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NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | ReutersNvidia shares closed at a record on Friday for the first time since October, pushing the company’s market cap past $5 trillion, as investors piled into the AI chip trade ahead of earnings next week from tech’s hyperscalers. The stock rose 4.3% to close at $208.27. Nvidia is up more than 14-fold since the end of 2022, driven by soaring demand for artificial intelligence services and models. Nvidia’s graphics processing units are relied on by Google, Microsoft,…
U.S. special envoy Steve Witkoff and Jared Kushner will head to Pakistan on Saturday morning to engage in “direct talks” with their Iranian counterparts, White House press secretary Karoline Leavitt confirmed Friday.”The Iranians reached out” and asked for an in-person conversation, as President Donald Trump had asked them to do, Leavitt said on Fox News. “So the president is dispatching Steve and Jared to go hear what they have to say, and we’re hopeful that it will be a productive conversation and hopefully move the ball forward towards a deal,” she said.The announcement signals a potential diplomatic breakthrough after the…
The Polymarket prediction market website is displayed on a computer screen, Jan. 11, 2026, in New York.Wyatte Grantham-Philips | APThe Army Special Forces soldier criminally charged in connection with making hugely profitable bets on Polymarket related to the U.S. military raid that captured Venezuelan leader Nicolás Maduro was released Friday on an unsecured $250,000 bond after appearing in federal court in Raleigh, N.C.Master Sgt. Gannon Ken Van Dyke was ordered to appear Tuesday in U.S. District Court in Manhattan, where he has been indicted on wire fraud and other charges related to allegedly using classified information about the planned operation…
US to hold public hearings on April 28-29 related to probes of forced labor Source link
The Federal Communications Commission clarified this week that its sweeping ban on foreign-made consumer routers also affects portable hotspot devices. The FCC added a new section to an FAQ titled, “Is my device a consumer-grade router under the National Security Determination?” The new FAQ section says this category includes “consumer-grade portable or mobile MiFi Wi-Fi or hotspot devices for residential use.” The ban does not cover “mobile phones with hotspot features,” the FAQ says. This means that companies making consumer hotspots need an exemption from the government to import and sell any future hotspots that haven’t previously been approved by…
Trump International responded calling the Greens leader an “imbecile” after he shared his personal opinion on the Holyrood campaign trail. Source link
Two boys paddle-board in the sea as ships are anchored near the shoreline on April 22, 2026 in Bandar Abbas, Iran. Stringer | Getty ImagesBaker Hughes is working under the assumption that the Strait of Hormuz may not fully reopen for months, a senior executive at the influential oilfield services firm said Friday. Baker is assuming in its guidance that the U.S.-Iran conflict continues through the end of June and the strait may not be fully operational until the second half of the year, Chief Financial Officer Ahmed Moghal told investors on the company’s first-quarter earnings call. “There’s still a…
SLB seeks to pass on costs as Iran war disrupts supply chains Source link
Amazon stock is finally getting the breakout we have been waiting for — and another artificial intelligence chip win on Friday may help explain why. Shares of the e-commerce and cloud giant popped nearly 3% to above $263 each, on track for their second record-high close this week. The latest catalyst: Friday morning’s announcement that Meta Platforms has agreed to use Amazon’s Graviton chips to help run the social media and AI company’s massive computing needs. The deal, which will run at least three years, makes Meta a top-five customer of Graviton, which are central processing units (CPUs) based on…
U.S. Attorney for the District of Columbia Jeanine Ferris Pirro speaks during a press conference at the Department of Justice, in Washington, D.C., U.S., Aug. 12, 2025.Annabelle Gordon | ReutersPresident Donald Trump has repeatedly attacked the independence of the Federal Reserve. Friday’s dropping of a Justice Department probe into Federal Reserve Chair Jerome Powell doesn’t fully resolve the threat, though it will clear a path to the confirmation of Trump’s nominee for chair, Kevin Warsh.”I think we would be foolish to conclude from this that the Fed is out of the woods,” said Lev Menand, a professor at Columbia Law…
