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Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats
The U.S. and Iran remain deadlocked on a deal to extend their ceasefire and reopen the Strait of Hormuz, but reports indicate that some ships aren’t waiting any longer and are instead crossing the contested waterway with guidance from the U.S. military.The strait has been effectively shut for three months, keeping one-fifth of the world’s pre-war oil supplies as well…
SoftBank plans up to €75 billion investment in French AI centers
The first phase comprises an initial €45 billion investment to deliver 3.1 gigawatts of AI data center capacity in the Hauts-de-France region by 2031, SoftBank said Saturday in a statement. The commitment, which SoftBank called its biggest AI infrastructure investments in Europe, reflect personal diplomacy between Emmanuel Macron and SoftBank founder Masayoshi Son, who met during the French president’s visit to…
Several musicians said they were misled about the ‘Great American State Fair’ and dropped out. So Trump is stepping in as the main act
“I understand Artists are getting ‘the yips’ having to do with their performance,” Trump posted to his social media platform Truth Social Saturday, adding that he was thinking of bringing “the man who some say is the Greatest President in History (THE GOAT!), DONALD J. TRUMP, to take the place of these highly paid, Third Rate ‘Artists.’”The group organizing the…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Surge in Utilization of Fed Term Funding Tool Reaches Record High in Interest Rate Arbitrage Strategy
In a noteworthy trend, banks have recorded an unprecedented level of borrowing from the Federal Reserve's newest backstop facility, driven by growing speculation of imminent interest-rate cuts, which have enhanced…
