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News
Base metals gain amid AI demand, supply concerns in July
5+ hour, 6+ min ago (451+ words) By Burhan Sansarlioglu and Emir Yildirim ISTANBUL (AA) - Strong demand from the artificial intelligence (AI) sector, a weakening US dollar, supply concerns, and the US Federal Reserve's waning likelihood of raising interest rates in the near future drove base metal…...
US stocks close at record highs as oil tumbles, earnings fuel tech rally
17+ hour, 42+ min ago (394+ words) ISTANBUL (AA) – US stocks closed sharply higher Tuesday, with the Dow and S&P 500 reaching record highs as strong corporate earnings and falling oil prices fueled a broad Wall Street rally. The S&P 500 gained 1.79% to 7,736.52, a new all-time high,…...
SpaceX revenue jumps 92% in first earnings report since IPO
17+ hour, 27+ min ago (348+ words) Starlink-led connectivity business remains company’s only profitable segment as space and AI units post heavy operating losses- SpaceX shares fall around 6% in after-hours trading following financial results ISTANBUL (AA) - SpaceX reported stronger-than-expected second-quarter revenue Tuesday in its first earnings release…...
AMD shares fall 7% as sales outlook fails to meet AI expectations
17+ hour, 26+ min ago (306+ words) Chipmaker forecasts third-quarter revenue of about $13B ISTANBUL (AA) - Shares of US semiconductor company AMD fell about 7% in after-hours trading Tuesday after the chipmaker’s third-quarter sales outlook failed to satisfy elevated investor expectations following an artificial intelligence-driven rally. The company forecast…...
Visa to acquire Israeli fraud detection company BioCatch for $2.4B
1+ day, 21+ hour ago (304+ words) Visa says acquisition will strengthen its fraud prevention capabilities as AI-driven financial scams become more sophisticated Visa announced Monday that it has agreed to acquire Israeli fraud detection company BioCatch for $2.4 billion in cash, expanding its cybersecurity capabilities as artificial…...
Alibaba unveils 'largest, most capable' AI model Qwen3.8-Max
2+ day, 4+ hour ago (323+ words) New model has 2.4T parameters, supports context window of up to 1M tokens- Model weights scheduled for release next week, according to company ISTANBUL (AA) - Chinese technology giant Alibaba on Monday unveiled Qwen3.8-Max, describing it as the largest and most capable artificial…...
OpenAI says experimental AI hacked additional online accounts during security test
1+ week, 4+ hour ago (453+ words) Updated investigation expands July cyber incident beyond previously disclosed hack of AI platform Hugging Face ISTANBUL (AA) - OpenAI said Tuesday that its investigation into a cybersecurity incident involving one of its experimental artificial intelligence agents had found the system accessed…...
Poland joins EU initiative to build AI gigafactories
1+ week, 1+ day ago (188+ words) Warsaw commits over $106M to bid for medium-scale AI facility By Seyma Erkul Dayanc ISTANBUL (AA) - Poland has formally joined the EU's initiative to build AI gigafactories after signing a joint procurement agreement with the European High Performance Computing Joint Undertaking,…...
Protesters heckle Trump in Michigan over Epstein ties, AI data centers
1+ week, 1+ day ago (143+ words) ISTANBUL (AA) - US President Donald Trump was interrupted by multiple protesters on Monday while addressing a crowd at an automotive facility in Michigan. During the event, one protestor shouted "pedophile protector!" apparently referring to the president's past ties with late…...
US stocks end mostly higher as cooling oil prices lift shares
1+ week, 1+ day ago (431+ words) Dow gains 262.83 points as Brent crude tumbles nearly 11%, while semiconductor shares weigh on Nasdaq ISTANBUL (AA) - US stocks ended mostly higher Monday as sharply lower oil prices eased inflation concerns, while losses in semiconductor companies weighed on the technology-heavy Nasdaq....