Wall Street raises Amazon price targets after strong first quarter earnings
Amazon reported first quarter results that exceeded expectations across revenue, profit, and operating income, prompting a broad wave of price target increases from Wall Street analysts. The performance was driven by strong growth in cloud computing and improved operating margins, even as investor concerns over heavy capital spending weighed......
Study finds butterflies reuse same genes for warning colors
Butterflies and moths separated by vast evolutionary distances have independently developed nearly identical warning color patterns by repeatedly using the same two genes over 120 million years. The finding comes from new research that examined species from South American rainforests and points to a more predictable model of evolution than......
Brent crude falls below 110 dollars after volatile spike above 120
Brent crude slipped below 110 dollars a barrel on Thursday, pulling back from a brief spike above 120 dollars the previous day, one of the most volatile stretches on oil markets since the start of the Strait of Hormuz crisis two months ago. The sharp moves underscore a market caught between fears of a prolonged supply disruption and repeated......
Uber CTO shows how Claude Code can blow up AI budgets
Uber’s chief technology officer has revealed that the ride‑hailing giant’s rapid rollout of AI coding tools, particularly Anthropic’s Claude Code, has forced the company to revisit its 2026 artificial‑intelligence budget after spending more than planned in just a few months. Praveen Neppalli Naga told insiders that engineering......
Spain Morocco tunnel faces delays as insurance and technical hurdles mount
Plans for a fixed link between Spain and Morocco through the Strait of Gibraltar continue to advance in feasibility studies, but new reports underline major technical, financial and regulatory obstacles that could delay the project well beyond initial expectations. The infrastructure is designed to connect Europe and Africa through an underwater......
China suspends robotaxi licences after Baidu system failure
China has suspended the issuance of new licences for autonomous vehicles following a major technical failure involving Baidu’s robotaxi fleet. The decision comes after an incident in Wuhan where more than 100 autonomous vehicles reportedly stopped operating at the same time, triggering disruption in urban traffic and raising safety concerns. The......
Tanger Med handles 11 million containers, strengthens global port ranking
Morocco’s Tanger Med Group closed 2025 with consolidated revenue of 13 billion dirhams, marking a 16 percent increase from the previous year. The growth reflects sustained performance across its core sectors, including port operations, logistics, industrial zones, and services. At the center of this expansion is the Tanger Med port......
Starmer demands swift response after London knife attack
British Prime Minister Keir Starmer has called for a rapid and visible response from state institutions following a knife attack in north London that authorities have classified as terrorism. The incident took place in Golders Green, an area with a large Jewish community, prompting concerns over targeted violence. Starmer convened senior......
Morocco joins Artemis Accords to expand role in space cooperation
Morocco has officially joined the Artemis Accords, becoming the 64th country to endorse the international framework governing responsible space exploration. The announcement was made in Rabat during a joint appearance by Foreign Minister Nasser Bourita and US Deputy Secretary of State Christopher Landau. The agreement places Morocco within......
Germany backs Morocco autonomy plan as basis for Sahara solution
Germany has reaffirmed its support for Morocco’s autonomy proposal as the central framework to resolve the long-running dispute over the Sahara. The position was confirmed during a high-level meeting in Rabat between Moroccan Foreign Minister Nasser Bourita and his German counterpart Johann Wadephul, following the second session of a......
Morocco and United States deepen ties after Rabat diplomatic meeting
Morocco’s head of government Aziz Akhannouch met US Deputy Secretary of State Christopher Landau in Rabat on Thursday, as both countries moved to strengthen their long-standing strategic partnership. The meeting took place in the presence of US Ambassador to Morocco Duke Buchan and focused on expanding cooperation across political and......
Oil crisis accelerates global shift toward renewable energy transition
A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments and industries respond to mounting economic......
Japanese yen crosses 160 level after sharp intervention warning
The Japanese yen weakened past the 160 per dollar mark on Wednesday, touching 160.73, its lowest level since July 2024, before reversing sharply after an unusually forceful verbal intervention from Tokyo officials. The move highlighted growing tension between currency traders and Japanese authorities as speculation against the yen intensified......
China’s coal powered grid shields factories amid Asian energy shock
China’s manufacturing sector expanded in April despite a global energy crisis triggered by escalating geopolitical tensions and disruptions to maritime routes. Official data showed industrial activity continuing to grow, supported by a domestic energy system heavily reliant on coal, which has insulated factories from the sharp rise in......
Featherless.ai raises 20 million dollars to scale open source AI platform
Featherless.ai has secured 20 million dollars in a Series A funding round to expand its open source artificial intelligence infrastructure. The company, based in San Francisco, develops a serverless inference platform designed to simplify and accelerate access to large scale AI models for developers and enterprises. The funding round was......