President-elect Trump said he can bring peace to Ukraine. But a deal is unlikely to last unless Ukraine gets security guarantees. It’s unclear what, if any, guarantees Trump would back. In the wake of Donald Trump’s election victory, momentum is building behind the president-elect’s pledge to end Russia’s two-year war in Ukraine once he takes…
US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 firms beating third-quarter profit estimates. US stocks rose Friday, with traders looking to cap off a solid week of rebounds…
Jimmy Lai was the chief of the now-defunct Hong Kong tabloid Apple Daily. Now 77, he’s facing a life sentence in a national security trial in Hong Kong. He was arrested in August 2020 after the intense anti-China government protests of 2019. Jimmy Lai, once one of Hong Kong’s most outspoken media tycoons, has been…
North Korean troops in Russia help Putin beyond sheer manpower needs — they help him at home, too. The ISW wrote on Sunday that Pyongyang’s deployments help Putin avoid another mobilization, for now. Yet, given Russia’s current casualties, that only sustains the war for about three months, ISW said. North Korea’s manpower injection for the…
Bluesky has seen a surge in users after the US election and as X introduces new terms of service. The app offers familiar features, making it a smooth transition from X. Here’s how to get started on Bluesky. Bluesky is having quite the week as millions of people flock to sign up in the wake…
Elon Musk amended his lawsuit against OpenAI and Sam Altman, adding Microsoft as a defendant. Musk included emails between himself and Altman from 2015 in which they discussed starting OpenAI. Musk said OpenAI and Microsoft have formed a “de facto merger.” Elon Musk unveiled several emails between himself and fellow billionaire Sam Altman this week…
Elon Musk’s net worth has soared past $300 billion, according to the Bloomberg Billionaires Index. It comes off the back of big stock market gains for Tesla following Trump’s election win. Tesla hit a trillion-dollar market valuation on Friday. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
Warren Buffett hasn’t endorsed Kamala Harris in her presidential race against Donald Trump. The Berkshire Hathaway CEO campaigned for Hillary Clinton in 2016 and threw fundraisers for Obama. Buffett has said he doesn’t want to risk hurting his workers and shareholders by voicing his views. Thanks for signing up! Access your favorite topics in a…
Tesla stock has surged since the company reported earnings on Wednesday. Wall Street analysts broke down the factors they believe are fueling the rally. Emarketer analyst Jacob Bourne said the “surprise element” was the biggest contributor. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the…
Russia is hosting a BRICS summit this week, showing the limits of attempts to isolate it. The grouping is buoyant after ballooning from five members to nine. A larger membership, though, widens the chance of internal conflict that impedes the bloc’s aims. Thanks for signing up! Access your favorite topics in a personalized feed while…