Meta set to overtake Google in digital ad revenue in 2026

Emarketer projects Meta will surpass Google in global digital ad revenue for the first time in 2026, with $243.5 billion to Google’s $239.5 billion. Meta’s Advantage+ AI automation and new ad surfaces on WhatsApp and Threads are driving 24.1% growth versus Google’s 11.9%.

South Korea's Stock Market Is a Big Leveraged AI Bet

Asia's fourth-largest economy is now hanging on the success of a few chipmakers.

Rouble’s strength piles pressure on Russian war economy

Rising energy exports have helped push currency to three-year high, making other exports less competitive

SpaceX and the Zuckerberg discount

A founder-entrenching shareholder structure can do a great deal of harm

America’s hegemonic glory is under threat

Along with excessive ‘guns and butter’ spending, that risk means long-term Treasuries are expensive

Oil falls as Iranian state television reports details of peace proposal

Broadcast said draft deal would restore Strait of Hormuz shipping within a month

Why We Need to Tax AI

Americans are hanging on by their fingernails in an economy that funnels wealth to the ultra-rich and leaves crumbs for working people. AI threatens to supercharge this divide: tech executives have warned that AI could lead to “a level of wealth concentration that will break society” and create a “permanent underclass.”

EU pushes for ‘tech sovereignty’ to cut reliance on US

Draft strategy marks shift from regulating Big Tech to favouring European services

Robinhood to let investors use AI chatbots for share trading

US brokerage joins ‘arms race’ to give retail investors new tools

What it would take to rebuild U.S. manufacturing might

It would take about 6% of U.S. GDP to build the industrial capacity needed to replace imports of key strategic goods, new research from McKinsey estimates.

Data centre owner DigitalBridge buys energy PE firm ArcLight for $1bn

Tie-up comes as Wall Street heavyweights strike partnerships to uncover new sources of power

OpenAI’s foundation to spend $250mn on research into AI’s impact on economy

Group sketches out plan to deploy its cash after vowing in March to hand out $1bn over 12 months