Key Points: Foreign car brands now use Chinese electric vehicle platforms and software to build their new models. Volkswagen and XPeng built the new China Electronic Architecture software system in just 18 months. Analysts describe the rapid technological leap of...
Key Points: Micron and SanDisk shares jumped again on Monday as analysts predict strong demand for artificial intelligence memory through the decade. Micron stock climbed 5.6%, pushing its overall market cap near $600 billion, while Sandisk gained 8.1%. Consumers face a 17% increase in personal computer prices this year as basic memory components become scarce. Major technology buyers now sign three to five-year supply contracts...
Key Points: Qualcomm shares jumped 13% following reports of a new partnership with OpenAI to build a smartphone processor. Tech analyst Ming-Chi Kuo expects the artificial intelligence device to enter mass production by 2028. OpenAI purchased Jony Ive's hardware startup for $6.5 billion last May to lead the design efforts. Apple and Samsung currently control about 40% of the global smartphone market and present stiff...
Key Points: Joby Aviation executed the first point-to-point electric vertical takeoff and landing flight in New York City. The new aircraft will reduce a 120-minute drive to John F. Kennedy Airport down to just a 7-minute flight. The company plans to launch commercial passenger flights during the second half of 2026. Joby stock climbed 3 percent following the successful midday test flight in Manhattan. Flying...
Key Points: Major European media groups sent a letter to EU leaders on April 21, warning about a new digital...
Key Points: Microsoft will roll out its Copilot 365 artificial intelligence software to all 743,000 Accenture workers. Barely 3 percent...
Key Points: Shell agreed to purchase ARC Resources for $13.6 billion to boost its long-term energy production. The massive transaction...
Key Points: Bank of America created a financial screen featuring 67 stocks with a combined market capitalization of $5.5 trillion....
Key Points: Amazon signed a multi-year deal with Harpo Entertainment to grab exclusive advertising rights for The Oprah Podcast. The...
Key Points: Major technology companies successfully killed the Based Act in California in just over 30 days. State Senator Scott...
Key Points: Intel shares just broke a record high originally set back in August 2000. The S&P 500 index climbed...
Key Points: Salesforce and Slack filed a lawsuit against Microsoft in London on April 23. The legal team accuses Microsoft...
Key Points: David Silver secured a record $1.1 billion seed funding round to launch his new artificial intelligence company, Ineffable...
Key Points: Financial analysts expect General Motors to report $43.68 billion in first-quarter revenue, slightly trailing last year. The automaker...
Key Points: Microsoft announced a major contract update that ends its exclusive rights to use OpenAI technology and artificial intelligence...
Key Points: China abruptly canceled Meta Platforms' massive $2 billion deal to buy Manus, a fast-growing agentic artificial intelligence startup....
Key Points: Elon Musk takes Sam Altman to court over OpenAI's transition from a charity to a massive business. Microsoft...
Key Points: SpaceX sent a formal letter to the FCC on April 16 asking regulators to restrict foreign satellite competitors....
Key Points: Toyota sold 897,871 vehicles worldwide in March, down 7.3 percent from the same month last year. Dealerships in...
Key Points: Kia reduced the price gap between its vehicles and Chinese models in Europe from 20-25% down to just...
Key Points: Chinese artificial intelligence startup DeepSeek reduced the price of its input cache hits to just one-tenth of the...
Key Points: Fear of the "curse of 35" pushes young Chinese workers to start solo businesses powered by artificial intelligence....
Key Points: Auto China 2026 features more than 2,000 companies and 1,451 vehicles, including 181 global debuts. Horizon Robotics launched...
Key Points: Japanese chip equipment maker Tokyo Electron recently cut ties with its veteran executive Jay Chen following a shocking...
Key Points: A 26-year-old engineer created a 4-foot talking robot to help cure severe loneliness inside Australian nursing homes. Andromeda...
Key Points: Inflation and rising daily costs force Japanese beverage companies to rethink their massive vending machine networks completely. DyDo...
Key Points: Five major technology companies will report their first-quarter earnings this week to justify a massive market rally. Alphabet,...
Key Points: China promised to take all necessary measures to protect domestic companies from aggressive US export control bills. The...
Key Points: Alibaba launched a new smart tool that turns weeks of international sourcing work into a process that takes...
Key Points: Beijing strongly warned the US Congress that new chip export bills will severely damage global supply chains. The...
Key Points: Surging gas prices hit $4.06 per gallon, pushing 52% of shoppers to consider electric or hybrid vehicles. Consumer...
Key Points: Taiwan reached a massive $4.3 trillion market value, officially overtaking the United Kingdom as a global stock powerhouse....
Key Points: Nvidia added over $200 billion in value on Friday, pushing its total market cap past $5.12 trillion. The...
Key Points: Kazakhstan, Kyrgyzstan, and Uzbekistan will build a 1,880 megawatt hydropower plant on the Naryn River to power 1.5...
Key Points: A judge threw out the fraud claims Elon Musk filed against OpenAI, but kept his charitable trust and...
Key Points: Related Digital locked in $16 billion to build a large artificial intelligence data center in Michigan for Oracle....
Key Points: The Trump administration might invoke the 1950 Defense Production Act to rescue bankrupt Spirit Airlines. Negotiators proposed a...
Key Points: The US government watched its strategic investment in Intel quadruple, reaching a massive $36 billion valuation. Taxpayers gained...
Key Points: X-Energy raised $1.02 billion in its initial public offering and saw shares jump 27% on the first trading...
Key Points: The Brazilian government blocked 27 prediction market platforms to enforce strict betting rules. Authorities banned derivative trading based...
Key Points: The United States and European Union signed a Memorandum of Understanding to coordinate critical mineral supplies. The agreement...
Key Points: The U.S. Justice Department officially intervened in a lawsuit filed by Elon Musk's xAI against the state of...
Key Points: The U.K. government admitted that carbon emissions from AI data centers could be 100 times greater than previously...
Key Points: Google will invest an initial $10 billion in cash into artificial intelligence startup Anthropic at a $350 billion...
Key Points: Mexican President Claudia Sheinbaum announced plans to export 1 million barrels of oil directly to Japan. Japan requested...
Key Points: Chinese electric vehicle makers are focusing on overseas markets to increase profitability amid weak domestic sales. The ongoing...
Key Points: US chip stocks soared to record highs after Intel released an unexpectedly strong revenue forecast. The Philadelphia SE...
Key Points: DeepSeek previews V4, a major upgrade to its AI model. New V4 model will come in "pro" and...
Key Points: Tencent upgrades its foundational AI model, Hy3. Hy3 offers big advances in reasoning and coding, available on Tencent...
Key Points: Cisco Systems revealed a new switching chip designed to connect different types of quantum computers. The company wants...
Key Points: LG Innotek is moving from just supplying parts to offering complete solutions. Physical AI, like robotics and self-driving...
Key Points: Elon Musk's SpaceX secured a $20 billion bridge loan to refinance existing debt ahead of its upcoming IPO....
Key Points: British authorities banned the leasing of "Global Titles" to stop criminals from exploiting the international telecommunications system. Global...
Key Points: Meta announced it will lay off roughly 8,000 workers, which equals about 10% of its total workforce. The...
Key Points: Intel forecast second-quarter revenue between $13.8 billion and $14.8 billion, easily beating Wall Street expectations. Shares of the...
Key Points: Brazil's antitrust watchdog CADE voted to deepen its investigation into how Google uses journalistic content. The agency will...
Key Points: NextEra Energy expects to finalize massive agreements within three months to build natural gas-fired power projects in the...
Key Points: Amazon will strip traditional job titles from hundreds of employees at its Ring and Blink home security units....
Key Points: SpaceX plans "controlled company status" after its IPO. Elon Musk will retain significant control over the board. This...
Key Points: Alibaba's Qwen AI now directly books China Eastern flights. Users can book flights using natural language commands. Qwen...
Key Points: NASA aims to launch the Nancy Grace Roman Space Telescope as early as September 2026, beating the original...
Key Points: SoftBank Group is reportedly seeking a massive $10 billion loan from global financial markets. The Japanese conglomerate plans...
Key Points: Tesla plans to convert old assembly lines at its Fremont plant to build up to 1 million Optimus...
Key Points: IBM shares dropped 6% in after-hours trading following a noticeable slowdown in first-quarter revenue growth. Total revenue increased...
