’t sure there was a comparable period, the tech bubble of 2000 is the closest analogy. He also highlighted the so-called Buffet indicator, which compares the total value of the U.S. stock market valuation…