Author: Editor-In-Chief

A sign at the SK Hynix Inc. office in Seongnam, South Korea, Tuesday, June 30, 2026. Cho Sung Joon | Bloomberg | Getty ImagesSK Hynix led a broad rally in Asian technology stocks on Wednesday, following a rebound in U.S. semiconductor stocks that fell sharply earlier this week.Shares of the South Korean memory chip maker soared more than 11% in the Seoul market following gains in pre-market trading. Stocks rebounded after posting their biggest single-day drop on Monday as investors booked profits amid growing concerns about AI investments.Domestic rival Samsung Electronics rose 6.8% and Seoul Semiconductor rose 6.4%. The rally…

The Senate voted 50-46 to block consideration of the annual defense bill on war spending and defense cooperation with Israel.U.S. Senate Democrats blocked consideration of the annual defense policy bill, opposing not only President Donald Trump’s war against Iran but also provisions that would more closely integrate the U.S. and Israeli militaries.The Senate voted almost along party lines Tuesday against beginning consideration of the National Defense Authorization Act (NDAA), an unusual setback for one of Congress’ few essential bills.Recommended stories list of 3 itemsend of listThe annual defense policy bill aimed to approve most of President Trump’s proposed $1.15 trillion…

In a post on X Tuesday morning, Google DeepMind CEO Demis Hassabis called for the creation of a new regulatory body to oversee the release of the Frontier model. The post, titled “Frontier AI Frameworks and the Dawn of a New Era,” makes the case for a “standards body” modeled after the Financial Industry Regulatory Authority (FINRA) that can test frontier models and develop best practices for their release. “Initially, Frontier Labs voluntarily shared models with standards bodies for review up to 30 days before release,” the post reads. “Formalization could occur soon if the evaluation protocol is shown to…

Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC television producers were looking at Tuesday and what they’re looking at for Wednesday’s session. Jamie Dimon goes live on ‘Squawk Box’ JPMorgan’s CEO joined ‘Squawk Box’ the day after the company’s earnings report. The stock hit a new high on Tuesday, closing at $342.89. The stock price rose 7% in one month. JPM YTD Mountain JPMorgan’s Year-to-date Performance Big Data Producer Price Index…

Pro-Palestinian advocate Mahmoud Khalil has filed a lawsuit against officials in President Donald Trump’s administration and three private organizations, alleging an organized conspiracy to target and oust the president.The lawsuit, filed Tuesday in U.S. District Court in Manhattan, seeks damages from defendants, including the conservative think tank Heritage Foundation, pro-Israel groups Betar and Canary Mission, and several senior Trump administration officials.Recommended stories list of 3 itemsend of listAccording to the complaint, the Heritage Foundation created a “blueprint” called Project Esther to dismantle the growing pro-Palestinian movement in the United States by targeting prominent non-citizens and conflating pro-Palestinian advocacy with anti-Semitic…

Pro-Palestinian advocate Mahmoud Khalil has filed a lawsuit against officials in President Donald Trump’s administration and three private organizations, alleging an organized conspiracy to target and oust the president.The lawsuit, filed Tuesday in U.S. District Court in Manhattan, seeks damages from defendants, including the conservative think tank Heritage Foundation, pro-Israel groups Betar and Canary Mission, and several senior Trump administration officials.Recommended stories list of 3 itemsend of listAccording to the complaint, the Heritage Foundation created a “blueprint” called Project Esther to dismantle the growing pro-Palestinian movement in the United States by targeting prominent non-citizens and conflating pro-Palestinian advocacy with anti-Semitic…

Heavy smoke from the Canadian wildfires is flowing across the border into the United States, creating hazardous air quality for more than 100 million people in the Midwest and Northeast. Fires in the state have burned more than 3.6 million acres, mostly in the western half of the country, and smoke has already been a problem in parts of the West, Plains and Midwest this summer. But thicker smoke is expected to move over New York, Washington, D.C., and other eastern cities, driven by wildfires to the north. Check the smoke forecast with the CNN Weather app More than 3,000…

A group of publishers and authors has filed a class action lawsuit against Google, accusing the tech giant of using their copyrighted material to train its AI platform, Gemini. According to the complaint, the plaintiffs, including Hachette, Cengage, Elsevier, author Scott Turow, and SCRIBE, also allege that Google intentionally removed or altered the copyright information on these works to “conceal that the Gemini model was trained on stolen material.” This lawsuit is just one of many complaints publishers, authors, and other copyright holders have filed against AI companies such as Google, Meta, OpenAI, and Anthropic. Although many of these cases…

Federal Reserve Chairman Kevin Warsh on Tuesday called inflation an “unfair burden” and reiterated his calls for “systemic change” at the central bank.”This was a tax on American people and American businesses, and we are going to eliminate that tax,” he said. “That means we need a change of policy regime and a new look at what’s working and what practices aren’t working.”In remarks before another Congressional committee this week, Mr. Warsh doubled down on his recent harsh rhetoric on inflation, while also emphasizing the strength of the U.S. economy and the benefits to be gained from business investment, particularly…

July 16, 2025, Beijing, China: Nvidia CEO Jensen Fan speaks to journalists. During his visit to China, Huang spoke at the opening ceremony of a supply chain trade fair and met with Chinese politicians. Photo: Johannes Neudecker/dpa (Photo by Johannes Neudecker/picture Alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesA senior U.S. trade official said Tuesday that Nvidia’s H200 artificial intelligence chips were shipped to China and Hong Kong.”The bottom line is that there are very few shipments contrary to the H200 license, and the equivalent is being made. The amount of chips is very small,” Jeffrey Kessler,…