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AMD Ryzen 7 9700X "Zen 5" CPU Outperforms Ryzen 7 7800X3D in Gaming by 2%

Jul 16, 2024 02:39 am UTC| Technology

It has been said that AMDs next Ryzen 7 9700X Zen 5 central processing unit will be 2% faster on average in games compared to the Ryzen 7 7800X3D 3D V-Cache processor. AMDs Ryzen 7 9700X central processing unit (CPU) is...

NVIDIA Could Reach $50 Trillion Market Cap in a Decade, Predicts Early Tesla Investor

Jul 16, 2024 02:28 am UTC| Technology

Anderson currently runs the Lingotto Investment Management fund, worth $650 million. He believes that if the AI hype continues at this pace, NVIDIA will witness almost a 1500% increase in market cap over the decade,...

Digital Currency Revolution

Spot Ethereum ETF Launch Could See Ether Outperform Bitcoin, Says Kaiko Analysis

Jul 15, 2024 23:37 pm UTC| Digital Currency Technology

Kaikos new research indicates that the launch of spot Ethereum ETFs in the U.S. could lead to Ether outperforming Bitcoin, driven by market depth and institutional demand. Ether-Bitcoin Price Ratio on the Rise New...

Digital Currency Revolution

Donald Trump Selects Crypto-Friendly JD Vance as 2024 Vice Presidential Running Mate

Jul 15, 2024 23:11 pm UTC| Digital Currency Technology

Donald Trump has announced Senator JD Vance as his running mate for the 2024 presidential election, highlighting a crypto-friendly platform. Trump and Vance: A Crypto-Friendly Duo Donald Trump, a potential 2024...

Tesla Shareholders Urge Increased Security Budget for Elon Musk

Jul 15, 2024 22:28 pm UTC| Technology

Tesla shareholders have formally requested an increase in the security budget for CEO Elon Musk, citing recent threats against him. This comes after Musk highlighted incidents involving armed individuals targeting him in...

Tesla Giga Berlin Faces Union Tensions and Missing Mugs Issue

Jul 15, 2024 22:22 pm UTC| Technology

Teslas Gigafactory Berlin-Brandenburg is grappling with significant union pressure following its recent Works Council election and an unusual issue involving the disappearance of 65,000 coffee mugs. At a staff meeting...

Apple Launches First iOS 18 and iPadOS 18 Public Betas for Testing

Jul 15, 2024 22:17 pm UTC| Technology

On July 15, Apple released the first beta versions of iOS 18 and iPadOS 18 to public beta testers. This marks the first time that the new software has been made available to the general public since the January Worldwide...

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Economy

Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High

Gold prices held steady during Asian trading on Wednesday, maintaining a positive tone ahead of the U.S. Federal Reserves widely anticipated interest rate cut. Both spot gold and gold futures saw mild gains, with spot...

Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen

Asian stock markets retreated on Wednesday as investors turned cautious ahead of a closely watched U.S. Federal Reserve interest rate decision. Markets across the region tracked mild overnight losses on Wall Street, where...

ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines

The Asian Development Bank (ADB) has approved a $400 million policy-based loan designed to support the Philippines push to improve its business environment and attract more foreign investment. Although the country remains...

Global Forex Markets Brace for Fed Decision as Yen Extends Weakness

The Japanese yen continued to struggle on Wednesday, slipping further as investors remained focused on the widening interest rate gap between Japan and other major economies. Despite expectations that the Bank of Japan...

Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand

Silver prices skyrocketed to an all-time high on Wednesday, breaking above $60 an ounce as tightening supply expectations and stronger investor interest pushed the white metal to outperform gold. In early trading, spot...

Politics

China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs

China has taken a major step to reinforce its domestic semiconductor industry by adding locally developed artificial intelligence chips to an official government procurement list for the first time, according to a report...

Musk Says Trump’s DOGE Initiative Fell Short and He Wouldn’t Lead It Again

Tesla CEO Elon Musk reflected on his time leading U.S. President Donald Trumps Department of Government Efficiency (DOGE), acknowledging that the initiative achieved only limited success. Speaking on a podcast with former...

US Criticizes China After Radar Incident Escalates Tensions With Japan

The United States has publicly criticized China for the first time after Chinese fighter jets reportedly aimed their radars at Japanese military aircraft during a training exercise near Okinawa last week. The incident,...

Australia Pushes Forward on AUKUS Submarine Program Amid Workforce and Production Challenges

Australia is intensifying efforts to advance the AUKUS nuclear submarine program, with Defence Minister Richard Marles stressing that the nation is being very self-critical as it works to overcome key challenges,...

Bolsonaro’s Defense Requests Hospital Transfer and Humanitarian House Arrest

Defense lawyers for former Brazilian President Jair Bolsonaro have formally requested that he be transferred from jail to a hospital to undergo surgical procedures, according to a document reviewed by Reuters. The legal...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute

The General Court of the European Union has significantly reduced Intels antitrust fine, lowering it from the previously imposed 376 million to 237.1 million ($438 million to $276 million). The ruling, issued Wednesday,...

EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies

EssilorLuxottica is doubling down on smart eyewear innovation, with its Ray-Ban Meta glasses delivering their first meaningful revenue boost since launch. These AI-powered frames, developed with Meta, aim to redefine...

Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market

Microsoft has announced more than $23 billion in new global artificial intelligence investments, with the majority directed toward India as the tech giant accelerates its presence in one of the worlds fastest-growing...

Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns

The Trump administration is facing strong backlash from China hawks and Democratic lawmakers after authorizing Nvidia, AMD, and Intel to sell advanced AI chipsspecifically Nvidias H200to China. President Donald Trump...

SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation

SpaceX is reportedly moving forward with early plans for a massive initial public offering that could raise more than $30 billion, potentially making it the largest IPO in history. According to a Bloomberg News report...