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Sat, Jul 18, 2026 02:26 PM All times are UTC

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Apple Supplier Foxconn Expects Revenue Surge in 2024 Amid AI Server Demand

Mar 14, 2024 08:19 am UTC| Business

Apple supplier Foxconn anticipates a substantial revenue increase in 2024 after a slow start to the year due to surging demand for AI servers. The companys fourth-quarter profit surpassed market expectations, setting a...

Under Armour Announces Reinstatement of Kevin Plank as CEO

Mar 14, 2024 07:53 am UTC| Business

Under Armour revealed that its founder, Kevin Plank, is returning to the company and assuming the role of chief executive officer. The sports apparel manufacturer said on Wednesday, March 13, that Planks appointment will...

McDonald’s Adapts to Changing Lower-Income Consumer Behavior Amidst Inflation Concerns

Mar 14, 2024 07:44 am UTC| Business

In a shift in consumer behavior, lower-income Americans are choosing to cook at home instead of dining at fast-food chain McDonalds. McDonalds CFO Ian Borden highlighted this change, reflecting a challenging consumer...

Microsoft to Debut AI Copilot for Cybersecurity Against Hackers

Mar 14, 2024 07:00 am UTC| Business Technology

Microsoft Corporation is releasing a new AI-powered tool designed for cybersecurity. This can help companies and other users track hackers. The Microsoft Copilot for Security is a subscription AI security service that...

Why More and More People are Choosing to Rent Rooms Over Apartments

Mar 14, 2024 06:37 am UTC| Business

In recent years, the trend of renting rooms, as opposed to entire apartments or houses, has seen a significant rise. This shift in living preferences is not a fleeting trend but a reflection of changing economic, social,...

Pizza Hut to Introduce New Yorker Pizza Bagel in US

Mar 14, 2024 05:33 am UTC| Business

Pizza Hut is rolling out a special menu in collaboration with Yeastie Boys Bagels. The pizza chain of stores announced the addition of Big New Yorker Pizza Bagel, which will be available only in two states in the...

Keurig Dr Pepper Unveils Sustainable Innovation in Coffee Brewing

Mar 14, 2024 04:14 am UTC| Business

Keurig Dr Pepper has revealed a multi-year innovation agenda for its Keurig single-serve brewing system. The agenda includes an entirely reimagined coffee system and a range of new products and technologies to meet coffee...

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Economy

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Trump Threatens Higher Canada Tariffs as Wildfire Smoke Sparks U.S. Air Quality Crisis

President Donald Trump has threatened to impose higher tariffs on Canada, blaming the country for worsening air pollution across the United States as smoke from hundreds of active Canadian wildfires spreads south of the...

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Politics

Iran Expands Gulf Attacks as U.S. Strikes Intensify, Oil Prices Surge

Iran widened its military campaign against U.S. allies in the Gulf on Saturday after the United States carried out a seventh consecutive night of strikes on Iranian military targets, marking another escalation in the...

Brazil Supreme Court Tightens Jair Bolsonaro House Arrest Ahead of Election

Brazils Supreme Court has imposed stricter restrictions on former President Jair Bolsonaro, suspending all non-essential visits to his residence for 30 days as the country moves closer to its October presidential election....

US Expands Iran Strikes as Strait of Hormuz Shipping Drops, Oil Prices Climb

The United States carried out a seventh straight night of military strikes on Iran, extending operations beyond the countrys southern coast and deeper into its interior, while Tehran launched retaliatory attacks on...

DOJ Subpoenas Major Law Firms in Trump Executive Order Dispute

The U.S. Justice Department has issued subpoenas to 14 major law firms seeking records and sworn testimony related to executive orders signed by President Donald Trump that targeted several prominent legal firms or...

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...