US industrialization will be top investment theme of next decade: RBA:

ft.com/content/1b2ec092-ed94-4624-9c8f-3a80e76b894a

21h

Nomura profits surge as Japan’s stock market breaks bubble-era record: Investment bank and brokerage boosted by soaring stock and fixed-income trading

31

Apr 26

Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals

ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a

Quick Glance: Sequoia backs Elon Musk’s xAI venture

Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.

The exact amount of Sequoia's investment in xAI remains undisclosed.

Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.

176

Apr 25

Why do planes have those curved winglets?: Winglets are a multipurpose innovation that supposedly save billions of gallons of fuel and reduce turbulence

qz.com/planes-curved-winglets-origin-reason-1851436800

2

Apr 25

Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...

reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/

Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada

Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.

103

Apr 25

The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks

ft.com/content/26756186-99e5-448f-a451-f5e307b13723

The Sydney Morning Herald

38

2

B+

4h

Treasurer Jim Chalmers wants stronger foreign investment rules. What does that mean?

smh.com.au/national/treasurer-jim-chalmers-wants-stronger-foreign-investment-rules-what-does-that-mean-20240425-p5fmge.html

9

4h

Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...

reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/

11

5

Der Spiegel (online)

spiegel.de/wirtschaft/soziales/robert-habeck-mitarbeiter-sollen-kritik-am-atom-aus-ignoriert-haben-a-f2fc858d-41f5-46e7-ac7c-12e9435a827f

Apr 25

Energy security: Habeck employees are said to have ignored concerns about the nuclear phase-out

1 similar article

26

155 437

The Wall Street Journal

wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac

Apr 25

Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...

17

Apr 25

Yen hits fresh 34-year lows against dollar ahead of BOJ meeting: The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday ...

reuters.com/markets/currencies/markets-wary-intervention-yen-struggles-155-level-2024-04-25/

21

Apr 25

Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?

electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/

30

11h

Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...

bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025

0

Apr 25

Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...

cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/

39

103

CNBC

cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html

Apr 25

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...

Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets

Investors cast doubt on a Fed rate cut before September.

Expectations are now fully priced in for a rate cut on November 6-7.

The shift in market expectations stemmed from inflation and growth data.

There is now an estimated 75 percent likelihood of a Fed rate cut by September.

32 similar articles

7

156

Khaleej Times Apr 25

UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times

khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property

10

11h

What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...

axios.com/2024/04/26/american-consumer-spending-resilience-economy

1

Apr 25

Amazon to invest $11 billion in Indiana to build data centers: Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers ...

reuters.com/technology/amazon-invest-11-billion-indiana-build-data-centers-2024-04-25/

2

Apr 25

Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?

theguardian.com/australia-news/2024/apr/25/does-australias-higher-than-forecast-36-inflation-dash-hopes-for-an-interest-rate-cut

2

Apr 25

AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...

qz.com/ai-political-party-face-recognition-1851433898

64

Apr 24

Biden: We're gonna be sending equipment to Ukraine in the next few hours: US President Joe Biden has announced that the first batch of aid to Ukraine under the ...

pravda.com.ua/eng/news/2024/04/24/7452796/

Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan

President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.

Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.

The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.

Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.

24

Apr 25

Yen hits fresh 34-year lows against dollar ahead of BOJ meeting: The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday ...

reuters.com/markets/currencies/markets-wary-intervention-yen-struggles-155-level-2024-04-25/

13

Apr 24

Israel's economy is robust: After the terrorist attacks, Israel's economy and civil society are proving to be very robust. What's more ...

nzz.ch/meinung/israels-widerstandskraft-ist-ungebrochen-ld.1826806

14

Apr 24

Unemployment biggest worry in India, world's fastest growing economy: Reuters poll

reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/

37

Apr 24

Australia Inflation Reinforces RBA Case to Keep Interest Rates at 12-Year High: Australia’s inflation came in faster than expected in the first three months of ...

bloomberg.com/news/articles/2024-04-24/australian-inflation-reinforces-case-for-higher-for-longer-rates

11

Apr 23

How recommendation algorithms shape everything we interact with online: Quartz reporter Bruce Gil explains the formulas that influence what we stream, shop ...

qz.com/recommendation-algorithms-filter-online-1851426855

2

Apr 23

The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian

oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html

Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian

The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.

571

Apr 24

Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...

washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/

146

Apr 24

Danish Carlsberg Group to invest about US$50.5 million in Ukrainian business: The Danish Carlsberg Group will invest about UAH 2 billion (approx. US$50 ...

pravda.com.ua/eng/news/2024/04/24/7452793/

3

5

ABC

abc.net.au/news/2024-04-24/inflation-consumer-price-index-march-quarter-interest-rates-hecs/103757332

Apr 24

Inflation rises more than expected, with prices increasing by 3.6 per cent in last year

34

Apr 24

Dollar suffers PMI hangover, Aussie jumps on inflation surprise: The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling ...

reuters.com/markets/currencies/dollar-shaky-after-euro-rebound-yen-mired-34-year-low-2024-04-24/

10

Apr 23

Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...

reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/

khaleejtimes.com/business/uae-some-residents-sell-gold-jewellery-as-prices-of-yellow-metal-hit-record

15

4 13

Khaleej Times Apr 23

UAE: Some residents sell gold, jewellery as prices of yellow metal hit record - News | Khaleej Times

14

World Economic Forum

weforum.org/agenda/2024/04/why-recycling-metal-is-an-opportunity-too-good-to-waste/

Apr 23

Why recycling metal is an opportunity too good to waste: Recycling energy-transition metals from battery, electric vehicles and renewable energy products offers ...

6

12

TechCrunch Apr 20

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey

techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/

Quick Glance: Midas Raises $45M in Series A Funding

A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.

With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.

The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.

Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.

20

Apr 22

Everton Is Back on Market as Deal With 777 Partners Falters: With a proposed sale stalled seven months after it was announced, a financially strapped Premier ...

nytimes.com/2024/04/22/business/everton-sale-777-partners.html

6

Apr 22

Thames Water could hike bills by £200 a year to help cut sewage spills: Bill set to hit £627 by 2030 to pay for investment projects

standard.co.uk/news/london/thames-water-bill-increase-sewage-spills-b1153027.html

3

Apr 22

Here's where the world's top 0.001% are putting their money, according to wealth experts

cnbc.com/2024/04/22/heres-where-the-worlds-0point001percent-are-putting-their-money-according-to-wealth-experts.html

5

Apr 21

BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash: Asset manager’s chief has become a popular target for criticism over its ESG investing ...

ft.com/content/c1296bc4-978b-45c3-83db-c798d2439062

5

Apr 19

This explorer and conservationist is training citizen scientists to save the planet

weforum.org/agenda/2024/02/citizen-science-data-collection-training/

166

Apr 21

Corporations struggle on climate goals amid backlash over 'woke capitalism,' experts say

abcnews.go.com/US/corporations-struggle-climate-goals-amid-backlash-woke-capitalism/story

27

Apr 19

Insurance: Comprehensive or third-party liability, what’s the difference?: Knowing the main difference is key to making a decision that works for you

gulfnews.com/your-money/community-tips/insurance-comprehensive-or-third-party-liability-whats-the-difference-1.1713455746424

seekingalpha.com/article/4685095-schy-how-fed-policies-make-international-dividend-stocks-an-attractive-bet

23

16

SeekingAlpha Apr 22

SCHY: How The Fed's Policies Make International Dividend Stocks An Attractive Bet

Paid articlePaid

fussballtransfers.com/a7664367459514909458-200-millionen-investment-bayerns-plan-fuer-den-sommertransfermarkt

0

Fussball Transfers Apr 19

200 million investment: Bayern's plan for the summer transfer market: FC Bayern would like to invest a lot of money in the coming change period ...

1

14h

LIVE: Pro-Palestinian activists demonstrate outside France's Sciences Po university

twitter.com/i/broadcasts/1dRKZEgYoMVxB

15 similar articles

229

121

DEADLINE 13h

Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures

deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/

Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae

Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.

The project will be led by TriStar Pictures and directed by Lawrence Lamont.

Keke Palmer will serve as an executive producer, while SZA will make her acting debut.

Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.

181

23m

Pro-Palestinian protests expand where are the hot spots?: Students are now protesting the war in Gaza at dozens of universities and occupying campuses ...

nzz.ch/propalaestinensische-proteste-weiten-sich-aus-wo-sind-die-brennpunkte-ld.1827942

Quick Glance: Pro-Palestinian Protests: An Overview

Pro-Palestinian protests spread across US universities, with some demands being antisemitic.

Originating at Columbia University, the movement expanded nationwide.

Students call for ending ties with Israel, university administrations react diversely.

Protests mostly peaceful, potential continuation post-semester.

8

The Times of Israel

timesofisrael.com/columbia-protest-leader-banned-from-campus-for-saying-zionists-dont-deserve-to-live/

6h

Columbia protest leader banned from campus for saying ‘Zionists don’t deserve to live’

Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests

Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.

Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.

Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.

The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.

167

17h

Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...

nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128

Quick Glance: Dispute Over Video of Knife Attack on X

The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.

Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.

Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.

Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.

tomshardware.com/software/operating-systems/microsoft-releases-ms-dos-4-source-code-on-github-45-year-old-code-now-open-source

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tomshardware 18h

Microsoft releases MS-DOS 4 source code on GitHub — 45 year old code now open-source

Quick Glance: Microsoft Releases MS-DOS 4 Source Code on GitHub - 45-Year-Old Code Now Open-Source

The release of the nearly 45-year-old MS-DOS 4.00 source code under the MIT license grants tinkers full freedom, including binaries and disk images.

The decision to disclose the MS-DOS 4.00 source code was significantly influenced by the communication between former Microsoft Chief Technical Officer Ray Ozzie and a young computer researcher named Connor 'Starfrost' Hyde.

In addition to other materials, the MS-DOS 4.00 Intel 8086 assembly code and documentation are now available on GitHub, providing enthusiasts the opportunity to run the operating system on old hardware.

As a reader of Tom's Hardware, gain exclusive insights into enthusiast PC tech news and benefit from over 25 years of experience in CPUs, GPUs, artificial intelligence, and more.

173

14h

LIVE: Pro-Palestinian protests at George Washington University: Reuters Live on X (Twitter)

twitter.com/i/broadcasts/1RDxllWzDYMxL

71

2h

Philippines denies deal with China over disputed South China Sea shoal: The Philippines on Saturday denied a Chinese claim that the two countries had reached an ...

reuters.com/world/asia-pacific/philippines-denies-deal-with-china-over-disputed-south-china-sea-shoal-2024-04-27/

41

10h

US to rush Patriot missiles to Ukraine as Pentagon builds up support: Move comes as Biden administration begins parcelling out funds unlocked by Congress this ...

ft.com/content/bfd54fd8-de16-4a5a-97e7-14c701e9520f

142

2h

China's first-quarter industrial profits rise at slower pace: China's industrial profits posted smaller gains for the first quarter compared to the first two ...

reuters.com/world/china/chinas-first-quarter-industrial-profits-rise-slower-pace-2024-04-27/

153

Apr 25

Laurence Fox told to pay £180,000 in libel damages: Mrs Justice Collins Rice says the actor's comments were "gross, groundless and indefensible".

bbc.com/news/entertainment-arts-68899248

Quick Glance: Laurence Fox ordered to pay damages for libel

Actor-turned-politician Laurence Fox has been instructed to pay £90,000 in damages to two individuals he labeled as 'paedophiles' on social media.

Following a libel dispute in the High Court, he is now required to pay a total of £180,000.

During an exchange over Sainsbury's decision to recognize Black History Month in October 2020, Fox referred to Mr. Blake and Crystal as 'paedophiles.'

In a prior ruling in January, Fox's counterclaims were rejected, and judgment was made in favor of Mr. Blake and Mr. Seymour.

8.8k

14h

Elon Musk is once again richer than Mark Zuckerberg: Facebook parent Meta's hundred-billion-dollar market cap loss has cost Zuckerberg, while Musk's Tesla stock ...

qz.com/elon-musk-richer-than-mark-zuckerbrg-tesla-meta-earning-1851438236

Paid articlePaid

Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell

Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.

45

8h

Google plans $3 bln data center investment in Indiana, Virginia

33

23h

TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.

bbc.com/news/articles/c289n8m4j19o

Quick Glance: Chinese TikTok App Sale Required for National Security Measures

A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.

According to experts, China has intensified its online information operations in recent years to advance its broader objectives.

China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.

While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.

784

9h

Tesla to lay off 693 employees in Nevada, government notice says: Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice ...

reuters.com/business/autos-transportation/tesla-lay-off-693-employees-nevada-government-notice-2024-04-26/

Quick Glance: Tesla Plans Mass Layoffs in Nevada, Government Notice Reveals

Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, according to a government notice, as part of its plan to cut more than 10% of its global workforce.

Under US labor law, companies with 100 or more employees must notify authorities 60 days ahead of planned closings or mass layoffs.

Tesla announced it will lay off 6,020 employees in Texas and California, with the company's global headcount exceeding 140,000 by late 2023.

The company responded to declining sales and increased competition by announcing mass layoffs to streamline its workforce.

36

13h

Key issues discussed by Blinken in talks with Chinese leaders: U.S. Secretary of State Antony Blinken met his Chinese counterpart Wang Yi and Chinese leader Xi ...

reuters.com/world/key-issues-discussed-by-blinken-talks-with-chinese-leaders-2024-04-26/

Quick Glance: Xi and Blinken Clash Over China's Backing to Russia

Xi orders China’s biggest military reorganisation since 2015.

He emphasizes that China is not afraid of competition as long as it is based on common progress.

China is willing to cooperate with the US, provided it is mutual.

A five-point consensus was reached to stabilize relations between the two countries.

95 similar articles

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Charleston Gazette-Mail