The Wire
All the analysis, as it happens.
12:48
Musk Admits Twitter Posts Were ‘Not My Wisest’ in Securities Fraud Trial
The billionaire testified in San Francisco that his 2022 tweets about the Twitter acquisition may have been his 'stupidest,' as shareholders allege he manipulated the…
12:12
TerraPower Wins First Advanced Reactor Permit in 50 Years, Marking U.S. Nuclear Comeback Attempt
Bill Gates-backed sodium reactor gets NRC clearance in Wyoming, setting up race with China on next-generation nuclear and test of whether new designs can break…
11:48
Beijing’s Cold Calculus: Why China Won’t Save Iran
As US-Israeli strikes reshape the Middle East, China's measured response reveals an economic strategy that prizes Gulf stability over ideological solidarity.
11:10
Revolut Abandons UK License Wait to Pursue US Banking Under Trump
Europe's most valuable fintech pivots to America as London's three-year regulatory delay meets Washington's deregulatory push.
10:48
China Doubles Down on Rare Earths and Robotics in Strategic Manufacturing Push
Beijing's commitment to dominate critical technologies intensifies Western concerns over supply chain vulnerability and industrial competitiveness.
09:59
Foxconn’s AI Server Surge Exposes Critical Concentration Risk in Global Infrastructure Buildout
The world's largest electronics manufacturer posted record Q2 2025 profits on exploding AI server demand, but Taiwan's dominance in the $30 billion market raises supply…
09:46
UK Arrests Labour MP’s Husband in China Spy Case—Weeks After Starmer’s Beijing Reset
Three men detained under National Security Act as Westminster confronts deepening pattern of Chinese infiltration targeting democratic institutions
08:51
Japan’s 5% Wage Demand Sets Stage for Further BOJ Tightening
Rengo's third consecutive year of aggressive wage demands signals labor market tightness that could keep interest rates rising through 2026.
07:56
ECB Holds Rates as Inflation Nears Target, Defying Fed Easing Cycle
Bank of France Governor Villeroy signals no immediate policy shift despite eurozone inflation climbing to 1.9%, widening monetary divergence with Washington.
07:49
China Weaponizes AI Development to Build Fortress Economy Against US Controls
Beijing's semiconductor push explicitly frames technological self-reliance as existential national security priority, converting export restrictions into accelerant for indigenous innovation.
06:56
Iran Conflict Shuts Strait of Hormuz, Sends Fertiliser Prices Soaring as Food Shortage Warnings Mount
Military strikes in the Persian Gulf have effectively closed a waterway handling one-third of global fertiliser trade, triggering price spikes and warnings of crop shortfalls…
06:47
Europe’s Defense Tech Gold Rush: Startups Race for €343 Billion as Geopolitical Tensions Rewrite Investment Rules
Investment in European defense startups surged 500% since 2021, but the sector still trails the US by a factor of three—and the funding gap could…
21:48
Broadcom Beats Earnings as AI Revenue Doubles, But Margin Pressure Tests Investor Conviction
The chipmaker's Q1 results crushed expectations with $8.4 billion in AI revenue, yet shares remain 23% below December highs as hyperscaler spending acceleration collides with…
21:33
French Quantum Startup Pasqal Targets $2 Billion Valuation in SPAC Listing
Paris-based neutral-atom quantum computing firm joins wave of European public offerings amid renewed investor appetite for alternative qubit architectures.
20:55
The Anthropic-Pentagon Standoff Exposes Unresolved Questions of AI Control in Wartime
Hours after banning Anthropic for refusing to drop AI safeguards, the Pentagon used Claude to coordinate Iran strikes—revealing the military's dependence on a technology it…
20:43
New York’s AI Chatbot Liability Bill Threatens $161B+ Industry with Professional Advice Restrictions
Senate Bill S7263 would create civil liability for AI systems dispensing legal, medical, or engineering guidance, advancing a model states could replicate.
20:33
Ukrainian Drones Sink Russian LNG Tanker in Mediterranean, Escalating Shadow Fleet Campaign
The Arctic Metagaz — a sanctioned vessel hauling Arctic gas — exploded and sank 130 nautical miles north of Libya after what Moscow calls a…
19:12
Private Capital Targets AI Infrastructure as Power Bottleneck Becomes Primary Investment Thesis
Ares Management and Stonepeak Partners lead institutional shift into energy and data center connectivity, betting on 3-5 year buildout timeline as electricity constraints reshape asset…
18:27
South Korea’s KOSPI Crashes 12% as Leveraged Retail Positions Implode
Two-day, 19% plunge triggers circuit breakers and $550 billion wipeout, exposing fragility of margin-fueled rally and raising Asian contagion fears.
18:23
Google Offers Epic $800M Partnership to Settle Antitrust Case, Drawing Regulatory Skepticism
Proposed settlement would slash Play Store fees to 9-20% and open Android to rival app stores, but FTC and judge question whether deal serves broader…