A mysterious virus outbreak is spreading rapidly in China, with reports suggesting it’s “worse than COVID-19.” The human metapneumovirus (HMPV) has led to a surge in hospitalizations, causing packed-out hospitals and fuelling fears of a second global pandemic. According to Weibo users, cases of respiratory illness have surged over the last month, with patients between … Read more
Technology stocks popular among retail investors tumbled on Monday as investors took profits from last year’s winners and sold off speculative names amidst rising interest rates. Nvidia slumped 2%, Palantir dropped 4%, while Rigetti Computing plunged about 33%. The sell-off is also linked to a strong jobs report that cast doubt over the Federal Reserve’s … Read more
Hamas has accepted a draft agreement for a ceasefire in the Gaza Strip and the release of dozens of hostages, officials say. The US and Qatar have been mediating talks between Israel and Hamas to bring an end to 15 months of war. The proposed three-phase agreement would begin with the release of 33 hostages … Read more
The Dow Jones Industrial Average traded mixed Monday, continuing its volatile action in the wake of last week’s heavy losses. Nvidia (NVDA) fell 3% after triggering a sell signal Friday, while Lululemon Athletica (LULU) rallied. Key market movers included Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT). American Express (AXP) is building a flat base that … Read more
North Korea has test-fired multiple missiles toward its eastern waters, marking its second launch of 2025, according to South Korean military officials. The short-range ballistic missiles were fired from a northern inland area and flew about 250 kilometers before landing in waters between the Korean Peninsula and Japan. South Korea’s Joint Chiefs of Staff condemned … Read more
Denver Broncos rookie quarterback Bo Nix revealed during Monday’s exit interviews that he played through three transverse process fractures in his back since suffering the injury in a game against the Las Vegas Raiders on November 24. Despite this, Nix helped spearhead a massive turnaround in Denver, leading the team to a 10-7 record and … Read more
The Los Angeles County Fire Department has confirmed that the Super Scooper firefighting plane damaged by a drone last week is now repaired and ready to respond to fires. As of 11 a.m. local time Tuesday, the aircraft will be available for duty again. Source: https://abcnews.go.com/US/live-updates/california-wildfires-los-angeles-weather/?id=117613594
Three ships carrying over two million barrels of Russian oil have been left idling off China’s eastern coast after being denied docking permission by port authorities, according to Bloomberg. The move comes as new US sanctions targeting Gazprom Neft, Surgutneftegas, and Sovcomflot, among others, take effect. The sanctions also affect vessels from Russia’s “shadow fleet,” … Read more
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US stocks closed with mixed results on Monday, driven by investors’ expectations that the Federal Reserve may be done cutting interest rates this year. The Nasdaq fell 0.38% due to sell-offs in tech stocks, which rely heavily on borrowing to fuel growth and are sensitive to higher interest rates. The S&P 500 index rebounded slightly … Read more