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BYD Delays Mexico EV Plant Announcement Until After 2024 U.S. Presidential Election

Sep 04, 2024 14:59 pm UTC| Business Technology

BYD is holding off on announcing its new EV plant in Mexico until after the 2024 U.S. presidential election. The Chinese automaker, which recently set a new sales record, is waiting to see the political landscape before...

Intel Faces Potential Dow Jones Removal After 60% Stock Drop in 2024

Sep 04, 2024 14:55 pm UTC| Technology Business

Intels stock has plummeted nearly 60% this year, putting the company at risk of being removed from the Dow Jones Industrial Average. As Intel prepares a revival plan, the potential loss of this blue-chip status could...

NVIDIA Shares Plummet 10%, Losing $278 Billion Amid DOJ Antitrust Subpoena

Sep 04, 2024 14:39 pm UTC| Business Technology

NVIDIAs stock dropped 10% today, wiping out $278 billion in market value. Investors reacted to news of a Department of Justice antitrust subpoena, alongside concerns over the companys profit margins amid increasing chip...

Digital Currency Revolution

Solana ETF Approval 'Not Going to Happen,' Warns CF Benchmarks CEO, Citing Key Regulatory Gaps

Sep 03, 2024 22:58 pm UTC| Digital Currency Technology Business

CF Benchmarks CEO Sui Chung has dampened speculation about a Solana ETF approval, citing a lack of a regulated futures market as the key obstacle. This news has led to a 1.4% decline in SOLs price over the last 24...

Geely Takes on BYD with Sweet Deal: Low-Cost Xingyuan EV Launches with Ice Cream Test Drives

Sep 03, 2024 22:37 pm UTC| Technology Business

Geely is taking direct aim at BYD with its newly launched Xingyuan EV, a low-cost electric vehicle designed for city life. The launch comes with a unique promotion: free ice cream for test drivers, making this release as...

Digital Currency Revolution

Shiba Inu (SHIB) Price Stabilizes at Key Reset Point: Market Awaits Next Move

Sep 03, 2024 21:58 pm UTC| Digital Currency Technology Business

The price of Shiba Inu (SHIB) has reached a crucial reset point, leaving traders uncertain about the assets next direction. As volatility drops, the market stands at a crossroads. SHIB Hits Key Reset Point There has...

Digital Currency Revolution

Coinbase's CLO Hints at Potential Kamala Harris Support Amid Crypto Regulation Debate

Sep 03, 2024 21:41 pm UTC| Digital Currency Technology Business Politics

Coinbases Chief Legal Officer Paul Grewal has suggested that the exchange might lean toward supporting Vice President Kamala Harris as the crypto regulation debate intensifies. Coinbases Paul Grewal Hints at Political...

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Economy

Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs

The Port of Los Angeles handled a record amount of cargo in June as importers accelerated shipments ahead of higher fuel costs and new U.S. tariffs, highlighting continued strength in U.S. trade activity despite growing...

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

Politics

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Senate Weighs Permanent Daylight Saving Time Bill as Support Remains Uncertain

The U.S. Senate is reviewing legislation that would make daylight saving time permanent nationwide, but Senate Majority Leader John Thune said it remains uncertain whether the proposal has enough support to pass the...

Trump Slams New York Data Center Ban, Warns AI Investment Could Shift to Other States

U.S. President Donald Trump sharply criticized New Yorks new one-year moratorium on large-scale data center construction, arguing that the move will discourage investment, eliminate jobs, and weaken the states position in...

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

xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes

Elon Musks artificial intelligence company xAI has filed a federal lawsuit against a South Carolina man accused of using its Grok chatbot to generate child sexual abuse material (CSAM) and non-consensual explicit...

Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features

Apple has moved a step closer to launching Apple Intelligence in China after the countrys cyberspace regulator officially registered the companys on-device generative AI service for use on iPhones. The approval marks a...

Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI

Alibaba Group shares climbed about 5% in U.S. premarket trading on Wednesday after Chinese regulators approved Apples on-device artificial intelligence platform for launch in China, marking a major step for the iPhone...

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...
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