‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric with peace talks in limbo

American negotiators may be outmatched at the negotiating table by Iran’s experienced diplomatic delegation, says analyst, ahead of potential high-stakes meeting.
Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut

Shares of Victory Giant Technology surged in what is Hong Kong’s largest initial public offering debut so far this year.
Oil falls as investors assess mixed messaging on Iran peace talks ahead of ceasefire deadline

West Texas Intermediate and Brent had settled 7% and 5% higher on Monday.
Asia markets open higher as hopes for Iran peace talks offset Trump threat of escalation

Asia markets opened higher Tuesday as investors brushed aside fresh threats from Trump on Iran ahead of a fragile ceasefire deadline.
Alaska Air pulls 2026 profit forecast amid fuel costs related uncertainty

Alaska Air Group pulled its full-year profit forecast, as sky-high jet fuel costs driven by the Iran war cloud the outlook into the future.
Amazon ‘strong-armed’ Levi’s, Hanes to hike prices on rival sites, California DA says

Amazon allegedly coerced major vendors into convincing rival retailers like Walmart, Target and Home Depot to raise prices
Labor Secretary Lori Chavez-DeRemer leaves Trump cabinet, Keith Sonderling takes over

Department of Labor Secretary Lori Chavez-DeRemer is resigning from the Trump administration, the White House said.
Marvell pops on report it will help Google with custom AI chips. Broadcom shares sink

Marvell saw a $2 billion investment from Nvidia in March, as AI demand continues to surge.
HSBC is ‘max bullish’ stocks, saying Iran conflict is not a game changer

HSBC argued that the market rally to new heights over the past few days is very much in line with historical precedent.
Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal

Amazon is boosting its investment in Anthropic, which is committing to spending over $100 billion on Amazon cloud services over the next decade.