Antwerp diamonds shine brighter as US lifts import tariffs

Reading Time : 2 minutesAntwerp has regained its competitive sparkle after the US lifted 15 percent tariffs on polished diamonds from the EU. The exemption boosts Antwerp’s $2.1 billion annual exports, making its gems more attractive in the American market and securing the city’s role as a vital hub in the global diamond trade.

TikTok’s $14B US Deal: Oracle Leads New Ownership

Reading Time : 2 minutes TikTok’s U.S. operations will be led by American investors including Oracle, Silver Lake, and MGX, separating from ByteDance with a $14 billion valuation. Oracle will secure user data and retrain TikTok’s algorithm to ensure autonomy from China. Though experts question the oversight, the deal reflects intense US-China tech tensions and political challenges ahead.

Apple Shaken by 100% Tariffs in India and China

Reading Time : 2 minutesApple faces a major shake-up as India and China impose 100% tariffs on iPhones. With rising competition from local brands and shrinking market share, the tech giant is under pressure to rethink its strategies to maintain relevance and investor confidence in two of its most important markets.

Fed Easing Hopes Drive Dollar Down, Gold Surges

Reading Time : 2 minutesThe US dollar faces its sharpest monthly decline in over a year amid rising expectations for Federal Reserve rate cuts in September. This dollar weakness has propelled gold to a July high, supported by dovish Fed signals and soft labor data. Political tensions over Fed independence add to market volatility as investors await key inflation data.

Trump’s Bold Shift: Turning Chip Grants into Equity Stakes

Reading Time : 3 minutesThe Trump administration is rewriting the rules for chip subsidies by converting CHIPS Act grants into equity stakes, starting with Intel. This approach links taxpayer funding directly to ownership while aiming to secure America’s semiconductor supply chain. Supporters call it bold industrial policy, while critics warn it risks politicizing the industry without solving Intel’s core challenges.

Tariffs Cloud America’s $3 Trillion AI Spending Boom

Reading Time : 2 minutesThe U.S. is pouring trillions into AI, but rising tariffs on semiconductors could raise server costs by seventy-five percent. While Big Tech can absorb the hit, startups may struggle. AI still fuels growth, adding 0.5% to GDP this year, yet the long-term question remains whether tariffs will derail innovation or spark domestic reinvention.

Trump’s Praise Sends American Eagle Stock Soaring

Reading Time : 2 minutes American Eagle’s stock surged 24% after Donald Trump praised a new ad featuring Sydney Sweeney. The campaign’s viral success and controversy sparked retail investor buzz, momentarily reversing the brand’s recent market decline.

Superman Dominates Summer Box Office Ahead of Marvel’s Entry

Reading Time : 2 minutes Superman’s latest film leads the summer box office, crossing $406 million globally. With steady momentum, it surpasses earlier franchise records. However, Marvel’s Fantastic Four, set to release soon, could change the competition. The summer box office remains strong, up 16% from last year, reflecting renewed cinema enthusiasm after years of sluggish growth.

China Beats Growth Forecasts Despite Tariff Pressures

Reading Time : 2 minutesChina grew 5.2% in Q2 2025, beating forecasts despite tariffs and a weak property sector. Strong exports and manufacturing drove growth, but domestic consumption and real estate remain soft. The government stays on track for 5% annual growth but risks loom with tariffs and weak demand.

Pentagon Taps OpenAI, Google, xAI in $200M AI Defense Push

Reading Time : 2 minutes The Pentagon just awarded $200 million contracts to OpenAI, Google, Anthropic, and Elon Musk’s xAI. The goal is to integrate advanced AI into defense and government operations. This move underscores the US military’s determination to stay ahead in the AI race, particularly against China. The initiative also introduces Musk’s “Grok for Government” AI tools.

Apple Eyes F1 US Rights Amidst Soaring Popularity

Reading Time : 2 minutesApple is reportedly eyeing the US broadcasting rights for Formula 1, seeking to capitalize on the sport’s soaring popularity and its own successful F1 movie. With ESPN’s contract expiring, this move could significantly boost Apple TV+’s live sports offerings, attracting a massive new subscriber base as the bidding war for the lucrative rights intensifies.

xAI Secures $10B: Reshaping AI’s Future

Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.

US-China Trade War Sparks Shipping Industry Chaos

Reading Time : 3 minutesThe US-China trade war is disrupting global shipping, with soaring container rates and port congestion as Chinese exporters rush to beat new U.S. tariffs. Equipment shortages and China’s retaliatory export controls threaten supply chains, while higher costs loom for consumers. The industry faces a turbulent future as geopolitical tensions reshape trade.