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Venture Global LNG Raises $1.75 Billion in IPO Amid Adjusted Valuation

Jan 24, 2025 03:29 am UTC| Economy Business

Venture Global LNG has successfully raised $1.75 billion through its U.S. IPO after pricing 70 million shares at $25 each. The offering was adjusted from an initial plan of 50 million shares priced at $40 to $46 to a...

Trump Issues Order to Solidify U.S. Dominance in AI Innovation

Jan 24, 2025 03:06 am UTC| Technology Business Politics

President Donald Trump signed an executive order on Thursday to reinforce the United States as a global leader in artificial intelligence (AI). The directive aims to advance innovation by removing regulatory barriers while...

Rivian to Revolutionize Driving with 2025 Hands-Free Tech

Jan 24, 2025 03:04 am UTC| Technology Business

Electric vehicle maker Rivian (NASDAQ:RIVN) plans to roll out advanced hands-free driver assistance systems in 2025 and eyes-off technology in 2026, CEO RJ Scaringe announced. These innovations aim to provide significant...

OpenAI, SoftBank, and Oracle Unite for Exclusive AI Data Centers in the U.S.

Jan 24, 2025 03:01 am UTC| Technology Business

Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These centers will solely...

Tesla Unveils Revamped Model Y with March Deliveries

Jan 24, 2025 03:01 am UTC| Technology Business

Tesla (NASDAQ:TSLA) has introduced an updated version of its popular Model Y, starting at $59,990. The revamped Model Y long-range variant promises enhanced features and performance, with deliveries scheduled to begin in...

Mitsubishi Motors May Skip Nissan-Honda Merger, Focus on Asia

Jan 24, 2025 03:00 am UTC| Business

Japans Mitsubishi Motors (OTC:MMTOF), a key partner of Nissan (OTC:NSANY), may opt out of the proposed merger between Nissan and Honda (NYSE:HMC), sources revealed on Friday. The merger, aimed at creating the worlds...

Boeing Stock Drops as Q4 Loss Widens Beyond Expectations

Jan 24, 2025 02:59 am UTC| Business

Boeing Co. (NYSE:BA) saw a 1% decline in after-hours trading Thursday after releasing its preliminary fourth-quarter results, which revealed a deeper-than-expected loss. The airplane manufacturer cited challenges from...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Russia Signals Frustration Over Unfulfilled U.S. Commitments After Alaska Summit

Russia has intensified its criticism of the United States, accusing Washington of failing to honor key understandings reached between Russian President Vladimir Putin and U.S. President Donald Trump during their Alaska...

Trump Highlights Manufacturing Agenda in Pennsylvania as Midterm Elections Approach

U.S. President Donald Trump returned to the campaign trail on Tuesday with a visit to Pennsylvania, a crucial battleground state, as he sought to strengthen support ahead of the November midterm elections. Speaking at a...

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

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average

Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...