Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time high. As part of the ...
Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night. The company’s CEO, Anne Wojcicki, has resigned from her role as chief executive effective immediately, though she will remain a member of the board. Joseph Selsavage, 23andMe’s chief financial and accounting officer, will serve as interim CEO, according ...
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing it as another big tech stock, says Standard Chartered. Bitcoin’s correlation with the Nasdaq is currently at about 0.5, after it approached 0.8 earlier this year, according to the bank. Meanwhile, its correlation with gold has been falling ...
Families of Venezuelan deportees held in El Salvador’s infamous Cecot prison can petition the Salvadoran government for their release – but the fruitfulness of that process is an open question in a country accused of arbitrary detention by rights groups and even the US State Department. Families of 238 Venezuelans deported from the United States have been anxiously waiting for ...
The first flight carrying Venezuelan migrants deported from the United States landed in Venezuela early Monday, after the two governments reached an agreement to resume repatriation flights. Nearly 200 deportees were on the plane, which landed at an airport just north of capital Caracas. Video of the arrival shows some deportees celebrating with their hands in the air as they ...
There were likely as many groans as laughs across Canada when comedian Mike Myers hovered over the hockey boards in a campaign ad with Prime Minister Mark Carney, his “elbows up” battle cry on display as the country of his birth takes on the country he calls home. The Liberal Party ad played up many trite but true Canadian stereotypes ...
South Korea’s Constitutional Court struck down the impeachment of the country’s prime minister Han Duck-soo and restored his powers on Monday, the latest twist in a political saga that started when the President declared martial law last year. The ruling comes as South Korea waits for the same court to decide whether it will impeach suspended President Yoon Suk Yeol, ...
A United States delegation led by real estate tycoon-turned-diplomat Steve Witkoff has begun a high-stakes meeting with Kremlin negotiators in Riyadh, Saudi Arabia, where the Trump administration is pushing for a ceasefire in separate talks with Russia and Ukraine. Russia’s TASS news agency reported that talks were underway on Monday morning, citing an unnamed source. The meeting comes one day ...
South Korea is struggling to contain wildfires ravaging the country’s southeast after more than two dozen blazes broke out over the weekend, killing four people and forcing thousands to evacuate. As of Sunday night, nearly 9,000 firefighters, police and civil servants and 120 helicopters had been dispatched to five areas to fight the fires. By Monday morning, firefighters facing the ...
At a military prison in central Israel, 18-year-old Itamar Greenberg sat in a US Army-issued army uniform as the Hollywood blockbuster “American Sniper” blared from the rec room’s TV. But Greenberg is not a soldier, and the desert camouflage fatigues are the only military uniform the so-called refusenik – as conscientious objectors are called in Israel – has ever worn. ...