States have lost $1 billion due to prediction markets: Gaming association
aashura The American Gaming Association now estimates that states have missed out on more than $1 billion in tax…
Stock markets
Nio shares jump 10% after releasing first flagship EV in more than two years
Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be…
Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of…
Taiwan chip stocks climb after Nvidia announces $150 billion spending
Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May…
China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in…
Traders share Pope Leo’s worries on AI’s job market impact
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025.…
Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up
Tingbo He, president of Huawei semiconductor, presents at an industry conference in Shanghai on May 25, 2026. Huawei…
Three signs from APEC that the U.S., China remain far apart on trade
China’s Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the…
U.S. pushes its AI in China and Asia after Trump-Xi meeting
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks…
Miner Perpetua Resources secures $2.9 billion U.S. loan for Idaho gold, antimony project
The Stibnite Gold Project from Perpetua Resources is a proposed open-pit gold and antimony mine in a remote…