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US Golden Dome missile defense plan faces criticism over cost and arms race risks.
The US Golden Dome missile-defense system, designed to protect against ballistic, hypersonic, and cruise missiles, is under fire from Democrats and arms-control advocates. Critics warn it could cost over $1 trillion in 20 years, potentially trigger a...
Nike shares rise as energy prices fall and bond yields ease, boosting consumer stocks.
Nike's stock climbed over 4% following a drop in crude oil prices and a slight decrease in long-term Treasury yields, which eased borrowing costs and improved market sentiment. The retreat in energy prices and bond yields helped revive confidence in ...
ZIM reports Q1 sales drop 30% and adjusted EBITDA down 60% amid shipping market weakness
ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...
BC launches Outdoor Sector Coalition to boost economy, health, and conservation of its outdoors.
A coalition of over 2,000 organizations in British Columbia has formed to support the province's outdoor sector, which is a $17 billion industry employing 80,000 people. The coalition aims to enhance health benefits, support outdoor businesses, and p...
Anthropic to pay xAI $1.25B monthly for compute through 2029, leveraging excess capacity.
Anthropic has agreed to pay xAI $1.25 billion per month until May 2029 for the use of 300 megawatts of compute power from xAI's Colossus 1 data center. This deal, revealed in SpaceX's SEC filing, allows xAI to monetize its unused compute capacity, po...
OpenAI's IPO will test AI sector's valuation and impact broader tech stocks.
OpenAI's upcoming IPO is highly anticipated as it will provide key insights into investor sentiment and the valuation of the AI industry. The company's high spending and exclusive focus on AI present both risks and valuable information about the sect...
Aegis CEO outlines strategic focus on secure energy infrastructure and near-term revenue growth.
Aegis Critical Energy Defence Corp.'s CEO Ramtin Rasoulinezhad shared a Letter to Shareholders detailing the company's strategic direction centered on secure, resilient energy infrastructure. The company focuses on three core capabilities: high-perfo...
US-Iran tensions keep energy prices high, inflation expectations rising amid stalled Strait of Hormuz conflict.
The ongoing stalemate between the US and Iran over the Strait of Hormuz is causing sustained high energy prices and increasing inflation expectations. Despite President Trump's readiness to strike Iran, military escalation is unlikely due to politica...
Stock market faces five major risks despite optimistic outlook, caution advised for investors.
The stock market currently reflects high optimism about the global and U.S. economies, but there are five significant risks converging that could negatively impact returns. These headwinds create an unfavorable risk-reward balance for investors consi...
SpaceX reveals $4.9B loss in 2025 despite $18.7B revenue, plans massive IPO soon
SpaceX disclosed a $4.9 billion loss in 2025, a sharp reversal from a $791 million profit in 2024, driven by nearly doubled capital spending to $20.7 billion, including heavy investment in AI. Despite the loss, revenue rose 33% to $18.7 billion. The ...