Memory crisis hits such extremes that ‘even Apple can’t be safe’

Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an “unsustainable” memory shortage.
Oil prices turn negative after U.S. official says Israel, Hezbollah agree to ceasefire

Oil prices turned lower after Israel and Iran-backed Hezbollah agreed to a ceasefire from 4 p.m. local time on Friday, a U.S. official told CNBC.
Musk’s SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders

SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.
Russia threatens escalation after Ukraine hits Moscow with largest-ever drone attack

Russia has pledged to carry out frequent and “massive group strikes” against Ukraine shortly after Kyiv launched a barrage of drones on Moscow.
Hormuz relief may not ease the economic toll that’s already ‘baked in,’ analysts warn

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
Andy Burnham wins Makerfield by-election, opening path to challenging Prime Minister Keir Starmer

Andy Burnham won the Makerfield by-election, defeating Reform UK by more than 9,000 votes with nearly 55% of the vote.
U.S.-Iran accord hits early snag after Swiss talks fail to proceed as planned

Analysts reckon a lasting resolution to the Middle East conflict will take some time to materialize.
Why Japan’s $70 billion-plus intervention and a rate hike didn’t prop up the yen more

Japan was willing to step in to defend the yen around the 160 level before, and it’s at that point again.
U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran

The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.
Trump claims Iran deal is ‘unconditional surrender,’ says his power has ‘no limits’: Axios

Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.