Month: June 2026

The European Parliament approved its trade deal with the US, agreeing to reduce tariffs on industrial and agricultural goods. Washington agreed to cap its own tariffs. The deal was agreed last year, but votes were postponed after US President Donald Trump threatened to annex Greenland, leading parliamentarians to demand extra ...

DeepSeek became China’s most valuable AI startup after raising $7.4 billion, but its $50 billion valuation is eclipsed by the astronomical market values of its US rivals. The upstart upended Silicon Valley with its cost-effective open-source model last year, and is seen as leading Beijing’s race against the US. While ...

SpaceX shares jumped further Tuesday, making the company more valuable than Amazon but further raising concerns of a bubble. The space giant’s IPO last week broke records and investors have only piled in since. But the numbers are startling: Its price-to-sales ratio is almost 150, compared to less than four ...

by Victoria Johnson. Church was “the emblematic artist of the middle decades of America’s nineteenth century,” according to The New Yorker. This “lively” biography shows how he “did for America what John Constable and JMW Turner had done for Britain,” painting landscapes that defined the nation’s image of itself. Buy ...

The Scene It failed in a bid for Warner Bros. Discovery. Then, it bowed out of its pursuit of Roku, according to people involved in the sale process. Netflix is increasingly showing up in the marketplace for giant deals, marking a territory for the company that historically said it prefers ...

In this special episode of Compound Interest, Semafor’s Chief Commercial Officer Rachel Oppenheim sits down with Todd Heimes, Vice President and General Manager at our season sponsor, Amazon Business. Todd and Rachel sit down to discuss how Amazon Business is reshaping how organizations buy. Heimes has been scaling Amazon since ...

Tim’s view The US-Iran de-escalation deal may bring oil tanker traffic back to something resembling the pre-war norm, but the global energy trade will never be the same. Oil prices will very likely fall — Goldman Sachs lowered its fourth-quarter Brent forecast from $90 to $80 per barrel on Monday. ...

Wall Street is looking favorably on the prospects for a US-Iran peace deal. Oil prices fell to a three-month low Monday (although still above pre-war levels) and several major banks cut their price forecasts. Natural gas prices could also see relief if Qatar follows through on plans to return to ...

Sea ice is melting fast, worsening the climate crisis, but a bold attempt to rethicken it is showing early signs of success ‘This would have been a wild dream a year ago,” says Andrea Ceccolini, standing on Arctic sea ice just a 4-mile snowmobile ride from the Inuit town of ...

The regime has learned it must extract concessions rather than promises from the US, but any permanent deal still depends on ending the war in Lebanon To understand why Iran agreed to the memorandum of understanding (MOU) with the United States to end the war, one must first understand how ...