China's market regulator has imposed a 5.2 billion yuan ($770 million) penalty on Trip.com Group for abusing its dominant position in the online hotel booking market, continuing Beijing's scrutiny of major internet platforms.
Nvidia and South Korea's SK Group announced a massive AI initiative valued at more than $500 billion, which includes building large-scale data centers and a strategic partnership with SK Hynix for next-generation memory.
Bank of America has named Datadog, Snowflake, and JFrog as its top infrastructure software stocks, citing accelerating growth driven by the widespread adoption of artificial intelligence.
The Federal Aviation Administration is mandating major U.S. airlines retrofit aircraft with new altimeters by 2030 to prevent 5G interference, offering up to $2.2 billion in government rebates to cover the costs.
The U.S. Commodity Futures Trading Commission has released new guidance to stop the practice of bundling diverse prediction market contracts under single, broad self-certifications, citing risks of manipulation and a lack of regulatory oversight.
Colombia's benchmark COLCAP index closed lower on Friday, falling 0.38% as losses in the financial, investment, and public services sectors offset gains from a handful of individual stocks.
Russian stocks closed higher on Friday, with the benchmark MOEX index gaining ground despite a drop in global crude oil prices. The power and mining sectors led the advance, while the ruble strengthened against the dollar and euro.
Mexico's benchmark stock index, the S&P/BMV IPC, closed with a modest gain on Friday, lifted by advances in the industrial and consumer goods sectors. The session saw mixed performance among individual large-cap stocks.
The defense contractor's Mission Systems unit was awarded a contract worth up to $400.4 million to develop the ground segment for the Proliferated Warfighter Space Architecture's Tranche 3.
