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Ukrainian President Volodymyr Zelenskyy convened a meeting regarding Ukraine's ballistic missile development. He stated that Ukraine currently possesses the necessary scientific foundation and expertise. Therefore, it is projected that Ukraine will a

2026-08-06

Ukrainian President Volodymyr Zelenskyy convened a meeting regarding Ukraine's ballistic missile development. He stated that Ukraine currently possesses the necessary scientific foundation and expertise. Therefore, it is projected that Ukraine will achieve its expected goals by 2026-2027.

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2026-08-06

Microsoft disclosed most of its AI revenue came from OpenAI, reporting $24.1 bln in sales from OpenAI in the fiscal year ended June (MSFT.O). CEO NADELLA had said AI business revenue could reach about $37 bln on a full-year basis as of the end of the

Microsoft disclosed most of its AI revenue came from OpenAI, reporting $24.1 bln in sales from OpenAI in the fiscal year ended June (MSFT.O). CEO NADELLA had said AI business revenue could reach about $37 bln on a full-year basis as of the end of the March quarter. The filing implies OpenAI accounted for more than half—and possibly roughly 70%—of Microsoft’s AI sales in the most recent fiscal year. Under the companies’ agreement OpenAI pays Microsoft for compute, AI model development costs and shares part of revenue.
2026-08-06

Saudi Arabia trimmed the price of its flagship crude for Asian buyers as talks progress on an agreement to ease shipping pressure in the Strait of Hormuz. A pricing schedule showed Saudi Aramco cut Arab Light for next month’s Asia cargoes by $0.50/bb

Saudi Arabia trimmed the price of its flagship crude for Asian buyers as talks progress on an agreement to ease shipping pressure in the Strait of Hormuz. A pricing schedule showed Saudi Aramco cut Arab Light for next month’s Asia cargoes by $0.50/bbl to $2.00/bbl below the regional benchmark. The cut comes despite Houthi threats to Red Sea eastbound oil routes. A prior survey had shown traders expect Aramco to keep its flagship price unchanged. Brent has slid sharply this week, trading near $80/bbl.
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