News

The Biden administration has taken an unprecedented step by banning American companies and citizens from using software made by the Russian cybersecurity firm Kaspersky Lab due to national security concerns. Commerce Department Secretary Gina Raimondo announced the decision on Thursday, citing the threat posed by potential Russian government exploi…

SpaceX has introduced Starlink Mini, a new, more portable version of its satellite internet system that can easily fit inside a backpack. The early announcement, which was revealed to select Starlink customers, offers the Mini kit for $599, a $100 increase over the standard Starlink kit. The new device is designed to provide greater convenience and…

A recent incident in Phoenix, Arizona, highlighted serious safety concerns after a toddler was trapped inside a Tesla Model Y due to a sudden battery failure. The 20-month-old girl was left in a life-threatening situation as temperatures soared, forcing firefighters to break open the vehicle to rescue her. Renee Sanchez, the child’s grandmother, ha…

On Thursday, Nvidia's shares continued their upward trajectory, cementing the AI chipmaker's position as the world's most valuable company for European stock markets a title it seized from Microsoft earlier in the week. Nvidia's surge in the global corporate hierarchy has been nothing short of extraordinary. Over the past year, the company's marke…

Asian Markets show mixed results on Wednesday following fresh record highs on Wall Street, fueled by indications that the U.S. economy might be decelerating without tipping into a recession. The Tokyo Nikkei 225 index experienced a modest increase, climbing 0.2% to 38,575.54. This uptick came as Japan reported a 13.5% rise in exports and a 9.5% inc…

On Wednesday, oil prices remained relatively stable, hovering near their highest levels in seven weeks. This steadiness came as the market balanced escalating geopolitical tensions against concerns over demand following an unexpected increase in U.S. crude inventories. Brent crude futures saw a slight decline, easing 34 cents to $84.99 a barrel by …

Apple's recent unveiling of the OLED iPad Pro signals a renewed focus on creating ultra-thin devices, a trend the company is set to continue with its upcoming products. As reported by Bloomberg's Mark Gurman in the latest Power On newsletter, Apple Pursuit is gearing up to introduce even thinner iterations of its popular devices. The upcoming iPh…

Rebecca Kujawa, CEO of NextEra Energy Resources, has expressed significant concern over President Joe Biden’s proposed tariffs on Chinese clean energy technologies, cautioning that these measures could impede the nation’s green transition. Kujawa emphasized that these tariffs are raising costs for consumers and complicating the achievement of the U…

In a surprising Wall Street Sentiment shift from his previous bearish stance, Julian Emanuel, Evercore ISI’s chief equity and quantitative strategist, has significantly raised his forecast for the S&P 500 Index. Emanuel now projects the S&P 500 to reach 6,000 by the end of 2024, marking a notable about-face from his earlier prediction of 4…

The enigmatic investor known as "Roaring Kitty," whose real name is Keith Gill, has made a significant maneuver in his investment strategy involving GameStop Corp. Recent screenshots from Gill's Reddit account suggest that he has exited his entire options position in the company, while simultaneously increasing his holdings in GameStop shares. Spec…