Big Pharma M&A Roars Back: Lilly Leads 5 Billion First-Half Acquisition Spree
The biopharma industry completes 52 deals in H1 2026, with Eli Lilly committing more than 5 billion across nine acquisitions as AI reshapes drug discovery.
Oil Prices Surge as U.S. Revokes Iran Sanctions Waiver After Strait of Hormuz Attacks
WTI and Brent crude jump more than 5% after the Trump administration rescinds authorization for Iranian oil sales following attacks on commercial tankers.
Switzerland Stuns Colombia in Penalty Shootout, Advances to World Cup Quarterfinals
Ruben Vargas delivers the winning penalty kick as Switzerland reaches the World Cup quarterfinals for the first time since 1954, setting up a clash with Argentina.
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Business
Billionaire Summer Camp Returns: Bezos, Zuckerberg, Altman Descend on Sun Valley for Annual Power Summit
The Allen & Company Sun Valley Conference kicks off Tuesday with an all-star roster of tech CEOs, media moguls, and AI pioneers converging on Idaho for the invitation-only gathering where the biggest deals in American business get hatched.
Finance
Samsung Stock Plunges 10% Despite Record Earnings as AI Chip Rally Hits Wall
Samsung Electronics shares crashed nearly 10% on Tuesday despite reporting an 1,800% surge in quarterly profits, as investors question whether the AI-driven chip boom can sustain its torrid pace and fears of an AI bubble resurface.
Sports
America's World Cup Nightmare: Belgium Crushes USMNT 4-1 to End Host Nation's Dream
Belgium ruthlessly eliminated the United States from the 2026 World Cup with a clinical 4-1 victory in Seattle, as Charles De Ketelaere's brace and a goalkeeper blunder from Matt Freese ended America's tournament on home soil in devastating fashion.
Business
Sun Valley 2026: Billionaires Gather as Major Media Deals Take Center Stage
The annual Allen & Company conference brings together tech and media titans as the Paramount-WBD megadeal and AI dominance reshape the agenda at summer camp for billionaires.
Finance
The Great Rotation: Dow Hits Record Highs as Investors Flee Tech Stocks
Wall Street is witnessing a historic shift as money flows from high-flying tech names to traditional blue chips, pushing the Dow to new record highs while the Nasdaq pulls back.