Super Micro’s $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.
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The Enforcement Directorate (ED) conducted searches on vendors associated with e-commerce giants Amazon and Flipkart as part of an investigation into potential violations of foreign exchange laws. The raids, spanning multiple cities, focused on financial transactions of “preferred” vendors, aiming to uncover any irregularities related to foreign exchange regulations.
Netanyahu hits back over global pressure to make cease-fire concessions, says demands are ‘immoral’, ‘insane’
Israeli Prime Minister Benjamin Netanyahu fiercely defended his insistence on maintaining control of the strategically important Philadelphi Corridor even as critics urge him to concede on that point to try and ensure a deal to release hostages. “What has changed? What has changed in this week?” Netanyahu said during an English-language press conference on Wednesday….
EY employee death: Rahul Gandhi speaks to kin, vows to ‘personally fight’ for justice
Rahul Gandhi has spoken to the parents of Anna Sebastian, a 26-year-old EY employee who died due to work-related stress. He assured them he would advocate for better working conditions. The All India Professional Congress will launch an awareness movement and helpline for corporate professionals facing similar challenges.
Pakistani woman’s old video claiming to be Trump’s daughter goes viral
A video featuring a burqa-clad woman claiming to be Donald Trump’s daughter has gone viral. The woman, speaking in Urdu, alleges that Trump dismissed his relationship with her mother, deeming her irresponsible. She also claims that Melania Trump mistreated her. The video has sparked humorous reactions from X users.
‘I played here at 11, now I am 32’: KL Rahul on Bengaluru return
India faces New Zealand in the first Test at Bengaluru’s M Chinnaswamy Stadium, aiming to extend their six-match winning streak. For KL Rahul, this match is a special homecoming, evoking memories of his early cricketing days. Rahul reminisced about his journey and experiences at this ground, including cherished clubhouse canteen breakfasts.
