BUSINESS

Oracle's shares rose 4.59% following major U.S. government contracts, despite recent declines and mixed analyst sentiment. The contracts provide a stable revenue stream amid cloud infrastructure expansion.

Microsoft shares rose 2.05% as investors anticipate a pivotal earnings report, focusing on AI investments and Copilot integration. The tech sector sees broader gains amid Big Tech earnings week.

Nvidia's shares fell sharply after reports of a $250 billion financial guarantee for OpenAI's data center project, raising investor concerns about circular financing and insider selling.

IonQ's stock surged over 10% amid a volatile quantum computing market, as investors anticipate the company's upcoming earnings report, highlighting strong revenue growth despite ongoing unprofitability.

Google will increase prices for its Pixel smartphones due to soaring memory costs driven by AI demand, affecting both upcoming and existing models. The company aims to mitigate impacts through software optimisations.

Micron Technology's stock rebounds from bear market territory, driven by strong AI demand and strategic moves in the automotive sector, despite recent volatility in the semiconductor market.

Rigetti Computing's stock surged over 12% following the announcement of a new collaboration to develop a hybrid quantum-classical supercomputing testbed, supported by a $5 million NSF grant.

Bitcoin sees modest gains amidst a prolonged bear market, influenced by geopolitical tensions and market dynamics. Analysts remain divided on its future, with key events ahead potentially shaping its trajectory.

Bitmine Immersion Technologies' stock rose 12% after revealing $11.8 billion in crypto holdings, driven by Ethereum. The company continues its share buyback program and focuses on Ethereum accumulation.

The Dow Jones Industrial Average rose as tensions in the Middle East eased and oil prices dropped, alleviating inflation concerns. Investors focus on upcoming corporate earnings and Federal Reserve decisions.

The Nasdaq Composite rose as U.S.-Iran tensions eased, leading to a drop in oil prices. Investors focus on upcoming earnings reports and Federal Reserve policy decisions amid market optimism.

SpaceX's journey from early rocket prototypes to the ambitious Starship missions highlights significant advancements in space technology, aiming to make life multiplanetary. Recent tests demonstrate progress towards operational status.

Palantir CEO Alex Karp predicts AI will significantly increase wealth disparity, benefiting a narrow elite while posing a threat to social cohesion. He criticises the AI industry's fear-mongering tactics.

Korean beauty products are becoming everyday staples in the US, with brands like Medicube leading sales and search rankings, expanding from online popularity to major retail presence.

Japan's top automakers, Toyota, Nissan, and Honda, are experiencing significant sales declines in China due to their slow transition to electric vehicles, while Chinese brands rapidly gain market share.

Germany's largest companies, like SAP, lag behind global giants such as Samsung in market value, highlighting structural challenges in financing and governance that impact their global competitiveness.

Bellevue Gold's shares rose 9.09% to $1.38, driven by a gold price rally and strong operational performance at its Western Australian mine, boosting investor confidence.