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5 July 2026
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Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO
Corporate Power

Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO

Elon Musk became the world's first trillionaire as SpaceX’s stock soared on its Nasdaq debut, highlighting his diverse holdings and raising questions about the company's ambitious revenue forecasts.

India’s Inflation Expected to Average 5.6% in FY27; RBI Likely to Raise Rates Modestly
Markets & Macro

India’s Inflation Expected to Average 5.6% in FY27; RBI Likely to Raise Rates Modestly

India's headline inflation is projected to average 5.6 percent in fiscal year 2027, with the Reserve Bank of India poised for limited interest rate increases amid persistent food and fuel price pressures.

Knowles Launches Safety-Certified MLCCs in Compact 3825 Case for EV Power Filtering
Energy & Climate

Knowles Launches Safety-Certified MLCCs in Compact 3825 Case for EV Power Filtering

Knowles expands its X1/Y2 safety-certified MLCC lineup with a new 3825 case offering high capacitance, voltage ratings, and reliable performance for EV power electronics.

Kraken Introduces Regulated Perpetual Crypto Futures for US Traders via Bitnomial
Crypto & Fintech

Kraken Introduces Regulated Perpetual Crypto Futures for US Traders via Bitnomial

Kraken rolled out CFTC-regulated perpetual futures for US users, expanding its derivatives lineup with major cryptocurrencies accessible through a single futures wallet.

U.S.-Iran Deal Faces Obstacles Amid Ongoing Israel-Hezbollah Conflict
Defense & Security

U.S.-Iran Deal Faces Obstacles Amid Ongoing Israel-Hezbollah Conflict

As the United States pursues a nuclear agreement with Iran, Israel continues its proxy conflict with Hezbollah in Lebanon, complicating regional dynamics.

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio
Corporate Power

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio

New reports indicate Xbox will undergo significant layoffs, with the studio behind South of Midnight, Compulsion Games, reportedly set to close amid ongoing internal negotiations.

Samsung Considers BOE OLED Panels for Galaxy S27 Base Model Amid Cost Pressures
Corporate Power

Samsung Considers BOE OLED Panels for Galaxy S27 Base Model Amid Cost Pressures

Facing rising memory chip prices, Samsung may use Chinese BOE OLED displays for the base Galaxy S27, risking quality issues such as green display lines.

The US Surpasses 250,000 Public EV Charging Ports as Infrastructure Expands Rapidly
Energy & Climate

The US Surpasses 250,000 Public EV Charging Ports as Infrastructure Expands Rapidly

The US now hosts over 250,000 public electric vehicle charging ports across more than 80,000 locations, marking significant progress toward the 2030 goal of 500,000 chargers.

Trump Confident on Iran Deal Amid Tensions at G7 Summit in France
Defense & Security

Trump Confident on Iran Deal Amid Tensions at G7 Summit in France

At the G7 summit in France, President Trump expressed confidence in the newly announced Iran agreement while facing criticism from global leaders over his approach and military decisions.

Nvidia Seeks $20 Billion Bond Offering to Fuel AI Chip Development
Corporate Power

Nvidia Seeks $20 Billion Bond Offering to Fuel AI Chip Development

Nvidia plans to raise $20 billion through U.S. bonds to support AI chip production and refinance existing debt amid rising AI industry investments.