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Nvidia, Facebook Urge Supreme Court to Dismiss Investor Fraud Lawsuits

Nov 05, 2024 00:24 am UTC| Technology Business Law

Nvidia and Facebook have petitioned the U.S. Supreme Court to dismiss securities fraud class action lawsuits against them. The tech giants argue that allowing these suits to proceed could significantly alter how private...

Suzuki Debuts First Electric SUV Bound for Toyota with New Branding and Cutting-Edge Design

Nov 05, 2024 00:00 am UTC| Technology Business

Suzuki has launched the e Vitara, its first-ever electric SUV, designed to be a game-changer as it heads to Toyotas global lineup with unique branding. Powered by a specialized eAxle and ALLGRIP-e AWD, the e Vitara stands...

Digital Currency Revolution

XRP Surges on Bullish RSI Divergence; Testing Critical Resistance Levels

Nov 04, 2024 23:33 pm UTC| Digital Currency Technology Business

XRPs price surged past $0.50 today, driven by a bullish divergence on the Relative Strength Index (RSI), marking a pivotal movement that could define its next trajectory. Traders are eyeing resistance near the 50-day...

Digital Currency Revolution

Michigan Pension Fund Leads in Ethereum ETF Holdings With New $11M Investment

Nov 04, 2024 23:19 pm UTC| Digital Currency Technology Business Politics

In a strategic expansion into crypto, Michigans state pension fund acquired $11 million in Ethereum via ETH ETFs, positioning itself among Grayscales largest Ethereum ETF shareholders and underscoring its confidence in...

Digital Currency Revolution

Shiba Inu Whales Amass 2.34 Trillion SHIB in 24 Hours: Preparing for a Rebound?

Nov 04, 2024 22:59 pm UTC| Digital Currency Technology Business

Shiba Inus recent on-chain data reveals an uptick in whale activity, with 2.34 trillion SHIB moved in major transactions within 24 hours. While SHIBs price remains steady, the consistent interest from large holders...

Tesla's First Philippine Store Opens Nov. 9, Bringing EV Sales to Manila's Uptown Bonifacio

Nov 04, 2024 18:25 pm UTC| Technology Business

Tesla will open its first store in the Philippines on Nov. 9, expanding its presence in Southeast Asia with a location in Manilas Uptown Bonifacio. The stores debut marks Teslas latest effort to boost electric vehicle...

Westpac Profit Dips 3% as CEO Departs, Eyes Interest Rate Cuts to Boost Lending

Nov 04, 2024 18:21 pm UTC| Business

Westpac Banking Corp. reported a 3% decline in annual net profit, reaching A$6.99 billion, but remains optimistic that anticipated interest rate cuts will spur demand for loans by 2025. CEO Peter King, who is stepping...

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Economy

Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment

Oil prices moved higher in Asian trading on Thursday as ongoing geopolitical tensions between the United States and Iran kept a risk premium firmly embedded in crude markets. Investors closely monitored developments in the...

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Politics

Zelenskiy Signals Support for U.S. Peace Plan as Trump Pushes Russia-Ukraine War Deal

Ukrainian President Volodymyr Zelenskiy has reaffirmed Kyivs willingness to support U.S.-led peace proposals aimed at ending the Russia-Ukraine war, as President Donald Trump intensifies efforts to broker a resolution...

Australian Liberal Party to Elect New Leader After Sussan Ley Loses Party Room Vote

Australias Liberal Party is set to elect a new leader after opposition leader Sussan Ley lost a crucial party room vote, according to a report by the Australian Broadcasting Corporation (ABC) on Friday. The leadership...

Robert F. Kennedy Jr. Announces Key Leadership Changes at HHS in Major Department Restructuring

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. has announced significant changes to his management team as part of a broader restructuring effort within the department. The leadership updates,...

Tarique Rahman Poised to Become Bangladesh Prime Minister After Landmark Election Victory

Tarique Rahman is on the brink of becoming Bangladeshs next prime minister, marking a dramatic political comeback less than two months after returning from nearly 20 years in self-imposed exile in London. According to...

Trump Urges Pardon for Netanyahu Amid Ongoing Corruption Trial

U.S. President Donald Trump has renewed calls for Israeli Prime Minister Benjamin Netanyahu to receive a presidential pardon over his ongoing corruption trial, criticizing Israeli President Isaac Herzog for not taking...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...