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Meta Unveils Orion AR Glasses, New AI Chatbots, and Quest Headset at Annual Connect Conference

Sep 26, 2024 07:15 am UTC| Economy

Meta Platforms (NASDAQ:META), the parent company of Facebook, revealed its first augmented reality (AR) glasses prototype, Orion, during its annual Connect conference Wednesday. CEO Mark Zuckerberg introduced the device,...

Micron Reports Strong Earnings, Driven by AI Chip Demand; Shares Surge

Sep 26, 2024 05:33 am UTC| Economy

Micron Technology Inc. (NASDAQ: MU) reported stronger-than-expected results for its fiscal fourth quarter on Wednesday, driven by surging demand for memory chips used in artificial intelligence (AI) applications. The...

Platinum Asset Management Rejects $420 Million Takeover Bid from Regal Partners

Sep 26, 2024 04:41 am UTC| Economy

Australias Platinum Asset Management has declined a non-binding takeover proposal from Regal Partners that valued the fund manager at about A$616.5 million ($420.76 million). The bid, disclosed on September 17, offered...

Stocks Slip as Fed Signals and Key Inflation Data Loom: Nvidia Rallies, Meta Unveils AR Push

Sep 26, 2024 03:18 am UTC| Economy

The SP 500 fell on Wednesday as investors paused to assess the recent market rally, with a focus on upcoming inflation data and potential signals from the Federal Reserve regarding interest rate policy. Nvidia...

China’s Aggressive Monetary Easing Misses Key Challenge: Weak Consumer Demand Threatens Growth

Sep 25, 2024 22:00 pm UTC| Economy

Chinas latest monetary easing policies have failed to address the economys core challenge: persistently low consumer demand. While liquidity injections by the Peoples Bank of China have boosted market sentiment, analysts...

Australia Inflation Drops to 3-Year Low in August, Core Rate Remains Above Target

Sep 25, 2024 21:48 pm UTC| Business Economy

Australias consumer inflation reached a three-year low in August, driven by falling diesel prices and electricity rebates. Despite this, core inflation remains above the Reserve Bank of Australias 2-3% target, complicating...

Global Geopolitics Series

바이든의 자동차 기술 금지, 중국 전기차 견제하는 강력한 무기

Sep 25, 2024 02:45 am UTC| Economy Business

바이든 행정부가 중국의 커넥티드카 기술을 금지하는 제안을 내놓으며, 저가의 중국 전기차(EV) 공세에 대응하기 위한 가장 강력한 무기를 제시했다. 미 상무부는 월요일(현지시간), 하드웨어와 소프트웨어에 대한 금지를 발표하며,...

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Economy

Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market

Gold prices declined sharply on Monday despite a weaker U.S. dollar, as renewed Middle East tensions and expectations for higher U.S. interest rates continued to pressure the precious metal. Investors also shifted their...

Oil Prices Slip as U.S.-Iran Peace Talks and Strait of Hormuz Risks Keep Markets on Edge

Oil prices edged lower during early Asian trading on Tuesday as investors weighed the possibility of renewed diplomatic talks between the United States and Iran against ongoing concerns over potential supply disruptions in...

Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets

The U.S. dollar weakened on Monday after posting two consecutive weeks of gains that pushed it to its highest level since mid-May 2025, as investors shifted their attention to a busy week of U.S. labor market data that...

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Yen Falls to 40-Year Low as Markets Watch Japan Intervention and U.S. Jobs Report

The Japanese yen remained under heavy pressure on Tuesday, falling to its weakest level against the U.S. dollar since 1986, fueling speculation that Japanese authorities could soon step into the foreign exchange market to...

Politics

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Israeli Airstrike Kills Three in Central Gaza Despite Ceasefire

An Israeli airstrike killed three Palestinians, including a child, in central Gaza on Monday, according to Gazas health ministry, highlighting continued violence despite a U.S.-mediated ceasefire that has officially been...

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

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...
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