Russia to allow its central bank to down drones as Moscow struggles to defend against attacks

Russia’s State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems after attacks on its territory.
SK Hynix has surged 250% this year. Analysts say the AI-fueled rally may be only halfway done

Analysts say the AI memory cycle still has years to run, with limited new capacity and surging cloud investment supporting further upside for SK Hynix.
SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks

Shares of SK Hynix soared over 11% on Wednesday, pushing the South Korean memory-chip maker above the $1 trillion market capitalization mark.
China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

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European companies double down on China manufacturing despite EU de-risking push

Low manufacturing costs in China are keeping many European businesses’ supply chains in the country despite pressure in the EU to reduce overseas reliance.
Stock futures are little changed after the S&P 500 closes at another record: Live updates

The S&P 500 and Nasdaq Composite rose to fresh intraday and closing records on Tuesday.
Trump officials split over Pope Leo’s AI warning as Vatican feud enters new front

Pope Leo XIV’s AI warning shows split among Trump officials as the White House resists new guardrails, upping stakes with Catholic voters and Silicon Valley allies.
SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq

With SpaceX headed for the public markets next month, industry experts and people close to Elon Musk are speculating about a potential tie-up with Tesla.
JPMorgan says it’s time to buy these unloved safe stocks that pay dividends

The bank sees an attractive entry point for low-volatility stocks. These are the companies JPMorgan rates overweight.
A battle is brewing in the gold pits. Here are the winners and losers

Options volumes leaned bullish in both the SPDR Gold ETF (GLD) and VanEck Gold Miners ETF (GDX) on Tuesday.