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Canada – 2025/08/07: In this illustrated photo, the SoftBank Group (SoftBank) logo is displayed on the smartphone screen. (Photo illustration: Thomas Fuller/SOPA Images/LightRocket, Getty Images)Sopa Images | Light Rocket | Getty Imagesshares of Softbank Group It fell more than 11% after U.S. markets tumbled overnight on the back of increased profit-taking in the tech sector. Other Asian tech giants: TSMC and foxconnStock prices also fell.The Japanese investment giant recently overtook Toyota Motor Corp. to become the country’s most valuable company, but SoftBank’s high-risk bet on AI has market concerns, even as investor enthusiasm for the new technology has seen its…
Jalen Brunson’s New York Knicks won Game 1 of the NBA Finals on the road against the San Antonio Spurs.Published June 4, 2026June 4, 2026Jalen Brunson scored 13 of his 30 points in the fourth quarter and the New York Knicks overcame a 14-point third-quarter deficit to beat the San Antonio Spurs 105-95 in Game 1 of the NBA Finals in Texas on Wednesday.Karl-Anthony Towns had 18 points and 12 rebounds as the Knicks won their 12th straight playoff game, the second longest postseason winning streak in league history.Recommended stories list of 4 itemsend of listNew York finished the game…
From must-see matches to the grand finale, here’s a list of all the important dates on the 2026 World Cup schedule.Published June 4, 2026June 4, 2026Block your calendar. The 2026 FIFA World Cup is coming!From superstars like Lionel Messi, Cristiano Ronaldo, Kylian Mbappé and Harry Kane to young players like Lamine Yamal, Arda Güler and Yan Diomande, some of soccer’s brightest talent is flocking to North America.Recommended stories list of 4 itemsend of listAs the 39-day tournament kicks off in the United States, Canada and Mexico, Al Jazeera brings you a synopsis of key dates and matches. June 11: Mexico…
Workers dig ore at a tungsten mine operated by Trinity Metals Group in northwestern Kigali, Rwanda, on Friday, May 23, 2025.Bloomberg | Bloomberg | Getty ImagesIt is well documented that the Iran war is causing price increases and shortages of various items on which Americans depend. Oil and gas, as well as petrochemical products and everything derived from them (such as plastics), and helium are among the raw materials that have been under siege due to the closure of the Strait of Hormuz. Still, the reopening of the Strait is unlikely to abate the impact of another factor causing prices…
CNBC’s Jim Cramer warned Wednesday that a wave of funding related to the artificial intelligence boom could create headwinds for stocks in the short term. “Bull markets can be wiped out by economic conditions, interest rates, and geopolitical turmoil, but what most easily leads to a slaughterhouse is a glut of new supply,” the “Mad Money” host said. “As with any market, if supply exceeds demand, prices will fall quickly.”Cramer pointed to long-awaited IPOs from SpaceX, Anthropic, and OpenAI, as well as a growing pipeline of companies seeking capital to fund the construction of large-scale AI infrastructure. of the alphabet…
Kim Jong Un on Wednesday toured a new factory producing weapons-grade nuclear material and said North Korea plans to “drastically increase our nuclear forces,” state media reported. North Korea’s leader said the country has more than doubled its production capacity for weapons-grade nuclear material in the past five years, and the new factory will help strengthen its nuclear war deterrence, the Korean Central News Agency (KCNA) reported. Kim announced his push to build up nuclear weapons based on a five-year plan implemented after denuclearization negotiations with the United States, including three meetings with US President Donald Trump during his first…
Who is Donnell Harvey’s wife? According to Ebony, Donnell legally married Anya’s mother, Natisha Harvey, in 2001, but the official wedding did not take place until 2013 due to Donnell’s busy basketball schedule. Natischa is a shoe designer who started her shoe brand Fever thanks to her long-time love for fashion. “I’ve always been fascinated by materials, textiles and colors,” Natisha said on the In Her Shoes blog in 2010. “When I was younger I always had a sneaker fetish, but as I got older I switched to stilettos. I think my talent, faith and determination led me to start…
Check out the companies making the biggest pre-market moves: Private Equity Firms — The group fell after Bloomberg News reported that Switzerland-based private equity firm Partners Group restricted withdrawals from one of its private equity funds. Blackstone fell 6% and KKR fell more than 5.5%. Blue Owl Capital fell nearly 4%. Palo Alto Networks — Cybersecurity stock fell 2%. Palo Alto announced better-than-expected revenue guidance for the current quarter and raised its full-year revenue outlook. The company also posted fiscal third-quarter adjusted earnings of 85 cents per share on sales of $3 billion, beating analysts’ expectations for earnings of 80…
Elon Musk photographed at SpaceX in Brownsville, Texas. Marvin Joseph | Washington Post | Getty ImagesThe world’s richest man is on the verge of becoming a billionaire. SpaceX CEO Elon Musk owns $866.5 billion worth of shares in the reusable rocket maker on paper, according to the company’s latest IPO prospectus released Wednesday. SpaceX said it plans to price its upcoming IPO at $135 per share, valuing it at about $1.77 trillion. For Musk, 54, the SpaceX proposal scheduled for next week comes 16 years after he took office. tesla public. He currently owns about $355 billion worth of stock…
Russian airstrikes have increased enormously in recent months, hitting Ukraine with more drones and faster missiles than ever before, as the Russian military struggles to make meaningful progress on the ground. This massive attack is designed to overwhelm Ukraine’s air defenses, with waves of cheap drones, then fast-moving ballistic missiles, then cruise missiles coming in quick succession in a series of carefully planned attacks to inflict maximum damage. Experts say the “overwhelm” approach allows more missiles to pass. Ukrainian officials said Tuesday’s latest attack also included eight high-velocity Zircon missiles, nearly impossible to shoot down and powerful enough to destroy…