Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

SpaceX’s first results put Musk’s AI spending under Wall Street microscope

SpaceX results offer investors a first test of whether its lofty valuation matches Musk’s AI-space vision A sign displays outside Nasdaq on the day of SpaceX’s initial public offering (IPO) in New York City, US, June 12, 2026. REUTERS SpaceX’s  first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink’s profits … Read more

1.4 million Palestinians face acute food insecurity in Gaza as medicine shortages deepen

Minister of Social Development Samah Hamad said 74,200 children need urgent treatment for acute malnutrition. PHOTO: ANADOLU Around 1.4 million Palestinians in Gaza face acute levels of food insecurity, while medicine shortages in the war-ravaged enclave have reached 47%, Palestinian officials warned on Monday. Minister of Social Development Samah Hamad said 74,200 children need urgent … Read more

India proposes extending tax breaks for contract manufacturing in a boost for Apple

India’s new rule targets bonded-zone factories, keeping them attractive mainly for export production India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract ‌manufacturers, handing a major win to Apple which had lobbied for such changes, and is fast expanding in the market. India has been a key market for … Read more

Alibaba unveils its largest AI model yet, DeepSeek’s latest model is ultra-low cost

The developments show Chinese AI firms racing to build more powerful systems without sharply raising costs Qwen and Alibaba logos are seen in this illustration taken, January 29, 2025. REUTERS China’s Alibaba on Monday unveiled its largest ​and most capable AI model to date, sending its shares surging, while a research firm said DeepSeek’s latest … Read more