Asian markets declined as investors await key US inflation data, which could influence interest rates next week. The dollar steadied despite a three-day gain, while Hong Kong and mainland China shares fell. South Korea’s equities rose for the second session, continuing their recovery from recent political turmoil. Source: https://www.bloomberg.com/news/articles/2024-12-10/stock-market-today-dow-s-p-live-updates
OpenAI has officially launched Canvas, a groundbreaking new interface designed to take collaborative writing and coding to the next level. Canvas is now available to all ChatGPT users, regardless of payment tier, and offers a side-by-side interface for seamless collaboration with AI. The new tool introduces several key features, including integrated Python execution, custom GPTs, … Read more
A child diagnosed with bird flu in the US outbreak has been found to be infected with a virus strain similar to one affecting dairy cattle, despite no reported exposure to livestock or animals. This new development highlights the evolving nature of the outbreak, which is now spreading rapidly among young people. Source: https://www.washingtonpost.com/health/2024/12/10/bird-flu-california-child
A Jewish area in Sydney was targeted by vandals overnight, with a stolen car set on fire and antisemitic words scrawled on walls. The attack comes as authorities investigate an arson attack on a synagogue in Melbourne and follows other recent vandalism incidents in the city. State Premier Chris Minns and police have condemned the … Read more
The US Department of Energy (DOE) has selected six companies to provide low-enriched uranium (LEU) to nuclear power plants across the country. The contracts aim to encourage domestic production capacity in the US, reducing reliance on Russian-supplied uranium and enhancing energy security. These companies will compete for future work to supply LEU, driving commercial sector … Read more
A changing of the guard could be coming in Chapel Hill as the University of North Carolina (UNC) has extended an offer to NFL coaching legend Bill Belichick to take over as their next head football coach. According to multiple sources, optimism is growing that Belichick will be named coach soon. Belichick’s potential hiring has … Read more
Broadcom is set to report fourth-quarter earnings after the market closes on Thursday. Analysts have a highly optimistic view of the company’s stock, with all 12 tracked analysts rating it as “buy” or equivalent. The consensus price target is $193, about 8% higher than Monday’s closing price. The experts predict Broadcom will post revenue of … Read more
President-elect Donald Trump has proposed imposing tariffs on US trading partners, including Mexico, Canada, and China, when he takes office. Economists warn that this could lead to higher costs for consumers. While some experts believe the tariffs are a negotiating tactic and may not be implemented, others think they could have a significant impact on … Read more
Automaker Stellantis and Chinese battery giant CATL have announced plans to jointly build a €4.1 billion ($4.3 billion) lithium iron phosphate (LFP) battery plant in Spain. The 50-50 joint venture aims to boost Stellantis’ “best-in-class” LFP credentials in Europe, enabling the company to produce high-quality and affordable battery-electric passenger cars and SUVs. The facility, located … Read more
The price of bitcoin surged above $100,000 for the first time as Eric Trump, executive vice president of the Trump organization, expressed his family’s enthusiasm for cryptocurrency and support for regulatory measures that would make the US a “crypto capital of the world”. Speaking to CNBC in Abu Dhabi, UAE, Eric Trump said he has … Read more