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Tesla Robotaxi Launch in Austin Sparks 8% Stock Surge

Jun 24, 2025 01:07 am UTC| Business Technology

Tesla (NASDAQ: TSLA) shares jumped 8.2% to $348.63 on Monday after launching its highly anticipated Robotaxi service in Austin, Texas. The pilot program, using 10 to 20 Model Y vehicles, operates in geo-fenced zones and...

Tesla Launches Robotaxi Service in Austin, Fueling AI-Driven Mobility Vision

Jun 23, 2025 08:20 am UTC| Business Technology

Tesla (NASDAQ:TSLA) has officially launched its highly anticipated Robotaxi service in Austin, Texas, deploying 10 to 20 Model Y vehicles within geo-fenced zones. The service currently excludes airport routes and features...

Holcim Shares Surge 14% After Amrize Spin-Off and Dual Listing

Jun 23, 2025 08:18 am UTC| Business

Holcim (SIX:HOLN) shares soared 14% on Monday following the successful spin-off of its North American operations, now operating as a separate entity named Amrize. The move marks a significant structural shift for the Swiss...

Hellobike, Ant Group & CATL Launch $417 M Robotaxi Venture in Shanghai

Jun 23, 2025 04:22 am UTC| Business

Chinas bike-sharing giant Hellobike has teamed up with fintech powerhouse Ant Group and battery leader CATL to create a new robotaxi company aimed at accelerating Level 4 autonomous-driving adoption. Filed in Shanghai on...

Xiaomi to Unveil YU7 Electric SUV, Open Orders This Week

Jun 23, 2025 02:14 am UTC| Business

Xiaomi CEO Lei Jun announced that the company will officially launch its new YU7 electric SUV this Thursday. The announcement was made via Leis Weibo account, where he confirmed that the event will reveal pricing details...

Global Airlines Suspend Middle East Flights Amid Rising Iran Conflict Risks

Jun 23, 2025 01:26 am UTC| Business

Global airlines are suspending flights to the Middle East after the United States launched strikes on Iranian nuclear facilities, escalating regional tensions. On Sunday, Singapore Airlines canceled flights from Singapore...

Maersk Keeps Hormuz Route Open Amid U.S.–Iran Tensions

Jun 22, 2025 13:04 pm UTC| Business

A.P. MollerMaersk will keep its container ships moving through the Strait of Hormuz even after overnight U.S. strikes on Iranian nuclear sites. In a Sunday statement, the Danish logistics giant said it is continuously...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....