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Wall Street sinks as Nasdaq falls over 2% on AI cost worries

The tech-heavy Nasdaq slid more than 2 percent on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta did little to address AI-related concerns, with a recovery in oil prices further adding to market unease. Meta slipped 5.2 percent after the social media giant unveiled a new class of non-voting shares to help fund its costly AI expansion. The decline came despite stronger-than-expected quarterly revenue and an upbeat fourth-quarter sales forecast. The market weakness marked a sharp reversal from Wednesday, when robust results from SpaceX and Super Micro sparked an AI-fueled rally. The optimism faded as investors shifted their focus from earnings strength to the enormous capital required to build AI infrastructure and their uncertain return timeline. The selloff put the Philadelphia SE Semiconductor Index on track to shed more than $616 billion in market value, while the Nasdaq-100 was set to erase nearly $1 trillion. The semiconductor index fell 5.6 percent to its lowest since July 29. "Semiconductors and the Nasdaq have been elevated to a huge degree by inve

Govts, companies take websites offline over PHP vulnerabilities

Several government, school and hospital websites across Europe and beyond were taken offline on Wednesday as organizations rushed to protect themselves from two critical security flaws in PHP, a programming language that powers a large share of the internet. Cybersecurity agencies across the world warned that organizations unable to apply fixes in time should consider taking affected sites offline. PHP's developers said a set of new updates fixing two previously identified critical vulnerabilities was available. Here are some major websites and services taken offline or otherwise affected: Germany A spokesperson for the German digital ministry said on Wednesday the federal IT service provider ITZBund had taken several websites offline due to the discovery of PHP vulnerabilities. The temporary deactivation was purely preventive and no security incidents were known to have occurred, the spokesperson said. France The Interior Ministry said it had temporarily taken offline the websites of prefectures, which are local government administrative offices, while awaiting a security fix for the PHP

2nd female lawmaker in Australia targeted days after alleged vehicle attack

Western Australia Police said it was alleged that the man made 'verbal threats while in possession of an improvised martial arts weapon (nunchucks).'

Law firm involved in Prince Harry's legal battle goes bust

Law firm involved in Prince Harry's legal battle goes bustA law firm that played a central role in Prince Harry’s unsuccessful privacy action against the publisher of the Daily Mail has gone bankrupt, according to a report on Thursday.According to GB News, Thomson Heath Jenkins has shut its...

'Truly An Evil Regime': Trump Accuses Iran Of Driving Up Oil Prices Before US Midterms

In a post on Truth Social on Thursday, Trump accused Tehran of fabricating reports of attacks and naval mines to push oil prices higher.

Michael Carrick future LIVE: Man United sack latest, Bruno Fernandes decision, next manager odds

The latest news and updates on Michael Carrick's Manchester United future after the Champions League humbling at the hands of Como

Fox Nation Plans to Place Promos for Chris Harrison’s ‘The Vow’ on ABC Stations

Disney’s ABC might be on the lookout for an incursion Fox Nation. Promos for the new “The Vow,” an original dating series led by Chris Harrison, former host of the ABC mainstay “The Bachelor,” are slated to air in local ad inventory on several ABC stations in roughly a dozen markets, according to a person […]

Five times Trump has lashed out and berated ‘fake news media’

Harrods battles Mohamed Al-Fayed family for control of estate

Sunken village re-emerges from depths after summer of drought

Neil DeGrasse Tyson, Bill Nye & Dr. Mae Jemison Join Broadway’s ‘Galileo’ Musical As Co-Producers

EXCLUSIVE: Prominent members of the scientific community Neil deGrasse Tyson, Bill Nye and Dr. Mae Jemison have joined Broadway’s upcoming Galileo musical as co-producers, the show’s lead producers announced today. “Galileo’s story reminds us that scientific discovery begins with the courage to question what we think we already know,” said producers Amanda Lipitz, Henry Tisch, […]

Judge Orders Donald Trump to Testify Under Oath in $10 Billion BBC Defamation Case

President Donald Trump must sit for a deposition in his defamation lawsuit filed against the BBC, the judge overseeing the case ruled. “Engaging in discovery is burdensome, but is a burden we undertake, especially if we file a lawsuit,” Magistrate Judge Enjoliqué Aytch Lett, , said at a hearing in the case Thursday, as reported […]