'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat

Helicopters And Poison? 32 Charged In $20M Mount Everest Rescue Scam Nepal’s Central Investigation Bureau investigates a large-scale insurance fraud operation in the Himalayan trekking sector. Authorities charge 32 individuals - including trekking company operators, guides, helicopter rescue coordinators, hospital owners, and doctors - with organized crime and fraud. The scheme allegedly triggers unnecessary and expensive helicopter evacuations that insurers foot the bill for. According to The Independent, the probe focuses on activities between 2022 and 2025 across popular routes that include the path to Everest Base Camp, Annapurna, Manaslu, and...

Nvidia Unchanged Despite Big Earnings Beat And Solid Guidance As we discussed extensively in our preview, besides the Q1 revenue and guidance ($82BN+ and $90BN whisper respectively), Wall Street was expecting to get more color on the following topics during today's call and Q&A: Potential for increased shareholder cash returns, Vera Rubin ramp timing (2H 26E), Gross margin durability (~75% amidst continued memory/other cost inflation), Update to the $1 Trillion 25-27 forecast, esp. contribution from LPU racks, CPU and Vera Rubin Ultra, not included before Potential upside from agentic AI to the server CPU...