Mark Zuckerberg Loses $29.2 Billion as Meta’s AI Plans Spook Investors
Meta’s Stock Plunge Sparks Wealth Decline
Mark Zuckerberg saw his net worth drop by $29.2 billion, following investor concerns over Meta Platforms’ $30 billion debt sale to fund artificial intelligence (AI) research.This is the fourth-largest one-day market-driven wealth decline recorded on Bloomberg’s Billionaires Index.
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U.S. Recession Forecast: Bearish Outlook Despite Tariff Pause, S&P May Fall 25%
Peter Berezin, Chief Global Strategist at BCA Research, is maintaining a bearish economic outlook, despite President Trump's 90-day pause on tariffs. While many Wall Street experts are becoming more optimistic, Berezin still believes a U.S. recession is likely in 2025.
S&P 500 Could Fall to...
2024 Could Be World’s Hottest Year as June Breaks Records
June 2024 has been confirmed as the hottest June on record, marking the 13th consecutive month of record-breaking temperatures, according to the European Union's Copernicus Climate Change Service (C3S). This streak indicates that 2024 might surpass 2023 as the hottest year ever recorded globally.
Scientists...
Romania Becomes First European Nation to Acquire Israel’s Iron Dome Missile Defense System
The ongoing Russia-Ukraine war, which began in February 2022, has forced many NATO countries to strengthen their defense systems. Romania, a NATO member bordering Ukraine, Moldova, and the Black Sea, is now taking a major step by confirming the purchase of Israel’s Iron Dome—a...
Trump’s Tariff Pause Sparks Stock Market Rally: Dow Surges Over 2,200 Points
Dow Jones, S&P 500, and Nasdaq Rally on Tariff Pause
The Dow Jones Industrial Average skyrocketed by more than 2,200 points, marking a 5.8% gain, after President Donald Trump announced a 90-day suspension on reciprocal tariffs affecting multiple countries. This development comes amid ongoing trade...
“Bitcoin Surpasses $100,000 Amid Trump’s Pro-Crypto Promises and Early Regulatory Actions”
Bitcoin Reaches New MilestoneBitcoin's price has once again surpassed $100,000, fueled by growing optimism within the cryptocurrency industry. The surge comes ahead of potential early actions by President Donald Trump when he takes office next week. Once a skeptic of digital currencies, Trump has...
Taliban Government Bans Mixed Martial Arts in Afghanistan
The Taliban government in Afghanistan has officially banned mixed martial arts (MMA), deeming the sport inconsistent with Islamic principles, according to a statement from the country's sports authority. The decision, handed down by the Ministry for the Propagation of Virtue and the Prevention of...
Sri Lanka Triumphs Over India to Win First Women’s T20 Asia Cup
DAMBULLA: Sri Lanka's women's cricket team, led by Captain Chamari Athapaththu, secured a remarkable eight-wicket victory over defending champions India to claim their first Women's T20 Asia Cup title. The final, held at the Rangiri Dambulla International Stadium on Sunday, marked only the second...
Bondi Beach Shooting: Naveed Akram Charged With 15 Murders in Terror Attack
Australian authorities have charged Naveed Akram with 59 criminal offences, including 15 counts of murder, following the deadly Bondi Beach shooting that shocked the nation and targeted the Jewish community.
The incident, which took place during a Hanukkah celebration, is now officially classified as a...
Priyanka Gandhi’s Son Raihan Vadra Gets Engaged to Aviva Baig
Engagement Ceremony and Wedding Plans
Raihan Vadra, son of Priyanka Gandhi Vadra and businessman Robert Vadra, has officially got engaged to Aviva Baig, his long-time partner. The intimate engagement ceremony took place on Monday, attended by close family members.
Reports indicate that the wedding is expected...