Apple shares fell 2.2% on Wednesday, marking their biggest drop in two-and-a-half years and bucking a broader rally for tech stocks. The decline is attributed to concerns over the delayed rollout of Siri AI features, which analysts believe could impact iPhone sales. Tariffs imposed by the Trump administration are also weighing on sentiment, with growing … Read more
A UN probe has accused Israel of “genocidal acts” against Palestinians by systematically destroying women’s healthcare facilities during its war on Gaza. The Geneva-based Independent International Commission of Inquiry said that Israel “intentionally attacked and destroyed” Gaza’s main fertility centre, while blocking medicine for pregnancies, deliveries, and neonatal care from entering the enclave. The commission … Read more
TSMC has pledged to invest $100 billion in the US, a move that President Donald Trump claims is proof of his “America First” investment plan working. However, some argue that the decision was driven by customer demand rather than Washington pressure. Taiwan’s chip industry has been credited as a “silicon shield,” protecting the self-governing island … Read more
Houthi rebels have warned shippers that “any Israeli vessel” traveling through nearby Middle East waters is now a target, amid Israel’s blockade of aid to the Gaza Strip. The warning from the Houthis’ Humanitarian Operations Coordination Center threatens revenue from Egypt’s Suez Canal and may halt aid shipments to war zones. The statement, which follows … Read more
WWE’s latest Roadblock event saw the rise of a new champion in Stephanie Vaquer, who successfully defended her titles against Giulia. The match showcased Vaquer’s cunning and experience as she outmaneuvered her opponent, capitalizing on their familiarity to secure the victory. The bout was more than just a clash of skills; it highlighted the personal … Read more
Global smartwatch shipments dropped 7% year-over-year in 2024, marking the first decline in the market. Apple’s sales took a hit, with a 19% dip compared to 2023. However, Huawei and Samsung managed growth, while Xiaomi saw an astonishing 135% increase in sales. Analysts attribute this success to lower prices for Xiaomi’s premium Watch S1 and … Read more
Former Barclays CEO Jes Staley has admitted to having sex with a member of Jeffrey Epstein’s staff in court, as he appeals against a proposed financial services ban. Staley was questioned by the Financial Conduct Authority about his relationship with Epstein, who was a client at JPMorgan where Staley worked. Staley stated that he had … Read more
US Treasury yields slipped on Thursday, with the benchmark 10-year yield falling over 5 basis points to 4.264%. The 2-year Treasury yield also fell nearly 5 basis points to 3.947%. The producer price index remained unchanged in February, contrary to expectations of a 0.3% month-over-month increase. The news may have alleviated concerns about the growth … Read more
LISBON, Portugal (AP) — Portugal’s third government has fallen after Prime Minister Luis Montenegro lost a confidence vote in Parliament. The collapse marks the worst spell of political instability in 50 years of Portuguese democracy. Montenegro submitted himself to the confidence vote amid allegations of a potential conflict of interest related to a family law … Read more
The US clean energy transition continued to gain momentum in 2024, with wind and solar together generating more electricity than coal for the first time in history. According to a special report, solar generation rose by 27% and met over half of the increase in electricity demand, while gas generation grew three times less than … Read more