To The Moon

UPDATE 2-US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief saysPANAMA CITY, Aug 13 -The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships could be rotated in and out of the region as needed.Hegseth's comments suggest he is advising U.S. President Donald Trump that the U.S. military can keep applying economic pressure on Iran for as long as needed to help so-far failed negotiations to end the conflict, begun in February."Indefinitely the United States Navy can maintain a blockade like that because we'll rotate ships in and out, as we have, and we'll continue to," Hegseth told reporters.He spoke in Panama after addressing the crew aboard the USS Gridley, a guided-missile destroyer, which had previously deployed to the Middle East.Trump onWednesday saidthe United States is in control of the Strait of Hormuz."The U.S.A. has total control over the Strait of Hormuz. I THINK

The Trump administration is drafting a ban on U.S. imports of new models of Chinese data center components.

UPDATE 1-China begins making homegrown DUV chipmaking tools, The Information reportsJuly 27 (Reuters)-China has begun manufacturing domestically developed immersion deep ultraviolet lithography machin

Nvidia CEO Jensen Huang published an open letter defending open-weight AI models and urging U.S. policymakers to avoid sweeping restrictions.

Recent stock declines for Tesla and SpaceX have cost Elon Musk billions of dollars, stripping him of his short-lived trillionaire status.

Stocks, corporate bonds and venture capital are increasingly dominated by a single investment theme, Apollo points outThe AI theme hasn't just cornered the stock market, it has systematically...

July 9 (Reuters) - OpenAI on Thursday unveiled ChatGPT Work, an agent in its popular chatbot designed to ​execute tasks across different applications and files, marking the startup's ‌latest push...

$Tencent Holding Ltd.(TCEHY)$ wholly-owned unit Tencent Mobility intends to sell about 273 million $KUAISHOU-W(01024)$ shares via a block trade at HK$43.15–44.53 per share, potentially raising up to roughly $1.6 billion.

Foreign investors are still pouring money into U.S. assets, and the dollar remains the undisputed global reserve currencyU.S. financial markets keep proving the naysayers wrong.Talk of America's wanin

The AI price war has begun. Big companies and startups, chafing at rapidly escalating artificial intelligence costs, are increasingly turning to tools that tap in to cheaper AI models, including some...