17:20
UBS is telling investors that gold's sharp retreat from its record high represents a buying opportunity rather than a trend reversal, maintaining a year-end price target of $5,600 per ounce even as the metal trades near the bank's own bear-case scenario. Gold has fallen more than 17% from its all-time high of nearly $5,595 reached......
Open-source intelligence analysts have identified wreckage displayed by Iranian state media as belonging to a U.S. Air Force F-15E Strike Eagle, contradicting Iran's claim that its forces had downed a fifth-generation F-35 stealth fighter. Geolocated footage simultaneously showed American combat search-and-rescue aircraft operating deep......
The cybersecurity world is confronting a new reality: artificial intelligence has crossed a threshold that fundamentally shifts the balance between attackers and defenders. That warning emerged with force over the past two weeks, driven by a leaked Anthropic document, new data from Microsoft, and alarm signals sounded at the RSA Conference......
Wedbush analyst Dan Ives reaffirmed his Outperform rating and $600 price target for Tesla on Thursday, looking past disappointing first-quarter deliveries to focus on the company's pivot toward autonomous driving, robotaxis, and robotics. "While the delivery numbers were quite disappointing, this was not a surprise to us given the......
China's most powerful privately developed rocket, the Tianlong-3, failed on its maiden flight Friday after suffering an in-flight anomaly, dealing a setback to the country's ambitions to rapidly deploy satellite megaconstellations capable of rivaling SpaceX's Starlink network. The Tianlong-3, built by Beijing-based startup Space......
More than a month into the U.S.-Israeli military campaign against Iran, a growing number of analysts and business leaders are warning that the conflict may not end in regime change or capitulation, but in the transformation of the Islamic Republic into a closed, militarized garrison state modeled on North Korea. Nikkei Asia published an analysis......
Tether, the issuer of the world's largest stablecoin USDT, is pressing investors to commit to a funding round at a $500 billion valuation within the next two weeks, according to a report from The Information published on Wednesday. The move marks a last-ditch effort to close a deal that has been scaled back repeatedly since it was first......
Coinbase CEO Brian Armstrong announced this week that he will personally oversee a new industry initiative to protect Bitcoin against quantum computing threats, committing $150 million to a "Quantum Defense Fund" that will award grants to developers working on integrating post-quantum cryptography into the Bitcoin protocol. The......
Erste Group Bank downgraded Toyota Motor from "buy" to "hold" on Thursday, citing near-term growth headwinds as the Japanese automaker contends with weakening U.S. sales and the sustained impact of tariffs on its profitability. Analyst Hans Engel pointed to a slowdown in revenue projections for the new fiscal year, which......
Shares in Arm Holdings fell sharply on Thursday, dropping approximately 5.5 percent from the previous session's close, even as the chip designer was riding a wave of high-profile announcements that had fueled a strong run in recent weeks. The pullback, which brought the stock to around $146 during the April 2 trading session, came as investors......
Iranian drones struck the Mina al-Ahmadi oil refinery in Kuwait on Friday morning, igniting fires across multiple operational units in the latest attack on Gulf energy infrastructure since the U.S.-Israeli air campaign against Iran began in late February. Kuwait Petroleum Corporation told the official KUNA news agency that the 346,000-barrel-per-day......
Aba Technology unveiled a new artificial intelligence platform designed to support Morocco’s push for technological sovereignty and industrial growth, according to a company statement issued in Rabat on April 2 . The launch event took place at the Four Seasons Hotel in Rabat under the supervision of the Ministry of Industry and Trade......
Tesla recorded record sales in South Korea and strong growth in Australia during March, closing out a first quarter driven by the refreshed Model Y and a global oil crisis that is pushing consumers toward electric vehicles at an accelerating pace. Tesla delivered 11,130 vehicles to South Korean customers in March, a result described as a......
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