Asian Tech Stocks Climb on Alphabet Earnings and AI Optimism

Asian stock markets mostly advanced on Friday, driven by a rally in tech shares after Alphabets strong earnings and bullish AI outlook. The U.S. tech giant beat earnings expectations and reaffirmed its commitment to...

Oil Prices Inch Up but Face Weekly Loss on OPEC+, Geopolitical Developments

Oil prices edged higher early Friday but remained on track for a weekly decline amid rising supply prospects and mixed signals on global demand. Brent crude futures rose 5 cents to $66.60 a barrel, while U.S. West Texas...

AI Stock Rally Lifts Futures as Alphabet Leads Tech Surge

U.S. stock index futures rose Thursday evening, driven by strong earnings from Alphabet Inc. and renewed investor enthusiasm for artificial intelligence (AI) and tech stocks. Alphabet (NASDAQ:GOOGL) jumped nearly 5% in...

BoJ Rate Hike Odds Rise as Tokyo Inflation Surges Beyond Expectations

Tokyos consumer inflation surged in April, reinforcing expectations that the Bank of Japan (BoJ) may raise interest rates sooner than anticipated. According to ING analysts, a sharper-than-expected rise in Tokyos core...

Japan Unveils Emergency Economic Plan to Offset U.S. Tariff Impact

Japanese Prime Minister Shigeru Ishiba announced on Friday a new emergency economic package aimed at cushioning households and industries from the effects of recent U.S. import tariffs. The relief plan, outlined in a...

Moon Jae-in Criticizes Prosecutors Amid Bribery Indictment

Former South Korean President Moon Jae-in accused the countrys prosecutors of political bias and abuse of power following his recent indictment on bribery charges. Speaking on Friday during a meeting with National Assembly...

Pentagon Removes Advisory Members Amid Strategic Shift

U.S. Defense Secretary Pete Hegseth has dismissed several members of Department of Defense advisory committees following a comprehensive 45-day internal review, according to a statement released Thursday by Pentagon...

Russia Uses North Korean Missile in Kyiv Strike, Killing 12

Ukrainian President Volodymyr Zelenskiy confirmed that a North Korean ballistic missile was used by Russia in a deadly airstrike on Kyiv, killing 12 civilians. The missile, identified as a KN-23 (KN-23A), hit a residential...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Chinese AI Startup Behind Manus Raises $75M, Targets Global Expansion

Chinese AI startup Butterfly Effect, the creator of Manus AI, has raised $75 million in a funding round led by U.S.-based venture capital firm Benchmark, according to a Bloomberg report citing sources familiar with the...

Intel Sees Surge in Older Chip Demand Amid U.S.-China Trade War Fears

Intel (NASDAQ: INTC) is experiencing a rise in demand for its older-generation PC and server chips as the U.S.-China trade war intensifies, executives revealed after the companys latest earnings release. Economic...

Baidu Launches Advanced Ernie AI Models to Compete in China’s Growing AI Race

Baidu (NASDAQ:BIDU) has launched upgraded versions of its Ernie artificial intelligence models, intensifying its push in Chinas fast-evolving AI landscape. At a developer conference held in Wuhan, CEO Robin Li introduced...

South Korea Flags DeepSeek for Unauthorized Data Transfers to China and U.S.

South Koreas Personal Information Protection Commission (PIPC) has accused Chinese AI startup DeepSeek of transferring personal user data and prompt content without consent during its app launch in January 2025. The PIPC...