U.S. to implement higher tariffs starting August 1, Commerce Secretary says
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick....
Apple has been named the most valuable brand in the world, with an estimated brand value of USD 574.5 billion, according to Brand Finance’s latest report. The tech giant, which experienced an 11% increase in brand value from 2024, holds a commanding lead over second-placed Microsoft, valued at USD 461.1 billion.
Technology Brands Dominate Rankings
The report highlights the dominance of technology brands in the global market. Four of the top five most valuable brands belong to the tech sector:
1. Apple: USD 574.5 billion (+11% from 2024)
2. Microsoft: USD 461.1 billion (+35%)
3. Google: USD 413.0 billion (+24%)
4. Amazon: USD 356.4 billion (+15%)
5. Walmart: USD 137.2 billion (+42%)
NVIDIA's Breakthrough and High-Growth Brands
Semiconductor giant NVIDIA entered the top ten for the first time, reflecting its meteoric rise in brand value. With a valuation of USD 87.9 billion, up from just USD 4.7 billion in 2020, NVIDIA’s growth underscores the increasing importance of advanced technologies like artificial intelligence and graphics processing in the global economy.
Other brands showing remarkable growth since 2020 include TikTok/Douyin, which grew 79% over four years to a value of USD 105.8 billion, and semiconductor companies AMD and TSMC, which saw their values skyrocket as demand for cutting-edge chips surged.
The Most Rapidly Growing Brands
Brand Finance also spotlighted several brands with extraordinary growth since 2020:
1. DraftKings: USD 5.1 billion (up from USD 18 million)
2. FanDuel: USD 7.0 billion (up from USD 56 million)
3. NVIDIA: USD 87.9 billion (up from USD 4.7 billion)
4. AMD: USD 11.0 billion (up from USD 1.4 billion)
5. BYD: USD 14.0 billion (up from USD 3.1 billion)
The rise of online gambling brands like DraftKings and FanDuel reflects the legalization of online betting in more U.S. states. Meanwhile, the semiconductor sector's rapid expansion, led by NVIDIA, AMD, and TSMC, highlights the industry's critical role in enabling technological innovation.
Key Takeaways
Apple’s leadership in brand value showcases its sustained influence and innovation, while Microsoft and other tech giants demonstrate remarkable growth amid expanding digital transformation. NVIDIA’s entry into the top ten underscores the growing impact of the semiconductor industry in shaping the future of global technology.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
China's finance ministry announced on Sunday that it is imposing restrictions on imports of medical devices from the European Union valued over 45 million yuan ($6.3 million).
Investment firm Azoria Partners announced it would delay the launch of its Tesla ETF following Elon Musk's declaration of forming a new U.S. political party.
Ingram Micro INGM.N said on Saturday it recently identified ransomware on certain of its internal systems.
Microsoft is closing its direct operations in Pakistan after 25 years, shifting to a partner-led model to serve the market.
The European Union will drastically reduce imports of Ukrainian wheat and sugar, by up to 80%—to protect its farmers, a move expected to shift Ukraine's exports toward Asia and Africa.
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