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TSX:9984 22 June 2025 - 8 August 2025

Global Business Pulse: Markets Juggle Tariffs, Rate Cuts & Mega-Deals (Aug 7–8, 2025)

Global Business Pulse: Markets Juggle Tariffs, Rate Cuts & Mega-Deals (Aug 7–8, 2025)

The United States imposed 100% tariffs on imported chips and electronics Aug. 7, sending Apple shares up 3%. Dow Jones fell 0.5%, S&P 500 slipped 0.1%, and Nasdaq hit a record, while Eli Lilly dropped 14% on weak drug data. The Bank of England cut rates for a fourth time, lifting the pound 0.7%. Paramount Global and Skydance completed an $8.4 billion merger.
AI Stocks Frenzy: Record Highs, GPT‑5 Launch, Soaring Tech Giants and SoftBank’s Big AI Payday (Aug 7–8, 2025)

AI Stocks Frenzy: Record Highs, GPT‑5 Launch, Soaring Tech Giants and SoftBank’s Big AI Payday (Aug 7–8, 2025)

The Nasdaq Composite hit a record by Aug. 7, 2025, as chipmakers and AI stocks surged. AMD fell 5% and SMCI dropped over 18% after disappointing data-center results, while Palantir jumped 9% after raising its revenue forecast. Meta secured $29 billion for AI data centers, and SoftBank soared 13% to a record high in Tokyo after strong earnings and a $30 billion OpenAI stake. China’s robotics stocks rallied ahead of the World Robotics Conference.
AI’s Frenzy: Billion-Dollar Bets, Breakthroughs & Backlash – Global AI News Roundup (Aug 5–6, 2025)

AI’s Frenzy: Billion-Dollar Bets, Breakthroughs & Backlash – Global AI News Roundup (Aug 5–6, 2025)

MIT and Duke researchers used AI to design tougher plastics with iron-based ferrocene additives, publishing results in ACS Central Science. Profluent Bio created OpenCRISPR-1, the first AI-designed CRISPR enzyme, which edited human genome cells and was open-sourced in Nature. OpenAI released two open-weight LLMs and saw its valuation estimate hit $500 billion after rapid revenue growth. U.S. regulators approved ChatGPT, Gemini, and Claude for federal use.
AI’s Big Bang: Billion-Dollar Deals, Breakthroughs & Backlash (Aug 4–5, 2025 AI Roundup)

AI’s Big Bang: Billion-Dollar Deals, Breakthroughs & Backlash (Aug 4–5, 2025 AI Roundup)

OpenAI raised $8.3 billion at a $300 billion valuation in a round led by Dragoneer, with SoftBank committing up to $40 billion this year. AI-driven M&A hit $2.6 trillion in the first seven months of 2025, up 28% in value despite fewer deals. Italy launched an antitrust probe into Meta over WhatsApp AI integration. California’s new AI hiring rules take effect October 1, 2025.
OpenAI’s $12B Revelation, ‘Study Mode’ Launch & 100k-GPU AI Hub – Experts React in 48-Hour AI Frenzy

OpenAI’s $12B Revelation, ‘Study Mode’ Launch & 100k-GPU AI Hub – Experts React in 48-Hour AI Frenzy

OpenAI reached a $12 billion annualized revenue run rate in the first seven months of 2025, with weekly active users hitting 700 million. The company raised its 2025 cash burn forecast to $8 billion and is close to finalizing a $7.5 billion funding round, with major commitments from Sequoia, Tiger Global, and SoftBank.
Quantum in Orbit, 100K-Qubit Ambitions & More – Quantum Computing Roundup (July 30–31, 2025)

Quantum in Orbit, 100K-Qubit Ambitions & More – Quantum Computing Roundup (July 30–31, 2025)

The first quantum computer in space, a 3-liter photonic device led by Philip Walther of the University of Vienna, is now operational in Earth orbit after launching June 23. D-Wave Quantum announced plans July 30 to scale to 100,000 qubits using NASA JPL technology. IonQ and Oak Ridge National Laboratory used a 36-qubit system to optimize power grid scheduling. Keysight delivered a control system for over 1,000 qubits to Japan’s AIST.
AI Revolution Unfolds: Big Tech Bets, Breakthroughs & Bold Policies (July 21–22, 2025)

AI Revolution Unfolds: Big Tech Bets, Breakthroughs & Bold Policies (July 21–22, 2025)

Google will invest over $25 billion in U.S. AI data centers and infrastructure and $3 billion to modernize Pennsylvania hydropower plants. Project Stargate has been reduced to a small Ohio data center after disputes between OpenAI, SoftBank, and Oracle. Apple delayed advanced Apple Intelligence features until 2026. The U.S. plans three AI-focused Executive Orders before the July 23 AI Action Plan.
Nvidia’s Blockbuster July 2025: $4 Trillion Milestone, New Chips, and Global AI Power Plays

Nvidia’s Blockbuster July 2025: $4 Trillion Milestone, New Chips, and Global AI Power Plays

Nvidia’s market value briefly touched $4 trillion on July 9, 2025, with shares peaking at $164.42 before closing at a $3.97 trillion cap. The company projected $45 billion in Q2 FY2026 revenue and launched the GeForce RTX 5050 GPU, starting at $249. Nvidia announced new AI systems and cloud services, while facing US export controls and legal scrutiny over patents and data use.
Perplexity AI: The $14B AI Answer Engine Challenging Google and ChatGPT

Perplexity AI: The $14B AI Answer Engine Challenging Google and ChatGPT

Perplexity AI launched its search engine in December 2022, using retrieval+generation tech and models like Sonar and GPT-4. By May 2025, it handled 780 million queries monthly, up from 3,000 on its first day. The company reached a $9 billion valuation after a $500 million round in December 2024. Perplexity offers a freemium model, publisher revenue sharing, and new products including a mobile assistant and AI-powered phone.
OpenAI’s Meteoric Rise: Breakthroughs, Billions, and Backlash in 2025

OpenAI’s Meteoric Rise: Breakthroughs, Billions, and Backlash in 2025

OpenAI and Mattel announced an AI-powered toy partnership in June 2025, with the first product expected later this year. In April, OpenAI unveiled GPT-4.1, featuring a 1,000,000 token context window and improved coding. OpenAI posted $5 billion in 2024 losses despite $3.7 billion in revenue. By early 2025, ChatGPT had reached 500 million weekly active users.
Tech News Deep Dive: July 2025’s Biggest Stories in Devices, AI, Cloud, Gaming, and Space / Updated: 2025, July 3rd, 12:01 CET

Tech News Deep Dive: July 2025’s Biggest Stories in Devices, AI, Cloud, Gaming, and Space / Updated: 2025, July 3rd, 12:01 CET

Oracle signed a $30 billion annual cloud deal to lease 4.5GW of computing power to OpenAI for the Stargate data center, aiming to double cloud sales by 2028. Nothing Phone (3) launched with a transparent chassis and Snapdragon 8s Gen 4, starting at $799. Nintendo Switch 2 reportedly faces overheating issues with demanding games. Interstellar object A11pl3Z will pass near Mars in October 2025, posing no threat to Earth.
AI Trends in June 2025: Major News, Market Insights, and Key Developments (Updated: June 27th, 2025)

AI Trends in June 2025: Major News, Market Insights, and Key Developments (Updated: June 27th, 2025)

Google added Imagen 4 to Gemini in June 2025, enabling high-quality image generation with better in-image text and watermarking. Meta released V-JEPA 2, a video AI model for self-supervised learning and robot control. Apple launched on-device generative AI and local ChatGPT in iOS 19, iPadOS 19, and macOS. Midjourney debuted its first AI video model, offering 5-second clips for $10 a month.
Top 100 Robotics and Drone Companies Shaping the Future of Automation (2025)

Top 100 Robotics and Drone Companies Shaping the Future of Automation (2025)

Amazon Robotics operates over 500,000 mobile robots in its fulfillment centers. DJI holds more than 70% of the global drone market with its Phantom and Mavic series. Intuitive Surgical’s da Vinci system has performed over 10 million surgeries with more than 7,500 units installed. Nuro’s R2 and R3 vehicles received a special U.S. permit for driverless delivery in 2020.
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Stock Market Today

  • Official Market Notice: New Debt Securities Listings
    May 21, 2026, 4:32 AM EDT. The market sees new debt and debt-like securities listings including Ecobank Transnational's Fixed Rate Reset Tier 2 Notes due 2036, Absa Group's Additional Tier 1 Notes, and European Bank for Reconstruction & Development's 4.651% Callable Green Transition Notes due 2036. Barclays Bank PLC listed securities due 2032 and Barclays PLC introduced multiple Resetting Senior Callable Notes with varying maturities between 2030 and 2037. These offerings present investors with long-dated fixed income options in USD, GBP, and JPY denominations.

Latest articles

Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit Falls as TurboTax Forecast Cut Weighs on Shares Despite Profit Beat

21 May 2026
Intuit shares fell 13.4% in late trading after the company cut its 2026 TurboTax revenue forecast and announced a 17% reduction in full-time staff, affecting about 3,000 roles globally. The stock closed Wednesday at $383.93 before dropping to $332.48 after hours. Intuit will close its Reno and Woodland Hills offices, with U.S. layoffs effective by July 31.
HMRC pay code error could cut UK take-home, warns tax accountants

HMRC pay code error could cut UK take-home, warns tax accountants

21 May 2026
Hundreds of Zopa customers and potentially thousands of UK savers have had tax codes changed after HMRC used incorrect savings-interest data, including wrongly treating tax-free ISA interest as taxable. Some savers saw pay drop or overpaid tax before errors were fixed. HMRC said affected taxpayers should contact the agency if their records are wrong.
Intel stock rebounds as chip optimism builds on Wall Street

Intel stock rebounds as chip optimism builds on Wall Street

21 May 2026
Intel last traded at $118.96, up 7.4%, as chip stocks rebounded ahead of U.S. market open. The move followed analyst price target hikes and renewed focus on AI-related demand for CPUs. Nvidia forecast $91 billion in second-quarter revenue and announced an $80 billion buyback, but its shares fell in after-hours trading. The next U.S. market holiday is Memorial Day, May 25.
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