AI Tech stocks drive Monday’s market rebound
Wall Street closed sharply higher on Monday, led by gains in Broadcom and other chipmakers, as investors were reassured by U.S. President Donald Trump...
International tech innovators arrived in Las Vegas, to represent and try out the latest gadgets and innovations ahead of CES 2025.
The CES trade show, one of the largest gatherings in the U.S., showcases the latest innovations in AI, VR, and health tech from January 7-10.
It takes place just before President-elect Donald Trump’s inauguration, raising concerns over proposed tariffs on imports from countries like Canada, Mexico, and China, which could increase costs for businesses and consumers.
Gary Shapiro, CEO of the Consumer Technology Association, expressed worries that these tariffs would stifle innovation and harm American companies and markets. This year's highlights include a keynote speech from Nvidia CEO Jensen Huang, with AI as a focal point.
Tariffs are expected to dominate discussions, with companies considering shifting production to the U.S. to avoid disruptions. For instance, Honda has indicated it may need to reevaluate its Mexican production if permanent tariffs are imposed. As many new cars sold in the U.S. are made abroad, industry experts warn that automakers could face significant profit losses.
Additionally, Trump plans to roll back policies promoting electric vehicles, leaving automakers like Honda and Toyota to focus on advancements in self-driving and AI technology.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
Wall Street closed sharply higher on Monday, led by gains in Broadcom and other chipmakers, as investors were reassured by U.S. President Donald Trump’s conciliatory tone on renewed U.S.-China trade tensions.
Lawyers warn that the case could eventually involve up to 1.8 million UK drivers across 14 brands, potentially making it the largest consumer class action in British legal history.
European stock markets opened the week on a positive note, buoyed by hopes of easing trade tensions between the U.S. and China and declining geopolitical risks in the Middle East.
A federal jury in Marshall, Texas, ruled on Friday that Samsung Electronics must pay nearly $445.5 million in damages to patent holder Collision Communications for infringing patents linked to 4G, 5G, and Wi-Fi communication standards.
Gold prices rose above $4,000 an ounce for the first time on Wednesday, fuelled by investor demand for safe-haven assets amid rising geopolitical tensions and expectations of U.S. interest rate cuts.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment