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‘TA 35 Breaks Records!’ Israel Stocks Soar Amid Phoenix Holdings’ Stunning 4.31% Surge: Who’s Winning and Losing?

Dec 08, 2024 21:19 pm UTC| Economy

Israels stock market closed higher on Sunday, with the TA 35 index surging 0.95% to reach a new all-time high. Gains in the insurance, real estate, and technology sectors propelled the market, reflecting investor...

US under Trump Series

‘Trump Targets Big Tech on Fentanyl!’ Google and Meta Caught in Drug Sales Scandal Talks: What They’re Hiding?

Dec 08, 2024 21:17 pm UTC| Politics Economy

President-elect Donald Trumps transition team is taking aim at tech giants over the rampant online sale of illegal drugs. In a push to address the ongoing fentanyl crisis, representatives for Trumps team have invited...

‘Activist Takeover:’ Five9 Faces Boardroom Shake-Up as Anson Funds Gains the Upper Hand in High-Stakes Deal

Dec 08, 2024 21:14 pm UTC| Economy

U.S. call center software company Five9 Inc. is close to reaching a settlement with Anson Funds Management following months of pressure from activist investors. Sources familiar with the matter revealed that the agreement,...

‘Microsoft’s UAE AI Deal Sparks Security Fears:’ U.S. Clears Advanced Chip Export Amid Controversy

Dec 08, 2024 21:10 pm UTC| Economy Technology

The U.S. government has granted approval for the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United Arab Emirates (UAE), marking a significant step in Microsofts...

‘Trump Tariffs Spark Global Shockwaves!’ Wells Fargo Warns of 2025 Economic Slowdown: ‘The Ripple Effects Are Real

Dec 08, 2024 21:03 pm UTC| Politics Economy

The global economy faces a transformative year in 2025 as President-elect Donald Trump prepares to implement sweeping tariffs, ushering in a new era of trade policies. Wells Fargos recent economic forecast outlines the...

‘Powell Stays, But Will Trump Let Him Lead?’ Drama Unfolds as Interest Rate Clash Looms Large

Dec 08, 2024 21:00 pm UTC| Politics Economy

President-elect Donald Trump has confirmed that Federal Reserve Chair Jerome Powell will not be removed from his position when Trump assumes office in January. However, Trumps comments during an NBC interview suggest the...

US under Trump Series

Trump's Trade Tariffs: Disinflation or Economic Crisis Brewing in Europe's Fragile Economy?

Dec 08, 2024 12:52 pm UTC| Economy

As Donald Trump hints at renewed US tariffs, Citi economists suggest potential disinflationary impacts on the Eurozone. With limited pass-through from import prices and weakened growth forecasts, the already-fragile...

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Economy

Norway Core Inflation Rises to 3% in August

Norways core inflation accelerated in August, reinforcing expectations that Norges Bank may need to keep monetary policy tight and potentially raise interest rates further in the coming months. Data released Thursday by...

German Inflation Accelerates to 2.9% in August

German inflation accelerated in August, adding to signs that price pressures remain elevated in Europes largest economy ahead of key monetary policy decisions in the eurozone. Germanys harmonised consumer price inflation...

Asian Currencies Steady as Yen Holds Firm, Oil Tops $100

Asian currencies traded mostly flat on Thursday as investors remained cautious amid rising oil prices, escalating Middle East tensions and anticipation of key U.S. inflation data. The Japanese yen stayed near recent highs...

Fitch Eyes Japan Budget for Fiscal Discipline

Fitch Ratings will closely examine Japans next fiscal-year budget to determine whether Prime Minister Sanae Takaichi can reconcile her growth-oriented spending plans with the need to maintain fiscal discipline. Jeremy...

ECB Rate Hike in Focus as Oil Tops $100

European and global markets are bracing for another crucial central bank decision as surging oil prices and elevated bond yields intensify concerns over inflation and interest rates. The European Central Bank is expected...

Politics

Trump Expects Iran War to End After U.S. Midterms

President Donald Trump said he expects the U.S.-Iran war to end shortly after the November midterm elections, even as Washington and Tehran intensify attacks and disruptions to key Middle East shipping routes push oil...

Iran Attacks 10 Ships as Hormuz Conflict Escalates

Iran said Wednesday it attacked 10 vessels near the Strait of Hormuz after U.S. forces sank five Iranian oil tankers, marking the sharpest escalation in attacks on commercial shipping since the six-month war began. The...

Russian Drone Strike on Sumy Shopping Centre Kills Two

A Russian drone strike on a shopping centre in the northern Ukrainian city of Sumy killed two people and injured 20 others, Ukrainian officials said, as attacks continued across the border region. Sumy Regional Governor...

Trump’s Iran War Draws ‘Forever War’ Comparisons

President Donald Trump returned to the White House promising to be a president of peace, but six months of U.S.-Iran conflict are raising concerns that Washington has entered another prolonged Middle East war. As the 25th...

CIA Chief Ratcliffe May Take Bigger Role in Ukraine Peace Talks

CIA Director John Ratcliffe could take on a larger role in U.S.-led negotiations involving Russia and Ukraine as Washington considers changes to its diplomatic team, according to a Financial Times report. U.S. officials...

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

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...

TSMC August Revenue Jumps 53% on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp increase in August revenue as booming demand for artificial intelligence chips continued to fuel growth at the worlds largest contract semiconductor...

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...
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