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Sat, Apr 11, 2026 02:27 AM All times are UTC

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Elon Musk Seeks Increased Tesla Ownership, Challenges Current Dynamics Amid EV Market Shift

Jan 16, 2024 11:16 am UTC| Technology

Elon Musk reportedly sold billions of dollars worth of Tesla shares in recent years to pay off his tax bills before acquiring the X social networking platform at a stratospheric valuation. Those equity liquidations are...

CEOs Believe Generative AI Can Boost Profitability, Study Suggests

Jan 16, 2024 10:40 am UTC| Technology

A recent study conducted by consultancy PwC, released ahead of the AI-themed World Economic Forum in Davos, sheds light on CEOs perspectives regarding the impact of generative AI on worker productivity and corporate...

IMF Says AI Can Unemploy 40% of Global Workforce

Jan 16, 2024 10:40 am UTC| Technology

International Monetary Fund (IMF) chief Kristalina Georgieva underscored the potential upheaval that artificial intelligence (AI) could bring to the global job market. Georgieva, ahead of the annual World Economic Forum...

Apple Allowed to Sell Modified Apple Watches Despite US Customs Import Ban

Jan 16, 2024 08:05 am UTC| Business Technology

Apple Inc. is allowed to sell Apple Watches despite the import ban in place. The U.S. Customs and Border Protection said the company may avoid the ban order as long as the smartwatches are the redesigned...

Microsoft Surpasses Apple as World's Largest Company by Market Cap, Fueled by AI Focus

Jan 16, 2024 06:46 am UTC| Business Technology

Microsoft has emerged as the worlds largest company by market capitalization, overtaking Apple. One of the key drivers behind this achievement is Microsofts unwavering commitment to generative artificial intelligence...

Apple Cuts iPhone Prices in China Amidst Growing Competition

Jan 16, 2024 06:41 am UTC| Business Technology

The renowned U.S. tech giant Apple is providing rare discounts on iPhones in China to counter increasing competitive pressure in the worlds largest smartphone market. Retail prices have been reduced by up to $70 to attract...

Can technology clean up our air? An atmospheric scientist got a glimpse of the future

Jan 16, 2024 03:56 am UTC| Technology

Every few years I visit CES (formerly the Consumer Electronics Show) in Las Vegas, a goliath event that is equal parts shameless spin and publicity, trade show and business conference. Im an atmospheric scientist, and I...

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Economy

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

Politics

Trump Vows to Reopen Strait of Hormuz Amid Historic Energy Crisis

President Donald Trump stated on Friday that the United States expects to reopen the Strait of Hormuz fairly soon, though he acknowledged the effort would not be straightforward. Speaking to reporters, Trump did not...

Trump's 250-Foot Triumphal Arch Design Unveiled for Washington D.C.

The Trump administration has officially released detailed renderings of a proposed 250-foot Triumphal Arch for Washington D.C., a landmark project aimed at commemorating the 250th anniversary of the United States. The...

Trump's Iran Ceasefire Deal: What Really Happened Behind the Scenes

President Donald Trumps ceasefire agreement with Iran almost came with a dramatic national televised address but senior White House advisers quietly shut the idea down. According to three U.S. officials who spoke to...

JD Vance Heads to Islamabad for High-Stakes U.S.-Iran Peace Talks

JD Vance is set to lead U.S. diplomatic negotiations with Iranian officials in Islamabad on Saturday, marking the first direct talks between the two nations since the war erupted on February 28. His involvement comes after...

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...