Microsoft’s stock is suffering a historic June rout as investors balk at heavy spending
Microsoft stock fell sharply in June due to investor concerns over massive capital spending increases for AI infrastructure with uncertain returns. The sell-off signals a shift from the company's historically profitable free-cash-flow model toward a capital-intensive cycle requiring heavy upfront investment.
Japanese stocks are on fire. Here’s what’s driving the hot streak.
Japanese stock indices reached all-time highs at the fastest pace since 1989, driven by stronger corporate earnings, weak yen currency benefits, and improved investor sentiment. Foreign and domestic investors have been buying Japanese manufacturing and technology stocks at sustained levels.
Apple’s MacBooks and iPads are getting more expensive as the memory crunch deepens
Apple increased MacBook and iPad prices following memory supply constraints that drove up costs. The price increases affect multiple models as memory availability tightens in the market.
Micron has suddenly become one of the world’s most important stocks
Micron's earnings showed strong demand for memory chips used in AI systems and data centers. The company's stock movements now materially affect major indices, making it one of the world's most important stocks.
Can Qualcomm actually compete with Nvidia? Inside its bold data-center gamble.
Qualcomm is developing ARM-based custom processors for data centers, with Meta committing to purchase chips for AI infrastructure. The company is pursuing a $40 billion transformation to design chips optimized for specific workloads and reduce dependence on Nvidia's GPUs.
Why Palantir’s stock is having its worst month in years — even in the midst of an AI boom
Palantir's stock has fallen more than 30% since June began, reaching a new 52-week low. The decline occurs amid strong performance in AI stocks and favorable broader market conditions.
JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
JPMorgan Chase appointed Doug Petno and Troy Rohrbaugh as co-presidents while Marianne Lake departed the bank. The two executives are now positioned as potential successors to CEO Jamie Dimon.
African Bank’s transformation comes at a cost
African Bank appointed interim CEO Zweli Manyathi to lead a turnaround strategy involving tough decisions in a challenging market. The repositioning includes new leadership changes intended to improve customer service over the next six months.
The true cost of a decent living wage in SA
South Africa's Living Wage Network has established specific indicators for calculating fair wages that enable workers to afford basic needs with dignity. The chair, Professor Ines Meyer, is calling on employers to raise pay standards based on these indicators to improve quality of life across the country.
A decade of shaping natural hair stories with passion
Thokozile Mangwiro founded Nilotiqa, a luxury natural hair product line, after her own hair experiences inspired her to create alternatives. Over ten years, the brand has developed formulations specifically designed for natural coils and textured hair types.
Itac defends decision to maintain wheat reference price
Itac maintained its wheat reference price floor amid criticism from GrainSA, with chief commissioner Ayabonga Cawe arguing the decision balances sector support with market stability. The organization defended the price floor as sufficiently flexible to address industry concerns while preventing excessive market volatility.
Digital investing: Expanding access to wealth creation
Digital investment platforms in South Africa are incorporating game-like features such as points, leaderboards, and rewards to encourage retail participation in wealth-building. Liberty executive Ryan Switala argues these gamification mechanics lower psychological barriers and make financial growth more accessible to ordinary citizens previously excluded from traditional investment vehicles.
Namibië sê weer nee vir Starlink
Namibia rejected Starlink's satellite internet service for a second time, citing concerns about foreign control and protecting local competitors. The government maintains restrictions on foreign-operated telecommunications infrastructure in the country.
Daar is lewe in die boubedryf
South Africa's construction sector is attracting new investment and creating jobs after years of decline. Economist Dr Roelof Botha identified signs of recovery in the industry.
Vervaardigerspryse styg meer as wat verwag is
Producer prices increased beyond expectations, signaling emerging inflationary pressure in the economy. The Reserve Bank may need to adjust its interest rate policy in response to these elevated cost pressures at the production level.
Luxury spending now driven by experiences and 'inheritourism'
Luxury experience spending is projected to grow 3 to 7 percent annually, outpacing physical goods sales growth of 1 to 4 percent. A trend called inheritourism, where wealthy individuals travel to visit properties or locations tied to family heritage, is emerging as a driver of this experiential luxury market.
Oil price falls back to pre-Iran war levels
Oil prices have returned to pre-conflict levels as shipping traffic through the Strait of Hormuz gradually resumes normal operations. The easing of supply concerns through restored maritime activity is reducing pressure on global crude markets.
Ryanair says it will reluctantly not charge parents to sit next to children
Ryanair will stop charging parents £8 per trip to sit next to their young children. The airline previously applied this fee to adults accompanying children on flights.
How you can save money on your energy bill as debts rise
Households can access grants, payment plans, and hardship funds through energy suppliers and government schemes to reduce rising energy costs. Total debt and arrears have reached record levels, with assistance programs available to help consumers manage their financial burden.
TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Sports leagues are now distributing live games and highlights on TikTok, YouTube, and Roblox to reach younger audiences. Major broadcasters are shifting from traditional television strategies to meet viewers on the platforms where they spend most of their media time.
IBM hails new 'block of flats' design breakthrough for ultra tiny chips
IBM developed a new "block of flats" structural design for chips operating at below 1 nanometre scale. The architecture stacks transistors vertically to increase density, though commercial production remains several years away.