Bitcoin reaches new August highs as US-Iran tensions ease, potentially reopening the Strait of Hormuz, causing oil prices to drop and the S&P 500 to hit a new record high of $70 trillion market cap.
U.S.-traded shares of Novo Nordisk fell 6% Tuesday after the Danish drugmaker issued updated 2026 guidance and reported second-quarter financial metrics, citing intensifying competition and lower U.S. prices.
Italy's ministry of health issues red alerts for 27 major cities as severe heatwaves sweep the country, prompting experts and officials to share survival tips for tourists.
India's gold market is transforming as digitally savvy Gen Z consumers view gold as a flexible financial asset. A World Gold Council report highlights the potential to mobilise 31,000 tonnes of idle household gold and modernise the ecosystem.
Italy's health ministry issues red heat alerts for 27 major cities as soaring temperatures threaten public health. Tourism and culture ministries extend opening hours at landmarks like the Colosseum, while experts offer advice on avoiding peak heat.
A father shares his emotional turmoil as his 12-year-old son undergoes a clinical trial for recurring cancer, just as prediction market Kalshi moves to allow financial bets on FDA decisions and clinical trial results.
McDonald's Q2 results were mixed, with US same-store sales rising 0.8% (below expectations) despite global sales growth of 1.3%. CEO Chris Kempczinski cited poor execution of value strategy and franchisee pricing issues. Skye Anderson takes over as US president to boost performance.
CME Group challenges SEC's approval of Nasdaq's Bitcoin index options (QBTC), arguing jurisdictional and commercial concerns, freezing the product pending review.
Hashdex's U.S. spot Bitcoin ETF (DEFI) to cease trading on Aug 17 due to low assets under management ($14.7M), with shareholders to receive cash distributions by Aug 28 after remaining Bitcoin holdings are sold.
Global markets rallied as Wall Street hit new record highs driven by strong AI earnings and oil prices fell to a three-week low on Middle East de-escalation hopes. Meanwhile, SpaceX reported its first public earnings with a surge in revenue and AI spending.
New Jersey Attorney General Jennifer Davenport sued Amazon on antitrust grounds, alleging the tech giant abuses its market power over third-party delivery contractors to suppress labor competition, depress wages, and worsen working conditions.
UK poetry sales are set for a record year, exceeding £8m in the first 30 weeks of 2026. The surge is largely driven by Christopher Nolan's film adaptation of Homer's The Odyssey and popular social media poets.
Veteran crypto investor Michael Terpin predicts Bitcoin will drop 66% from its October 2025 all-time high, reaching the $40,000 range before hitting rock bottom.
U.S. job openings fell slightly to 7.36 million in June, but the labor market showed resilience despite energy price surges and geopolitical shocks from Iran.
BP reported a profit jump to $3.91 billion in the April-June period as fossil fuel prices soared amid the US-Iran conflict. CEO Meg O'Neill announced plans to sell several assets, including the North Sea business, as part of a strategic pivot back to oil and gas.
Several US senators wrote a letter to the CFTC inquiring about plans to crack down on prediction markets offering contracts to bet on wildfires, citing risks of arson and profiting off community suffering.
Shanghai-based company MiniMax has restricted free access to its model weights in the US, EU, UK and South Korea, citing regulatory uncertainties and ongoing copyright legal proceedings.
Beloved Sydney Chinatown institution Emperor's Garden has closed its Haymarket restaurant and bakery amid legal action from the Australian Taxation Office and a planned $44.5 million redevelopment.
A cyber breach at Indian Apple supplier Tata Electronics has become propaganda for Beijing as leaders attempt to keep international companies locked into China's supply chains, despite doubts over the leaked data's true utility.
Paramount CEO David Ellison defended his $111bn merger with Warner Bros Discovery in a New York Times essay, arguing that legal challenges from states and writers' guilds are politically motivated rather than antitrust concerns.
Stock futures rose Tuesday as U.S.-Iran deal hopes boosted oil prices and strong earnings from companies like Palantir and Caterpillar lifted sentiment. DuPont shares fell despite positive results due to a soft outlook.
BlackRock has launched tokenized share classes for six European money market funds, totaling $311 billion in assets. This move offers on-chain access to these funds via tokens minted on Ethereum by J.P. Morgan's Kinexys, targeting professional investors.
Tether Gold (XAUt) reserves increased 9.5% in Q2 despite gold's 14.1% decline, reflecting demand for tokenized gold. Holdings rose 36% year-to-date, with XAUt now valued at $2.4 billion.
McDonald's reported mixed second-quarter results as U.S. same-store sales growth slowed. The company also announced Skye Anderson as the new president of its U.S. business, succeeding Joe Erlinger.
