Market news, minus the noise.
Weekly recaps, market analysis, broker comparisons and education, from the Bullwaves desk.
More from the desk.
Google scores six-year Meta cloud deal
Google secures a $10 billion cloud deal with Meta, reflecting the growing demand for AI infrastructure and partnerships in the tech industry.
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Apple Expands iPhone Production in India
Apple boosts iPhone production in India while facing U.S. tariff threats over Russian oil.
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US would help assure Ukraine's security
Trump promised Zelenskiy that the U.S. will provide security guarantees for Ukraine in future peace negotiations
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china open first ai hospital with robot
China has opened the world’s first AI-powered hospital, capable of treating thousands of patients daily and transforming both healthcare delivery and medical education.
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McDonald's sales improved last quarter
McDonald’s Q2 results were boosted by the record-breaking Minecraft Movie Meal promotion, strong global sales, and continued digital expansion.
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Perplexity AI Offers $34.5 Billion for Google’s Chrome
Perplexity AI has made a bold $34.5 billion bid for Google’s Chrome browser following a DOJ antitrust ruling.
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European hotels to sue Booking.com
Almost 10,000 European hotels are taking collective legal action against Booking.com over alleged inflated costs from parity clauses.
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BlackRock shifts $561M from Bitcoin to Ethereum
BlackRock shifts over half a billion dollars from Bitcoin to Ethereum, suggesting a possible altcoin season.
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Spotify sees 12% rise in paid subscribers
Spotify’s user base reaches 696 million, but profits fall short due to rising expenses and AI tensions.
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Apple Q3 Beats, iPhone Drives $94 Billion Revenue
Apple beats Q3 expectations thanks to strong iPhone and Mac sales, while services continue to grow.
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OpenAI prepares to launch GPT-5 in August
OpenAI is set to unveil GPT-5 in August, a more advanced and flexible AI system combining multiple technologies.
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Trump Pushes Tech Firms to Prioritize American Workers
Trump calls on tech giants to stop hiring foreign workers, including Indians, urging a focus on U.S. jobs in AI.
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JPMorgan Explores Crypto-Backed Loans
JPMorgan considers launching crypto-backed loans amid growing institutional interest.
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China Bans OnlyFans in Latest Online Crackdown
China intensifies its digital regulation by banning access to OnlyFans, targeting foreign platforms.
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IBM Replaced Hundreds of HR Workers With AI
IBM confirms it replaced HR employees with AI, but overall headcount increased as the company reinvests in AI and strategic roles.
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Ryanair doubled its second-quarter profits
Ryanair doubles profits thanks to fare hikes and strong summer demand
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Pentagon signs $200 million deal with Elon Musk
The Pentagon signs a $200M deal with Elon Musk's xAI for its Grok chatbot, amid controversy and political fallout with Donald Trump.
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JPMorgan Chase will get involved in stablecoins
JPMorgan explores stablecoins despite CEO Jamie Dimon's skepticism, as major U.S. banks position for crypto-enabled payment innovation.
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OpenAI Set to Launch AI-Powered Web Browser
OpenAI is preparing to launch an AI-powered web browser aimed at disrupting Google Chrome’s dominance and redefining the way users browse the web.
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tesla open first indian store in mumbai
Tesla officially enters the Indian market with the launch of its Model Y, opening its first showroom in Mumbai and revealing plans to explore local R&D and manufacturing opportunities.
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