BUSINESS

Huawei dominated the foldable smartphone market in Q2 2026 with a 48% share, surpassing Samsung. Despite Samsung's growth, Huawei's stronghold in China and new models drove its success.

Apple is expected to unveil the iPhone 18 Pro on September 9, following its consistent September keynote pattern. The analysis predicts a staggered release, including a potential foldable iPhone.

The ASX 200 index rose slightly as mining and tech stocks recovered from early losses, despite global tech selloff pressures and rising oil prices due to U.S.-Iran tensions.

Nvidia's stock struggles amid rising competition from Chinese AI developers and internal chip development by major customers, despite strong AI demand and strategic global partnerships.

Cipher Digital's stock rose 14.41% as it nears a key AWS milestone, reflecting its shift towards AI infrastructure and long-term revenue stability, despite ongoing market volatility and regulatory challenges.

IREN Limited's stock surged 17% after the company raised its year-end revenue target to over $4 billion, driven by new multiyear AI cloud contracts, reversing a recent losing streak.

SpaceX shares have dropped nearly 23% since their IPO, with investor concerns over growth, capital needs, and operational setbacks contributing to the decline. Analysts remain optimistic about long-term prospects.

SK Hynix's Nasdaq debut marked a record-breaking U.S. share sale, reflecting its dominance in the AI memory chip market. Despite initial volatility, its ADRs remain a key indicator of sector health.

The Nasdaq Composite rose 0.59% as semiconductor stocks rebounded. Investors focus on upcoming Big Tech earnings and AI infrastructure spending amid ongoing U.S.-Iran tensions affecting oil prices.

PNC Bank experienced a significant service outage, affecting online and mobile banking. Customers expressed frustration on social media, highlighting the growing reliance on digital banking platforms.

GameStop's stock dipped as CEO Ryan Cohen pursues a contested bid to acquire eBay, despite rejection. Shareholders approved measures to facilitate the acquisition, marking a strategic shift for GameStop.

Micron Technology's stock rebounds 3.42% amid AI-driven memory demand, record earnings, and strategic partnerships, despite recent volatility in the semiconductor sector.

The Dow Jones remained stable as investors balanced easing oil prices with tech sector volatility amid geopolitical tensions and a crucial earnings week.

The FDA corrected a false positive test for Cyclospora in Taylor Farms de Mexico's lettuce, but the recall remains as the investigation into the outbreak affecting over 1,600 people continues.

Fiat has ceased importing new passenger vehicles to Australia, reflecting a shift towards more affordable Chinese alternatives and highlighting broader challenges for European car brands in the market.

Apple is testing 'Live Notes', an AI tool at Genius Bar, to transcribe conversations, raising employee concerns about data use and performance evaluations despite current safeguards.

Shanghai's stock market stabilised after a sharp selloff in tech shares, driven by global AI valuation concerns and upcoming major IPOs. Investors remain cautious amid geopolitical tensions and market volatility.

Indian markets opened lower as US-Iran tensions drove oil prices above $90 a barrel. Weak earnings from private banks added pressure, with Sensex and Nifty indices both declining significantly.

Japan's Nikkei 225 index fell over 11% from its June peak due to a global selloff in AI and semiconductor stocks, influenced by Wall Street declines and geopolitical tensions.

South Korea's KOSPI index fell nearly 5% as AI and semiconductor stocks declined, driven by global competition and escalating US-Iran tensions affecting oil prices.

Explore the top 10 pizza chains dominating the global market in 2026, highlighting their growth, sales figures, and strategies amidst fierce competition from independent pizzerias worldwide.

Spain's World Cup victory over Argentina secured a record $51 million prize, part of FIFA's $871 million distribution. The expanded tournament featured 48 teams and marked a new financial benchmark.

Australia's ASX 200 index saw modest gains as oil prices surged due to US-Iran tensions, while semiconductor stocks faced a global selloff, impacting market sentiment.

Leaks suggest Apple's iPhone 18 Pro will feature a new Dark Cherry colour, improved battery capacity, advanced A20 Pro chip, and enhanced camera capabilities, though official details remain unconfirmed.

Explore the top 10 cryptocurrencies of 2026, highlighting market leaders like Bitcoin and Ethereum, and emerging contenders such as Sui, amidst a volatile and rapidly evolving crypto landscape.

XRP's price forecasts for 2030 vary widely, with predictions ranging from $5 to $28. Analysts highlight regulatory outcomes and market adoption as key factors influencing the cryptocurrency's future value.

The 2026 FIFA World Cup is projected to generate $13 billion in revenue, marking it as the most financially successful tournament. However, host cities face challenges in realising substantial economic benefits.

Apple Music has increased its subscription prices globally, citing rising music licensing costs. The Individual plan now costs $11.99 per month in the US, with similar increases worldwide.

Tesla showcased a gold-coloured autonomous vehicle fleet, advancing its robotaxi ambitions. The company aims to revolutionise urban transport with AI, despite regulatory and safety challenges.