News.az

Stocks fell and oil rose on concern the war in the Middle East is intensifying ahead of President Donald Trump’s deadline for Iran to agree to a ceasefire deal.

Uber is turning to Amazon’s custom chips to accelerate computing and train artificial intelligence models, the cloud giant said on Tuesday, as the ride-hailing company seeks advanced hardware to manage growing digital workloads.

Apple’s (AAPL) iPhone sales remained strong last month, fueled by the popularity of the iPhone 17 lineup, Bernstein analysts said in an investor note on Monday.

Global financial markets were subdued on Tuesday as investors reacted to rising geopolitical tensions, with oil prices climbing above $110 per barrel ahead of a looming deadline set by U.S. President Donald Trump for a potential deal with Iran.

Stock futures are slipping while oil prices climb as markets brace for President Trump’s high-stakes Tuesday night deadline for Iran to reopen the Strait of Hormuz. Despite the geopolitical tension, a boost in health insurance stocks and news of a potential $2 trillion SpaceX IPO are helping to offset broader losses.

Chery has released pricing and full details for its all-new electric QQ3 in China, ahead of an as-yet unannounced South African launch this year.

Electric vehicle adoption in Australia is accelerating as concerns grow over fuel shortages and rising petrol prices.

Rumors about Apple’s upcoming iPhone 18 Pro and iPhone Fold have been widespread, but there has been surprisingly little information about the company’s other new models.

Gulf Air has expanded its temporary operations from Dammam, adding more South Asian routes to support passengers affected by ongoing airspace restrictions in Bahrain and parts of the region.

Australian data center builder Firmus Technologies Pty has raised $505 million in an investment round led by Coatue Management LLC, as part of a global push to finance artificial intelligence infrastructure.