Tesla shares fall as Musk touts ambitious -- and costly -- plans
Tesla reported weaker-than-expected quarterly profits on Wednesday despite increased auto sales, depressing shares in after-hours trading amid questions over massive capital spending plans.
Read moreJune heatwave cost UK economy more than £1bn: study
Britain's record-breaking June heatwave resulted in some 24 million lost hours of work, costing the economy £1.15 billion ($1.5 billion), according to an estimate released Thursday by the London School of Economics (LSE).
Read more2026 Fields Medals Awarded to Four of World's Top Mathematicians
The award, nicknamed the Nobel Prize of mathematics, recognizes outstanding achievement - and the promise of future achievement - by mathematicians under 40.
Read moreHouthis claim Red Sea tanker strikes as US hits Iran again
Yemen's Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea on Wednesday, potentially opening a new front in the US-Iran war engulfing the region.
Read moreGoogle-parent Alphabet beats expectations, cloud revenue nearly doubles
Google's cloud business grew by more than 80 percent, the company said on Wednesday, which exceeded investor expectations who are looking for signs that the company's AI investments are paying off.
Read moreWildfires ravage parts of southern France, Italy and Spain
Wildfires raged on Wednesday in Sicily, southwestern France and central Spain, sparking thousands of evacuations and claiming the life of an Italian firefighter.
Read moreUS announces civilian nuclear deal with Saudi Arabia
The United States on Wednesday announced a landmark deal with Saudi Arabia that would establish a civilian nuclear program in the Gulf country, with Washington insisting the agreement includes safeguards against non-proliferation.
Read moreAlphabet beats expectations in second quarter, cloud revenue nearly doubles
Google's cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company's AI investments are paying off.
Read moreTesla shares dip after profit misses expectations
Tesla reported weaker-than-expected quarterly profits on Wednesday, citing a hit from lower vehicle prices despite increased auto sales.
Read moreTrump threatens Iran infrastructure, Tehran vows 'eye for eye'
US President Donald Trump threatened Wednesday to destroy an Iranian bridge or power plant for every attack on shipping in the Strait of Hormuz, drawing an "eye for an eye" warning from Tehran as both sides sharpened threats in the escalating war.
Read moreIn The News