President Trump Unveils Comprehensive U.S.–U.K. Trade Deal Amid Tariff Reforms

President Trump unveiled a “full and comprehensive” U.S.–U.K. trade agreement following April’s “Liberation Day” tariffs. The pact aims to cut duties and simplify customs checks, especially for agriculture, steel, and pharmaceuticals—while strengthening economic ties. Although hailed as a landmark achievement, analysts caution that its actual provisions may be more limited than portrayed.

Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty

Apple is exploring the integration of AI-powered search engines, potentially replacing Google as the default option in Safari. The company is reportedly in discussions with AI providers such as OpenAI and Perplexity AI to enhance the user search experience. This potential shift could disrupt Apple’s $20 billion annual agreement with Google, which pays to remain the default search engine on Apple devices. The news has already impacted Alphabet Inc.’s stock, which fell 9% following the announcement. 

Apple Considers Switching to AI-Powered Search, Challenging Google’s Dominance

Apple is exploring the integration of AI-powered search engines, potentially replacing Google as the default option in Safari. The company is reportedly in discussions with AI providers such as OpenAI and Perplexity AI to enhance the user search experience. This potential shift could disrupt Apple’s $20 billion annual agreement with Google, which pays to remain the default search engine on Apple devices. The news has already impacted Alphabet Inc.’s stock, which fell 9% following the announcement. 

P/E Ratio

The price-to-earnings (P/E) ratio compares a company’s share price to its earnings per share (EPS). Investors and analysts use it to assess how a stock is valued relative to others, helping them evaluate whether it’s potentially over- or underpriced.