SpaceX has surpassed Amazon as the world's fifth-most valuable company following its $60bn acquisition of AI coding startup Cursor. The deal aims to bolster SpaceX's AI capabilities, particularly its xAI business, by integrating Cursor's successful coding tool and user base.
SpaceX has overtaken Amazon as the world's fifth-most valuable company after its stock market debut, with a valuation reaching $2.97tn. The company also announced its agreement to acquire AI coding startup Cursor for $60bn to enhance its AI capabilities.
The European Parliament has given final approval to a tariff agreement with Donald Trump, set to expire Dec 31, 2029, unless renewed. The deal includes conditions for tariff reductions on steel and aluminum products.
SpaceX is acquiring Anysphere, the company behind the AI coding app Cursor, for $60 billion. This deal comes as SpaceX surpasses Amazon in market capitalization, becoming the world's fifth most valuable company.
SpaceX has become the world's fifth-most valuable company, surpassing Amazon after its stock market debut. The surge follows an agreement to acquire AI coding app Cursor for $60 billion, aiming to boost its AI capabilities and leverage Cursor's user base.
SpaceX has become the world's fifth-most valuable company, surpassing Amazon, following its agreement to acquire AI coding app Cursor for $60 billion. This move aims to bolster SpaceX's AI capabilities, particularly its xAI business, by integrating Cursor's technology and user base.
G7 leaders agreed to intensify pressure on Russia to end the war in Ukraine. Ukrainian President Zelenskyy attended the summit, meeting with US President Trump, who urged Moscow to 'make a deal'. New sanctions on gas, oil, and Russian entities were announced.
The European Parliament approved cutting import duties on US industrial goods, fulfilling a trade deal and averting new tariffs threatened by Donald Trump. The EU aims to meet a July 4 deadline.
SpaceX is acquiring AI coding assistant developer Anysphere, maker of Cursor, for $60 billion in an all-stock deal. Announced Tuesday, the move aims to boost SpaceX's enterprise AI market presence and follows its recent IPO.
SpaceX is set to acquire AI coding company Cursor for $60 billion in shares, following SpaceX's own massive IPO. Cursor, used by major tech firms, leverages AI to automate code writing, aligning with SpaceX's growing AI ambitions.
Geely's ZXMOTO brand enters the World Superbike Championship (WSBK) in the WorldSSP category. This move aims to enhance Geely's global image and technological prowess, challenging European and Japanese dominance in the sport.
Election protesters in Seoul have agreed to allow sports officials access to a gymnasium used as a ballot-counting center, potentially ending a 12-day standoff. The deal allows limited access for officials to retrieve items, with oversight from lawmakers and protesters.
South Korea's ruling Democratic Party and main opposition People Power Party agreed Tuesday to launch a 45-day parliamentary investigation into the National Election Commission (NEC) due to ballot shortages during recent local elections.
Bitcoin's recovery to $67,000 is fragile, with weak on-chain metrics and declining volume. Analysts suggest a US-Iran peace deal is crucial; its failure could lead to geopolitical instability and oil shocks, impacting BTC's price action.
South Korea's ruling Democratic Party and opposition People Power Party agreed to a 45-day parliamentary investigation into the National Election Commission regarding ballot shortages during recent local elections. The probe will be voted on Thursday, with the PPP chairing the special committee.
Bitcoin's recovery to $67,000 is fragile, with weak on-chain metrics and declining volume. Analysts suggest a US-Iran peace deal is crucial; its failure could trigger geopolitical instability and oil shocks, impacting Bitcoin's price action.
As the US and Iran agree to end their conflict, South Korea must prepare for continued inflation, energy insecurity, and a more challenging diplomatic environment. Lessons from supply chain disruptions and the closure of the Strait of Hormuz should guide diversification efforts, while managing domestic economic challenges like high exchange rates and interest rates remains crucial.
The Supreme Court will review whether states can use six-person juries in criminal cases, a practice challenged by Hamed Kian, a Florida man convicted with a smaller jury. The case questions the constitutional interpretation of jury size.
EU's top diplomat Kaja Kallas confirmed reports that China's military has trained Russian personnel for Ukraine. The EU is assessing implications and agreed to sanction Chinese entities. Reports suggest drone training based on a July 2025 agreement, though China denies involvement.
Italy and Japan are strengthening diplomatic ties, focusing on supply chains and technology cooperation. The leaders aim to reduce reliance on China for critical minerals and boost semiconductor manufacturing through joint ventures.
Ruben Amorim is reportedly close to agreeing a two-year deal to become the next head coach of AC Milan, replacing Massimiliano Allegri. Amorim, who previously managed Manchester United, is expected to sign his contract this week.
Stock futures surged Monday after a US-Iran deal to end the war and reopen the Strait of Hormuz. SpaceX shares rose post-IPO, while Fox Corp. announced plans to acquire Roku for $25 billion. American Express is buying TheFork, and analysts issued new ratings for Capital One, 3M, DuPont, Micron, Ferrari, and trucking stocks.
US President Donald Trump and Iran's Deputy Foreign Minister announced an initial deal to end a 100-day war, reopening the Strait of Hormuz and releasing frozen assets. A memorandum of understanding will be signed in Switzerland.
Asian stocks surged and oil prices plunged as markets reacted to news of a potential US-Iran peace deal. Investors are unwinding geopolitical risk premiums, with oil futures dropping significantly and equities like South Korea's Kospi and Japan's Nikkei 225 showing strong gains.
