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...

EU, U.S. Struggle to Finalize Tariff Deal as Fears Over Chinese Goods Rise

The United States and the European Union are still far from reaching a deal to prevent new tariffs, EU Economic Commissioner Valdis Dombrovskis said during the IMF meetings in Washington. The U.S. imposed 25% tariffs on EU...

Marcos Orders Probe Into Alleged Chinese Interference in Philippine Elections

Philippine President Ferdinand Marcos Jr. has ordered a full investigation into alleged Chinese interference in the countrys upcoming May elections, following alarming reports from top security officials. Presidential...

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...

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

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...

Adobe Expands Firefly with AI from OpenAI and Google, Launches Mobile App

Adobe (NASDAQ:ADBE) is expanding its Firefly generative AI service by integrating image-generation models from OpenAI and Google (NASDAQ:GOOGL), while also making the app available on mobile devices. This move...

Nintendo Switch 2 Sees Surging Demand with 2.2 Million Lottery Applications in Japan

Nintendo has revealed that over 2.2 million people have entered a lottery for the new Switch 2 console in Japan, signaling overwhelming demand ahead of its June 5 launch. The company admitted it cannot fulfill all orders...