OpenAI, the maker of ChatGPT and a prominent artificial intelligence (AI) company, has entered into a partnership with Anduril, a defense startup specializing in missiles, drones, and software for the US military. This move is part of a growing trend among Silicon Valley tech companies to form closer ties with the defense industry. According to … Read more
The standard theory of cosmology relies on four fundamental components: space and time, matter, dark matter, and dark energy. Dark energy is the least understood component, making up about 68% of the universe’s total energy density. Recent observations from the Dark Energy Spectroscopic Instrument (DESI) suggest that the rate of cosmic expansion may vary over … Read more
CNBC Daily Open brings investors up-to-date on global market developments. Key highlights include: Syria’s Assad regime collapsing after 50 years, with President Bashar Al-Assad fleeing to Russia for asylum. South Korea’s president Yoon Seok Yeol survived an impeachment vote despite a narrow margin of opposition support. Asian markets took a hit, led by South Korea’s … Read more
Australian law enforcement authorities have declared an arson attack on a synagogue last week a terrorist act, increasing resources available to the investigation. The Adass Israel Synagogue in Melbourne was extensively damaged in the blaze. Arson squad detectives were initially investigating the incident, but it was taken over by the Joint Counter-Terrorism Team, involving Victoria … Read more
The UK’s love for tea is well-known, with 100 million cups consumed daily. However, many are unaware that consuming chamomile tea, a herbal brew with anti-inflammatory properties, may also have heart-healthy benefits. Research has shown that chamomile tea can help reduce cholesterol levels, which is a risk factor for heart disease. The tea, made from … Read more
The Federal Reserve has cut interest rates in its last two meetings, leaving high-yield banking rates on the line. To ensure you’re getting the best rate, it’s essential to stay informed about current offers and lock them in before they change. We monitor daily rates from banks and credit unions to help you make an … Read more
The US has dropped plans to blacklist five Chinese-linked biotechnology firms from new federally funded research and contracts. The move comes after senior Democrats opposed including specific companies in a defense bill earlier this year. Despite a bipartisan Senate support, House Democrats like Jim McGovern and Jamie Raskin had reservations about naming companies. Source: https://www.bloomberg.com/news/articles/2024-12-08/biosecure-act-out-of-key-defense-bill-in-win-for-chinese-biotech
Ethereum exchange-traded funds (ETFs) in the US have extended their winning streak, posting a tenth consecutive day of positive inflows. The recent trend reflects growing investor sentiment following the US presidential elections. The latest data from SoSoValue shows that US-based Ethereum ETFs recorded $83.3 million in net inflows on December 6, marking the longest streak … Read more
The 2024 stock market has made headlines with its all-time highs and record-breaking gains. The S&P 500 index has reached new heights 50 times, thanks to factors like a resilient economy, falling interest rates, and growing enthusiasm for artificial intelligence (AI). One sector driving this growth is the AI market, which is expected to quadruple … Read more
Insurance broker Arthur J Gallagher has agreed to buy AssuredPartners in a $13.45 billion all-cash deal, expanding its focus on property and casualty and employee benefits across the US. The transaction is the third major $5 billion-plus insurance broker deal in the last 12 months. AssuredPartners distributes insurance across various lines, including transportation, energy, healthcare, … Read more