Huawei has just released its first foldable-screen laptop, named the MateBook Fold Ultimate

Huawei has just released its first foldable-screen laptop, named the MateBook Fold Ultimate Design. It was unveiled on May 19, 2025, and is currently only available in China.

Key Information about the MateBook Fold:

• Display: An 18-inch OLED screen that can fold down to 13 inches.
• Thickness: 7.3mm when open and 14.9mm when folded.
• Weight: Approximately 1.16 kg.
• Operating System: Powered by HarmonyOS 5, Huawei's in-house developed OS.
• Specs: Can be configured with up to 32GB RAM and 2TB of storage.
• Price: Around 23,999 yuan (approx. $3,328 USD).

The MateBook Fold Ultimate Design marks Huawei’s first step into the foldable laptop market. It showcases the company’s commitment to advancing new technologies.

Huawei Teases Ultimate Design HarmonyOS PC — A Foldable Innovation?

 Huawei has officially teased an exciting new addition to its lineup — a HarmonyOS-powered PC under the ‘Ultimate Design’ label. This could be the company’s most premium notebook yet, and possibly its first foldable PC.

The teaser image reveals a large, slim device with a refined back panel and subtle fold lines, reminiscent of the Mate XT’s triple-fold design. This design language hints strongly at a dynamic folding form factor, aligning with previous rumors.

While Huawei hasn’t announced a release date, earlier leaks suggest the device could launch in Q2 2025. With this new HarmonyOS PC, Huawei seems ready to push boundaries and redefine what a notebook can be.

Gold Prices Surge to $3,330.85: Is Now the Right Time to Invest?

As of 9:12 a.m. ET today, gold prices have climbed to $3,330.85 per ounce, marking a 0.65% increase from yesterday’s $3,309.40. Over the past week, the precious metal has gained 2.33%, and it's up 7.18% over the past month. With gold nearing its 52-week high of $3,435—and far above its low of $2,294—investors are asking: Is gold still a smart investment amid economic uncertainty and rising inflation?

Why Gold Prices Are Rising

Several factors are driving the current surge in gold prices:

• Economic Uncertainty: Fears of a recession, sluggish global growth, and volatile markets are prompting a flight to safety.

• Inflation Concerns: Persistent inflation is eroding purchasing power, making gold more attractive as a long-term store of value.

• Geopolitical Tensions: Ongoing conflicts and global instability have increased demand for safe-haven assets.

• Interest Rate Speculation: Mixed signals from central banks about future rate cuts or hikes are fueling investor caution.

• Central Bank Buying: Countries like China and Russia continue to boost gold reserves, further supporting prices.

Is Gold Still a Hedge Against Inflation?

Historically, gold has been seen as a reliable hedge against inflation. Over long periods, it tends to preserve purchasing power better than fiat currencies. However, gold’s performance in the short term can be inconsistent, especially when interest rates rise or the U.S. dollar strengthens.

Should You Invest in Gold Now?

While gold’s recent rally might make some investors wary of buying at the top, it can still play a valuable role in a diversified portfolio. Here’s what to consider:

Pros:

• Acts as a hedge against inflation and currency devaluation

• Diversifies portfolios and reduces overall risk

• Maintains value during market downturns

Cons:

• Currently trading near all-time highs, which increases short-term risk

• Generates no yield or income

• Can be volatile, especially in response to macroeconomic shifts

Final Thought

For most investors, a moderate allocation—typically 5–10% of a portfolio—may offer the right balance of protection without overexposure. Whether through ETFs, bullion, or gold-mining stocks, gold can still be a valuable tool, especially in uncertain economic times.

Just the way it is.’ Trump says Canada’s prime minister can do nothing to reduce tariffs today

 President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House on May 6 2025

President Donald Trump, in his first Oval Office meeting with new Canadian Prime Minister Mark Carney, said there was nothing Carney could say to him Tuesday that would convince the president to reduce tariffs on Canadian goods.

“No,” Trump said. “Just the way it is.”

Trump complained that Canada has treated the United States unfairly. In a Truth Social post before he met with Carney, the president repeated some of his previous grievances about the country.

“Why is America subsidizing Canada by $200 Billion Dollars a year, in addition to giving them FREE Military Protection, and many other things?” Trump posted, citing a baseless claim. “We don’t need their Cars, we don’t need their Energy, we don’t need their Lumber, we don’t need ANYTHING they have, other than their friendship.”

Trump’s “$200 billion” claim is not even close to true. Official US statistics show the 2024 deficit with Canada in goods and services trade was $35.7 billion.

Meanwhile, Canada was the top buyer of American goods last year.

Carney acknowledged that saying Canada is “the largest client of the United States,” so it would benefit the United States to restore free trade with its northern neighbor. But he agreed with Trump that a trade deal likely wouldn’t be announced Tuesday as a result of their discussions.

Even though the United States imports more from Canada than it exports, the two countries have found mutual benefits from trading with one another – in particular, sourcing raw materials and produce that are not native to both countries.

By contrast, Trump’s tariffs on Canada are poised to hurt both countries. Currently, most Canadian goods exported to the US are subject to a 25% tariff if they aren’t compliant with the United States-Mexico-Canada Agreement, a trade deal Trump inked during his first term. There are also 25% tariffs in place on steel, aluminum, cars and auto parts.

Canada, meanwhile, is taxing roughly $43 billion worth of US goods, including whiskey, sporting gear and household appliances.

Despite Trump saying it would be “much better for Canada” to become an American state, Carney told Trump, “Canada is not for sale.” The prime minister said that was not up for negotiation — but urged the president to work with him on negotiating lower tariffs.

“Respectfully, Canadians’ view on this is not going to change on the 51st state,” Carney said. “Is there one thing (I can say)? No, this is a bigger discussion. There are much bigger forces involved, and this will take some time and some discussions, and that’s why we’re here — to have those discussions.”

Trump acknowledged that a deal to bring Canada under the United States’ fold would not happen Tuesday.

“This is not necessarily a one-day deal,” Trump said. “This is over a period of time they have to make that decision.”

Man Utd tell Chelsea to 'stump up £65m' for Alejandro Garnacho in the summer

 Manchester United have told Chelsea to stump up at least £65m for Alejandro Garnacho this summer.

Chelsea tried to sign the Argentine winger in the last transfer window but failed to agree a deal.

But the London club retain a strong interest in Garnacho, and are expected to make a move for him again at the end of this season.

Garnacho, who has also attracted interest from Napoli, is open to leaving United after struggling to secure regular starts under Ruben Amorim.

But he would want assurances from Chelsea boss Enzo Maresca he would be a big part of his future plans at Stamford Bridge.

Chelsea have a huge squad and high turnover of players, so Garnacho wants to be sure he would be making the right move.

But any deal will depend on another club meeting United's valuation.

Garnacho is under contract at Old Trafford until 2028 and will not be sold on the cheap.

But United bosses, including co-owner Sir Jim Ratcliffe, are willing to sell most members of the squad provided the price is right.

United are desperate to meet financial spending rules, as well as provide Amorim with funds to make new signings.

Which means the likes of Kobbie Mainoo, Luke Shaw, Manuel Ugarte, Casemiro, Rasmus Hojlund, Matthijs de Ligt, Joshua Zirkzee and Christian Eriksen could all be sold.

It's understood the only players immune from the fire sale ar Bruno Fernandes, Harry Maguire, Amad Diallo and Patrick Dorgu.

Source www.7msport.com

Arsenal enter race for Real Madrid winger Rodrygo

The Brazil international is understood to be unsettled at the Santiago Bernabeu and was left out of the squad for the 3-2 win over Celta Vigo at the weekend.

Despite regular football, Rodrygo has struggled for status in a forward line dominated by Vinicius Junior and Kylian Mbappe. He was withdrawn at half-time of the Copa del Rey final defeat to Barcelona after an anonymous performance and has struggled for form in recent weeks.

It's understood there is a possibility he could leave Real Madrid in the summer transfer window. The 24-year-old is also keen to play in his favoured left-wing role, a position occupied by Vinicius in the Spanish capital.

Premier League clubs are on alert and Spanish outlet Revelo are reporting that Arsenal are the latest to express interest. Manchester United and Liverpool are also monitoring developments closely.

Arsenal want to strengthen their forward line and have also been linked with Bayern Munich winger Kingsley Coman.

The Gunners saw their Premier League title challenge derailed after injuries to Gabriel Jesus and Kai Havertz left the North Londoners short of attacking depth. A centre-forward and winger are both of interest this summer.

Rodrygo's ability to operate across the forward line and goal threat appeal to Arsenal, who are keen to ease a creative reliance on Bukayo Saka. He has 13 goals and 10 assists in 50 appearances across all competitions for Real Madrid this season.

Source www.7msport.com