Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs. Investors were already punishing Tesla on Tuesday, sending shares in the electric carmaker more than 4% lower in afternoon trading. The…
Parents of 1,200 children in the Australian state of Victoria are being advised to get them tested for infectious diseases after a childcare worker was charged with more than 70 offenses including sexual assault. Officials issued the call after Victoria Police announced the arrest of Joshua Dale Brown, 26, who…
Three people who were part of the senior leadership team at the hospital where nurse and convicted child serial killer Lucy Letby worked have been arrested on suspicion of gross negligence manslaughter, British police said Tuesday. The three senior staff members, who have not been named by police, worked at…
As Israeli Prime Minister Benjamin Netanyahu prepares for his third visit to the White House this year, his host has made his expectations clear. US President Donald Trump, who has spoken often about his desire to secure a ceasefire in Gaza, said on Tuesday: “We’re looking for it to happen…
The debris arrives in the rockets’ wake: melted plastics, aluminum and pieces of blue adhesive. It all ends up stranded on the sands of Bagdad beach in northern Tamaulipas, Mexico, home to an endangered species of sea turtle. Just across the border lies Starbase, SpaceX’s launchpad and company town. Since…
Their reunion? It’s smooth like butter. The K-pop septet BTS will return in spring 2026 with a new album and world tour. Members Jin, RM, V, Jimin, J-Hope, Jung Kook and Suga made the announcement Tuesday during a livestream on Weverse, an online fan platform owned by BTS management company…
Australian airline Qantas says a data hack on Monday exposed the personal information of six million customers and it expects the amount stolen to be “significant.” The hack penetrated a third-party customer service platform used by a Qantas contact center, the airline said in a statement on Wednesday. Six million…
The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China’s Communist Party over Tibet’s future. Tibetan Buddhism’s spiritual leader made the declaration on Wednesday in a video message to religious elders gathering…
The last day of trading for the first half of 2025 ended with a bang. The S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at record highs — an impressive finish, given the year has seen significant swings. We saw signs of investors rotating into technology stocks last week when…
S&P 500 earnings are in for 2025 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued…