Key Points: Nvidia CEO Jensen Huang unveiled the new Groq 3 chip and server racks during a 2.5-hour keynote at GTC 2026. The company shifted its focus heavily toward AI inferencing following a $20 billion deal with chipmaker Groq last...
Key Points: The US Treasury Department issued a general license allowing the sale of Iranian oil loaded onto ships before early Friday morning. The waiver aims to release approximately 140 million barrels of oil currently stuck at sea. Global Brent crude prices surged more than 50% this month, crossing $112 a barrel on Friday. President Trump and the Republican Party face intense political pressure as...
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 jury cleared Musk of intentionally scheming to defraud investors and dismissed claims related to a podcast comment. The lawsuit focused on Musk's actions in 2022,...
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...
Key Points: Brent crude prices jumped 5% this week to near $108 a barrel as the conflict in the Middle...
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...
