US Politics & Business News
Apple has filed a lawsuit against OpenAI in the Northern District of California, alleging a months-long scheme to steal confidential information and trade secrets. The complaint states directly that “this case is about Apple’s former employees stealing Apple’s trade secrets for the benefit of OpenAI,” signaling an aggressive legal posture from the iPhone maker. Apple…
Shares of SpaceX (NASDAQ: SPCX) are trading near $148 on Friday, essentially unchanged from where they opened one month ago following the company’s high-profile market debut. That flat performance may look unremarkable in isolation, but against a battered peer group, it represents the strongest showing in the space sector over the past four weeks. SpaceX…
The 2026 NATO summit in Ankara concluded this week with sweeping announcements that sent shockwaves through global defense markets and reshaped alliance burden-sharing expectations. U.S. President Donald Trump made clear that European allies can no longer unconditionally count on American protection, forcing member states to aggressively step up their own commitments. NATO allies officially announced…
Blue Origin is raising $10 billion in its first-ever external funding round, valuing the company at $130 billion pre-money after 26 years of sole Bezos financing. Coatue Management is leading the round with approximately $4 billion, while Jeff Bezos himself is personally contributing $2 billion to the raise. The remaining $4 billion is drawing strong…
Remittix (CRYPTO: $RTX) is pushing deeper into the broader crypto trading market with the announcement of a new perpetual futures platform called Remittix Markets. The expansion adds a second major product line to the RTX ecosystem, sitting alongside its existing PayFi platform that allows users to send crypto while recipients receive fiat directly into bank…
The window to secure a competitive certificate of deposit rate is narrowing, and savers face a genuine decision about where to park their cash. Top U.S. CD yields still reach approximately 4.4% to 4.5% APY as of July 2026, but that figure has been sliding steadily in recent months. The Federal Reserve held its target…
Omnia Training has secured a landmark £2 billion contract from the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner. The contract tasks Omnia Training with delivering the Army’s Collective Training System, known as ACTS, over a 15-year period. Omnia Training is led by Raytheon UK, itself a business unit of…
A veteran Jefferies strategist is urging investors to consider a rotation into quality, low-stress stocks as concerns mount over AI monetization. Desh Peramunetilleke, Jefferies’ head of quantitative strategy, says markets are grappling with whether technology companies are building excess capacity in artificial intelligence infrastructure. A Jefferies report titled “AI fatigue and rotation” notes that “the…
Shares of AST SpaceMobile (ASTS) are on track for their worst weekly performance in over a month amid intensifying competition in the satellite-to-cell market. ASTS stock slipped 1% on Thursday to close at $73.88, leaving it down 13% for the week and drawing fresh scrutiny from investors watching the broader satellite sector. FCC Chairman Brendan…
Meta Platforms (META) is winning back investor confidence after a series of significant artificial intelligence developments this week rattled then reassured Wall Street. Shares of Meta climbed 4.7% on Thursday after the company unveiled Muse Spark 1.1, an agentic coding model the company says is comparable to leading benchmarks from OpenAI and Anthropic. The launch…