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Stories from United States

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economy 47d ago New York

Invesco Nasdaq Technology ETF Trading Suspension

Trading for Auddia Inc (AUUD) common stock was halted on the NASDAQ exchange due to volatility on April 24, 2026. The pause occurred at approximately 10:29 ET. This action follows significant market movement for the company. Trading is expected to resume at 10:30 following the suspension period.
Bluesky Social
technology 47d ago Menlo Park

Meta Secures Multiyear Deal For Amazon AI Chips

Meta and Amazon have entered into a multibillion-dollar agreement focused on artificial intelligence chips. The deal aims to bolster the infrastructure required for large-scale AI development and deployment. This move signals intensified competition in the hardware sector supporting generative AI technologies. Meta has entered a multiyear agreement to utilize hundreds of thousands of Amazon Graviton chips. The deal establishes Meta as one of Amazon's largest customers for the hardware.
Mastodon
sports 47d ago Orlando

Detroit Pistons Beat Magic To Avoid Elimination

The Detroit Pistons secured a 90-82 victory over the Orlando Magic following a dominant third quarter. The Magic were unable to overcome the Pistons' scoring surge in the latter half of the game. The victory gives the Magic a 2-1 lead in the series. Game 4 of the matchup is scheduled to take place on Monday. Paulo Bonchero and Desmond Bain each contributed 25 points to the Magic's victory. The team overcame a 17-point deficit in the fourth quarter to secure the win. Paulo Bonchero and Desmond Bay each scored 25 points during the matchup. Bonchero also recorded 12 rebounds and nine assists. Cade Cunningham recorded a 45-point haul during the victory. The win brings the series score to 3-0 in favor of Detroit. The Detroit Pistons defeated the Orlando Magic 116-109 in an NBA playoff Game Five. The victory sends the series back to Orlando for Game Six.
NBC News Radio
economy 47d ago Washington

Iranian Rial Loses Value Amid Inflation

The cost of accessing VIP receptions tied to the $TRUMP memecoin has significantly decreased. This decline indicates waning interest from cryptocurrency traders and reflects a broader collapse in memecoin market prices. Holders have seen a substantial drop in the value required for such access compared to the previous year. A specific meme-based cryptocurrency has lost 95% of its value since its inception. The token's initial price was 70 dollars, but it has recently dropped 25% to a current price of 2.50 dollars. The decline is described as a failure to achieve success. The Iranian rial is experiencing rapid depreciation, losing value every minute. Rising prices are contributing to the currency's decline. The source noted that the currency's loss of value is outpacing the ability of people to manage the economic impact.
Bluesky Social
politics 47d ago Washington

Trump Urges Iran To Avoid Nuclear Weapons

US Secretary of State Antony Blinken has called on Tehran to seize an opportunity for a nuclear agreement with the United States. The statement comes amid ongoing international efforts to manage Iran's nuclear program. The US administration is pursuing a strategy to accelerate a peace agreement to ensure regional actors give up their nuclear capabilities. Analysts suggest that immediate ground troop deployment is unlikely in the first set of responses. The administration's current focus remains on bringing parties to the negotiating table. The specific timeline for potential military involvement remains uncertain. There are currently no indications of imminent ground troop deployments in response to the situation. The administration's strategy focuses on diplomatic pressure to achieve disarmament.
RAI Radio 2
politics 47d ago Lubbock

Texas University Bans LGBTQ+ Classroom Topics

Texas Tech University has implemented a ban preventing professors and students from writing or discussing LGBTQ+ topics. The policy also includes the elimination of five specific fields of study. The move has sparked debate regarding First Amendment rights and academic freedom. The policy was reported following recent developments in the state.
Mastodon
politics 47d ago Washington

US Defense Secretary Emphasizes Foreign Military Sales

US Defense Secretary Pete Hegseth stated that the US blockade is expanding. This development follows orders to maintain high readiness and target specific maritime activities. The situation impacts regional security and diplomatic negotiations involving Iran. He noted that more customers for American companies support more American workers. Hegseth said the need to ensure allies are properly armed to assist in burden sharing. He also mentioned the importance of delivering systems on time and under budget to partner nations.
BBC Radio 4
economy 47d ago Menlo Park

Meta And Microsoft Announce 20,000 Job Cuts

Meta and Microsoft are planning significant workforce reductions, including layoffs and buyouts, that could impact approximately 23,000 employees. The restructuring follows shifting priorities in the tech sector and aims to streamline operations. This development marks a major shift in the labor landscape for the world's largest technology firms. Reports indicate that Meta and Microsoft are planning to reduce their workforce by 23,000 positions. The news surfaced regarding the tech giants' intentions to trim their teams.
Mastodon
technology 47d ago Seattle

Amazon To Sell AI Training Hardware

Meta has signed a multi-billion dollar agreement to run its agentic AI workloads on Amazon's Graviton CPU chips. This move signals a strategic shift away from traditional GPU-centric infrastructure to meet rising demand for large-scale AI processing. The deal aims to optimize computational efficiency for the company's evolving AI requirements. Amazon plans to sell physical AI training chip server racks to external customers within two years.
Mastodon
economy 47d ago Santa Clara

Blockchain Capital Shares Surge 27.8 Percent

Intel stock rose 27% following reports of unprecedented demand for agentic AI in central processing units. The surge follows company earnings confirmation regarding the role of AI in driving future CPU requirements. This shift highlights the growing importance of specialized hardware for artificial intelligence workloads. Blockchain Capital (BCAP) rose 27.8% to a price of $105.75.
Bluesky Social