S&P 500 closes at record high as AI rally drives tech stocks higher
The S&P 500 index closed at a new all-time high on Thursday, driven by an ongoing AI investment surge that powered tech stocks higher, with Apple leading Wall Street gains.
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FDA Grants Early Access to Promising Pancreatic Cancer Drug Daraxonrasib
The FDA approves an expanded access program for daraxonrasib, an innovative pancreatic cancer drug that showed promising results in clinical trials, offering new hope for patients with one of the most challenging cancers.
Meta acquires robotics AI firm Assured Robot Intelligence, begins humanoid robot development
Meta has completed its acquisition of Assured Robot Intelligence, a company that builds AI models for robots, marking Meta’s formal entry into the humanoid robot space.
Musk v. OpenAI Trial Week 1: Musk Admits xAI Distilled OpenAI Models in Heated Courtroom Exchange
In the first week of the Musk v. OpenAI trial, Musk admits under cross-examination that xAI used OpenAI model distillation, as the case centers on the legality of OpenAI’s for-profit transition.
Stock Market Hits Fresh Records: AI Trade Fuels Tech Rally as Nvidia Market Cap Reclaims $5 Trillion
Driven by sustained AI investment enthusiasm, the S&P 500 and Nasdaq both hit all-time highs, with Nvidia’s market cap breaking above $5 trillion once again and Apple shares surging.
US Announces Withdrawal of 5,000 Troops From Germany as Tensions With Berlin Deepen
The Pentagon has announced it will withdraw 5,000 troops from Germany, a move seen as the latest signal of deepening tensions between the Trump administration and the German government.
🏆 Academy Rules AI-Generated Actors and Writers Ineligible for Oscar Awards
The Academy of Motion Picture Arts and Sciences has issued new eligibility requirements stating that AI-generated acting performances and screenwriting cannot compete for Oscar awards.
Oscars bans AI actors and writing from awards eligibility
The Academy of Motion Picture Arts and Sciences has issued new rules stating that only human-performed acting and human-authored writing are eligible for Oscar nominations.
Oscars Rule AI Actors and AI-Written Scripts Ineligible for Awards
The Academy of Motion Picture Arts and Sciences updates Oscar eligibility rules, specifying that only acting performed by humans and human-authored writing can be nominated for an Academy Award.
Oil market faces crunch point in one month as global stockpiles dwindle
Traders warn that as global stockpiles continue to fall despite consumption cuts, oil prices could surge significantly within a month, causing widespread economic pain.