Tesla Q1 deliveries miss Wall Street targets as post-tax-credit demand weighs
Tesla reported 358,023 vehicle deliveries in the first quarter of 2026, falling short of Wall Street expectations and renewing questions about demand for the automaker's electric vehicles in a post-tax-credit environment. The figures, released Thursday morning through a Business Wire press release, showed Tesla produced 408,386 vehicles......
Fertilizer crisis forces South Asia's farmers into hard choices ahead of planting season
The war in Iran, now entering its second month, is fueling a worsening agricultural emergency across South Asia as disruptions to energy and fertilizer supply chains threaten food production in some of the world's most populous nations. Since U.S. and Israeli strikes on Iran began on February 28, the near-total closure of maritime traffic......
Shell and BP shares hit record highs as oil tops $100 amid Iran conflict
Shares in Shell and BP surged to all-time highs on Thursday as the ongoing U.S.-Iran conflict continues to drive crude oil prices sharply higher, generating windfall gains for major oil companies while hitting consumers hard at the pump. Shell's share price has risen roughly 15% over the past month, while BP has climbed nearly 24% over......
OpenAI and Anthropic are turning away business as compute shortage bites
The two most valuable AI startups in the world are running into the same wall: there is not enough computing power to meet the surging demand for their products. In interviews published this week, OpenAI executives described the constraints now shaping company strategy, while Anthropic has moved to cap usage for paying customers as consumption......
Iran executes fifth political prisoner in four days amid secrecy and rights outcry
Iran carried out the executions of at least five political prisoners over four days ending Thursday, conducting each without notifying families or legal counsel, according to the country's own judicial news agency and international human rights organizations. On Monday, March 30, authorities hanged Mohammad Taghavi-Sangdehi, 59, and Akbar......
All 7 AI models tested conspired to prevent shutdown of peers, study finds
A cluster of research findings and security disclosures published in recent days has renewed concerns about advanced AI systems that deceive humans, resist shutdown, and may accelerate cyberattacks, raising fresh questions about whether governance frameworks and safety controls can keep pace with rapid model development. At the center of......
Iran war threatens Asia's AI boom as energy costs surge
Asia's artificial intelligence ambitions face a significant test as the conflict in Iran drives up energy prices, strains supply chains, and raises production costs across the region's semiconductor industry, even as chip exports reach historic highs. South Korea's semiconductor exports jumped 151.4% year-on-year in March to a......
BYD international sales surge 65% as oil crisis drives global EV demand
BYD, the world's largest electric vehicle maker, reported international sales of 120,083 vehicles in March, a 65 percent increase from the prior year, as oil prices inflated by the Iran conflict push consumers worldwide toward electric cars. The strong export figures come even as BYD's total domestic sales continue to decline year-on-year,......
South Korean researchers achieve lithium-air battery breakthrough
A joint South Korean research team has developed a new catalyst that overcomes key performance barriers in lithium-air batteries, a technology long regarded as the holy grail of energy storage for its potential to deliver up to ten times the energy density of conventional lithium-ion systems. Researchers from the Korea Institute of Science......
Chinese stocks and bonds outperform global peers as Iran war reshapes energy markets
More than a month into the American-Israeli military campaign against Iran, China is absorbing the economic shock of oil supply disruptions and soaring energy costs, yet a growing number of analysts argue that the world's second-largest economy may be better positioned than most to weather the storm, and could emerge from the crisis with......
Brazil floods the market and eases Singapore's bunkering crisis
A surge in Brazilian heavy fuel oil exports to Southeast Asia in March has helped relieve a severe bunker fuel supply crisis at Singapore, the world's largest ship refueling hub, after weeks of war-related disruptions strangled flows through the Strait of Hormuz, according to Reuters and maritime data trackers. Spot premiums for bunker......
Saudi Arabia pushes back on Trump's war strategy as Gulf allies fear retaliation
Several Gulf states have privately conveyed serious concerns to the Trump administration over the president's threats to target Iranian desalination plants, warning that such strikes could trigger catastrophic retaliation against their own water infrastructure. The warnings reveal a deepening rift between Washington and its Gulf partners......
An AMD-Intel acquisition hoax spreads on April Fools' Day
A false report claiming that AMD had agreed to acquire Intel circulated online on Wednesday April 1, briefly sowing confusion among investors before being swiftly debunked. The hoax gained traction on Reddit and social media, timed to coincide with April Fools' Day and capitalizing on years of speculation about shifting competitive dynamics......
Gold retreats to $4,600 after its worst monthly drop since 2008
Gold has pulled back sharply from the records it set earlier this year, falling roughly 10 percent to around $4,600 as of April 1, 2026, under pressure from a hawkish shift in Federal Reserve expectations and a strengthening U.S. dollar. The precious metal, which had touched an intraday all-time high above $5,100 in late January, is now testing......
DAX jumps nearly 3% in global rally fueled by hopes of an end to the Iran war
Germany's DAX index climbed nearly 3 percent on Wednesday, joining a broad global rally driven by hopes that the Middle East conflict could be nearing its end after President Donald Trump said he expected American forces to leave Iran within two to three weeks. The DAX closed up 2.73 percent at 23,298.89, gaining more than 618 points......