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Tue, Aug 25, 2026 04:58 AM All times are UTC

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Tesla Stock Still a Buy Despite Delivery Concerns, Says Canaccord Genuity

| Business

Tesla Inc. (NASDAQ: TSLA) remains a Buy according to Canaccord Genuity, even as the stock faces ongoing pressure from macroeconomic challenges and brand concerns. The firm maintains its $404 price target, highlighting...

Apple Stock Soars 15% on Tariff Pause, Potential Exemption Hopes

| Business

Apple (NASDAQ:AAPL) shares surged over 15% on Wednesday following President Trumps announcement of a 90-day pause in reciprocal tariffs for all countries except China. While China will face a steep 125% tariff rate, other...

Occidental Petroleum Sees Stronger Oil, Gas Prices Ahead of Q1 Earnings

| Business

Occidental Petroleum (NYSE:OXY) reported higher oil and gas prices for the first quarter of 2025, signaling improved market conditions ahead of its official earnings release on May 8. The U.S. shale producer said average...

PacBio Cuts 120 Jobs Amid NIH Funding Reductions and Tariff Pressures

| Business

PacBio, a leading gene sequencing equipment maker, announced plans to cut approximately 120 jobs and reduce expenses in response to new tariffs and decreased funding from the National Institutes of Health (NIH). The...

DELETE: Nikkei Drops as Trade War Fears and Strong Yen Weigh on Markets: DELETE

| Business

Japans Nikkei 225 fell 1.8% to 37,096.51 by midday Tuesday, its lowest level since September 18, as investors grew cautious ahead of new U.S. tariffs on Canada, Mexico, and China. The Topix index dropped 1.2% to 2,696.99,...

ASIC puts payday lenders on notice they may be breaching the law

| Insights & Views Law Business Fund

Late last week, corporate watchdog the Australian Securities and Investments Commission (ASIC) issued a warning to lenders that provide high-fee small-amount loans known as payday lenders that they may be breaching...

Why build nuclear power in place of old coal, when you could have pumped hydropower instead?

| Insights & Views Business

Australias energy policy would take a sharp turn if the Coalition wins the upcoming federal election. A Dutton government would seek to build seven nuclear power plants at the sites of old coal-fired power stations. The...

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Economy

Fed Chair Warsh to Speak at Pivotal Jackson Hole Symposium Amidst Economic Headwinds

With Federal Reserve Chair Kevin Warsh presenting the opening speech on August 28, the approaching Jackson Hole Economic Policy Symposium set for August 2729 promises to be a major event in world economics. Renowned for...

US-Canada Tariff War Escalates With 50% Auto Duties

The U.S.-Canada trade war has intensified since President Donald Trump returned to office in January 2025, disrupting decades of economic cooperation and hitting industries including steel, aluminum, automobiles, lumber...

Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears

Unitree shares have plunged about 45% from their post-IPO highs, raising concerns about a potential robotics stock bubble, retail investor losses and weaknesses in Chinas listing system. The Chinese humanoid robot maker...

RBA Debated Rate Hike as Inflation Risks Persist

Reserve Bank of Australia policymakers considered raising interest rates by 25 basis points at their August meeting as concerns over persistent inflation competed with signs of weakening economic activity, according to...

Gold Hits Three-Month High as Treasury Moves Fuel Rally

Gold prices extended their strong rally on Tuesday, reaching a three-month high as investors weighed U.S. Treasury intervention in the bond market alongside escalating trade and geopolitical tensions. Spot gold (XAU/USD)...

Politics

UK, France Pledge Stronger Military Support for Ukraine

Britain and France pledged stronger military support for Ukraine on Monday, including faster air defence deliveries and access to classified missile technology, as Kyiv marked the 35th anniversary of its independence....

Pakistan, Iran Report Progress in Talks to End U.S.-Israeli War

Pakistan and Iran have reported significant progress in diplomatic talks aimed at preventing further escalation in the U.S.-Israeli war on Iran and finding a path toward a negotiated end to the conflict. Pakistans Interior...

New Zealand Labour Backs Social Media Ban for Under-16s

New Zealands main opposition Labour Party said Tuesday it will support a proposed social media ban for children under 16, giving Prime Minister Christopher Luxon a potential path to advance the legislation despite...

Netanyahu Says Iran Tried to Kill His Son

Israeli Prime Minister Benjamin Netanyahu said Monday that Iran attempted to assassinate one of his sons, adding another layer to heightened tensions between Israel and Tehran following months of conflict. Netanyahu made...

US Removes Syria From Terrorism Sponsor List

The United States has officially removed Syria from its list of state sponsors of terrorism, eliminating a major barrier to foreign investment and further strengthening Washingtons relationship with Syrias new government....

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

Trump Buys SpaceX Shares After Record IPO

President Donald Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed on August 12 and released Friday. The SpaceX investment was one of more than 1,000...

Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone

Chinese smartphone giant Xiaomi unveiled its new Xring O3 processor on Monday, advancing its strategy to develop proprietary chips and reduce dependence on external semiconductor suppliers such as Qualcomm and MediaTek....

Countries Tighten Social Media Bans for Children

Governments worldwide are tightening social media restrictions for children as concerns grow over online safety, mental health, addictive features and exposure to harmful content. Australia became the first country to...

New Zealand Moves to Ban Social Media for Children Under 16

New Zealands conservative coalition government is moving to restrict social media access for children under 16, with a new bill set to be introduced in Parliament on Monday. The proposed legislation would impose strict...

Nvidia Eyes Perplexity Investment at $30 Billion Valuation

Nvidia is reportedly in talks to invest in artificial intelligence startup Perplexity as part of a multibillion-dollar funding round that could value the AI company at more than $30 billion. The potential Nvidia investment...