Global financial markets faced turbulence on Tuesday as a steep decline in artificial intelligence and technology stocks shifted investor focus from geopolitical issues to the sustainability of the AI-driven market surge. At the opening bell, the Nasdaq Composite, known for its tech-heavy composition, dropped by 2%. The S&P 500 and Dow Jones Industrial Average also experienced declines. Despite the downturn, these major U.S. indices...
In a significant move aimed at bolstering domestic energy capabilities, US President Donald Trump is poised to unveil a sweeping nuclear energy initiative, allocating $17.5 billion in low-interest federal loans to facilitate the deployment of Westinghouse AP1000 nuclear reactors throughout the country. This funding, sourced from the US Department of Energy, is earmarked for acquiring essential equipment for up to ten AP1000 reactors, distributed...
