Discover the latest trending topics, viral news, and popular updates from around the world.
Asian chip shares tumbled Friday in a broad market pullback triggered by Nvidia’s overnight slump, shaking investor confidence despite the US chipmaker’s stronger than expected earnings and optimistic guidance. SoftBank, a key player in global semiconductor and AI investments, led the downturn with a double digit fall that rattled Tokyo markets. The selloff unfolded hours … Read more
Wall Street could still finish the year on a high note, even as technology stocks struggle and the artificial intelligence slump deepens. The Nasdaq Composite slid 0.84 percent on Monday as major tech names, including Apple, Meta and Oracle, all declined more than one percent. Nvidia, a bellwether for AI growth, dropped nearly two percent ahead … Read more
SAN FRANCISCO — Every company, including tech giants like Google, could face consequences if the current artificial intelligence (AI) investment boom collapses, Sundar Pichai, chief executive of Google’s parent company Alphabet, told the BBC in an exclusive interview. Pichai described the AI growth surge as an “extraordinary moment,” but cautioned that some “irrationality” had emerged … Read more
Iran’s Islamic Revolutionary Guard Corps confirmed Friday that it had seized the Marshall Islands flagged tanker Talara in the Strait of Hormuz, a strategic waterway through which roughly one fifth of the world’s traded oil passes. The vessel, which was en route from the United Arab Emirates to Singapore, was reportedly carrying high sulphur gasoil, … Read more
WASHINGTON — The US Treasury Department on Friday issued licenses that permit potential buyers to negotiate the purchase of Russia’s Lukoil foreign assets, even as the company remains under sweeping sanctions. The decision comes amid growing international concern over the impact of Russian oil sanctions on global energy markets. The US imposed sanctions on Lukoil … Read more
The federal government is open again, but the air traffic controller shortage that burdened the nation’s aviation network during the shutdown is far from resolved. Transportation Secretary Sean Duffy warned this week that the monthlong disruption could worsen staffing gaps that have already strained airports and delayed travelers nationwide. “We need more of them to … Read more
A single ticket sold in Georgia matched all six Mega Millions winning numbers in the Friday, Nov. 14 drawing, bringing an end to the game’s longest streak without a jackpot winner since its launch in 2002. The winning ticket claimed an estimated $980 million prize, according to lottery officials. The winning numbers were 1, 8, … Read more
WASHINGTON — The US South Korea shipbuilding investment and subs trade deal was unveiled Friday as the two governments released detailed terms of a sweeping economic and security agreement that includes a South Korean pledge to invest $150 billion in American shipbuilding and another $200 billion in broader industrial sectors. The announcement followed months of … Read more
US stocks closed lower Thursday as major indexes retreated on renewed Fed rate cut worries, with the Nasdaq Composite posting the sharpest losses. The Dow Jones Industrial Average, S&P 500 and Nasdaq all fell throughout the session as investors digested mixed economic data and shifting expectations for central bank policy. Concerns intensified after President Trump … Read more
Blue Origin achieved a key milestone Thursday after landing the booster for its New Glenn launcher for the first time, marking a significant advancement in the company’s push to compete more directly in the reusable rocket sector dominated by SpaceX. The test, which featured the Blue Origin reusable rocket lifting off from Cape Canaveral and … Read more
