Trump Signals US Military Pullback from Persian Gulf, Shaking Energy Security

Donald Trump has signaled a potential US military withdrawal from the Persian Gulf, asserting that other nations must take responsibility for securing their own oil and gas supplies from the region. This stance, articulated in a recent statement, could reshape the geopolitical landscape of a critical energy corridor. The announcement raises immediate concerns for global […]

Beyond Meat Faces Deeper Losses with Q4 Operating Deficit Swelling to $132.7 Million

Beyond Meat shares tumbled 9.71% to 63 cents in after-hours trading on Tuesday following a dismal fourth-quarter performance, with revenue sliding 19.7% year-over-year to miss analyst estimates. The decline, driven by a 22.4% drop in product volume, reflects persistent weakness in the plant-based meat category and reduced sales to quick-service restaurant customers for chicken and […]

Court Slams Brakes on Trump’s 90,000-Square-Foot White House Ballroom Build

A federal judge has ordered the Trump administration to suspend construction of a $400 million ballroom at the White House, a project that demolished the historic East Wing to create space for a 90,000-square-foot venue. U.S. District Judge Richard Leon granted a preliminary injunction on Tuesday, ruling that President Donald Trump lacks the statutory authority […]

OSC Slams KPMG for Failing to Flag Bridging Finance Loan Valuations

The Ontario Securities Commission (OSC) has launched an enforcement action against KPMG LLP, alleging significant audit failures in its 2019 and 2020 reviews of four funds managed by Bridging Finance Inc. This move comes as the fallout from Bridging’s collapse continues to reverberate, with investor losses now estimated at $1.3 billion. The OSC claims KPMG […]

OpenAI Locked Up 40% of Global RAM With No Obligation to Buy Any of It

In October 2025, OpenAI CEO Sam Altman flew to Seoul and signed letters of intent with Samsung Electronics and SK Hynix — the world’s two largest memory chipmakers — targeting 900,000 DRAM wafer starts per month. Analysts estimated that volume at roughly 40% of global supply. South Korean President Lee Jae-myung stood alongside the chipmakers […]

Google Warns Quantum Computers Could Crack Bitcoin Keys in Just 9 Minutes

Google Quantum AI has issued a stark warning: quantum computers could potentially crack Bitcoin’s private keys in as little as 9 minutes, posing a direct threat to the cryptocurrency’s security. This alarming estimate, detailed in a recent whitepaper, marks a shift from theoretical risk to a more immediate concern as quantum technology advances. The paper […]

Trump Signals Willingness to End Iran War Without Reopening Hormuz, Markets Swing

President Donald Trump told aides he is willing to end the US military campaign against Iran even if the Strait of Hormuz remains largely closed, the Wall Street Journal reported March 30, citing administration officials — a potential pivot in war aims that rattled financial markets Tuesday. Trump and his team concluded that an operation […]