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8/15
02:22
Despite more than 87% of Gaza's agricultural land being destroyed and annual production plummeting from 524,000 tonnes to 20,000 tonnes, farmers are turning to greenhouses and rented plots to restart their livelihoods. One farmer, Mohammad al-Halabi, lost his 40,000-square-meter land in February 2024 and now cultivates a 300-square-meter rented plot. Another, Mohammad Abdul Naser Hassan al-Jadba, established a nursery and greenhouse with funding, earning around $1,015 monthly and employing two others.
8/14
23:32
Morgan Stanley analyst Joseph Moore likened NVIDIA's model of providing credit endorsements to emerging AI cloud service providers (neoclouds) in exchange for a share of cloud revenue to "financial innovation in the AI sector." The report pointed out that if the neocloud ecosystem develops to a scale of 25 gigawatts of hashrate, it could generate an estimated annual revenue pool of $500 billion. If NVIDIA were to capture a quarter of the profit share from this, it could potentially lead to an upside of up to 60% in its FY28 earnings before interest and taxes (EBIT). Morgan Stanley maintained an "Overweight" rating on NVIDIA with a price target of $288, listing it as its top pick in the semiconductor industry. NVIDIA recently also announced the establishment of a $50 billion investment fund to support long-term investments tied to revenue.
22:10
The powerful quake damaged buildings and sent residents to higher ground.
22:07
Director of National Intelligence Jay Clayton stated that the project is crucial for ensuring the White House serves as a secure meeting place for the President and senior government officials. It will also enhance the level of protection for the President and senior officials, and strengthen the processing, management, and utilization of information within the intelligence community.
19:47
U.S. President Donald Trump is expected to attend a meeting at the White House this Wednesday that will bring together CEOs of cryptocurrency, prediction market, and artificial intelligence companies, according to sources familiar with the matter. The meeting aims to kickstart some major policy conversations in U.S. innovation. These executives are also members of the Commodity Futures Trading Commission's (CFTC) newly formed Technology Advisory Committee, and they will attend the White House meeting before their first committee meeting on Thursday. Attendees have been informed that Donald Trump plans to be present.
19:32
The move is designed to address investor concerns about the chipmaker's exposure.
19:04
Yemen's internationally recognized government said the Houthi movement fired six ballistic missiles on Friday at the Red Sea port city of al-Makha, killing at least four civilians and burning several fishing boats. The attack occurred amid an escalation of hostilities between the Iran-backed Houthis and the Saudi-backed Yemeni government.
19:01
Oracle's $165 billion "Project Jupiter" AI data center, a critical component of its Stargate contract with OpenAI, has encountered new obstacles. Transwestern Pipeline, a subsidiary of pipeline operator Energy Transfer LP, disclosed that the "Green Chili Project" natural gas pipeline, originally scheduled to commence operations on August 15, 2026, is now expected to be delayed until February 1, 2027. This pipeline is core infrastructure for fueling "Project Jupiter." Following the announcement of the delay, Oracle's stock price initially fell by 4.6%, ultimately closing down 3.7%. The pipeline delay is primarily due to the New Mexico State Land Office's refusal to approve the pipeline route, raising external concerns about the project's ability to be completed on schedule. Josh Garcia, an analyst at energy consulting firm Energy Aspects, believes the new operational date "may not be realistic," suggesting the project might not commence operations until the second half of 2027 at the earliest, and even faces the risk of cancellation.
19:01
Anthropic PBC disclosed to potential investors that its preliminary revenue for the second quarter exceeded $11.5 billion, a more than 14-fold increase from $787 million in the same period of 2025, and achieved positive adjusted operating profit. Previously, Anthropic's annualized revenue had surpassed $47 billion in May. Sources familiar with the matter revealed that Anthropic is preparing for a potential large-scale IPO, having confidentially submitted its listing application and collaborating with Morgan Stanley, Goldman Sachs Group, and JPMorgan Chase to advance the listing process.
18:45
Chicago Federal Reserve President Austan Goolsbee said on Friday that the Consumer Price Index (CPI) readings this summer have made him optimistic, showing that a series of price disturbances, such as tariff shocks and rising energy prices, are gradually being digested. He noted that if they could see three or four consecutive months of data similar to June's, he would be more confident that inflation is returning to the 2% target. Goolsbee supported keeping interest rates unchanged at the July FOMC meeting and listed inflation as the primary concern, while also stating that the U.S. economy is "basically stable" in terms of growth and the labor market.
18:44
SK Group Chairman Chey Tae-won has appealed to the Supreme Court of Korea regarding a court ruling that requires him to pay 944 billion won (approximately $643 million) to his ex-wife as part of their divorce asset division. This appeal follows the judgment made by the Seoul High Court on July 24. Chey Tae-won's legal team stated that this move aims to minimize the negative impact on shareholders and the group's operations. Analysts believe that this payment is unlikely to substantially diminish Chey Tae-won's wealth or threaten his control over SK Group, as the amount represents approximately 12% of his personal wealth.
18:00
NVIDIA's stake in Elon Musk's space exploration company SpaceX was valued at approximately $21 billion at the end of the second quarter, according to a filing submitted to the U.S. Securities and Exchange Commission on Friday. NVIDIA acquired these shares through its investment in Musk's artificial intelligence company xAI. Furthermore, Musk stated earlier this month during SpaceX's second-quarter earnings call that SpaceX will exclusively use NVIDIA chips in its AI data centers and expects to receive a significant allocation of NVIDIA Vera Rubin GPUs next year.
17:57
The Japanese advertising agency is restructuring its international businesses to compete with rivals like Accenture and Google, which are leveraging artificial intelligence.
17:38
Berkshire Hathaway has increased its investment in the U.S. housing market, according to regulatory filings. The conglomerate purchased a new, albeit small, stake in top U.S. home builder D.R. Horton and boosted its position in home builder Lennar by nearly 30%.
17:15
Washington is preparing to warn partner countries against joining competing Chinese AI initiatives, according to Reuters. Countries aligned with the U.S.-led Pax Silica framework could risk exclusion if they also participate in Beijing’s coalition. The strategy aims to secure AI chips, models and critical-mineral supply chains as Chinese open-weight models gain ground against U.S. rivals.
17:06
The Office of the Comptroller of the Currency (OCC) announced on Friday that it has granted "preliminary conditional approval" to World Liberty Trust Co. to operate as a national trust bank, conducting trust and other trust company-related activities. The company plans to issue the USD1 stablecoin pegged to the U.S. dollar and provide digital assets custody services to institutional clients. Final approval is contingent upon satisfying additional "pre-opening requirements."

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