OnePlus USA has announced ambitious plans to challenge industry giants Samsung Electronics Co $005930.KS and Apple Inc $AAPL with the introduction of its new OnePlus Pad 3. Scheduled for release on July 8, this premium Android tablet is priced at $700 in the U.S. and $1000 in Canada, positioned to attract consumers seeking an alternative with powerful specifications and competitive pricing.

Novo Banco SA, a central figure in Portugal’s banking landscape, is on the cusp of a transformative step toward public equity markets. The forthcoming shareholder assembly, scheduled for June 4, will address essential preparations for a potential initial public offering (IPO), with a focus on granting access to the stock exchange and implementing governance changes. While the final decision on proceeding with the offering remains pending, this meeting plays a foundational role in aligning the lender for a market debut.

Late-month stock market fluctuations underscored how quickly investor sentiment shifts on geopolitical developments. A public statement from former US President Donald Trump, blaming China for allegedly breaching trade agreements and signaling a potential meeting with Chinese leader Xi Jinping, catalyzed sharp intraday swings. Initially, the S&P 500 index $^SPX dropped as much as 1.2%, before moderating losses and closing flat.