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Topic: Science (2991)

US Tariffs Take Effect Amid Market Jitters. Δ1.52

US stock futures held steady as Wall Street prepared for President Donald Trump's broad tariffs on America's top trading partners to take effect. Futures attached to the S&P 500 climbed 0.2%, Nasdaq futures rose 0.3%, and Dow Jones futures pushed up 0.1% from the flatline. The countries had been negotiating with the Trump administration to avoid the tariffs, but Trump said there is "no room left" for Canada or Mexico to strike a deal.

Ukraine Can Hold Out on Frontline, Kyiv Says After Trump's Military Aid Pause Δ1.51

Ukraine has maintained its ability to supply its front lines despite the U.S. pause in military aid, while President Zelenskiy remains silent on the issue. The aid freeze has sparked tensions between Washington and Kyiv, with the Kremlin saying it is a step towards peace. Ukraine's military capabilities have been bolstered by EU and other international support since the start of the conflict.

The Best Phone to Buy Right Now. Δ1.57

Consumers seeking a new smartphone can find a variety of reliable options that prioritize usability over groundbreaking innovation. Current offerings include solid choices across different price ranges, with features that cater to everyday needs while ensuring longevity in software updates and performance. The market reflects a shift towards iterative improvements rather than dramatic changes, allowing users to find devices that seamlessly integrate into their daily lives.

Factbox - The Five Cryptocurrencies Trump Wants the US to Hold in Reserve. Δ1.54

U.S. President Donald Trump has proposed a new strategic reserve of cryptocurrencies, which includes XRP, SOL, and ADA, along with Bitcoin and Ether, aiming to bolster the U.S. government's digital asset portfolio. This announcement, made via Truth Social, surprised traders, particularly due to the inclusion of lesser-known tokens, which resulted in a surge in their market prices. The initiative reflects Trump's continued engagement with the cryptocurrency sector and highlights the growing importance of digital assets in the financial landscape.

The Five Cryptocurrencies Trump Wants the US to Hold in Reserve Δ1.54

U.S. President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve, including XRP, SOL, ADA, bitcoin, and ether, which will be owned by the U.S. government. The selection of these tokens is surprising, with lesser-known tokens like XRP and SOL being chosen over more popular ones like bitcoin and ether. Trump's executive order on digital assets aims to create a stockpile of these cryptocurrencies.

Methane Detection Gains Ground with New Technologies. Δ1.62

New methane detectors are making it easier to track the greenhouse gas, from handheld devices to space-based systems, offering a range of options for monitoring and detecting methane leaks. The increasing availability of affordable sensors and advanced technologies is allowing researchers and activists to better understand the extent of methane emissions in various environments. These new tools hold promise for tackling both small leakages and high-emitting events.

Super Mario to Benchmark AI Performance. Δ1.62

Researchers at Hao AI Lab have used Super Mario Bros. as a benchmark for AI performance, with Anthropic's Claude 3.7 performing the best, followed by Claude 3.5. This unexpected choice highlights the limitations of traditional benchmarks in evaluating AI capabilities. The lab's approach demonstrates the need for more nuanced and realistic evaluation methods to assess AI intelligence.

CoreWeave Files Major AI IPO as Revenue Surges Over Eight-Fold Δ1.50

CoreWeave, a cloud provider backed by Nvidia, has announced a significant surge in revenue of over eight-fold to $1.92 billion in 2024, according to its U.S. initial public offering paperwork. The startup is now poised to raise more than $3 billion from the share sale and aims for a valuation greater than $35 billion, making it one of the biggest tech listings in recent years. CoreWeave competes with cloud providers such as Microsoft's Azure and Amazon's AWS, but its data center footprint grew to 32 in 2024 compared to 10 in 2023.

Republicans in Congress Turn Up Scrutiny of Fed as Inflation Persists Δ1.51

Congressional Republicans are intensifying their scrutiny of the Federal Reserve, a move that coincides with the central bank's struggles to contain stubborn inflation and redefine its role as a regulator. The incoming House task force will examine the Fed's conduct of monetary policy and bank regulation, grappling with questions about its dual mandate and supervisory role. The Fed is currently undergoing its own five-year review of its monetary policy strategy, seeking to address criticisms that it was slow to respond to inflation following the Covid-19 pandemic.

The Best Fitness Trackers to Buy Right Now. Δ1.58

Fitness trackers have evolved significantly, offering advanced features that cater to a variety of health and fitness goals. The market now includes devices that monitor heart health, recovery, and even sleep quality, making it easier for users to select a tracker that aligns with their lifestyle. With a diverse range of options available, individuals can find a fitness tracker that suits their personal needs, whether for casual use or serious training.

Why Tariffs 'Aren’t the Problem' In the Stock Market: Veteran Trader. Δ1.53

Trader Talk host Kenny Polcari argues that the real issue in the stock market is not the tariffs themselves but rather the panic and knee-jerk reactions of investors to tariff announcements. Despite ongoing concerns regarding escalating trade talks and potential tariff increases, Polcari emphasizes that markets often rebound after initial sell-offs as companies adapt and trade deals are renegotiated. He suggests that maintaining a calm approach to investing is crucial, as overreacting to tariff news may lead to greater losses than the tariffs themselves.

Government Oversight in Jeopardy as Musk's Authority Comes Under Fire Δ1.54

The growing tensions surrounding Elon Musk's executive power, accountability, and the implications of his actions within government agencies are being put to the test. Senator Ed Markey has urged lawmakers to call SpaceX CEO Elon Musk and the acting head of the Federal Aviation Administration to testify about air traffic control IT systems, citing concerns over Musk's reported interference in a competitively awarded FAA contract. The outcome of this ruling could set a significant precedent regarding the balance of power between appointed officials and the legal authority of executive actions in the federal government.

TSMC Invests $165 Billion in US Chip Industry. Δ1.51

TSMC's significant investment in the US is likely to reshape the global chip landscape by bolstering its competitive edge and expanding its capabilities in advanced technologies such as AI, where it has previously been a dominant player. The move may also put pressure on Intel, which has struggled with declining sales and lost market share, prompting it to seek customers for its own factories in the US. As TSMC ramps up production, it is poised to create hundreds of billions of dollars in semiconductor value for AI and other cutting-edge applications.

FDIC Rolls Back Mergers Policy Δ1.50

The Federal Deposit Insurance Corporation has approved a proposal to roll back a Biden-era policy that increased scrutiny of large bank mergers, allowing banks to pursue more streamlined deals. The move reverses stricter oversight rules adopted in 2024, which would have subjected larger firms to public hearings and financial stability analysis. By reinstating a more lenient approach, the FDIC aims to reduce regulatory uncertainty and expedite the review process.

Trump’s FDA Cuts Are Putting Drug Development at Risk. Δ1.53

Budget and staffing cuts at the Food and Drug Administration orchestrated by President Donald Trump could prevent new drugs “from being developed, approved, or commercialized in a timely manner, or at all,” according to dozens of annual reports sent by pharmaceutical companies to the Securities and Exchange Commission in late February. The impact on clinical trials and regulatory approvals is likely to be significant, potentially slowing down the development of life-saving treatments for serious diseases. As a result, patients may face longer wait times for new medications, which could have devastating consequences for public health.

Singapore Arrests Alleged Nvidia Chip Smugglers. Δ1.52

Singaporean authorities have cracked down on alleged smugglers of advanced Nvidia chips, arresting three individuals accused of diverting restricted technology to Malaysia. The investigation revolves around servers containing Nvidia components, allegedly supplied by Dell and Supermicro, raising concerns about China's attempts to circumvent US export controls. As the global semiconductor industry faces increasing scrutiny, Singapore's actions may signal a growing willingness to take action against illicit activities.

Trump Purge Hits Chips Act Office, Two-Fifths of Staff to Be Terminated: Report. Δ1.51

The Trump administration has laid off two-fifths of the staff at the U.S. Chips Program Office, responsible for managing the $52 billion Chips and Science Act, resulting in 60 job losses by the end of Monday. The office's budgeted funds have been contracted out, but more cuts are expected, raising concerns about the future of the program. The move is seen as a direct response to President Trump's opposition to certain stipulations included in the Biden-era Chips Office funding, such as unionization and paid parental leave.

The Banker Almost Credits Billions to Wealth Account in Copy-Paste Error Δ1.55

A near-error occurred at Citigroup after a staffer copied and pasted an account number into a field for the dollar figure, which was detected on the next business day. The company has since set up a tool to help vet large, anomalous payments and transfers. Citigroup did not immediately respond to a request for comment.

Researchers Surprised to Find Less-Educated Areas Adopting AI Writing Tools Faster. Δ1.59

Stanford researchers have analyzed over 305 million texts and discovered that AI writing tools are being adopted more rapidly in less-educated areas compared to their more educated counterparts. The study indicates that while urban regions generally show higher overall adoption, areas with lower educational attainment demonstrate a surprising trend of greater usage of AI tools, suggesting these technologies may act as equalizers in communication. This shift challenges conventional views on technology diffusion, particularly in the context of consumer advocacy and professional communications.

American Airlines Asks US Supreme Court to Reverse Ruling Barring JetBlue Alliance Δ1.50

American Airlines has asked the U.S. Supreme Court to reverse a lower-court decision that found its now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law, potentially paving the way for future collaborations between major airlines in the region. The company's appeal seeks to overturn a ruling by a Boston-based federal appeals court that upheld a trial judge's decision blocking the alliance. American Airlines argued that the joint venture was designed to increase market-wide competition among all airlines and expand customer options in the Northeast.

Elon Musk’s $1 Spending Limit Is Paralyzing Federal Agencies. Δ1.53

Elon Musk's implementation of a $1 spending limit for federal agencies, under the Department of Government Efficiency (DOGE), is causing significant disruptions in operations, including delays in critical shipments and hindrances to employee productivity. The credit card freeze is stalling essential travel and preventing agencies from effectively carrying out their functions, raising questions about the operational viability of government departments under such constraints. This situation highlights the broader implications of Musk's management style, which may redefine the relationship between private-sector practices and public administration.

Creator Monetization Platform Passes Sued over Alleged Distribution of CSAM. Δ1.51

Passes, a direct-to-fan monetization platform for creators backed by $40 million in Series A funding, has been sued for allegedly distributing Child Sexual Abuse Material (CSAM). The lawsuit, filed by creator Alice Rosenblum, claims that Passes knowingly courted content creators for the purpose of posting inappropriate material. Passes maintains that it strictly prohibits explicit content and uses automated content moderation tools to scan for violative posts.

GigaCloud Technology Inc. (GCT) Q4 Earnings Lag Estimates Δ1.51

GigaCloud Technology Inc. (GCT) delivered earnings and revenue surprises of -15.56% and 1.99%, respectively, for the quarter ended December 2024, missing expectations due to non-recurring items. The company's quarterly report represents an earnings surprise of -15.56%, underscoring the volatility of its stock price. GCT's shares have lost about 8.6% since the beginning of the year, outperforming only the S&P 500.

Ukraine's Parliament Says Trump's Peacekeeping Is 'Decisive' In Ending the War Δ1.51

Ukraine's parliament has hailed President Donald Trump's peacekeeping efforts as "decisive" in ending the country's three-year-old war with Russia, citing US support as crucial to Ukraine's security. The statement comes after a public row between Trump and Ukrainian President Volodymyr Zelenskiy at the White House. Washington's backing for Ukraine has been a key factor in maintaining the country's sovereignty and resilience against Russian aggression.

IPhone 16e: A Surprisingly Impressive Alternative for Apple Intelligence Enthusiasts. Δ1.54

The iPhone 16e delivers a seamless software experience thanks to its compatibility with iOS and the availability of Apple Intelligence features, including Writing Tools, Notification Summaries, Image Playground, Visual Intelligence, Clean Up, and Genmoji. This personal intelligence system allows users to access advanced assistance based on their personal information and context. However, it's essential to note that the iPhone 16e's camera capabilities may not meet the expectations of photo enthusiasts.

MWC Hears Two Starkly Divided Views of AI's Impact. Δ1.60

At the Mobile World Congress trade show, two contrasting perspectives on the impact of artificial intelligence were presented, with Ray Kurzweil championing its transformative potential and Scott Galloway warning against its negative societal effects. Kurzweil posited that AI will enhance human longevity and capabilities, particularly in healthcare and renewable energy sectors, while Galloway highlighted the dangers of rage-fueled algorithms contributing to societal polarization and loneliness, especially among young men. The debate underscores the urgent need for a balanced discourse on AI's role in shaping the future of society.

Tariffs on Canada and Mexico Hit Wall Street Hard Δ1.51

Wall Street's main stock indexes tumbled late Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. The S&P 500 lost 1.75%, to end at 5,850.31 points, while the Nasdaq Composite lost 2.64%, closing at 18,350.19. The Dow Jones Industrial Average fell 1.47%, to 43,197.30. The Canadian dollar and Mexican Peso each fell to a one-month low against the U.S. dollar.

Elon Musk Floats a Solution to Tesla Vandalism. Δ1.51

Tesla CEO Elon Musk has proposed a solution to vandals attacking his company's cars: honking when tampered with. This move comes as customers report increasing incidents of keying and vandalism, prompting some owners to request the automaker take action. Musk responded by suggesting the car make noise when approached by someone tampering with it.

Trump Announces Strategic Reserve for Top Cryptocurrencies. Δ1.54

President Donald Trump's surprise announcement of a strategic reserve comprising top cryptocurrencies, including Bitcoin and Ethereum, has sparked debate among industry figures about its implications and feasibility. The proposal has been met with skepticism by some, who question the practicality of storing large amounts of cryptocurrency in a physical location. However, others see it as a potential game-changer for the industry.

Why Marvell Technology (MRVL) Shares Are Plunging Today. Δ1.50

Marvell Technology's shares plummeted 5.9% in response to news that the Trump administration confirmed a 25% tariff on imports from Canada and Mexico, two of the largest trading partners of the United States, amid growing unease among Wall Street analysts and investors. The market's reaction was swift, with major indices tumbling, highlighting the urgent need for businesses to factor potential downside into their financial forecasts. For Marvell Technology, today's move indicates the market considers this news meaningful but not fundamentally changing its perception of the business.

Tesla Stock Reaches $430 as Morgan Stanley Reinstates as Top Pick. Δ1.55

Morgan Stanley analyst Adam Jonas predicts Tesla's shares will rise to $430, driven by the company's diversification into artificial intelligence and robotics. Shares initially fell 28% in February due to sluggish EV sales, but Jonas sees this as an attractive entry point for investors. The analyst reinstated Tesla as a top pick for the auto sector, citing the commercial opportunity of non-auto expressions of embodied AI.

Trump Criticizes Zelensky's Remarks on War's End. Δ1.52

The statement by Ukrainian President Volodymyr Zelensky that a deal to end the war with Russia was "very far away" has drawn a fierce response from Donald Trump, who accused Zelensky of not wanting peace and expressed frustration over what he perceived as a lack of gratitude for US aid. The US president's comments have caused tension between the two countries and raised concerns about the future of Ukraine's defense under Western backing. Meanwhile, European leaders have proposed a "coalition of the willing" to defend Ukraine and prevent Russian aggression after a peace deal.

Crypto Stocks, Bitcoin Drop, Reversing Direction After Trump Touts US Crypto Reserve Δ1.54

Crypto stocks experienced volatility following former President Donald Trump's announcement on Truth Social regarding the creation of a U.S. crypto reserve that would include various cryptocurrencies such as bitcoin and ether. Despite an initial surge in prices, including a nearly 9% rise in bitcoin, the market reversed course, leading to declines in major crypto stocks and raising questions about the feasibility of Trump's proposal. Analysts highlight the mixed reception from the crypto community, noting the unexpected inclusion of multiple digital assets beyond bitcoin, while also emphasizing the uncertainty surrounding the implementation of such a reserve.

Nvidia Stock Plunges Amid China Probe. Δ1.53

Nvidia's stock price plummeted on Monday after Singapore announced an investigation into whether servers shipped to Malaysia containing chips barred from China ended up in the mainland. The investigation raises concerns about U.S. scrutiny of equipment exports by American companies, potentially dragging on sales growth. The news comes amid investor caution ahead of scheduled implementation of higher U.S. tariffs on goods from China, Mexico, and Canada.

Currencies of Trump’s Tariff Targets Slump With Levies Looming. Δ1.50

The Canadian dollar and Mexican peso have experienced notable declines following President Trump's announcement of a 25% tariff on products from both countries, set to take effect soon. This move has led to market volatility, as traders anticipated potential concessions that did not materialize, pushing both currencies to their weakest levels against the dollar since previous tariff deadlines. The overall sentiment in the foreign-exchange market suggests growing concern about the potential negative impacts of these tariffs on key industrial sectors in the U.S.

GM Hires Chief AI Officer for New Role Δ1.53

General Motors has announced the hiring of its first chief artificial intelligence officer as the automaker seeks to integrate AI technology into its vehicles and other business operations. Barak Turovsky, a former head of AI at Cisco, will lead GM's software and services engineering team and report to Dave Richardson, senior vice president of the department. The appointment aims to accelerate GM's AI efforts across various product lines, including electric vehicles and autonomous driving systems.

What Elon Musk’s Critics Are Getting Wrong. Δ1.57

Elon Musk’s role in the government efficiency commission, known as DOGE, has been misconstrued as merely a vehicle for his financial gain, despite evidence suggesting it has led to a decline in his wealth. Critics argue that Musk's collaboration with Trump aims to dismantle government services for personal financial benefit, yet his substantial losses in Tesla's stock value indicate otherwise. This situation highlights the complexities of Musk's motivations and the potential risks his political alignment poses for his primary business interests.

Nvidia Stock Tumbles Over 8% Amid Reports of AI Chip Sales to China. Δ1.52

Nvidia's stock price sank 8.8% Monday to its lowest closing price since last September as reports surfaced of the tech giant's AI chips reaching China despite export controls. The company's latest Blackwell chips are reportedly being sold through third-party resellers using entities registered in nearby regions, violating export controls. Nvidia has argued that it is not accountable for its resellers selling into China, but this stance may be challenged by new restrictions.

The Future of Productivity on Large-Screen Tablets Δ1.51

The Samsung Galaxy Tab S10 Ultra is now available with up to $800 off, making it an attractive option for those seeking a large-screen tablet that balances productivity with portability. Its 14.6-inch AMOLED display and 120Hz refresh rate provide vibrant colors and seamless performance. The tablet's AI capabilities and software longevity make it an excellent choice for users invested in the Samsung ecosystem.

Sesame Gets the Imperfections of Human Conversation. Δ1.57

Sesame's Conversational Speech Model (CSM) creates speech in a way that mirrors how humans actually talk, with pauses, ums, tonal shifts, and all. The AI performs exceptionally well at mimicking human imperfections, such as hesitations, changes in tone, and even interrupting the user to apologize for doing so. This level of natural conversation is unparalleled in current AI voice assistants.

Nvidia Faces Backlash Over AI Chip Export to China. Δ1.52

Nvidia's stock plummeted 8.8% on Monday as reports emerged that its AI chips were reaching China despite export controls, raising concerns about the tech giant's ability to enforce its own regulations. The company's latest Blackwell chips are allegedly being sold through third-party resellers in nearby regions, violating US export restrictions. Nvidia's stock has fallen nearly 12% over the past five days, with shares trading at levels just over their 2025 low.

Self-Driving Cars: Google and Others Map the Road to Automated Vehicles Δ1.52

General Motors has announced the discontinuation of its Cruise robotaxi service, a decision that highlights the challenges faced by companies in the autonomous vehicle sector. CEO Mary Barra cited high costs and regulatory difficulties as primary reasons for the shift in focus toward privately owned driverless cars, reflecting a significant pivot in GM's strategy. The financial burden of the Cruise project, which reported a staggering loss of $3.48 billion in 2023, raises questions about the viability of shared autonomous mobility services.

Google Play Is Going to Start Highlighting Apps with Widgets Δ1.52

Google is making some changes to Google Play on Android devices to better highlight apps that include widgets, according to a blog post. The changes include a new search filter for widgets, widget badges on app detail pages, and a curated editorial page dedicated to widgets. Historically, one of the challenges with investing in widget development has been discoverability and user understanding, but Google aims to justify this effort by user adoption.

The Future of AI Regulation Takes Center Stage in California Δ1.51

The author of California's SB 1047 has introduced a new bill that could shake up Silicon Valley by protecting employees at leading AI labs and creating a public cloud computing cluster to develop AI for the public. This move aims to address concerns around massive AI systems posing existential risks to society, particularly in regards to catastrophic events such as cyberattacks or loss of life. The bill's provisions, including whistleblower protections and the establishment of CalCompute, aim to strike a balance between promoting AI innovation and ensuring accountability.

Google Play Update Makes It Easier to Find Android Apps with Widgets Δ1.51

Google has announced several changes to its widgets system on Android that will make it easier for app developers to reach their users. The company is preparing to roll out new features to Android phones, tablets, and foldable devices, as well as on Google Play, aimed at improving widget discovery. These updates include a new visual badge that displays on an app's detail page and a dedicated search filter to help users find apps with widgets.

Ramp's Explosive Growth Raises Questions About Profitability and Valuation Δ1.50

Fintech startup Ramp has crossed $700 million in annualized revenue as of January this year, more than doubling its previous growth. The company, valued at $13 billion after a recent secondary share sale, is reinvesting its money to maintain a strong R&D focus rather than becoming profitable. With over half of every dollar spent on payroll going into product development, Ramp's business model is distinct from most software companies.

Blood Pressure in Smartwatches: A New Frontier for Health Monitoring Δ1.54

Huawei's Watch D2 has made a significant breakthrough in wearable technology by integrating an ambulatory blood pressure monitoring device, marking the first wrist-based device of its kind. The smartwatch is certified by China's National Medical Products Association and the EU's Medical Device Regulation, ensuring its safety and accuracy. By measuring blood pressure over a 24-hour period, users can gain a clearer picture of their health, particularly for those with hypertension and cardiovascular issues.

Tariffs on Canada, Mexico to Start Tuesday, Trump Says Δ1.50

The U.S. is imposing 25% tariffs on its trade with Canada and Mexico, effective from Tuesday, in response to what President Donald Trump described as "unfair" trade practices by the two countries. Reciprocal tariffs will start on April 2, marking a significant escalation of tensions between Washington and its northern neighbors. The move is part of a broader strategy to protect American industries and jobs.

Nvidia Stock Plunged Again Monday. Is This a Great Chance to Buy? Δ1.52

Nvidia shares were dropping again to start the trading week, down nearly 9% as of 3:15 p.m. ET Monday. Nvidia's recent drop stems from investors' fears that export controls may be coming for high-performing AI chips. Restrictions are already in place that limit Nvidia's most powerful chips from being exported to China.

Atlanta Fed Shock Sounds 'Trumpcession' Warning Δ1.50

The Atlanta Fed's GDPNow model has signaled a concerning -2.8% growth estimate for the current quarter, a stark decline from previous projections and the fastest contraction since the pandemic lockdown. This drop is attributed to a combination of a record-high trade deficit and weakening manufacturing activity, reflecting broader economic uncertainties tied to President Trump's policies. As consumer sentiment falters and market indicators flash warning signs, the potential for a "Trumpcession" looms, raising questions about the Federal Reserve's next steps.