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Sat, May 30, 2026 06:29 AM All times are UTC

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Alibaba Stock Falls as Trump Administration Scrutinizes Apple AI Deal in China

May 19, 2025 05:53 am UTC| Technology Business

Alibaba shares dropped 3.8% to HK$118.60 on Monday, leading losses on the Hang Seng Index, which dipped 0.2%. The decline followed a New York Times report that the Trump administration is reviewing a major AI partnership...

Xiaomi Commits $6.9 Billion to Chip Design Over 10 Years

May 19, 2025 04:34 am UTC| Business Technology

Xiaomi (OTC:XIACF), a leading Chinese smartphone and electric vehicle manufacturer, plans to invest over 50 billion yuan (approximately $6.93 billion) into semiconductor chip design by 2031. The strategic initiative,...

Nvidia Eyes Major Quantum Leap with Investment in PsiQuantum

May 19, 2025 04:32 am UTC| Technology Business

Nvidia Corporation (NASDAQ:NVDA) is reportedly in advanced talks to invest in quantum computing startup PsiQuantum, signaling a major strategic move into next-gen computing, according to The Information. The deal would...

Seekapa Experts Break Down the FED’s Interest Rate Decision

May 19, 2025 04:26 am UTC| Business

On May 7, 2025, the U.S. Federal Reserve opted to keep its benchmark interest rate unchanged at a range of 4.25%4.5%, extending a pause that began in December. While the decision was widely expected, the tone of the...

Nvidia CEO Jensen Huang to Showcase AI Innovations at Computex 2025

May 19, 2025 02:45 am UTC| Business Technology

Nvidia CEO Jensen Huang is set to headline Computex 2025 in Taipei, with a 90-minute keynote on Monday at 11 a.m. local time (0300 GMT). Known for transforming Nvidia from a gaming graphics card maker into a dominant force...

Samsung SDI Cuts Share Issue Price by 17% Amid Market Slump

May 19, 2025 02:37 am UTC| Business

Samsung SDI has slashed the price of its new share issue by 17% following a sharp decline in its stock, triggered by broader market volatility and investor concerns over potential U.S. tariffs. The South Korean battery...

Nissan Considers Shutting Plants in Japan and Abroad Amid Global Restructuring

May 19, 2025 01:54 am UTC| Business

Nissan is reportedly weighing the closure of multiple vehicle assembly plants in Japan and overseas, including facilities in Mexico, South Africa, India, and Argentina, as part of a sweeping cost-cutting initiative....

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

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...

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...