Financial News & Analysis
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Woah-oh, we’re halfway there
Strong first half performance for markets, with a slight late pullback.
Google loses appeal against record €4.1bn EU fine over Android
EU court upholds €4.1bn fine on Google for Android antitrust violations, reinforcing Big Tech regulation.
Russian drone campaign mapped Nato air defence gaps, study finds
Russian drone campaign reveals NATO air defense gaps, raising geopolitical tensions and defense spending concerns.
Trump blocks long-term renewal of North America trade pact
Trump blocks long-term renewal of USMCA, opting for annual reviews, creating trade uncertainty.
Russia unleashes huge bombardment of Kyiv
Russia launches massive missile and drone attack on Kyiv, escalating war.
How AI could make markets worse
AI could worsen market inefficiencies and increase fragility, per information economics.
Fear, loathing and ice cream pricing
Japan's weak yen drives up food costs, highlighting currency vulnerability and potential global inflation pressures.
FirstFT: OpenAI proposes US government stake
OpenAI proposes US government stake; Asia's biggest IPO; Google loses EU appeal.
Oil prices on pace for fourth straight weekly loss as Trump sees progress in U.S.-Iran talks
Oil prices fall on progress in US-Iran talks, lowering energy costs and inflation expectations.
Meta's plan to launch a cloud business eases the biggest overhang on the stock
Meta's cloud business launch alleviates AI spending concerns, boosting investor sentiment.
Amazon is designing its own AI chips for Echo, Fire TV and future devices, exec tells CNBC
Amazon designs custom AI chips for Echo, Fire TV, and future devices, reducing reliance on external suppliers.
Healthy Returns: Walmart, CVS step in to help seniors navigate Medicare coverage of obesity drugs
Medicare covers obesity drugs; Walmart and CVS help seniors navigate access, expanding market.