World
Analysis of Nvidia’s stock chart ahead of the big earnings report
Nvidia is set to report earnings Wednesday after the bell and to say this is the Super Bowl of earnings reports is an understatement. There has been so much talk about the exorbitant amount of cap-ex spending that needs to be done by companies not just in the technology sector to position for the AI […]
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Hostage held by Hamas in Gaza rescued by Israeli forces, IDF says
A Bedouin man who was held hostage in Gaza for more than 10 months was rescued by Israeli forces on Tuesday, Israeli officials announced. Qaid Farhan Alkadi, 52, was rescued from an underground tunnel in a “complex mission” by Israeli commandos acting on intelligence, Israel Defense Forces spokesman Rear Adm. Daniel Hagari said in a news briefing Tuesday. “He […]
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Sony hikes price of aging PlayStation 5 console in Japan by 19%
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market. The Japanese gaming giant said its suggested retail price for the PS5 is now 79,980 yen, […]
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Xpeng releases mass-market EV with basic driver-assist for less than $20,000
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000. The basic version of the […]
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UK PM Starmer warns of ‘painful’ October budget to tackle shortfall in public finances
Prime Minister Sir Keir Starmer during his speech and press conference in the Rose Garden at 10 Downing Street on August 27, 2024 in London, England. Wpa Pool | Getty Images News | Getty Images LONDON — U.K. Prime Minister Keir Starmer on Tuesday told the nation that the upcoming October budget would be “painful,” […]
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Russia rains heavy missile, drone attack on Ukraine, a day after strike on key energy infrastructure
Ukrainian soldiers prepare a vehicle adapted to fire helicopter shells on Aug. 19, 2024. Anadolu | Anadolu | Getty Images Waves of Russian drones and missiles assailed Ukraine on Tuesday and killed at least five people, Ukrainian authorities said, in the second day of Moscow’s bolstered aerial attacks against its war-torn neighbor. Ukraine’s Air Force […]
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Copper prices near six-week high as one strategist says the ‘worst of the correction is over’
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent […]
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Britpop legends Oasis reunite for 2025 tour — and demand for tickets is expected to be huge
In this photo illustration on social platform X, Oasis announce their reunion gigs for next summer on August 27, 2024 in London, England. Leon Neal | Getty Images Entertainment | Getty Images LONDON — Liam and Noel Gallagher, the frontmen of British band Oasis, confirmed Tuesday they would put aside a 15-year feud to reunite […]
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Volkswagen China is spending lots of time at Xpeng to make new EVs
Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work to create electric cars for China, Xpeng co-president Brian Gu […]
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‘A different perspective’: This top marine scientist is determined to resolve deep-sea mining’s murky future
Environmental activists calling for an international moratorium on deep-sea mining. Sopa Images | Lightrocket | Getty Images Brazilian marine scientist Leticia Carvalho will be the first-ever woman, oceanographer and person of Latin American heritage to lead the International Seabed Authority — and she says it “feels fantastic.” “I am very proud,” Carvalho told CNBC via […]
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