AI cloud computing provider CoreWeave reported first-quarter earnings that beat Wall Street estimates. The company said demand for GPU computing power from major tech firms remains robust, with order backlogs hitting record highs. This further confirms that the AI infrastructure investment boom continues to accelerate.
A massive fire broke out at a crowded fairground in central Mexico on Thursday, killing at least five people and injuring dozens. The fire department said flames spread rapidly, and the dense crowd made evacuation extremely difficult. Preliminary investigations suggest the fire may have been caused by the use of open flames at temporary stalls. Local officials noted that the fair attracted large numbers of visitors during a festival period, and inadequate emergency exits were a key factor in the severity of casualties. ...
U.S. health officials said Thursday that dozens of passengers exposed to hantavirus on a cruise ship have disembarked following the first confirmed death, prompting heightened concern among public health departments. Hantavirus is typically transmitted through rodent droppings, and human-to-human transmission is extremely rare. However, the closed environment of the cruise ship has raised expert concerns about potential viral mutation. The CDC has dispatched a team to board and assess the situation. ...
British scientists inspired by the self-repair mechanism of sunburned skin have developed a new energy storage material. The material undergoes structural changes after absorbing energy, enabling more efficient energy storage and release, with potential applications in next-generation battery technology.
Iran’s foreign ministry said Thursday that Tehran is still reviewing the latest U.S. ceasefire proposal to end the escalating military conflict between the two nations. Meanwhile, President Trump predicted on social media that the war would “end quickly,” without offering any specific timeline. In the past 24 hours, multiple mysterious explosions occurred in the Strait of Hormuz, with Iran hinting that the UAE may be responsible and warning it would “pay for it.” The strait handles roughly one-fifth of global oil transit, meaning any escalation could significantly impact worldwide energy markets. ...
JPMorgan analysts said in a new report that Bitcoin is increasingly replacing gold as investors’ preferred hedge against currency debasement following the Iran conflict escalation. The report shows institutional money continues flowing into Bitcoin ETFs while gold ETFs see outflows. If this trend persists, it could profoundly reshape the global safe-haven asset landscape.
Court testimony from former OpenAI executive Mira Murati has been made public, revealing more details about Sam Altman’s sudden ouster by the company’s board last year. The testimony shows that board members had discussed concerns about Altman’s management style and strategic disagreements before the removal.
The U.S. Court of International Trade ruled Thursday that the 10% global tariff imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA) violates the law, concluding that the president cannot invoke emergency powers solely on the basis of trade deficits. The ruling represents another significant legal blow to Trump’s tariff policy. Separately, a federal appeals court is hearing the Pentagon’s attempt to punish Senator Mark Kelly, further highlighting the ongoing legal debate over the boundaries of executive power. ...
Trump issued an ultimatum to the European Union on Thursday, demanding it approve a trade deal with the United States by a specified deadline. The move is seen as the latest escalation in the Trump administration’s trade pressure on Europe. The EU has not yet publicly responded to the deadline.
A series of local elections in the UK will serve as the biggest test yet for Prime Minister Starmer’s Labour government. Polls show Labour’s support has slipped, with some voters dissatisfied with the pace of economic recovery. The results will directly impact Starmer’s policy agenda.