Nebius stock surges 15% after Nvidia investment

Artificial intelligence infrastructure spending is accelerating as technology companies race to build the computing backbone required for advanced AI systems. Nvidia strengthened its position in this growing market after announcing a $2 billion investment in AI cloud firm Nebius Group. The announcement sent Nebius shares up 15% on Wednesday and highlighted Nvidia’s strategy of supporting… Continue reading Nebius stock surges 15% after Nvidia investment

Revolut secures UK banking licence: here’s what comes next

After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut finally secured a full banking licence in its home market. The development came on Wednesday as a milestone that would end a process that began in 2021 and has been watched closely across Europe’s… Continue reading Revolut secures UK banking licence: here’s what comes next

Amazon Zoox taps Uber platform to accelerate robotaxi rollout

Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership allows riders to request Zoox vehicles directly through Uber while the company continues operating its own app. The collaboration reflects growing momentum around autonomous mobility as technology firms and transport platforms compete… Continue reading Amazon Zoox taps Uber platform to accelerate robotaxi rollout

US stocks mixed as Dow dips, Oracle surges on AI, inflation cools

The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The investors continue to weigh the latest developments in the US-Iran war and volatile oil prices while digesting fresh US inflation data. The Dow slipped 82 points, or 0.2%, while the S&P 500… Continue reading US stocks mixed as Dow dips, Oracle surges on AI, inflation cools

China warns state staff over OpenClaw AI agent security risks

China’s government agencies and state-owned enterprises have begun warning staff against installing the artificial intelligence agent OpenClaw on office devices, citing potential security concerns. The guidance, as reported by Reuters, highlights caution inside the Chinese state sector over emerging autonomous AI tools. OpenClaw is an open-source system capable of independently performing complex digital tasks with… Continue reading China warns state staff over OpenClaw AI agent security risks

Clean energy shift could shield UK economy from fossil fuel turmoil

The UK’s transition to renewable energy and low-carbon technologies could protect households and businesses from volatile global fossil fuel markets while costing far less than critics claim, according to analysis from the Climate Change Committee. The climate advisers estimate that reaching net zero emissions by 2050 would require about £4 billion a year, or roughly… Continue reading Clean energy shift could shield UK economy from fossil fuel turmoil

JPMorgan marks down software-linked private credit loans: report

JPMorgan Chase has marked down the value of certain loans linked to private credit funds, reported Financial Times. The move comes as the $2 trillion private credit market faces increasing scrutiny from investors, and lenders amid fears of potential defaults and weakening valuations, particularly among software companies. According to the report, the markdown applies to… Continue reading JPMorgan marks down software-linked private credit loans: report

Best stocks to invest in as Hormuz crisis sends oil majors higher

Oil majors are in the spotlight as the effective closure of the Strait of Hormuz forces traders to reprice supply risk, sending benchmark crude sharply higher and pushing selected energy stocks toward fresh highs. With tankers avoiding one of the world’s most vital chokepoints and maritime traffic reportedly down about 80%, investors are rotating into… Continue reading Best stocks to invest in as Hormuz crisis sends oil majors higher

Rheinmetall falls on earnings miss but Ukraine, Iran wars boost sales outlook

Shares of Germany’s largest defence contractor Rheinmetall fell by about 5.75% on Wednesday after the company reported strong revenue growth and record operating profit for 2025 but failed to meet market expectations. The company said sales rose 29% year-on-year to 9.935 billion euros, driven by surging demand for defence equipment amid escalating geopolitical tensions. Operating… Continue reading Rheinmetall falls on earnings miss but Ukraine, Iran wars boost sales outlook