Oracle founder Larry Ellison is now the world’s second-wealthiest person, according to the Bloomberg Billionaires Index, after a surge in Oracle’s stock price lifted his net worth to $251.2 billion.

Tariffs and trade tensions are having contrasting effects on two major chip stocks.

What’s former OpenAI CTO Mira Murati been up to?

Salesforce CEO Marc Benioff says AI is bringing sweeping changes to his own company—even as hiring for engineering roles remains largely on pause. Still, he insists that AI must be used to enhance humans, not replace them.

German auto giants Mercedes-Benz and Porsche are already feeling the effects of President Trump’s tariffs.

U.S. chipmaker Broadcom has withdrawn plans to invest in a microchip plant in Spain after talks with the government broke down.

PLDT Inc. (PLDT) and its wireless arm, Smart Communications, Inc. (Smart), have partnered with MPower, Meralco’s local retail electricity supplier, to activate 144 cell sites and 9 facilities under the Energy Regulatory Commission's (ERC) Retail Aggregation Program (RAP).

Nissan Motor has secured $4.5 billion from a junk bond sale in U.S. dollars and euros, tapping strong investor demand despite concerns over its turnaround plan.

Last month, a Dubai-based entity called Aqua 1 Foundation announced a $100 million investment in World Liberty Financial.

As the Trump administration pushes to boost domestic production of rare earth elements, publicly traded Ramaco Resources has broken ground on a new mine in Wyoming’s coal country that could reshape the critical minerals landscape.

Despite his frequent criticism of government spending, Elon Musk’s artificial intelligence startup xAI has secured a major deal with the U.S. Department of Defense (DoD).

Ferrero, the Italian confectionery giant known for Nutella and Kinder, announced plans to acquire U.S. cereal maker WK Kellogg Co. for $3.1 billion in a bid to expand its footprint in North America.

After nine months of consultations, the Philippine Amusement and Gaming Corporation (PAGCOR) and the Ad Standards Council (ASC) signed a Memorandum of Understanding (MOU) on July 16 to regulate and pre-screen gambling-related advertisements across all media platforms.

Merck is acquiring Verona Pharma, a biotech firm specializing in respiratory diseases, in a deal worth approximately $10 billion.

Daniel Nadler, cofounder and CEO of OpenEvidence, has joined the billionaire ranks by developing an AI tool designed to help doctors stay on top of medical research.

Ford is recalling over 850,000 vehicles in the United States due to a defect in the low-pressure fuel pump that could lead to engine stalls while driving—raising the risk of crashes.

Apple has announced that it will invest $500 million in rare earths mine operator MP Materials as the iPhone maker seeks to localize its mineral supply chain.

AMC shares jumped 9.5% in early trading after Wedbush Securities upgraded the stock to Outperform from Neutral.

Elon Musk’s xAI has apologized for a 16-hour stream of antisemitic and extremist content posted by its Grok chatbot, blaming newly deployed instructions designed to prioritize user engagement.

MP Materials unveiled a multibillion-dollar deal with the U.S. government on to ramp up production of rare earth magnets and help reduce China’s dominance over materials used in weapons, electric vehicles, and many electronics.

Billionaire Bill Ackman and the organizers of a tennis tournament have come under heavy criticism from former Grand Slam champions and social media users after the hedge fund manager made his professional tennis debut—a match he ultimately lost.

Nvidia CEO Jensen Huang said the company has received approval from the Trump administration to export its advanced H20 computer chips—used for developing artificial intelligence—to China.

James Gunn’s Superman dominated the box office during another blockbuster summer weekend, bringing in $122 million in domestic ticket sales despite criticism from conservative commentators.

Shares of Australian rare earths miners—including Lynas and Iluka Resources—soared on Friday following a multibillion-dollar deal between U.S.-based MP Materials and the U.S. government to boost production of rare earth magnets.