Big technology stocks traded unevenly on Monday as investors attempted to stabilize after a turbulent week that erased more than $1 trillion in combined market value across the sector. While several large-cap names posted gains on renewed optimism around artificial intelligence and cloud demand, others slipped as concerns lingered over rising capital expenditure and broader market volatility.
Oracle led the advance, climbing about 9 percent after receiving an upgrade from D.A. David
Big technology stocks traded unevenly on Monday as investors attempted to stabilize after a turbulent week that erased more than $1 trillion in combined market value across the sector. While several large-cap names posted gains on renewed optimism around artificial intelligence and cloud demand, others slipped as concerns lingered over rising capital expenditure and broader market volatility.
Oracle led the advance, climbing about 9 percent after receiving an upgrade from D.A. David
Major US technology companies are increasingly turning to the H-1B visa programme to recruit skilled foreign professionals as they accelerate investments in artificial intelligence and related digital infrastructure. New data show that a large share of visa petitions filed by leading firms are tied directly to AI-driven roles, underscoring how access to global talent has become central to their long-term strategy.
An analysis of labour condition applications indicates that more than
Major US technology companies are increasingly turning to the H-1B visa programme to recruit skilled foreign professionals as they accelerate investments in artificial intelligence and related digital infrastructure. New data show that a large share of visa petitions filed by leading firms are tied directly to AI-driven roles, underscoring how access to global talent has become central to their long-term strategy.
An analysis of labour condition applications indicates that more than
Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector.
The e-commerce and cloud computing group disclosed in it
Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector.
The e-commerce and cloud computing group disclosed in it
Elon Musk’s long-standing reputation for advancing unconventional technological ideas has taken another ambitious turn, with SpaceX formally proposing to build an orbital network of artificial intelligence data centres powered by solar energy. What initially appeared to be an eccentric concept has quickly moved into the regulatory phase, supported by official filings and public statements that suggest the company is serious about relocating a significant share of AI computing capacity beyon
Elon Musk’s long-standing reputation for advancing unconventional technological ideas has taken another ambitious turn, with SpaceX formally proposing to build an orbital network of artificial intelligence data centres powered by solar energy. What initially appeared to be an eccentric concept has quickly moved into the regulatory phase, supported by official filings and public statements that suggest the company is serious about relocating a significant share of AI computing capacity beyon
Sri Lanka Cricket (SLC) has reportedly urged the Pakistan Cricket Board (PCB) to reconsider its decision to boycott the India-Pakistan match in the 2026 T20 World Cup. In a formal letter sent to the PCB, SLC expressed concerns over the severe financial losses that could result from the boycott. The India-Pakistan fixture is one of the most lucrative matches in world cricket, drawing massive global viewership and contributing significantly to the revenue generated during International Cricket
Sri Lanka Cricket (SLC) has reportedly urged the Pakistan Cricket Board (PCB) to reconsider its decision to boycott the India-Pakistan match in the 2026 T20 World Cup. In a formal letter sent to the PCB, SLC expressed concerns over the severe financial losses that could result from the boycott. The India-Pakistan fixture is one of the most lucrative matches in world cricket, drawing massive global viewership and contributing significantly to the revenue generated during International Cricket
Sen. Elizabeth Warren of Massachusetts is preparing to introduce a Senate resolution that would formally condemn and seek the reversal of a proposed sale of 500,000 advanced artificial intelligence chips annually to the United Arab Emirates, arguing the transaction could threaten U.S. national security and raise serious ethical questions about conflicts of interest. The measure is expected to be brought to the Senate floor on Thursday, where Warren plans to call for lawmakers to block the exp
Sen. Elizabeth Warren of Massachusetts is preparing to introduce a Senate resolution that would formally condemn and seek the reversal of a proposed sale of 500,000 advanced artificial intelligence chips annually to the United Arab Emirates, arguing the transaction could threaten U.S. national security and raise serious ethical questions about conflicts of interest. The measure is expected to be brought to the Senate floor on Thursday, where Warren plans to call for lawmakers to block the exp
A former BrewDog bar in Columbus’ Franklinton neighborhood has been placed on the leasing market, opening the door for a new operator to take over the high-profile space weeks after the Scotland-based brewery closed the location as part of a broader pullback in the city.
Roth Real Estate Group is marketing the freestanding property at 463 W. Town St. as a turnkey opportunity for a restaurant, cafe, brewery, bar or creative retail concept. The building offers more than 4,900 square
A former BrewDog bar in Columbus’ Franklinton neighborhood has been placed on the leasing market, opening the door for a new operator to take over the high-profile space weeks after the Scotland-based brewery closed the location as part of a broader pullback in the city.
Roth Real Estate Group is marketing the freestanding property at 463 W. Town St. as a turnkey opportunity for a restaurant, cafe, brewery, bar or creative retail concept. The building offers more than 4,900 square
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another.
Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively.
He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt.
European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system.
Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests.
Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues.
Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk.
Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another.
Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively.
He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt.
European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system.
Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests.
Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues.
Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk.
Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
Voters in Tarrant County delivered a significant political upset on Saturday by electing Democrat Taylor Rehmet to represent Texas Senate District 9 in a special runoff election, flipping a seat that had been controlled by Republicans for decades. Rehmet defeated Republican opponent Leigh Wambsganss with 5
Voters in Tarrant County delivered a significant political upset on Saturday by electing Democrat Taylor Rehmet to represent Texas Senate District 9 in a special runoff election, flipping a seat that had been controlled by Republicans for decades. Rehmet defeated Republican opponent Leigh Wambsganss with 5
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline.
The recent se
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline.
The recent se
Nvidia shares declined on Monday as uncertainty surrounding the chipmaker’s potential investment in OpenAI weighed on investor sentiment. The stock slipped in early trading after reports suggested that previously announced plans involving a massive financial commitment to the artificial intelligence company may not yet be finalized. The market reaction underscored growing sensitivity around large-scale AI investments and the evolving relationships among major technology players.
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Nvidia shares declined on Monday as uncertainty surrounding the chipmaker’s potential investment in OpenAI weighed on investor sentiment. The stock slipped in early trading after reports suggested that previously announced plans involving a massive financial commitment to the artificial intelligence company may not yet be finalized. The market reaction underscored growing sensitivity around large-scale AI investments and the evolving relationships among major technology players.
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Amid continuing global economic uncertainty and renewed debate over the stability of major reserve currencies, Chinese President Xi Jinping has reiterated China’s ambition to build a “strong currency” and gradually elevate the yuan’s status in the global financial system. Xi said China aims to expand the use of the yuan in international trade, investment, and foreign exchange markets, underscoring a long-standing policy goal to strengthen the country’s financial influence worldwide.
Xi’s remarks were outlined in a speech delivered in 2024 to senior provincial and ministerial officials and later published on Saturday in Qiushi, the Communist Party’s leading theoretical journal. The publication of excerpts from the address comes at a time of heightened volatility in global markets and growing scrutiny of the dominance of the US dollar, adding significance to Beijing’s renewed emphasis on currency strength and financial resilience.
In the speech, Xi set out what he described as the essential characteristics of a global financial powerhouse. These included a solid economic foundation, world-leading technological and industrial capabilities, and a widely accepted and credible currency. He argued that currency strength was inseparable from broader national competitiveness and institutional capacity, noting that financial influence must be supported by real economic and technological power rather than short-term market movements.
Xi also stressed the importance of a capable and independent central bank able to implement effective monetary policy and macroprudential management. He said globally competitive financial institutions, along with influential international financial centres, were necessary to attract global capital and exert pricing power in international markets. According to Xi, these elements must be matched with strong regulation, a reliable legal framework, and a deep pool of skilled financial professionals to ensure long-term stability and credibility.
While acknowledging China’s scale in global finance, Xi noted that the country still faced structural limitations. He said China ranked among the world’s largest economies in terms of banking assets, foreign exchange reserves, and capital market size, but remained “big but not strong” overall. Transforming China into a true global financial powerhouse, he added, would be a gradual and long-term undertaking rather than an immediate achievement.
Beijing has promoted the internationalisation of the yuan for more than a decade, with measurable progress in its use for cross-border trade settlement. The currency’s role in global markets, however, remains limited when compared with established reserve currencies. China’s Cross-Border Interbank Payment System currently clears an average of about 700 billion yuan, or roughly 100 billion US dollars, in transactions each day. This figure remains well below the nearly 2 trillion US dollars cleared daily through the dollar-based Clearing House Interbank Payments System.
Yuan-denominated debt issuance in international markets also accounts for a small share of global activity, representing less than one percent of total issuance. These figures highlight the gap between China’s ambitions and the yuan’s current global footprint, despite steady domestic financial expansion.
In recent months, the yuan has generally held firm against the US dollar, even amid trade tensions and uneven global growth. This stability contrasts with the sharper depreciation seen during former US President Donald Trump’s first term, when market observers speculated that Chinese authorities tolerated a weaker currency to offset the impact of tariffs. International investment banks continue to argue that the yuan remains below its long-term fair value, reflecting both policy controls and cautious foreign investor sentiment.
The republication of Xi’s speech signals continuity in China’s financial strategy rather than a sudden shift. As global markets navigate uncertainty and reassess existing monetary structures, Beijing appears intent on steadily advancing its vision of a stronger yuan and a more influential role in the international financial system over the long term.
Amid continuing global economic uncertainty and renewed debate over the stability of major reserve currencies, Chinese President Xi Jinping has reiterated China’s ambition to build a “strong currency” and gradually elevate the yuan’s status in the global financial system. Xi said China aims to expand the use of the yuan in international trade, investment, and foreign exchange markets, underscoring a long-standing policy goal to strengthen the country’s financial influence worldwide.
Xi’s remarks were outlined in a speech delivered in 2024 to senior provincial and ministerial officials and later published on Saturday in Qiushi, the Communist Party’s leading theoretical journal. The publication of excerpts from the address comes at a time of heightened volatility in global markets and growing scrutiny of the dominance of the US dollar, adding significance to Beijing’s renewed emphasis on currency strength and financial resilience.
In the speech, Xi set out what he described as the essential characteristics of a global financial powerhouse. These included a solid economic foundation, world-leading technological and industrial capabilities, and a widely accepted and credible currency. He argued that currency strength was inseparable from broader national competitiveness and institutional capacity, noting that financial influence must be supported by real economic and technological power rather than short-term market movements.
Xi also stressed the importance of a capable and independent central bank able to implement effective monetary policy and macroprudential management. He said globally competitive financial institutions, along with influential international financial centres, were necessary to attract global capital and exert pricing power in international markets. According to Xi, these elements must be matched with strong regulation, a reliable legal framework, and a deep pool of skilled financial professionals to ensure long-term stability and credibility.
While acknowledging China’s scale in global finance, Xi noted that the country still faced structural limitations. He said China ranked among the world’s largest economies in terms of banking assets, foreign exchange reserves, and capital market size, but remained “big but not strong” overall. Transforming China into a true global financial powerhouse, he added, would be a gradual and long-term undertaking rather than an immediate achievement.
Beijing has promoted the internationalisation of the yuan for more than a decade, with measurable progress in its use for cross-border trade settlement. The currency’s role in global markets, however, remains limited when compared with established reserve currencies. China’s Cross-Border Interbank Payment System currently clears an average of about 700 billion yuan, or roughly 100 billion US dollars, in transactions each day. This figure remains well below the nearly 2 trillion US dollars cleared daily through the dollar-based Clearing House Interbank Payments System.
Yuan-denominated debt issuance in international markets also accounts for a small share of global activity, representing less than one percent of total issuance. These figures highlight the gap between China’s ambitions and the yuan’s current global footprint, despite steady domestic financial expansion.
In recent months, the yuan has generally held firm against the US dollar, even amid trade tensions and uneven global growth. This stability contrasts with the sharper depreciation seen during former US President Donald Trump’s first term, when market observers speculated that Chinese authorities tolerated a weaker currency to offset the impact of tariffs. International investment banks continue to argue that the yuan remains below its long-term fair value, reflecting both policy controls and cautious foreign investor sentiment.
The republication of Xi’s speech signals continuity in China’s financial strategy rather than a sudden shift. As global markets navigate uncertainty and reassess existing monetary structures, Beijing appears intent on steadily advancing its vision of a stronger yuan and a more influential role in the international financial system over the long term.
Apple is scheduled to report its fiscal first-quarter earnings after the market closes on Thursday, with investors closely monitoring whether strong holiday demand for iPhones can offset rising costs and uncertainty around artificial intelligence investments. The company’s fiscal first quarter, which concludes in December, is traditionally its most important period of the year due to seasonal consumer spending.
According to consensus estimates compiled by LSEG, analysts expect App
Apple is scheduled to report its fiscal first-quarter earnings after the market closes on Thursday, with investors closely monitoring whether strong holiday demand for iPhones can offset rising costs and uncertainty around artificial intelligence investments. The company’s fiscal first quarter, which concludes in December, is traditionally its most important period of the year due to seasonal consumer spending.
According to consensus estimates compiled by LSEG, analysts expect App
Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t
Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t
India’s Economic Survey 2025–26 has raised a serious warning over the rapid rise of digital addiction among children and adolescents, calling it a growing public health and economic risk. Tabled in Parliament on Thursday, the report highlights how excessive use of smartphones, social media, gaming platforms, and online entertainment is increasingly affecting mental wellbeing, academic performance, and long-term productivity among the country’s youth. The survey defines digital addiction
India’s Economic Survey 2025–26 has raised a serious warning over the rapid rise of digital addiction among children and adolescents, calling it a growing public health and economic risk. Tabled in Parliament on Thursday, the report highlights how excessive use of smartphones, social media, gaming platforms, and online entertainment is increasingly affecting mental wellbeing, academic performance, and long-term productivity among the country’s youth. The survey defines digital addiction
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
The US Cybersecurity and Infrastructure Security Agency has launched an internal review following the upload of sensitive contracting documents to a public version of ChatGPT by its acting director, according to officials familiar with the matter. The incident, which occurred last summer, triggered multiple automated security alerts within the Department of Homeland Security and has renewed scrutiny around the use of artificial intelligence tools inside federal agencies.
The documen
The US Cybersecurity and Infrastructure Security Agency has launched an internal review following the upload of sensitive contracting documents to a public version of ChatGPT by its acting director, according to officials familiar with the matter. The incident, which occurred last summer, triggered multiple automated security alerts within the Department of Homeland Security and has renewed scrutiny around the use of artificial intelligence tools inside federal agencies.
The documen
The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio
The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio
The United States government has officially launched a new investment program for newborns, called ‘Trump accounts,’ designed to help families start saving for their children’s future. The initiative, established under the One Big Beautiful Bill, provides an initial government deposit of $1,000 for every child born between 2025 and 2028. Officials estimate that approximately 25 million families will be eligible to participate over the next three years. Early adoption has been strong, with
The United States government has officially launched a new investment program for newborns, called ‘Trump accounts,’ designed to help families start saving for their children’s future. The initiative, established under the One Big Beautiful Bill, provides an initial government deposit of $1,000 for every child born between 2025 and 2028. Officials estimate that approximately 25 million families will be eligible to participate over the next three years. Early adoption has been strong, with
Municipal and county officials in Morris County are stepping up preparations ahead of a significant winter storm expected to impact the region this weekend. Emergency management teams are closely monitoring weather forecasts that indicate the potential for heavy snowfall, hazardous road conditions and disruptions to daily life across the county. Authorities say early planning is critical to ensuring public safety and minimizing the storm’s overall impact.
The Morris County Office of
Municipal and county officials in Morris County are stepping up preparations ahead of a significant winter storm expected to impact the region this weekend. Emergency management teams are closely monitoring weather forecasts that indicate the potential for heavy snowfall, hazardous road conditions and disruptions to daily life across the county. Authorities say early planning is critical to ensuring public safety and minimizing the storm’s overall impact.
The Morris County Office of
