UAE Quits OPEC: Who Could Be Next?
UAE leaves OPEC after 60 years. Analysts eye Kazakhstan, Nigeria, Venezuela as possible next exits.
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Oil Prices Hit One-Month High as Trump Signals Extended Blockade of Iran
Oil prices hit 1-month high as Trump extends Iran blockade. Supply fears grow.
Elon Musk Testifies in OpenAI Trial, Says ‘Looting a Charity’ Is Not Acceptable
Musk tells court OpenAI strayed from nonprofit roots, calling it “looting a charity” in high-stakes AI trial.
US Car Prices Soar: One Vehicle Now Equals the Cost of Five Chinese EVs
US car prices now equal five Chinese EVs, highlighting a growing global gap in affordability and auto industry dynamics.
Spotify Profit Outlook Downgraded as Expansion Costs Rise and Key Markets Stall
Shares of Spotify fell sharply after the company warned that its aggressive spending plans will weigh on profits, even as growth slows in its core markets of Europe and North America—raising fresh concerns about the sustainability of its business model.
Markets Spooked: OpenAI Growth Concerns Trigger Sharp Selloff in AI Stocks
Shares of major artificial intelligence-linked companies, led by Oracle and CoreWeave, fell sharply on April 28 after reports revealed slowing growth at OpenAI, raising fresh doubts about the sustainability of the AI boom. The selloff highlights how tightly investor confidence in the broader AI ecosystem is tied to OpenAI’s performance.
UAE Quits OPEC in Shock Move That Could Upend Global Oil Markets
The United Arab Emirates (UAE) has announced it will leave the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026, in a move that delivers a significant blow to the world’s most influential oil producers’ group and signals a shift in global energy power dynamics.
Adidas Scores Massive Win Over Nike in High-Tech Running Shoe Race
Adidas has gained a decisive edge in the high-stakes “supershoe” race against Nike after Kenyan runner Sabastian Sawe delivered a historic sub-two-hour marathon, a milestone that is already translating into commercial momentum for the German sportswear giant.
Chinese EV Growth Is Forcing Kia to Rethink Pricing Strategy
Kia is preparing to cut vehicle prices in Europe as intensifying competition from Chinese electric vehicle (EV) makers begins to reshape the region’s auto market, according to comments from its CEO. The move signals the early stages of a potential price war in one of the world’s most critical automotive battlegrounds.
Amazon Just Snagged Oprah’s Podcast — And It’s Bigger Than It Sounds
Amazon has secured exclusive distribution and advertising rights to The Oprah Podcast, marking a major escalation in the battle for dominance in the fast-growing podcast and creator economy.