Hang Seng Index dives amid AI and war concerns
Asian stocks struggled to stay above water in early trade on Thursday, as tech earnings optimism provided only fleeting support amid lingering concerns over artificial intelligence and uncertainty in the Gulf. In Hong Kong, the benchmark Hang Seng Index opened 138 points, or 0.58 percent, down at 23,513 before losses expanded. On the mainland, the Shanghai Composite Index opened up 1 point, at 3,714. The Shenzhen Component Index opened down 14 points, or 0.12 percent at 11,690. The ChiNext Index fell 6 points, or 0.25 percent, to 2,687. In the US market, Meta reported third-quarter revenue that beat expectations, while AI server maker Super Micro forecast quarterly revenue and profit margin that both topped estimates. However, Meta's plan to issue non-voting class C common stock drew renewed scrutiny on AI spending. "There's a lot of noise out there at the moment and investors are still digesting this morning's results," said Kyle Rodda, senior financial market analyst at Capital.com. "Also, we're really only at the start of the meaty part of earnings season, which is coming at the same time that investors are tackling the uncertainty from an upcoming Fed decision, geopolitical risks, and US midterms." In a sign of subdued risk sentiment, the yield on benchmark 10-year...
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Pope Leo XIV needs no further lung cancer treatment, Vatican says
Pope Leo XIV, 71, will require no further treatment for lung cancer after tests confirmed the disease was localised, the Vatican said Wednesday. The pontiff underwent surgery last week to remove part of his right lung after being diagnosed with adenocarcinoma. He was discharged Saturday and will gradually resume activities.
Elon Musk Says SpaceX and Tesla Are Exploring a Merger
A deal would consolidate Elon Musk’s holdings in rockets, cars and artificial intelligence into a company worth well over $3 trillion.
41 Things To Make You Feel Like A Type A Traveler, Even If You're More Like A Type F
You're not bad at traveling; you just lack the right tools. View Entire Post ›
Holiday Travel Swiftly Approaches: Grab These 56 Things Now So You’re Not Panicking Next Month
If you have little kids and are unfamiliar with water-painting books...they are a total game changer. View Entire Post ›
JOALI Maldives: Holidays Come with an Island – and a Clock – of Their Own
The island runs on Island Time, a time that feels entirely independent from the typical demands of your life The post JOALI Maldives: Holidays Come with an Island – and a Clock – of Their Own appeared first on Business Traveller.
France Riots Expose the Rage Aimed at Dior, Hermès and Other Luxury Brands
The looting of stores belonging to brands like Dior, Celine and Hermès has exposed a crack in the glossy facade.
Websites taken down worldwide as critical cyber-security update issued
The vulnerabilities with PHP, a programming language widely used across the internet, have been described as the most significant ever found by AI.
U.S. to Tap Heating Oil Reserves Ahead of Midterm Elections
The Trump administration will release 315,000 barrels of heating oil, but analysts say the amount is too small to make much of a difference.
America Mints a New National Park, Elevating an Arizonan ‘Sky Island’
After years of bipartisan effort, the former Chiricahua National Monument, in southeast Arizona, has become the United States’ 64th national park.
Clayface review: DC spin-off delivers a grisly, vengeance-fuelled body-horror thriller
3.5/5 stars From Venom and Morbius to Birds of Prey and The New Mutants, elevating side characters to centre stage in Marvel and DC comic-book adaptations rarely takes flight. Clayface, however, is an exception. Set in the Gotham underworld, the new film features no sign – or even mention – of Batman, but no matter. A grisly but delicious tale of Hollywood excess, this DC thriller is part crime, part horror and certainly not one for the squeamish. Tom Rhys Harries (Suspicion) stars as Matt...
Fears of a pan-African Ebola crisis growing as fourth country reports first case
As Nigeria reports its first case of Ebola, fears are growing that the epidemic that started in the Democratic Republic of Congo in May could be on the verge of becoming a bigger regional crisis.
GM Aims to Bring ‘Eyes-Off’ Driving to AI-Powered Cars Within 2 Years
General Motors is seeking help from artificial intelligence to keep up with Chinese companies that introduce vehicles very quickly.