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Business News 28 August 2025 - 14 September 2025

Missiles, iPhones & Mega-Deals: Tech News Highlights from September 13–14, 2025

Missiles, iPhones & Mega-Deals: Tech News Highlights from September 13–14, 2025

Key Facts at a Glance Consumer Electronics: Apple’s iPhone 17 Launch and More Apple commanded the tech spotlight with its fall product event, unveiling the iPhone 17 series and a slate of new gadgets. The standout was the iPhone 17 Air, Apple’s thinnest smartphone ever at just 5.6 mm reuters.com. Priced from $999 and slotting between the base and Pro iPhones, the 17 Air introduces a new tier aimed at enthusiasts. Despite its svelte design, it packs the same A19 Pro chip as the flagship Pro models, with Apple touting “MacBook Pro levels of compute in an iPhone” reuters.com. The standard iPhone 17 also
14 September 2025
Spain’s Stellar Ascent: Inside the Boom of Its Space and Satellite Industry

Spain’s Stellar Ascent: Inside the Boom of Its Space and Satellite Industry

Historical Evolution: From Early Tracking to First Satellites Spain’s space journey began in the dawn of the Space Age. In the 1960s, Spain partnered with NASA to host critical tracking stations – Maspalomas in the Canary Islands and Robledo de Chavela near Madrid – which relayed signals for NASA’s Mercury, Gemini, and Apollo missions ibanet.org. (Maspalomas would later support Apollo 11 and Skylab, reflecting Spain’s early contribution to human spaceflight esa.int esa.int.) In 1966, Spain built the El Arenosillo launch site in Huelva for suborbital sounding rockets surinenglish.com, marking its first steps toward launch capability. By 1974, Spain achieved a
GPT‑5 Has Arrived: OpenAI’s Next‑Gen AI Stuns With Upgrades in Coding, Reasoning, and Safety

Inside OpenAI: Secrets Behind GPT-4, GPT-5 and the $300 Billion AI Revolution

Transformer Titans: GPT-4, GPT-5 and OpenAI’s Model Innovations OpenAI’s AI engines are built on the transformer architecture, a breakthrough design first introduced by Google researchers in 2017 (the famous “Attention Is All You Need” paper). At its core, a transformer model processes text by considering the relationships between all words in a sentence (self-attention), allowing it to understand context far more effectively than prior neural networks. OpenAI’s Generative Pre-trained Transformer models (GPTs) leverage this architecture at tremendous scale: they are trained on billions of sentences from the internet, books, and other sources, so they learn the statistical patterns of language. As the name suggests, a GPT model
Oracle’s ‘Truly Awesome’ AI Cloud Quarter Sends Stock Soaring 36%, Making Ellison World’s Richest

Oracle’s ‘Truly Awesome’ AI Cloud Quarter Sends Stock Soaring 36%, Making Ellison World’s Richest

Oracle’s AI-Fueled Quarter Stuns Wall Street Oracle’s latest earnings quarter shocked Wall Street and sent its stock soaring on an AI-fueled wave of optimism. Shares of Oracle jumped as much as 35–40% intraday and closed up about 36% on Wednesday, marking the company’s largest one-day gain in over three decades startupnews.fyi. This remarkable rally added roughly $250 billion to Oracle’s market capitalization and briefly vaulted Larry Ellison – who owns about 40% of Oracle – to the top of global wealth rankings startupnews.fyi. Ellison’s net worth climbed by nearly $100 billion in a day to around $393 billion, putting him neck-and-neck with (or even briefly ahead of) Tesla’s Elon
Canada’s Space Boom: Inside the Great White North’s $5B Space & Satellite Surge (2025 Report)

Canada’s Space Boom: Inside the Great White North’s $5B Space & Satellite Surge (2025 Report)

Key Facts and Figures (Quick Reference) Historical Overview: From Pioneering Satellites to a National Space Agency Early Pioneers (1960s–1970s): Canada’s space journey began boldly in the Cold War era. In 1962, Canada stunned the world by launching Alouette-I, becoming the third country to design and build its own satellite asc-csa.gc.ca. Alouette’s success in ionospheric research established Canada’s reputation for scientific satellites. By the late 1960s, Canada was also a telecommunications trailblazer – 1969 saw the creation of Telesat Canada as a domestic satellite operator asc-csa.gc.ca, and in 1972 Anik A1 was launched, making Canada one of the first nations with
Britain’s New Space Race: Inside the UK’s Booming Space & Satellite Industry

Britain’s New Space Race: Inside the UK’s Booming Space & Satellite Industry

Key Facts Summary Historical Development of the UK Space & Satellite Sector The UK has a long if understated space heritage, with several pivotal milestones over the past decades: In summary, the UK space sector’s history is one of early scientific achievements, a long period of reliance on partners, and a recent renaissance focusing on commercialization. From building satellites that connect the world to laying the groundwork for launching them, Britain’s space journey has set the stage for a new chapter of growth. Current Industry Landscape: Size, Scope and Key Players Today the United Kingdom boasts one of the world’s
AI Stock Frenzy: $10B Chip Deal Ignites Rally, Amazon’s ‘Quick Suite’ Leak & Salesforce’s AI Setback

AI Stock Frenzy: $10B Chip Deal Ignites Rally, Amazon’s ‘Quick Suite’ Leak & Salesforce’s AI Setback

Market Overview: AI Momentum Rebounds After a late-summer lull, AI-related stocks roared back at week’s end. Weaker U.S. jobs data fueled expectations of a Federal Reserve rate cut, sparking a rally in high-growth tech names home.saxo. The S&P 500 and Nasdaq each rose roughly 0.8–0.9% on Thursday, with the Nasdaq touching record territory behind renewed enthusiasm for AI-driven companies home.saxo. Investor sentiment toward AI had wavered in August, but fresh catalysts – from blockbuster chip deals to optimistic product news – helped restore confidence in the “AI trade.” European markets echoed the optimism, as the STOXX 600 climbed 0.6% and
6 September 2025
SpaceX Soars, Google Pays Billions, and More: Tech Bombshells of Sept 5–6, 2025

SpaceX Soars, Google Pays Billions, and More: Tech Bombshells of Sept 5–6, 2025

Key Facts Consumer Electronics and Gadget Highlights (IFA 2025) Major consumer tech brands kicked off September with a flurry of product news at IFA 2025 in Berlin – Europe’s biggest electronics expo which opened on Sept 5. Samsung grabbed headlines by unveiling its Galaxy S25 FE smartphone alongside a new Galaxy Tab S11. The Fan Edition phone and tablet are thinner and lighter than prior models, making only modest spec upgrades but coming at more affordable prices to broaden Samsung’s flagship lineup theverge.com theverge.com. Samsung’s push for value-oriented premium devices follows the strategy it used with earlier FE models to win
6 September 2025
AI Layoff Wave of 2025: Salesforce’s 4,000-Job Cut Is Just the Beginning

AI Layoff Wave of 2025: Salesforce’s 4,000-Job Cut Is Just the Beginning

AI Replacing Workers in Tech: Salesforce Leads the Trend Tech companies have been on the forefront of integrating artificial intelligence – and now they’re seeing the workforce shake-ups that come with it. Salesforce made headlines this year when Marc Benioff confirmed the CRM giant cut about 4,000 customer support jobs after rolling out new AI-powered support bots foxbusiness.com foxbusiness.com. These “AI agents” can handle routine customer queries, generate content, and even manage websites automatically latimes.com. The efficiency gains were striking enough that Salesforce stopped backfilling many support roles. “With our AI agent platform, the number of support cases declined and
Global Internet Shockwaves: Governments Clamp Down, Tech Giants Invest Billions & Massive Outages Hit Millions (Sept 1–2, 2025)

Global Internet Shockwaves: Governments Clamp Down, Tech Giants Invest Billions & Massive Outages Hit Millions (Sept 1–2, 2025)

Key Facts: Infrastructure and Connectivity Projects Satellite broadband saw major gains. SpaceX’s August 29 launch of 24 Starlink satellites into polar orbit—its fourth California launch that month—aims to blanket high-latitude regions (Alaska, Scandinavia, Antarctica) with low-latency internet. As Spaceflight Now reported, “SpaceX launched 24 Starlink broadband satellites… as it rolls out the service to more countries and territories around the world” spaceflightnow.com. Meanwhile Amazon’s Project Kuiper is gearing up: head Rajeev Badyal confirmed a U.S. launch by late 2025 offering up to 1 Gbps speeds pymnts.com. (“If it were cost-effective, it would have been done by now. But it isn’t,”
2 September 2025
AI Stock Frenzy Peaks Then Falters: Nvidia Wobbles, Alibaba Soars as Global AI Boom Faces Reality Check

AI Stock Frenzy Peaks Then Falters: Nvidia Wobbles, Alibaba Soars as Global AI Boom Faces Reality Check

Key Facts Wall Street’s AI Rally Hits a Speed Bump After months of euphoria, U.S. markets took a breather as August closed out, led by weakness in AI-focused stocks. On Friday, Aug. 29, the S&P 500 and Nasdaq retreated from all-time highs amid a tech sell-off investopedia.com investopedia.com. The Nasdaq Composite sank 1.2% while the S&P 500 lost 0.6%, breaking a streak of gains as traders locked in profits on this year’s AI-fueled winners investopedia.com investopedia.com. Tech mega-caps were mostly lower: Nvidia slid 3.4%, extending a 3-day decline; Tesla and Broadcom fell over 3%; even giants like Meta and Amazon
AI Stock Frenzy: Nvidia’s $54 B Forecast Fuels Rally as Snowflake & MongoDB Surge; Governments & Giants Double Down on AI Boom

AI Stock Frenzy: Nvidia’s $54 B Forecast Fuels Rally as Snowflake & MongoDB Surge; Governments & Giants Double Down on AI Boom

In-Depth Report Nvidia’s Blockbuster Earnings Test the AI Trade AI-chip bellwether Nvidia delivered another blowout quarter, underlining the extraordinary scale of the ongoing AI boom. The company’s fiscal Q2 results (reported Aug 27) easily beat estimates, and management issued an even higher forecast for Q3 revenue — about $54 billion, plus/minus 2% reuters.com. That guidance edged past Wall Street’s ~$53.1 billion consensus and implies astonishing 170%+ growth year-on-year, cementing Nvidia as the de facto arms dealer of the AI era. Behind the numbers is “robust demand” from cloud providers expanding generative AI infrastructure reuters.com. Hyperscalers like Microsoft, Google, Amazon and Meta – many

Stock Market Today

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
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