US President Donald Trump’s family-owned Trump Organization on Monday announced the launch of Trump Mobile. The self-branded mobile network comes with a $499 smartphone and is expected to start operations by September this year. Trump Mobile’s launch marks the entry of the Trump family into the telecom sector. The family of…

EchoStar Corp (NASDAQ: SATS) opened a whopping 45% up on Monday following reports that President Trump has stepped in to resolve a conflict between the satellite communication company and the FCC.According to Bloomberg, the US President has urged EchoStar to consider a deal with the regulator that could potentially end…

B3, Brazil’s biggest stock exchange, announced futures contracts for Ethereum (ETH) and Solana (SOL) on Monday, boosting its portfolio of regulated cryptoassets as demand for blockchain-based financial products grows.The new derivatives represent a significant step for B3, which has been progressively establishing a regulated crypto market ecosystem in Latin America’s…

US stocks’ recovery over the past two months following the initial plunge related to higher tariffs under the Trump administration has pushed some S&P 500 stocks into the overbought territory.Based on the 14-day Relative Strength Index (RSI) – a momentum indicator often used to evaluate whether a stock is due…

Shares of Roku Inc. soared nearly 10% on Monday following the announcement of a new advertising partnership with Amazon.com Inc., a deal designed to deepen both companies’ reach in the fast-growing connected-TV (CTV) advertising market. The stock gained as much as 11% during early trading, settling at $82.57 before paring…

Donald Trump abruptly departed the G7 Summit in Canada on Monday evening, citing the escalating conflict between Israel and Iran. French President Emmanuel Macron told reporters that the US president had received an offer—via intermediaries—aimed at securing a ceasefire and restarting broader discussions between the two adversaries.“There is indeed an…

The European Commission on Tuesday is expected to propose a ban on Russian gas and liquefied natural gas (LNG) imports into the EU by the end of 2027. This measure will employ legal mechanisms to prevent EU members Hungary and Slovakia from blocking the plan, according to a Reuters report.According to…

Broadcom Inc (NASDAQ: AVGO) remains in focus this morning following reports that an insider offloaded significant amounts of the semiconductor stock on June 1.According to a recent securities filing, Charlie Kawwas, president of semiconductor solutions at Broadcom, sold $2.5 million worth of AVGO shares last week.At the time of writing,…

A recent surge in global oil prices, driven by geopolitical tensions in the Middle East, has increased pressure on Asian currencies, with analysts warning of heightened downside risks for the Thai baht, Korean won, and Taiwan dollar. According to a note by Barclays Plc, the upward momentum in oil is…