Things are looking up for Wall Street, and Goldman’s third-quarter results show why
David Solomon, Chairman and CEO, Goldman Sachs, speaks during the Milken Institute Global Conference. In the latest sign of a resurgence in Wall Street dealmaking, Goldman Sachs reported a 45% jump in profits driven by gains in key business lines, including M&A advisory and equity and debt underwriting. The bank on Tuesday posted a profit…
Stock market today: Indexes fall from records as chip rout drags tech shares lower
A drop in chipmaker shares on Tuesday hit pause on the latest rally, yanking indexes from the record highs achieved in the previous session. The tech-heavy Nasdaq dropped 1% as Tuesday’s session delivered a double-whammy to the semiconductor industry. Europe’s largest tech firm, ASML, set off sector-wide gloom when it posted disappointing earnings and slashed…
As a warning, China sent warplanes and warships, including its first aircraft carrier, to practice assaulting Taiwan
China said its “Joint Sword-2024B” exercises have concluded and successfully tested integrating joint military operations. In a warning, China’s military surrounded Taiwan during a military exercise on Monday, demonstrating its ability to blockade key ports, execute strikes, and assault positions. The drill, a follow-up to a massive exercise earlier this year, included warplanes and naval…
China has built a giant Osprey-like drone that engineers say can carry 10 passengers and fly at 340 mph
United Aircraft’s team standing before the Lanying R6000 prototype with a sign that says the drone was just rolled off the assembly lines. A Chinese aviation firm has built the first prototype of a large tilt-rotor drone that can carry a 2-ton load, according to a local report in Anhui province. Dubbed the Lanying R6000,…
North Korea is blowing stuff up and making threats, but it’s unlikely to go further
North Korea blew up roads linking it to South Korea on Tuesday, after warnings regarding South Korean drones in its airspace. North Korea blew up parts of roads and rail lines connecting it with South Korea on Tuesday in a move that has escalated tensions in the region. In response, South Korea fired warning shots…
Russia likely shot down one of its own rare combat drones to try to stop it from falling into enemy hands, UK intel says
Ukrainian soldiers inspecting parts of a Russian aircraft in eastern Ukraine on October 5. A Russian heavy-combat drone that crashed in Ukraine this month was shot down by Russia, likely in an effort to stop it from falling into Ukrainian hands, the UK’s Ministry of Defense said. Early this month, footage began circulating on social…
Video shows one of Taiwan’s F-16s tracking a Chinese J-15 fighter jet with its sniper pod during war games
China’s Liaoning aircraft carrier participated in Monday’s massive “Joint Sword-2024B” exercise, in which China simulated military action against Taiwan. A new video from Taiwan’s response to China’s military exercises this week shows a Chinese J-15 carrier-based fighter jet through the sniper pod on an American-made F-16. The Chinese drills, which were called “Joint Sword-2024B,” saw…
A record-breaking 153 Chinese warplanes flew around Taiwan in war games meant as a warning
Taiwan said its military continued to monitor and respond to massive Chinese military drills. A record number of Chinese military aircraft flew around Taiwan during large-scale war games on Monday, new data from the nation’s defense ministry shows. The drills, called “Joint Sword-2024B,” involved joint forces simulating surrounding Taiwan, blockading ports, striking targets, and executing…
The latest AI trend is asking ChatGPT to tell you something about yourself that you might not know
Some people are asking ChatGPT to tell them things about themselves that they don’t know. ChatGPT is known for being quick to offer up answers. Now, some users of the popular chatbot are using a specific prompt to see if the AI can reveal something about themselves that they didn’t already know. Tom Morgan, founder…
