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Tue, Sep 08, 2026 09:57 AM All times are UTC

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Chinese Stocks Rise on AI Optimism Despite Economic Concerns

Feb 14, 2025 02:37 am UTC| Economy Technology

Mainland Chinese stocks gained momentum as optimism over artificial intelligence (AI) surged following the release of DeepSeek. Analysts at Morgan Stanley (NYSE:MS) noted that investor sentiment was lifted by Chinas AI...

Arm Expands Into Chip Sales, Competing With Major Customers

Feb 14, 2025 02:36 am UTC| Technology Business

Arm is making bold moves to enter the chip market, directly competing with its customers, including Qualcomm and Nvidia. The UK-based semiconductor giant, traditionally known for licensing intellectual property to firms...

Tesla Cybertruck Crash Raises Safety Concerns Over Full Self-Driving Technology

Feb 14, 2025 02:35 am UTC| Technology Business

A Tesla (NASDAQ: TSLA) Cybertruck crash in Reno, Nevada, has intensified concerns over the safety of the companys Full Self-Driving (FSD) technology. The vehicle, operating in self-driving mode, failed to merge properly,...

Trump Considers Extending TikTok Ban Deadline but Hopes for U.S. Deal

Feb 14, 2025 02:33 am UTC| Technology Politics

U.S. President Donald Trump suggested he might extend the 75-day delay on enforcing a ban on TikTok but believes a deal will be reached to keep the app in the U.S. The ban stems from a law requiring its Chinese owner,...

Apple to Restore TikTok on App Store Following U.S. DOJ Letter

Feb 14, 2025 02:31 am UTC| Technology Business

Apple Inc. (NASDAQ:AAPL) will reinstate TikTok on its App Store after receiving a letter from the U.S. Department of Justice, Bloomberg reported. The move comes after U.S. Attorney General Pam Bondi urged Apple to restore...

Anthropic Projects $34.5B Revenue by 2027 Amid AI Boom

Feb 13, 2025 05:42 am UTC| Technology Business

Anthropic, a leading AI startup, is projected to generate up to $34.5 billion in revenue by 2027, according to a report from The Information. The companys base case scenario forecasts $12 billion in revenue, a sharp rise...

DeepSeek’s AI Models Boost Huawei’s Competitiveness in China’s Chip Market

Feb 13, 2025 05:42 am UTC| Technology

DeepSeeks artificial intelligence (AI) models are giving Chinese chipmakers like Huawei a competitive edge against U.S. processors, particularly in AI inference tasks. Unlike Nvidias powerful chips designed for training AI...

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Economy

Asian Stocks Mixed as Korean Chipmakers Rally

Asian stocks traded mixed on Tuesday as strong gains in South Korean semiconductor shares boosted the regions technology sector, while rising oil prices, higher U.S. Treasury yields and expectations for tighter monetary...

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

US Stock Futures Mixed as Fed Rate Hike Bets Rise

U.S. stock futures traded mixed Tuesday as Wall Street returned from the Labor Day holiday, with investors weighing stronger employment data, rising oil prices and growing expectations that the Federal Reserve could raise...

China Exports Surge 25% in August as Trade Surplus Hits $119 Billion

Chinas exports posted another strong increase in August, while imports exceeded market expectations, highlighting resilient trade activity despite signs of weakness in the worlds second-largest economy. Official customs...

Politics

Trump Threatens Bombardier U.S. Sales Ban

U.S. President Donald Trump threatened to block Canadian aircraft maker Bombardier from selling planes in the United States unless the company expands its manufacturing operations in the country, escalating tensions...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...

Cuba Says No US Talks as Blockade Costs Hit $8.1 Billion

Cubas foreign minister said Monday that no negotiations with the United States are currently taking place and there are no plans for future talks, as Havana blamed Washingtons decades-old trade embargo for more than $8...

Bolivia Military Barracks Explosion Kills Nine

Bolivian authorities confirmed on Monday that the death toll from an explosion at a military barracks in Viacha has risen to nine, while rescue teams continue searching for people still missing after the deadly blast. The...

Iran Threatens US With ‘Economic Warfare’ as Gulf Tensions Rise

Iran threatened the United States with economic warfare on Tuesday and claimed it had launched an advanced ballistic missile toward U.S. warships, raising concerns about another escalation in the six-month conflict. The...

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

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...

Nvidia CEO Says AGI Has Arrived With OpenAI GPT-6 Astra

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has declared that artificial general intelligence, or AGI, has arrived, pointing to OpenAIs newly launched GPT-6 Astra as a major milestone in the accelerating development of...

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...