OpenAI acquires health-care technology startup Torch

OpenAI has acquired the health-care technology startup Torch, the company announced on Monday. OpenAI purchased Torch for roughly $60 million, according to a source familiar with the deal who asked not to be named because the details are confidential. Torch was building a “unified medical memory” for artificial intelligence that aimed to bring a patient’s…

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Nikkei 225, Kospi, Hang Seng Index, Iran, Powell

Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets opened higher on Tuesday as traders shrugged off geopolitical flashpoints in Iran and Venezuela, as well as a criminal investigation into the U.S. Federal Reserve Chair Jerome Powell. Japan’s benchmark Nikkei 225 jumped 3.4% to lead…

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Alphabet hits $4 trillion market capitalization 

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped 1% Monday, after Apple said it would use Google’s…

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Republican opposition grows on Capitol Hill

U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve…

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