Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.

SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his involvement with President Donald Trump and the recently announced Stargate.

A small group of seven companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, have become so dominant that they alone contributed to more than half of the S&P 500’s

Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.

Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.

DeepSeek threatens to disrupt the AI sector in a similar way to how Chinese companies have already upended industries such as EVs and mining.

The cheap, open AI model has sent shockwaves through Silicon Valley. Has Australia already been left behind or does DeepSeek’s rapid rise, despite limited resources, mean something similar could emerge locally?

President Donald Trump will meet with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.

Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would position the Japanese operator as the generative AI (gen AI) company’s biggest financial backer.

SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.

Chinese AI startup DeepSeek has shaken the self-image of America's vaunted tech sector. A visit to San Francisco's AI neighborhood finds some developers and investors rejoicing, while others are in despair.