China Releases Top Chip Investor
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China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China's government over the prospects for the world's second-largest economy.
China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China’s government over the prospects for the world’s second-largest economy.The Wall Street Journal - World - China -
S&P 500 Futures Rise as Earnings Roll In
U.S. stock futures rose after Federal Reserve Chair Jerome Powell indicated the bar to cut interest rates had gone up.The Wall Street Journal - World -
Protesters in Israel demand deal to secure hostages release
There were mass demonstrations in Israel as thousands of protesters blocked a highway in Tel Aviv, demanding a deal to secure the release of Israeli hostages in Gaza.CBS News - World - Israel -
Democrats release report on big oil probe
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Democrats release report on big oil probe According to a report from a yearslong investigation by House Democrats, major oil ...The Hill - Politics -
Columbia releases statement saying protesters 'chose to escalate'
Columbia University has released a statement saying that they "regret that protesters have chosen to escalate the situation." This comes after the university wrote a letter to NYPD asking them to intervene.NBC News - Top stories -
Samsung's Net Profit Quadruples as Chip Business Rebounds
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.The Wall Street Journal - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - World - United Kingdom -
Theatre funds and mega-investors edge out ‘angels’ in thriving West End
Individuals can invest as little as a few thousand into productions, but flops are an eternal riskFinancial Times - Business -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - Business - United Kingdom -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Coca-Cola and Pepsi face investors’ bubbling health concerns
Also in today’s newsletter, a new twist in the Science-Based Targets initiative dramaFinancial Times - World -
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
Big Shell investors urge others to back greater climate action
The shareholders say meeting the Paris Agreement goals is ‘essential to preserve the health of the global economy’Financial Times - Business - Climate -
Buffett Rules Out 'Eye-Popping' Returns. But Investors Aren't Listening.
Berkshire is poised to hit a $1 trillion valuation as investors gather this weekend for its annual shareholder meetingThe Wall Street Journal - World -
Energy Dept. Releases New Efficiency Rules for Water Heaters and Other Appliances
The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up their criticisms.The New York Times - Top stories -
U.S. citizens are languishing in Chinese prisons with little hope of release
As Secretary of State Antony Blinken visited China this week, the most important issue for hundreds of families in the U.S. was when their loved ones imprisoned in the country are coming home.NBC News - Politics -
Trump Calls for Release of Wall Street Journal Reporter Evan Gershkovich
“I think he’s a very brave young man,” the former president said.The Wall Street Journal - World - Donald Trump -
Life By You, Highly Anticipated The Sims Competitor, Gets Summer Release Date
Life by You, the highly anticipated life sim from Paradox Interactive, has finally landed an early-access release date. After a short delay, the upcoming The Sims 4 competitor is scheduled to launch on PC on June 4, 2024. The game will be ...GameSpot - Tech -
Energy Dept. Releases New Efficiency Rules for Water Heaters and Other Appliances
The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up their criticisms.The New York Times - World -
Accused teen linked to Sydney bishop's stabbing applies for release from custody
A 15-year-old boy who claims to be a friend of the teen accused of stabbing a Sydney bishop recently has applied to be released from custody on bailABC News - World -
World awaits Hamas response to Israel cease-fire, hostage release proposal
Israel has submitted a proposal for a potential temporary cease-fire and hostage release deal that Hamas has not yet replied to. CBS News foreign correspondent Ramy Inocencio has more on the negotiation efforts.CBS News - Top stories - Israel -
Energy Dept. Releases New Efficiency Rules for Water Heaters and Other Appliances
The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up their criticisms.The New York Times - Science -
Vanessa Williams Releases ‘Legs’ Music Video Featuring Edgy Ensembles
Vanessa Williams’s many ensembles in a music video for her new song, “Legs (Keep Dancing),” evoke her knack for portraying a diva with style.The New York Times - Lifestyle -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Nvidia is chip sector’s only hope after AMD and Super Micro disappoint
Investors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Computer.MarketWatch - Business -
SK Hynix's AI-Related Memory Chips Sold Out for Year
SK Hynix said its high bandwidth memory products were sold out for this year and almost fully booked for 2025 due to brisk demand for artificial-intelligence chips.The Wall Street Journal - Tech -
The Exodus of China's Wealthy to Japan
Frustrations with Beijing’s autocratic political system and the economic slowdown have driven some people to leave China and settle in Japan.The Wall Street Journal - World - China -
Eli Lilly assures investors it can overcome the high-quality problem of too much demand
The world's most valuable drugmaker hiked its full-year sales and profit guidance, despite missing lighter-than-expected first-quarter revenue.CNBC - Business -
Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors
Recent inflation readings have come in hot, but commodity prices and other indicators seem to show signs of cooling.CNBC - Business -
Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors' club Tiger 21
Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt.CNBC - Business -
Catholic Church calls for the release of a missing bishop who mediated among cartels in a conflictive Mexican state
Catholic Church calls for the release of a missing bishop who mediated among cartels in a conflictive Mexican stateABC News - World -
U.S. pushes for more humanitarian aid in Gaza, deal to release hostages held by Hamas
Secretary of State Antony Blinken has been speaking with Israeli Prime Minister Benjamin Netanyahu to increase aid in Gaza. The U.S. is also pushing for a deal to release hostages held by Hamas. Meanwhile, Netanyahu has warned a military invasion ...CBS News - Top stories -
2024 NFL schedule release: Ranking eight potential matchups for Chiefs in season opener
Who could Kansas City play in Week 1?CBS Sports - Sports - NFL -
U.S. pushes for more humanitarian aid in Gaza, deal to release hostages held by Hamas
Secretary of State Antony Blinken has been speaking with Israeli Prime Minister Benjamin Netanyahu to increase aid in Gaza. The U.S. is also pushing for a deal to release hostages held by Hamas. Meanwhile, Netanyahu has warned a military invasion ...CBS News - World -
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To put bloom back on UCLA, new coach DeShaun Foster and staff rip up Chip Kelly's blueprint
In the two months since Chip Kelly left the building on his way to Ohio State, the Bruins have charted a different pathCBS Sports - Sports -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business