US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to people familiar with the matter, while officials conduct a national security review of AI development in the region. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/IEgGYsB
TL;DR Donald Trump was found guilty of 34 charges related to falsifying business records in a hush-money trial involving porn star Stormy Daniels. His conviction was followed by volatility in meme coins linked to him and Joe Biden. Trump Found Guilty A Manhattan jury found Donald Trump guilty of all 34 charges of falsifying business…
The chip maker said the plant will be located in Catania, Sicily, and that it will produce silicon-carbide semiconductor products for power devices and modules. https://www.wsj.com/articles/stmicroelectronics-to-build-5-4-bln-chip-plant-in-italy-with-state-support-7cb0a919
Investors in South Africa had positioned for an election outcome where the ruling African National Congress could comfortably govern in coalition with a smaller party. But projections hinting at a significant erosion in ANC support have rattled those expectations and unleashed a flood of uncertainty. Bloomberg News’ Jennifer Zabasajja discusses with Joumanna Bercetche on Horizons Middle…
The Supreme Court revived a National Rifle Association lawsuit alleging a New York regulator unlawfully attempted to blacklist the organization because of its pro-gun views. https://www.wsj.com/us-news/law/supreme-court-national-rifle-association-free-speech-case-c1693e91
Indian stocks have turned volatile ahead of election results due next week, but if history is any guide the outcome makes little difference to long-term investors. from Bloomberg Markets https://ift.tt/VJH1pTE
Bruhat Soma correctly spelled words like ‘caixinha’ and ‘sciniph’ to take home the $50,000 prize. https://ift.tt/WQFld1v May 31, 2024 at 09:11AM
Donald Trump was found guilty in the first criminal trial of a former US president in the nation’s history, a verdict that could reshape the political landscape five months before Election Day. Bloomberg News’ John Harney discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Xwm5AVb
The Nikkei Stock Average loased up 1.1%, led by gains in real estate and financial stocks, as signs of slowing U.S. growth raise hopes for Fed rate cuts later this year. https://www.wsj.com/articles/australia-shares-set-to-rise-despite-weak-u-s-lead-06201c59
John Oates, of Hall & Oates, is wary of the future represented by artificial intelligence in the music industry. “Look at what’s coming in with AI, the possibility that AI is going to be replacing songwriters and artists for that matter,” Oates told Fox News Digital. “The idea that there could be a new… David…