Key Points: A San Francisco jury found Elon Musk liable for misleading Twitter investors with 2 tweets before he bought the company. The jury awarded damages between $3 and $8 per stock per day, totaling an estimated $2.1 billion. The...
Key Points: SoftBank Group wants to build a 10-gigawatt AI data center on a former US uranium enrichment site in Ohio. CEO Masayoshi Son claims the massive infrastructure project will eventually channel $500 billion into a single campus. The company plans to power the facility using $33 billion worth of natural gas electricity by the end of the decade. The Trump administration supports the project...
Key Points: The Trump administration introduced a 6-part framework for a single national artificial intelligence policy. The White House aims to block all 50 states from creating their own confusing patchwork of AI regulations. The new plan tackles child safety, energy use for massive data centers, intellectual property, and political censorship. Congress faces major challenges in passing the bill within 12 months due to deep...
Key Points: Brent crude prices jumped 5% this week to near $108 a barrel as the conflict in the Middle East severely restricts the Strait of Hormuz. Global oil markets face a historic disruption with 10 million barrels of daily output halted across the Persian Gulf. President Donald Trump pushed to de-escalate energy attacks, widening the price gap between US crude and international benchmarks. Officials...
Key Points: Amazon is developing a new smartphone, internally called "Transformer," after the 2014 Fire Phone flop. The phone aims...
Keypoints: Tesla plans a $2.9 billion purchase of solar manufacturing equipment from Chinese suppliers. This supports Elon Musk's goal to...
Key Points: Alibaba and Tencent saw a combined $66 billion wiped from their market value in just 24 hours. Investors...
Key Points: EU leaders are discussing temporary measures like tax cuts and state support to counter surging energy prices. The...
Key Points: The United States economy has lost over 100,000 manufacturing jobs since last year. Whirlpool recently laid off workers...
Key Points: Amazon founder Jeff Bezos is talking with investors to raise a massive $100 billion fund. The new fund...
Key Points: Xiaomi will invest at least 60 billion yuan ($8.7 billion) in AI. The investment will span over the...
Key Points: Alibaba's net income dropped 66% year-over-year. Revenue missed analyst expectations, reaching 284.8 billion Chinese yuan. Heavy investments in...
Key Points: Brent crude briefly crossed $119 per barrel after new attacks on Middle Eastern energy infrastructure. Israel struck Iran's...
Key Points: Samsung plans to invest over $73 billion in AI and semiconductors this year. The company aims to lead...
Key Points: Gold prices recovered slightly after a recent decline. Rising oil prices and Mideast conflict fuel inflation concerns. The...
Key Points: Apple's China smartphone sales increased by 23% in early 2026. The overall China smartphone market dropped by 4%...
Key Points: Elon Musk announced that SpaceX AI and Tesla will continue to order Nvidia chips at scale. This marks...
Key Points: New Zealand's economy expanded by a modest 0.2 percent in the fourth quarter. The growth fell short of...
Key Points: The European Central Bank will likely keep its main interest rate at 2.0% on Thursday. The ongoing US-Israel...
Key Points: The Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75%. Fed Chair Jerome Powell warned that the...
Key Points: Samsung and AMD expanded their partnership for AI memory chip supplies. Samsung will provide HBM4 for AMD's next-gen...
Key Points: Alibaba is shifting its AI focus to "agents" that connect its various businesses. The new Alibaba Token Hub...
Key Points: Elon Musk is negotiating with the SEC to settle a lawsuit. The SEC accused Musk of violating securities...
Key Points: Brent crude holds steady above $103 a barrel, while West Texas Intermediate trades near $96. Iran confirmed the...
Key Points: The Trump administration claims its decision to blacklist Anthropic is completely legal and justified. Defense Secretary Pete Hegseth...
Key Points: US gas prices surged 26.9% to $3.72 per gallon following attacks on oil facilities in the Middle East....
Key Points: The Federal Reserve will likely keep interest rates between 3.5% and 3.75% at its meeting this Wednesday. The...
Key Points: Nvidia CEO Jensen Huang predicts the company will surpass $1 trillion in total sales. The original $1 trillion...
Key Points: OpenAI secures a deal to provide AI models to U.S. defense and government agencies. This partnership with Amazon's...
Key Points: Google is discussing buying liquid cooling equipment from Chinese firms like Envicool. Liquid cooling is crucial for AI...
Key Points: Samsung shares rose after Nvidia CEO confirmed AI chip production. Samsung's foundry division produces Nvidia's Groq LP30 AI...
Key Points: Amazon launched 1-hour and 3-hour delivery services in many US markets. This move aims to increase shopping frequency...
Key Points: Global chip wafer shortages will likely continue until at least 2030. Artificial intelligence requires massive amounts of high-bandwidth...
Key Points: Australian Trade Minister Don Farrell held a highly productive call with the EU Trade Commissioner. Negotiations previously collapsed...
Key Points: President Trump wants to delay his upcoming meeting with Xi Jinping until late April. Trump cited the ongoing...
Key Points: The largest Samsung union plans an 18-day strike starting May 21 if its demands are not met. Workers...
