World
AI Summary
- The semiconductor industry is experiencing significant volatility, with Micron reporting robust earnings and boosted guidance, while Cerebras faces challenges due to a shortage of operating data centers and SK Hynix plans a substantial US listing.
- Geopolitical tensions remain high, particularly concerning Iran and the Strait of Hormuz, impacting oil tanker earnings and leading to debates over nuclear inspections and international relations.
- The artificial intelligence sector is seeing major developments, including new AI chip collaborations between OpenAI and Broadcom, and Google's dual nuclear tech strategy, alongside concerns about a shortage of data center infrastructure.
- Global energy markets are in flux, with record US oil production contrasting with refinery shutdowns in Russia due to drone attacks, and nations like Mexico seeking to restart oil shipments to Cuba.
- Political landscapes are shifting globally, with internal party conflicts in the US, shifts in leadership in the UK, and elections in Colombia impacting international relations and policy decisions.
ZeroHedge
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Micron Soars After Reporting Blowout Earnings, Boosts Guidance
an hour ago
by Tyler Durden
Micron Soars After Reporting Blowout Earnings, Boosts Guidance Step aside Nvidia: as we noted in our preview, with the world's most valuable company going nowhere in recent months, all attention has shifted to Micron, which has rapidly become one of the most important stocks in the world and certainly the most actively traded , surpassing both Nvidia and Tesla in recent days. As such all eyes were on Micron's earnings today, and even with sentiment at 11/10, according to UBS, the company still managed to blow away expectations. Here is what it just reported for the just concluded May/Q3 fiscal
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GOP Civil War Erupts On Two Fronts: Luna Freezes The House Floor, Trump Gets "Brother'd" By Cassidy In Senate Over SAVE Act
2 hours ago
by Tyler Durden
GOP Civil War Erupts On Two Fronts: Luna Freezes The House Floor, Trump Gets "Brother'd" By Cassidy In Senate Over SAVE Act The Republican Party's long-simmering tensions over election integrity exploded into open warfare on Wednesday , with chaos breaking out simultaneously in the House and Senate - and President Trump caught in the middle of both. It started, as these things often do, with a procedural knife fight. Rep. Anna Paulina Luna (R-FL) and a band of House conservatives declared they would refuse to support any rule votes this week unless Senate Republicans finally moved the SAVE America Act
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72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
2 hours ago
by Tyler Durden
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease. Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one of the most active contracts, along with August $60,
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Grand Theft Auto VI Pre-Orders Begin Thursday; Wall Street Responds...
3 hours ago
by Tyler Durden
Grand Theft Auto VI Pre-Orders Begin Thursday; Wall Street Responds... Take-Two Interactive said that its Rockstar Games studio will begin long-awaited pre-orders for Grand Theft Auto VI on Thursday. The action-packed game is priced at $79.99 and is scheduled to launch on November 19 for PlayStation 5 and Xbox Series X|S. "Launching November 19, 2026, for the PlayStation 5 computer entertainment systems and Xbox Series X|S games and entertainment systems for $79.99, Grand Theft Auto VI features a single-player experience set in the biggest, most immersive evolution of the series yet," Take-Two wrote in a press release. The last major
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Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova
3 hours ago
by Tyler Durden
Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova Google is placing its nuclear bets through more than one channel . Elementl Power, the independent developer that received early-stage capital from Google in 2025 to prepare three US sites, has now made its first clear technology choice on at least one of them. Elementl signed an Early Works Agreement with GE Vernova Hitachi Nuclear Energy (GVH) to deploy BWRX-300 SMRs at a nearly 700-acre site in Meigs County, Ohio. The project targets up to 1.5 GW of power production . Elementl has already filed a PJM interconnection
The Guardian
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France confirms first Ebola case in doctor who had worked in DRC
9 hours ago
by Rachel Savage and agencies
France, Ebola, Democratic Republic of the Congo, Africa, Europe, World news, World Health Organization, Humanitarian responseFrench health ministry says patient’s contacts are being traced and that risk to European public is very low The first case of Ebola has been confirmed in France, the country’s health ministry has said, in a doctor who had returned from a humanitarian mission to an area affected by the outbreak in the Democratic Republic of the Congo. The patient was transferred to a specialist facility and was in a stable condition, the ministry said in a statement . “All precautionary measures, including the patient’s isolation, were taken upon his arrival in the country, with transfer to the hospital under
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Play puts spotlight on Kenya’s crisis of gender-based violence
18 hours ago
by Carlos Mureithi in Nairobi. Photographs by Esther Sweeney
Kenya, Violence against women and girls, Theatre, Stage, Culture, Africa, World newsAutobiographical work Free Me aims to encourage victims to speak out in country where violence against women is rising There are audible gasps in the auditorium in Nairobi as a husband launches a volley of blows and slaps on his wife and pushes her to the floor. “I wish I could spare you this,” the wife tells the audience. “My husband beat me up as if we were in a bar fight. Except, in a bar someone fights back.” The scene comes from Free Me, an autobiographical play by Gathoni Kimuyu, a Kenyan theatre and TV producer who lived through
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Kenyan minister orders halt to construction of US Ebola facility
a day ago
by Rachel Savage and agencies
Ebola, Kenya, Africa, Trump administration, Democratic Republic of Congo, US news, World newsDecision comes after Aden Duale was held in contempt for ignoring previous high court ruling to stop work Kenya’s health minister told a court he had ordered preparations for a US-run Ebola quarantine facility to stop, after being held in contempt for ignoring a previous order to end work. Many Kenyans strongly oppose the facility , with deadly protests erupting since the complex was announced in May for US citizens evacuated from the Democratic Republic of Congo, which is grappling with a widespread Ebola outbreak . Continue reading...
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UK prioritised ties with UAE over averting mass atrocities in Sudan, MPs to be told
a day ago
by Mark Townsend
Global development, Sudan, Conflict and arms, UK news, Foreign, Commonwealth and Development Office, World news, Politics, Africa, Middle East and north Africa, War crimes, International law, Law, Foreign policy, House of Commons, Human rights, Ethiopia, United Arab EmiratesForeign Office failed to act on warnings of genocide due to ‘pressure’ from emirates, Yale human rights investigator will tell a parliamentary select committee The British government had received intelligence that Ethiopia appeared to be supporting a genocidal militia in Sudan’s civil war as far back as 2024 but did not go public with the news for fear of upsetting the United Arab Emirates (UAE), a parliamentary committee will hear. In May 2024, officials from the Foreign, Commonwealth and Development Office (FCDO) told Nathaniel Raymond , an American human rights investigator at Yale University, that “significant private pressure” from the
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Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon
4 days ago
by Rachel Savage in Durban and Pietermaritzburg. Photographs by James Oatway
South Africa, Ultrarunning, World news, Africa, SportFor one day every June, South Africa’s searing racial inequality seems to melt away at Comrades race In the early morning dark, thousands of runners waited, jostling with anticipation. South Africa’s national anthem rang out. Then the haunting swell of Shosholoza , first sung by Zimbabwean migrant workers in South Africa’s goldmines. Finally, that unmistakable, spine-tingling piano: Chariots of Fire. Runners gather before the start of the marathon Continue reading...
South China Morning Post
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Brazil detains Spanish woman for racism, in latest high-profile arrest
3 hours ago
by Associated Press
Brazil’s federal police detained a Spanish citizen in Sao Paulo’s international Guarulhos airport for racism on Wednesday, the latest in a series of high-profile arrests of foreign tourists on similar grounds. Brazil has some of the strictest anti-racism laws in Latin America. Insulting a person on the basis of race carries a penalty of imprisonment from two to five years and a fine. The crew of a Latam airlines flight arriving from the northeastern city of Sao Luis called police, who arrested...
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Trump’s name is gone from the Kennedy Centre. Why is the tarp still up?
3 hours ago
by Agence France-Presse
A US federal judge asked on Wednesday for an explanation for why a tarpaulin continues to cover the facade of the Kennedy Centre where President Donald Trump’s name was recently removed. District Judge Christopher Cooper gave the board of trustees of the performing arts venue until the end of July to explain “the purpose for and status of the tarp and scaffolding that defendants have erected on the front portico of the centre”. Trump’s name was removed from the Kennedy Centre on the orders of...
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Trump cancels signing of key US housing bill until Save America Act is passed
6 hours ago
by Reuters
President Donald Trump cancelled his plan to sign a bipartisan affordable housing bill on Wednesday in an effort to pressure his fellow Republicans to pass a long-stalled package of US national voting restrictions that has aggravated party fissures and shown the limits of his power. “Today’s Housing News Conference and Signing is hereby cancelled until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency,” Trump wrote in a social media...
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France confirms Ebola virus in doctor who worked in Congo
7 hours ago
by Associated Press
A positive case of Ebola virus has been identified in France in a doctor travelling back from the Democratic Republic of Congo (DRC), the French Ministry of Health said Wednesday. The individual, who has not been identified, returned from a humanitarian mission in one of the virus transmission zones in the DRC and was taken into care at a specialised facility in France. The person is in stable condition, the ministry said. The Congolese health ministry said on Wednesday there are 1,094 confirmed...
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Indian tech hub names road for Trump, draws flak from PM Modi’s party
8 hours ago
by Reuters
A key road named after US President Donald Trump in India’s opposition-ruled tech hub of Hyderabad has drawn criticism from Prime Minister Narendra Modi’s ruling party, which dismissed the move as “hypocrisy”. US-India ties have deteriorated during Trump’s second term, with Washington imposing high tariffs on Indian goods, punishing New Delhi for purchasing Russian oil, and engaging closely with India’s arch-rival Pakistan. The road in the capital of the southern state of Telangana, ruled by...
New York Times
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Trump Stokes Chaos in Congress as He Huddles With the G.O.P.
3 hours ago
by Carl Hulse and Michael Gold
Republican Party, Senate, House of Representatives, Affordable Housing, Real Estate and Housing (Residential), Cost of Living and Affordability, Law and Legislation, Thune, John R, United States Politics and Government, Trump, Donald J, Midterm Elections (2026)Hours before visiting the Capitol, the president scrapped plans to sign a major housing bill, condemning “bad Republicans” for resisting his demands to ram through new voting restrictions.
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Housing Package Passed by Congress Has Wide Appeal, but It’s No Quick Fix
6 hours ago
by Tony Romm
United States Politics and Government, Real Estate and Housing (Residential), Building (Construction), Prices (Fares, Fees and Rates), Affordable Housing, Trump, Donald JThe first housing package in decades will take time to put into effect, testing the patience of families rankled by high prices.
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From ‘Terrible People’ to ‘Smart People’: The Trump-Led Right Rethinks Iran
2 hours ago
by Anton Troianovski
US and Israeli Attack on Iran (2026), United States Politics and Government, United States International Relations, Trump, Donald J, Vance, J D, Iran, Conservatism (US Politics), Republican PartyThe president has sought to recast the Iranian government as he pursues a peace deal. But there are signs that a softening on Iran in the Republican Party goes well beyond him.
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Iran’s Loyalists Promote a Wider Nationalism, Unveiled Women Included
13 hours ago
by Erika Solomon and Sanam Mahoozi
US and Israeli Attack on Iran (2026), Iran, Demonstrations, Protests and Riots, Muslim Veiling, Women's Rights, Nationalism (Theory and Philosophy), Tehran (Iran), Politics and Government, PropagandaGovernment supporters are showing off new ties with alleged former dissidents in a bid to show that they can withstand enemies at home as well as abroad.
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After Bruising Primaries in New York, Democrats Look to November Elections
3 hours ago
by Benjamin Oreskes and Grace Ashford
live-detached, Conley, Cait, Lawler, Mike (1986- ), Smullen, Robert, Constantino, Anthony T (1982- ), New York State, United States Politics and Government, Midterm Elections (2026), Elections, House of Representatives, Primaries and Caucuses, Democratic Party, Republican PartyThe party secured key victories in New York City, but battles across the state suggest a larger fight awaits in the fall.