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Trump Administration Plans 15% Tariff on Polysilicon to Counter China

The Trump administration will announce as soon as Thursday a 15% tariff and a series of price floors on products made from polysilicon, the key raw material used in solar panels and semiconductors, according to four sources familiar with the matter. The proclamation by …

Nitish Kishor | 05 August 2026

SpaceX Retail Investors Buy the Dip After Sharp Post-Earnings Share Decline

Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company's first earnings report as a public company. Mom-and-pop traders bought a net 22.7 million dollars in SpaceX shares in the first hour of trading …

Nitish Kishor | 05 August 2026

US Upstream Oil and Gas Dealmaking Falls Fourfold in Second Quarter on Price Volatility

Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to 9 billion dollars in the second quarter of the year as volatile oil prices tempered investor confidence, according to analytics firm Enverus. Andrew Dittmar, principal analyst at Enverus Intelligence Research, said crude …

Nitish Kishor | 05 August 2026

Meta Apologizes to India Over Brief Restriction of PM Modi's Facebook Post

Meta Platforms' (NASDAQ:META) Chief Global Affairs Officer Joel Kaplan apologized to India's Information Technology Minister Ashwini Vaishnaw for briefly restricting a Facebook post by Prime Minister Narendra Modi in July. "I apologized to the minister on behalf of Meta for the error restricting PM …

Nitish Kishor | 05 August 2026

SM Energy (NYSE:SM) to Redeem $417 Million in 2027 Notes, Clearing Debt Maturities Until 2028

SM Energy Company (NYSE:SM) announced that it has instructed the trustee under its 6.625 percent senior notes due 2027 to issue a notice of full redemption at par of the $417 million aggregate principal amount outstanding, plus accrued and unpaid interest, to the holders …

Nitish Kishor | 05 August 2026

Salesforce Names Miguel Milano Chief Operating Officer as Benioff Widens Leadership Team

Salesforce (NYSE:CRM) has appointed Miguel Milano as chief operating officer, promoting him from his role as chief revenue officer under CEO Marc Benioff. Milano, a former Oracle executive, rejoined Salesforce in 2023 after previously working for the company in Europe from 2011 to 2020 …

Nitish Kishor | 05 August 2026

SpaceX (NASDAQ:SPCX) Sinks 13.61% at Close Despite Blowout Revenue Beat

SpaceX (NASDAQ:SPCX), founded in 2002 by Elon Musk and based in Starbase, Texas, is a leading aerospace and defense technology company that designs, manufactures, and launches reusable rockets and spacecraft, including the Falcon 9, Falcon Heavy, Dragon, and Starship. The company's Connectivity segment provides …

Nitish Kishor | 05 August 2026

Google Overhauls AI Leadership as Hassabis Steps Back and Jeff Dean Departs to Launch Startup

Alphabet (NASDAQ:GOOGL) announced a leadership overhaul of its AI division on Wednesday, with Demis Hassabis transitioning from CEO of Google DeepMind to the newly created role of Alphabet's chief scientist, while also becoming DeepMind's chairman. Hassabis, a Nobel Prize recipient who co-founded DeepMind in …

Nitish Kishor | 05 August 2026

Honeywell Aerospace Cuts 2026 Sales Growth Forecast on Supply-Chain Constraints

Honeywell Aerospace (NASDAQ:HONA) lowered its 2026 sales growth forecast and issued a weaker-than-expected earnings outlook on Wednesday, as persistent supply-chain hurdles limited its ability to meet surging aftermarket demand. The company said supply constraints are forcing it to prioritize original equipment deliveries to Boeing …

Nitish Kishor | 05 August 2026

Iran and Oman Agree on Proposed Shipping Route Through Strait of Hormuz

Iran said it has reached an agreement with Oman on the geographical coordinates of a shipping route through the Strait of Hormuz, marking the clearest signal yet that a diplomatic push to reopen the critical waterway is nearing completion. Iranian foreign ministry spokesperson Esmaeil …

Nitish Kishor | 05 August 2026
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