Paige McNamee
Overnight editor
Plus: Fed officials signal rate cuts unlikely before September; US stocks wobble after Moody’s downgrade; Nvidia may join PsiQuantum’s $1.17b raise, says The Information.
Plus: EU proposes defence pact with Australia in Rome; VC industry warns super tax contradicts startup incentives, call for carveout; RBA tipped to cut rates as growth slows.
Plus: Trump tells Apple to stop building iPhones in India for US; Australia won’t join US push against China, says Farrell; Oil prices plunge as Trump signals Iran talks progress.
Plus: China suspends trade bans on US firms; OPEC cuts oil supply outlook as prices fall; Wall Street rally stalls after 18% gain.
Plus: Coinbase, set for S&P 500 inclusion in crypto milestone, surges; April US price inflation lower than expected; Trump announces end to Syria sanctions.
Plus: Trump orders US drug prices to match international levels; Hamas frees last American hostage after US talks; SEC to set crypto token rules for trading platforms.
Plus: Meta signals it may pay levy instead of media deals; India-Pakistan truce holds despite mutual accusations; Microsoft may give up OpenAI equity to keep AI access, says FT.
Plus: Apple weighs AI search as Safari stalls, Google at risk; Pakistan’s Sharif says India ‘will suffer consequences’ for strikes; Beijing signals trade warning with new India levy.
