Global markets and major technology firms navigate economic cooling, AI investment shifts, and shifting industry landscapes.

U.S. retail sales experienced their sharpest decline in over a year during July, signaling that American households are increasingly feeling the pressure of persistent inflation.

Major tech giants Alphabet and Amazon are highlighting the circular nature of the current AI boom, as their substantial investments in infrastructure continue to fuel mutual revenue growth.

Chinese AI firm DeepSeek has launched an autonomous agentic AI framework called Harness, signaling a strategic move beyond large language models into more sophisticated AI applications.

Semiconductor Manufacturing International Corporation (SMIC) is planning to expand capacity as demand for mature-node chips, essential for supporting AI processors, outstrips expectations.

Hiroshi Okuda, the former Toyota president credited with the automaker's 1990s resurgence and global expansion, has passed away at 93.

India is opening its nuclear sector to private and foreign-backed projects, moving to modernize its power infrastructure under strict regulatory oversight.

Reliance Industries has announced a strategic partnership with Rolls-Royce to co-develop and manufacture engines for India's domestic fighter jet program.

Investors are facing a lawsuit alleging that Selena Gomez and her mother defrauded backers in the now-defunct mental health startup, Wondermind.

Berkshire Hathaway has increased its exposure to the U.S. housing market through new stock acquisitions, while also expanding its stakes in Alphabet and Delta Air Lines.