Workers at the Louvre Museum have decided to go on strike. They are unhappy about their working conditions, higher ticket prices for visitors from outside Europe, and security problems. The recent theft of the Crown Jewels in broad daylight showed just how bad the security issues are. The unions say
Meta is trimming its metaverse budget by up to 30% for next year. This isn't just about saving money. It's a big shift in focus. Meta is moving resources from its metaverse projects to AI wearables. This means fewer virtual reality experiences and more smart glasses and AI-powered gadgets. This cha
South Korea's trade numbers are looking up! For the sixth month in a row, exports increased, surprising experts. This time, it was chips and cars leading the charge. Semiconductors, those tiny but mighty brain parts of electronics, hit a new high. Demand for advanced chips, especially those used in
Nvidia has hit a major milestone, becoming the first public company to reach a $5 trillion market cap. This surge is largely due to the ongoing AI craze, with Nvidia's GPUs in high demand for data centers and AI applications. The company's shares rose over 5. 6% on a recent Wednesday, reaching $212.
Susan Collins, who leads the Federal Reserve Bank of Boston, thinks the economy is strong enough to handle tariffs without needing quick action from the Fed. She believes businesses and households are in good shape, which might help soften the blow of higher tariffs. This gives the Fed time to caref
Broadcom recently shared its second-quarter earnings, and it was a big win. The company made more money than experts thought it would. This success is partly thanks to its focus on custom chips for artificial intelligence. These chips are in high demand, especially from big tech companies. The comp
Asian chip stocks took a hit on Wednesday, with investors reacting to disappointing sales forecasts from ASML, a major Dutch semiconductor equipment maker. The news sent ripples through the global market, with significant drops recorded across the board. Japanese semiconductor giant Tokyo Electron s
