Palantir Technologies' fourth-quarter earnings reveal a seismic shift, with U.S. commercial revenue for its AI Platform soaring 137%. The data analytics firm posted its highest growth rate as a public company, powered by massive government contracts and enterprise adoption, while setting aggressive targets for the year ahead.
The U.S. dollar climbed to a one-week high, buoyed by unexpectedly strong manufacturing activity and hawkish-leaning Federal Reserve commentary. The rally pressured major currency pairs and sent precious metals tumbling, as markets reassessed the timeline for potential interest rate cuts.
Elon Musk announces the merger of SpaceX and xAI, unveiling an ambitious plan to construct data centers in space, which he claims will become the most cost-effective source of AI computing power within years.
Gold and silver prices have soared over the past year, but recent volatility has many consumers and investors weighing whether to cash in on jewelry holdings or hold firm.
In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core socialist-era controls to attract foreign investment. While promising a production boost, the new hybrid system raises concerns about transparency, U.S. oversight, and whether it truly marks a clean break from the past.
For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.
The arrest of BitRiver's founder on tax evasion charges coincides with an insolvency claim filed against the company, compounding pressures from sanctions, energy debts, and internal strife.
A high-stakes White House meeting between crypto executives and traditional bankers ended without a breakthrough on the contentious issue of stablecoin yields, casting doubt on the timeline for comprehensive market structure legislation. Both sides agreed to continue negotiations under pressure from the administration to reach a compromise this month.
Amid widespread anxiety over AI-driven job losses, a new report from the Yale Budget Lab finds little evidence of large-scale labor market disruption, raising questions about whether 'AI-washing' is being used to justify corporate layoffs.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.
King Misuzulu kaZwelithini has urged migrants to leave South Africa, echoing his late father's stance, following violent protests at a Durban primary school where immigration was blamed for admissions shortages.
Satellite imagery and security sources confirm Egypt has stationed sophisticated Bayraktar Akinci drones at a remote border airstrip, marking a significant escalation in its involvement in Sudan's conflict and raising regional tensions.
President Claudia Sheinbaum commits to humanitarian support and exploring fuel shipments to Cuba, directly challenging Trump administration efforts to isolate Havana. The move risks escalating tensions ahead of crucial U.S.-Mexico trade talks.
The Department of Homeland Security is equipping all its field officers in Minneapolis with body-worn cameras immediately, with plans to expand the program across the country as resources allow, Secretary Kristi Noem announced.
Authorities in the Democratic Republic of Congo report a weekend drone attack on Kisangani's airport, marking a significant westward expansion of the conflict as M23 rebels are accused. No casualties were reported.
Marius Borg Høiby, son of Crown Princess Mette-Marit, was arrested on fresh assault allegations just days before his high-profile trial on multiple rape charges begins, casting a shadow over the Norwegian monarchy amid renewed scrutiny of royal ties to Epstein files.
Interim President Delcy Rodriguez met with U.S. Special Envoy Laura Dogu in Caracas, marking a significant step in the gradual restoration of bilateral ties severed four years ago.
A complaint alleging misconduct by Director of National Intelligence Tulsi Gabbard has been withheld from congressional oversight committees for eight months, her office citing an extended legal review. The delay, disputed by the complainant's attorney, raises questions about transparency and adherence to whistleblower protection laws within the nation's top intelligence office.
General Motors CEO Mary Barra attended a White House event where President Trump unveiled 'Project Vault,' a $12 billion initiative to create a strategic reserve of critical minerals aimed at securing U.S. industrial supply chains.
Ford Motor and Chinese tech giant Xiaomi have firmly denied a Financial Times report of preliminary talks to collaborate on electric vehicle production in the U.S., even as Ford's CEO publicly admires and studies Chinese EV technology while labeling it a major competitive threat.
