In an impressive show of commitment to artificial intelligence (AI) innovation, Microsoft has announced plans to allocate a staggering $80 billion towards the establishment of data centers designed to support AI workloads in fiscal year 2025, as highlighted by Vice Chair and President Brad Smith. This expenditure underscores Microsoft’s belief in the pivotal role that
The financial landscape is poised for a pivotal week as investors brace for the release of the U.S. jobs report—an event that holds significant implications for the stock market’s trajectory in 2025. After a profitable year in 2024, characterized by sharp gains across major indices, market participants are now keenly focused on labor data to
Rivian Automotive has managed to capture the spotlight as its shares soared by an astounding 24.5% in a single trading day, marking the largest single-day gain since the company went public back in November 2021. Closing at $16.49, this spike in stock price signals a potentially pivotal moment for Rivian in the competitive electric vehicle
In a surprising turn of events, Nvidia’s stock recently entered correction territory, despite the broader Nasdaq Composite reaching unprecedented heights. This juxtaposition raises critical questions about Nvidia’s standing in the rapidly evolving semiconductor market and its association with artificial intelligence (AI), a sector it has dominated convincingly this year. With a staggering 166% increase in
In recent years, the sports betting landscape has undergone rapid transformation, driven by technological innovation and changing regulations. DraftKings, a leader in the online gaming market, is looking to stay ahead of the curve with the introduction of its subscription service, DraftKings Sportsbook+. Launched quietly on December 28 for select customers in New York, this
As the movie industry reflects on its performance during the opening weekend of the new year, it appears that the competition between Disney’s “Mufasa” and Paramount’s “Sonic the Hedgehog 3” has driven ticket sales beyond last year’s results. This weekend’s projections indicate a promising start for both films, showcasing a healthy resurgence in the box
The ongoing energy crisis in the breakaway Moldovan region of Transdniestria has taken a significant toll on local residents and presents various challenges to the broader geopolitical landscape. Following Kyiv’s decision not to extend a gas transit contract with Russia, Transdniestria has become increasingly dependent on limited resources, leading to widespread power cuts. In January,
As the annual awards season commences, a poignant documentary emerges on the horizon: “From Ground Zero,” Palestine’s official entry for the Oscar for Best International Feature. This highly anticipated film is set to light up screens in approximately 70 AMC locations across major U.S. markets, alongside select arthouse theaters in New York and Los Angeles.
In a critical advisory issued by the U.S. Surgeon General Dr. Vivek Murthy, the relationship between alcohol consumption and an increased risk of cancer has taken center stage. This recent alert serves to highlight not only the dangers associated with alcohol but also the need for immediate policy reforms aimed at mitigating these risks. The
The latest financial analysis from Bank of America has unveiled impressive growth in App Store revenue, indicating a thriving digital ecosystem. In the first quarter of fiscal 2025, revenue surged to $8.1 billion, reflecting a notable 15% increase year-over-year. Downloads on both iPhone and iPad platforms followed suit, jumping by 7.6% to reach 8.8 billion