India’s second nuclear-capable ballistic missile submarine joined its naval fleet late last month, a move the government says strengthens its nuclear deterrent as New Delhi casts a wary eye at both China and Pakistan. But India is still playing catch-up, at least compared with China, as the People’s Liberation Army…
A missile was launched from Yemen into central Israel on Sunday morning, according to the Israeli military, in a rare instance of a missile penetrating so far into the country’s territory since its war in Gaza began. The projectile crossed into Israeli territory and fell in an open area in…
Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch a few big trends and these profits will more than cover the expenses. Let’s look at signals and backtest results for the Cybersecurity ETF (CIBR). The…
Tech stocks rallied this week on the back of interest rate cut expectations in the US. Meanwhile, OpenAI released a new artificial intelligence (AI) model that’s rumored to be capable of advanced reasoning skills, and Apple’s (NASDAQ:AAPL) unveiling of its latest products failed to drum up investor enthusiasm. Elsewhere Bitcoin…
Boeing’s factory workers walked off the job early Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new labor contract. It’s a costly development for the manufacturer that has struggled to ramp up production and restore its reputation following safety crises. Workers in the Seattle area and in…
A single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire retardant overhead, according to a preliminary report on Friday from the National Transportation Safety Board. The crash, which occurred on California’s Interstate 80 west of Lake Tahoe, is being investigated…
Hamas leader Yahya Sinwar has written a rare letter to Hezbollah chief Hassan Nasrallah, according to the Lebanese militant group, in which he reaffirms his commitment to fighting Israel and supporting the Iran-backed alliance of regional militants known as the “Axis of Resistance.” Sinwar, Hamas’ political leader who is believed…
Award-winning Nigerian singer Adekunle Gold rose to international fame when his debut album “Gold” reached number seven on the Billboard World Charts. Since then, the 37-year-old has released four more albums, amassing hundreds of millions of streams worldwide. Behind the scenes, however, he has been quietly battling sickle cell disease,…
A military court in Congo handed down death sentences Friday to 37 people, including three Americans, after convicting them on charges of taking part in a coup attempt. The defendants, who also included a Briton, Belgian, Canadian and several Congolese, can appeal the verdict on charges that included terrorism, murder…
Hundreds of posters have appeared on billboards across Italy this summer, bearing the slogan: “Russia is not our enemy” and depicting a handshake in the colors of the Italian and Russian flags. Some, including those that appeared in Rome this week, also feature the words, “Enough money for weapons for…