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The Latest Breaking News from United States

US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled…

The Economic Times

Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beat

Japan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren't convinced the results were strong…

The Economic Times

Iran-US war latest: Tehran demands compensation from Trump to reopen Strait of Hormuz

Iran has warned the Strait will remain shut until the US meet six crucial conditions

The Independent UK

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Alibaba's Next Qwen AI Model May No Longer Be Free for Large Enterprises as It Eyes Moonshot Kimi K3-Like Revenue-Sharing Strategy: Report

Alibaba Group Holding Limited (NYSE:BABA) is reportedly preparing to introduce a revenue-sharing model for large commercial users of its upcoming open-source Qwen AI model.

Benzinga

Analyst Says Proposed Iran-Oman Deal May Have Just Dimmed Hopes for Lower Oil Prices, but National Average Gas Price Could Fall Below $4

GasBuddy analyst Patrick De Haan said reports of a potential Iran-Oman agreement to reopen the Strait of Hormuz with tolls are weighing on hopes for lower gasoline prices.

Benzinga

Ukraine-Russia war latest: Putin told he ‘must stop’ after Russian strike destroys WHO warehouse in Ukraine

WHO chief says 'even wars have rules' as warehouse packed with essential medical supplies is destroyed in Dnipro

The Independent UK

Vikram Solar shares crash 11% to fresh lifetime low. What's spooking investors?

Vikram Solar shares fell sharply to a record low on Friday after the company reported an 85% year-on-year drop in Q1 profit, with margins shrinking sharply. Investor sentiment was also dented by US President Donald Trump's new 15% tariff on polysilicon products, adding to concerns over the solar sector's global…

The Economic Times

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Aussie tech firm's shares soar on 'outstanding' quarter

Shares in Sydney-based software company Atlassian have jumped by almost a third after a strong performance quieted fears of AI disruption.

AAP

Trump angry over leak of US weapons shortage as Iran talks enter crucial phase: Report

President Trump expresses frustration over media claims regarding the depletion of US weapons stockpiles, fearing the leaks may undermine America's leverage in negotiations with Iran. While he admits some reports accurately reflect a tighter supply of advanced munitions, he aims to pursue severe penalties for those behind the information leaks.…

The Times of India

Trump Calls Roberts's Bluff With New Executive Order On Birthright Citizenship

What will Justice Barrett do?

Reason

Warner Bros. Discovery Says Disney Bundle Is Delivering: ‘Proof Is in the Data’ as Churn Falls, Subscriber Growth Improves

Warner Bros. Discovery Inc. (NASDAQ:WBD) executives on Thursday said the streaming bundle with The Walt Disney Co. (NYSE:DIS) is generating measurable benefits, helping reduce customer cancellations.

Benzinga

I feel deep sadness about bird flu and environmental loss. Is this normal?

Australia’s beloved animals are again under threat as the H5N1 strain of bird flu spreads, with more mass deaths expected. Scientists are bracing for another wave of ecological loss and are particularly concerned about rare and threatened species.

The Conversation

Second attempt: Trump takes another stab at birthright citizenship

The TOI correspondent from Washington : Barely six weeks after the US Supreme Court dealt him a major constitutional defeat, President Donald Trump reopened one of America's fiercest immigration battles, signing two new executive orders that seek to chip away at birthright citizenship through narrower legal avenues rather than a…

The Times of India

Here's Why Skywatchers Say 12 August Could Be the Best Night of the Year, and the Hoax To Ignore

A partial eclipse by day, a six-planet dawn, and a moonless Perseid peak make 12 August a rare US skywatching day. Here's what to see, when to look, and the gravity hoax to ignore.

International Business Times UK

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The Economic Times

Global Market: South Korean stocks fluctuate as AI spending concerns weigh on chipmakers

South Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious over AI-related spending. Despite recovering from early losses, the KOSPI stayed on track for a third consecutive weekly decline, while foreign investors remained net buyers.

The Economic Times

Solar tariffs will hurt America’s allies, not China

Proposed US tariffs on polysilicon will harm domestic and allied solar industries. China dominates low-cost solar polysilicon production due to scale advantages. US solar manufacturing has struggled despite past protectionist measures. US companies pivot to more profitable chip manufacturing due to policy instability. China's polysilicon growth threatens US dominance in…

International Business Times UK

Anthony Fauci Contempt Vote Heads to the DOJ as Senate Republicans Push for a Rare Criminal Prosecution

Senate Republicans voted to hold Anthony Fauci in contempt and sent a criminal referral to the Justice Department, but Trump has kept his distance, and analysts doubt a prosecution will stick.

The Times of India

Trump’s Gaza Board moves ahead with first project - military base for Moroccan troops

A small military outpost intended to house Moroccan troops is set to become the first construction project pursued under US President Donald Trump’s Board of Peace in Gaza, although the contract for the facility has yet to be finalized. The project comes as the board moves ahead with a more…

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Euronews

Saudi Arabia, Türkiye and Pakistan sign new defence pact amid US-Iran tensions

Crown Prince Mohammed bin Salman, President Recep Tayyip Erdoğan, and Prime Minister Shehbaz Sharif met in Mecca Friday to formalise a joint agreement. The landmark pact aims to strengthen regional security ties following escalations from the US-Iran conflict.

International Business Times UK

American Airlines Elite Upgrade Changes Quietly End the Free Jump From Coach to Business Class Seats

From 25 August, American Airlines elite flyers in coach lose free business-class upgrades on nine premium routes and will be bumped only to premium economy instead.

inkl

9 Best Executive Assistant Staffing Firms That Work With Startup Founders and Venture-Backed Companies

Startup life moves at the speed of 200 emails an hour. One minute you’re pitching investors, the next you’re defusing a customer demo that collides with board prep

The Economic Times

Trump-backed US Rep Andy Ogles loses Tennessee GOP primary

Tennessee Republicans held primary elections on Thursday, selecting candidates for Congress. Charlie Hatcher defeated Andy Ogles in a key Republican primary race. Brent Taylor will face Justin Pearson in another reshaped Memphis district. These primaries tested a new congressional map drawn by state lawmakers. Voters also chose nominees for governor…

Bangkok Post

After Trump calls Canadians ‘nasty,’ Mark Carney says the word fits trade talks

OTTAWA — Two weeks before proposed 50% tariffs take effect, Canadian Prime Minister Mark Carney turned US President Donald Trump’s rhetoric back on him, calling trade talks with the United States “nasty.”

The Economic Times

Lyft posts record bookings, but higher promotions fuel profit miss

The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.

Bangkok Post

UK observatory nervously watches growing space junk threat

CHILBOLTON — In the sweeping shadow of a satellite dish, staff at the Chilbolton Observatory in southern England track a growing number of objects in Earth's orbit, providing data that underpins Britain's space monitoring efforts.

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