WISeSat.Space Holdings Corp.(NASDAQ:SAIQ) shares are trading higher during Monday’s premarket session and were up as much as 500% at one point. On Friday, WISeQey Corp.’s subsidiary WISeSat.Space disclosed the completion of its previously announced business combination (reverse SPAC merger) with…
AI-driven job disruption is moving faster than any technological shift in history, and Nobel Prize-winning economist Daron Acemoglu warns unemployment could triple within a decade if nothing changes. “What we are living through with AI is unprecedented,” Acemoglu said in…
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is doubling down on the artificial intelligence semiconductor boom as surging demand pushes the chipmaker to expand manufacturing and advanced-packaging capacity worldwide.The company is considering a new manufacturing campus in Texas that could involve…
U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Monday. Shares of Align Technology Inc (NASDAQ:ALGN) fell sharply in pre-market trading. Evercore ISI Group analyst Elizabeth Anderson downgraded Align Technology from Outperform to…
Bill “Bond King” Gross, who built his reputation by turning a boring corner of fixed income into an active-trading powerhouse at PIMCO, is now telling investors to steer clear of the same asset class that made him famous.In a Financial…
Mohsen Rezaei, Iran’s national security adviser, reportedly warned that the country’s economic crisis has entered one of its most challenging periods as the rial falls under intensifying sanctions pressure. Rezaei delivered the warning during a government meeting on Oct. 3,…
Energy Secretary Chris Wright on Saturday hailed the G7’s decision to release 100 million barrels of oil and refined products through the International Energy Agency, saying the move would benefit U.S. farmers, truckers and builders. This follows a request for…
Economist Steve Hanke criticized Jared Kushner’s role in U.S.-Russia diplomacy after a report said negotiations over ending the Ukraine war had expanded to include a multibillion-dollar deal involving international assets of Russian oil producer Lukoil. Hanke Questions Kushner’s Diplomatic Role…
MercadoLibre, Inc. (NASDAQ:MELI) stock is trading about 6% higher during Monday’s premarket session as investors assess the results of Brazil’s first-round presidential election.According to reports, the market seems to be favoring far-right candidate Flavio Bolsonaro on account of promises of…
Google has paused product vulnerability submissions to its open-source bug bounty program after a surge in automated reports overwhelmed the process. The Open Source Software Vulnerability Reward Program, or OSS VRP, rewards security researchers for finding and reporting vulnerabilities in…