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Archer Accuses Joby of Hidden China Ties in Escalating Air-Taxi Legal Battle

Electric air-taxi developer Archer Aviation has accused rival Joby Aviation of defrauding the U.S. government and concealing close ties to China, according to a new countersuit. Filed Monday in U.S. federal court,

10/03/2026

Finance

LeCun’s AMI Raises $1.03B to Challenge Current AI Models

Startup Advanced Machine Intelligence (AMI) has secured $1.03 billion in funding, valuing the company at $3.5 billion pre-money, as it pursues a new direction in artificial intelligence. The company was founded by

10/03/2026

Technology

Nasdaq Partners with Kraken to Expand Tokenized Securities Infrastructure

Nasdaq announced a strategic partnership with Kraken’s parent company Payward to develop tokenization infrastructure, targeting growing demand for blockchain-based financial assets. Tokenization converts traditional assets—such as stocks, bonds, funds, and real estate—into

09/03/2026

Finance

Trump Invested in Netflix and Warner Bros Bonds During Paramount Media Bidding War

U.S. President Donald Trump purchased over $1.1 million in Netflix bonds during the past three months, according to newly released government financial disclosures. Records show Trump bought more than $500,000 in Netflix

09/03/2026

Finance

Oil Surges Past $119 as Iran War Threatens Global Energy Supply

Global oil prices surged Monday, briefly exceeding $119 per barrel, their highest level since 2022, as the expanding U.S.–Israel conflict with Iran rattled energy markets. Brent crude jumped as much as 14%

09/03/2026

Finance

Nvidia-Backed Nscale Reaches $14.6B Valuation After $2B AI Funding Round

Artificial intelligence firm Nscale, backed by Nvidia, reached a $14.6 billion valuation after securing $2 billion in a new Series C funding round. The investment was led by Norway’s Aker and 8090

09/03/2026

AI

GE Aerospace Announces $1B Investment to Expand U.S. Jet Engine Production

GE Aerospace announced Monday it will invest an additional $1 billion in U.S. manufacturing and suppliers to accelerate jet engine production and meet strong global demand. The investment follows a similar $1

09/03/2026

Technology

California Lithium Firm Targets $4.7B Nasdaq Listing via SPAC Deal

California-based lithium developer Controlled Thermal Resources (CTR) will go public through a $4.7 billion merger with blank-check company Plum Acquisition Corp IV. The transaction will allow the combined entity to trade on

09/03/2026

Finance

China Raises Fuel Price Caps to Four-Year High as Iran War Drives Oil Surge

China announced its largest retail fuel price cap increase in four years on Monday, responding to soaring global oil prices triggered by the escalating U.S.–Israel conflict with Iran. The country raised regulated

09/03/2026

Economy

Global Stocks Slide as Oil Surge and Iran Conflict Shake Markets

Global equities declined Friday as Middle East tensions and oil supply fears unsettled investors, prompting renewed concerns about inflation and shifting expectations for interest rate cuts. European stocks weakened alongside U.S. futures,

06/03/2026

Finance