Why Wall Street Is Fixated on Nvidia—and Why It Matters

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Aug 30, 2025 — New York: Nvidia’s latest earnings overshadowed even high-stakes policy drama this week, sharpening Wall Street’s focus on a single company that now represents roughly 8% of the S&P 500 and about $4 trillion in market value—fueling both remarkable gains and mounting concern about AI-led market concentration. Key Takeaways Nvidia’s market value … Read more

US Ends Waivers for Samsung, SK Hynix in China, Requiring Licenses

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On Aug. 30, 2025, the U.S. Commerce Department moved to revoke prior authorizations that let Samsung and SK Hynix ship American chipmaking equipment to their factories in China, meaning both companies will soon need case-by-case licenses—tightening export controls and potentially straining U.S.–South Korea trade ties. Key Takeaways The Commerce Department will rescind authorizations that allowed … Read more

Houthis Say PM Ahmed al-Rahawi Killed in Israeli Strike

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The Houthi-run government in Yemen said on Saturday that its prime minister, Ahmed al-Rahawi, was killed in an Israeli airstrike that struck Sana on Thursday afternoon, making him the highest-ranking Houthi official reported dead in the conflict to date. The group signaled its campaign of missile and drone launches would continue despite the loss. Key … Read more

Guillermo del Toro says his ‘Frankenstein’ isn’t an AI metaphor: he fears “natural stupidity,” not machines

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On Aug. 30, 2025, filmmaker Guillermo del Toro clarified that his upcoming take on Frankenstein is not intended as an allegory for artificial intelligence, adding that he is less worried about AI than about “natural stupidity,” according to trade coverage. Key takeaways Del Toro said his Frankenstein should not be read as a metaphor for … Read more

JWST Spots Unusual Planet-Forming Disk Around Infant Star

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August 29, 2025 — Using the James Webb Space Telescope, the XUE collaboration has identified an atypical protoplanetary disk around the young star XUE 10 in NGC 6357, about 5,550 light-years away; the disk shows unusually high carbon dioxide and very low water in the planet-forming zone, a composition that challenges standard models of disk … Read more

Iranians Brace as UN ‘Snapback’ Sanctions Loom, Weigh Hardship vs War

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Lead: On 30 August 2025 in Tehran, residents and officials faced a sharply divided choice as the UK, France and Germany moved to trigger a UN ‘snapback’ of sanctions that could resume within roughly 30 days, raising fears of deep economic pain even as some prefer confrontation to perceived foreign pressure after a recent 12‑day … Read more

Zelenskiy Seeks Higher-Level Talks and Security Guarantees Next Week

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Aug. 29, 2025 — Ukrainian President Volodymyr Zelenskiy said he wants higher-level talks and concrete security guarantees to take place next week, signaling a push for stronger international commitments amid ongoing war-related diplomacy. Key Takeaways Zelenskiy publicly requested higher-level negotiations and security guarantees on Aug. 29, 2025. The announcement signals urgency in Kyiv’s diplomatic efforts … Read more

Spirit Airlines Files for Bankruptcy Again, Citing Weak Leisure Demand

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Aug. 29, 2025 — Spirit Airlines said it filed for Chapter 11 bankruptcy protection again, months after emerging from a reorganization in March; the carrier said it will continue normal operations while it restructures and works to shore up liquidity. Key Takeaways Spirit filed for Chapter 11 on Aug. 29, 2025, marking its second bankruptcy … Read more

US Blocks Mahmoud Abbas From UN Meeting on Palestinian State Recognition

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US Blocks Mahmoud Abbas From UN Meeting on Palestinian State Recognition The United States prevented Palestinian president Mahmoud Abbas from taking part in a United Nations meeting intended to address recognition of a Palestinian state, according to the Financial Times. The shared source did not include precise timing, location details or an official US rationale. … Read more

U.S. Denies Palestinian Authority Visa for UN General Assembly Visit

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August 29, 2025 — U.S. officials denied a visa to a Palestinian Authority delegation seeking to attend the United Nations General Assembly in New York, preventing the group from making an in-person appearance at the annual gathering. Key Takeaways The U.S. denied a visa on August 29, 2025, to a Palestinian Authority delegation headed to … Read more

CVS Requires Prescriptions for Updated COVID-19 Vaccines in New York

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Lead: On Aug. 29, 2025, CVS announced that customers in New York and 13 other states will need an authorized prescriber’s prescription to receive the FDA-authorized updated COVID-19 vaccines at CVS pharmacies while federal advisers review recommendations; the vaccines are expected to arrive at stores in the coming days. Key Takeaways CVS will require prescriptions … Read more

College Football Picks and Predictions for Friday, Aug. 29

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Action Network analysts released picks and betting guidance for college football matchups scheduled for Friday, Aug. 29. Across several season-opening or early nonconference games at campus sites nationwide, the coverage highlights established favorites, a few underdog value plays, and key wagering angles to monitor before kickoff. Key Takeaways Action Network published a slate of expert … Read more

U.S. revokes visas of Palestinian President Mahmoud Abbas, 80 officials

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Aug. 29, 2025 — The U.S. government announced that Secretary of State Marco Rubio revoked the visas of Palestinian President Mahmoud Abbas and about 80 other Palestinian Authority officials ahead of next month’s U.N. General Assembly in New York, while waivers were granted for mission staff based at the U.N. Key Takeaways On Aug. 29, … Read more