Author: Press Room

Nvidia reported strong fiscal first-quarter earnings on Wednesday.Wall Street was pleased with Nvidia’s continued sales growth, which hit 69% during the quarter. The company’s data center division continues to surge as companies, countries and cloud providers snap up Nvidia graphics processing units, or GPUs, for artificial intelligence software.”The team continues to maintain a 1- 2 step lead ahead of competitors with its silicon/hardware/software platforms and a strong ecosystem, and the team is further distancing itself with its aggressive cadence of new product launches and more product segmentation over time,” wrote JPMorgan analyst Harlan Sur.Here are three big takeaways from the…

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The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on “Face the Nation with Margaret Brennan” on June 1, 2025.MARGARET BRENNAN: Good morning and welcome to ‘Face the Nation.’ We begin today with Treasury Secretary Scott Bessent. Good morning and thank you for being here. SECRETARY SCOTT BESSENT: Morning, Margaret. MARGARET BRENNAN: There’s so much to get to. I want to start with China, because the Defense Secretary just said there’s an imminent military threat from China to Taiwan. Days earlier, Secretary Rubio said he’d aggressively revoked Chinese student visas. On top of that, you have…

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Canada’s premiers are heading into to a meeting with Prime Minister Mark Carney in Saskatoon Monday armed with their wish lists for major “nation-building” projects that could buttress the economy in the face of a U.S. trade war. Carney asked the premiers to each pass on five suggestions for national infrastructure projects, and Monday’s meeting will aim to identify the ones that will make the final cut to be fast tracked using legislation Ottawa may introduce as early as this week.The conversation is taking place against the backdrop of an ongoing trade war with the United States, renewed debate about…

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Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts’ conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi’s earnings are still a fraction of Apple’s . But the Chinese company has a larger smartphone market share in China , and has built an electric vehicle business, while the iPhone maker dropped its car plans . Apple in recent months has also come under pressure from the Trump administration over its overseas supply chain. Apple shares are down 20% year-to-date to around $200. Xiaomi’s have gained more than 45%…

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The Shire of Derby/West Kimberley is urging landowners to complete fire breaks and reduce fuel hazards on their properties by June 30, as the region braces for bushfire season.All property owners and occupiers are required to maintain fire prevention measures through to December 31, including clearing fire breaks and reducing vegetation that could pose a risk during high temperatures and dry conditions.Failure to comply could result in fines of up to $5000, or an on-the-spot penalty of $250.The shire may also charge landowners the cost of any work it carries out on non-compliant properties.Authorised shire officers have the right to…

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Kano governor declares day of mourning after athletes representing the state at a national sports event are killed.A bus crash in Nigeria’s northern state of Kano has killed 22 athletes returning home from a national sports event, according to the local governor. The bus, which was reportedly carrying more than 30 passengers, plunged off the Chiromawa Bridge on the Kano-Zaria expressway on Saturday, Kano Governor Abba Kabir Yusuf told The Associated Press news agency. The exact cause of the accident was not known, but the Federal Road Safety Corps (FRSC) said it “might have occurred as a result of fatigue…

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President Donald Trump shared a post on social media this weekend claiming that President Joe Biden died in 2020 and was replaced with clones.Trump shared a link to the post from his personal account on Truth Social on Saturday. The post originated from a small account on the platform responding to discussions about Biden’s health.”There is no Joe Biden – executed in 2020,” the post says. “Biden clones, doubles and robotic engineered soulless, mindless entities are what you see.””Democrats don’t know the difference,” it adds, before listing a litany of hashtags.POLITICAL WORLD REACTS TO FORMER PRESIDENT BIDEN’S ‘AGGRESSIVE’ CANCER DIAGNOSIS:…

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More people in northern Manitoba were told to leave their homes Saturday and Saskatchewan’s premier warned the number of evacuees in his province will likely climb as wildfires continued to threaten communities and send thick smoke into the air. The roughly 600 residents of Cranberry Portage in northwestern Manitoba were placed under a mandatory evacuation order because fire had knocked out power to the community — a situation expected to last for days.People in a few smaller communities nearby were put on a two-hour evacuation notice after a fire jumped across a highway.“Please start getting ready and making plans to…

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West Coast coach Andrew McQualter has praised Harley Reid’s maturity to push through a heavy tag which Geelong counterpart Chris Scott labelled a “mark of respect”.Reid was tailed for most of the night by Cats stopper Oisin Mullin, but still managed to have an impact in the 17.14 (116) to 11.7 (73) loss at Optus Stadium on Sunday night.After a quiet first term which wielded only four disposals, Reid threatened to tear the game away from Geelong in a blistering second quarter that featured seven disposals and a team-lifting goal.The No.1 draftee finished with 19 disposals, seven clearances and a…

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