Samuel Nwite
AUTHOR: Samuel Nwite
AI Chip Rout Wipes Out $1.3tn as Investors Question Sustainability of Sector’s Historic Rally
A brutal selloff swept through Wall Street's semiconductor sector on Friday, erasing roughly $1.3 trillion in market value and exposing growing investor anxiety that...
Trump Administration Accelerates AI Adoption for National Security While Setting Guardrails Against Misuse
The White House on Friday issued a national security memorandum directing a faster rollout of artificial intelligence across U.S. intelligence and military operations, while...
Netflix Turns the Page on Reed Hastings Era as Longtime Director Jay Hoag Takes...
Netflix has formally begun a new chapter in its corporate history, appointing longtime board member Jay Hoag as chairman following the departure of co-founder...
SpaceX Lands $920M-a-Month Google Deal as IPO Nears, Strengthening Case for AI Infrastructure Dominance
SpaceX has secured another major commercial customer for its rapidly expanding AI infrastructure business, with Google agreeing to pay the company $920 million per...
Russian Rosneft’s Sechin Says Closure of Hormuz Designed to Benefit U.S., Questions OPEC+ Influence
The closure of the Strait of Hormuz has redrawn the global energy landscape, sending oil prices sharply higher, fueling inflationary pressures across major economies,...