A NetJets-operated Cessna caught fire after crashing on a Laredo, Texas highway, killing one person including a notable venture capital figure.
Category: Business
Nuclear Stocks to Benefit from AI and Rising Energy Demand — Roth Capital
Roth Capital recommends nuclear energy stocks as surging AI data centre power needs drive renewed investor interest in atomic power.
Tanker Traffic Jumps in Hormuz After US and Iran Implement Sea Lane Deal
Shipping activity in the Strait of Hormuz surged following an agreement to allow tanker passage, easing weeks of disruption to global oil flows.
World Bank Cuts Global Growth Forecast to 2.5% for 2026 on Energy Shocks
The World Bank’s June 2026 Global Economic Prospects report lowered its growth projection due to Middle East conflict-driven energy price increases.
Canada’s Blue Diamond Resorts Ends Cuba Operations Citing Air Service Decline
Canadian hotel operator Blue Diamond shut down 62 Cuban properties, citing reduced air connectivity and operational challenges.
DeepSeek V4 Pro Slashes Price by 75% in AI Cost War
DeepSeek dramatically cut prices for its flagship V4 Pro model, intensifying the global price war among AI providers and threatening Western incumbents.
SK Hynix Hits $1 Trillion Market Cap on AI Memory Demand Surge
South Korean chipmaker SK Hynix reached a $1 trillion valuation for the first time, driven by explosive demand for high-bandwidth memory chips used in AI.
Taiwan Economy Expected to Grow 9.6% in 2026 on AI Export Boom
Taiwan’s government projects near double-digit growth this year, fuelled by record semiconductor exports tied to global AI infrastructure buildout.
Q2 2026 Agentic AI Funding Hits $20 Billion as Investors Bet Big
Agentic AI startups captured $20 billion — nearly half of all AI funding in Q2 2026 — as investors back autonomous workflow systems over chatbots.
Oil Prices Head for 8% Weekly Fall as Iran Ceasefire Calms Markets
Crude oil dropped toward $77 a barrel on June 20, erasing nearly all gains since the Iran-Israel war began, as ceasefire news eased supply fears.