AI Stocks Lose $2.7 Trillion in Market Value as Investors Sell Off Chipmakers

Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) on Thursday, July 16

The AI trade is hitting a wall of reality. After months of unchecked optimism, investors are suddenly questioning whether the hundreds of billions of dollars flowing into data centers will ever actually materialize as high-margin revenue. This shift in sentiment triggered a fear-driven semiconductor sell-off that erased $2.7 trillion in market capitalization from some of … Read more

NYC Mayor Zohran Mamdani Announces Municipal Grocery Stores With 30% Discounts

New York City Mayor Zohran Kwame Mamdani announced a pricing and operational plan for a network of municipal grocery stores, promising a 30% discount on a core basket of basic items according to ABC7 New York. The administration’s initiative aims to fulfill a campaign promise by establishing five city-run food stores, featuring one location in … Read more

Premier League Approves Trial Rule Penalizing Goalkeeper Timeouts With Outfield Player Removal

Gianluigi Donnarumma of Manchester City receives medical treatment during the Premier League match against Leeds United

Under the new rules agreed by the FA, Premier League, EFL, National League, and WSL with IFAB permission, teams must remove an outfield player for one minute if a goalkeeper receives on-field treatment. The 10-Second Rule and Outfield Player Penalties The new protocol tackles a tactic that has grown increasingly controversial across top-flight fixtures. When … Read more

Bill Oddie, The Goodies Co-Creator and Springwatch Presenter, Dies Aged 85

Bill Oddie, the celebrated British birder, comedian, and broadcaster who co-created the anarchic sketch comedy The Goodies and later brought the natural world to millions of homes as a co-host of Springwatch, has died at the age of 85. The death of Bill Oddie marks the passing of an idiosyncratic cultural figure whose professional life … Read more

Ferdinand Marcos Jr. Defends 2016 South China Sea Ruling

Philippine President Ferdinand Marcos Jr. used his state of the nation speech to vow that his government will defend a 2016 arbitration ruling invalidating Beijing’s South China Sea claims. Marcos declared that Filipinos do not yield to conquerors, following a diplomatic dispute over AI-generated images published by state-owned Chinese media. Philippine President Defends 2016 South … Read more

Macron Calls France Wildfires Most Severe Since World War II as Thousands Flee

法國波爾多郊外馬爾謝普里姆(Marcheprime)附近26日野火肆虐,一名消防員走過燃燒的樹木。美聯社

French President Emmanuel Macron has described raging wildfires in the Gironde region as the most severe since World War II. As approximately hundreds of thousands of people evacuate in France and over a hundred thousand flee west of Madrid, officials warn that a new heat wave threatens to worsen the crisis. Unprecedented Wildfires Threaten Bordeaux … Read more

Yankees Pursue Elite Pitching Targets as Trade Deadline Nears

As the August 3, 2026 trade deadline approaches, Major League Baseball contenders are aggressively positioning their rosters. San Francisco Giants infielder Luis Arraez and Mets pitcher Freddy Peralta emerge as top trade candidates, while the New York Yankees pursue elite pitching targets amid injuries to Aaron Judge and Cody Bellinger. Luis Arraez and Freddy Peralta … Read more

Chang’e-6 Lunar Samples Challenge Late Heavy Bombardment Theory

New analyses of these rocks, published July 23, 2026, reveal a gradual decline in asteroid impacts rather than a sudden cataclysm, challenging the Late Heavy Bombardment theory. Decades of planetary science rested on a neat, dramatic timeline: a sudden spike of asteroid violence that battered the solar system roughly 3.9 billion years ago. That hypothesis, … Read more