Today: 29 April 2026
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NYSE:ENGI 7 August 2025 - 20 September 2025

Trump’s Shock Attack on Offshore Wind – Permit Reversal Threatens Massive Massachusetts Wind Farm

Trump’s Shock Attack on Offshore Wind – Permit Reversal Threatens Massive Massachusetts Wind Farm

The Trump administration has moved to revoke the federal permit for the SouthCoast Wind project off Massachusetts, halting construction on 141 turbines set to power about 840,000 New England homes. The permit was approved in January 2025 after years of review. The decision has triggered sharp disputes between Trump allies and state officials over energy, jobs, and environmental impacts.
20 September 2025
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AI’s Big Bang: Breakthroughs, Billion‑Dollar Bets & Backlash (AI News Roundup Aug 6–7, 2025)

AI’s Big Bang: Breakthroughs, Billion‑Dollar Bets & Backlash (AI News Roundup Aug 6–7, 2025)

MIT and Duke used AI to design iron-based ferrocene polymers that absorb stress, cutting additive discovery time from weeks to days, published in ACS Central Science. Profluent Bio’s OpenCRISPR-1, the first CRISPR enzyme fully designed by AI, edited human cells with high precision and was open-sourced after publication in Nature. OpenAI released two open-weight language models, now available on AWS Bedrock. Google pledged $1 billion for AI training at over 100 universities.
7 August 2025
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Stock Market Today

  • Dollar Rallies on Strong US Economic Data Before FOMC Meeting
    April 29, 2026, 12:51 PM EDT. The U.S. dollar rose 0.24% supported by better-than-expected March housing starts and core capital goods orders, signaling economic resilience ahead of the Federal Open Market Committee (FOMC) meeting. Crude oil prices jumped 4%, pushing inflation expectations higher and reinforcing a hawkish outlook for U.S. monetary policy. Despite expectations the Fed will keep rates steady, geopolitical tensions in the Strait of Hormuz are driving safe-haven demand for the dollar. The euro weakened 0.19%, pressured by declining Eurozone economic confidence and weaker-than-forecast German consumer prices, while oil price gains add inflation risks for Europe. The yen hit a four-week low against the dollar amid these dynamics. Market odds suggest no Fed rate hike today, with expectations for rate cuts in 2026, contrasting with anticipated hikes by the European Central Bank and Bank of Japan.

Latest article

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

29 April 2026
Silicon Motion reported first-quarter revenue of $342.1 million, up 105% from a year earlier, and forecast second-quarter sales above Wall Street estimates. Shares rose $45.09 to $194.27 in New York trading. The company cited strong demand for embedded storage controllers and AI-related enterprise storage. CEO Wallace Kou said its MonTitan SSD controller platform will enter volume production this quarter.
Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

29 April 2026
Starbucks raised its fiscal 2026 outlook after global comparable store sales rose 6.2% in the second quarter, beating analyst estimates. Shares jumped about 10% to $107.03. North American operating margin fell to 9.9% from 11.6% due to higher labor and product costs. The company now expects at least 5% comparable sales growth for the year.
Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

29 April 2026
Teradyne shares fell 16% to $319.10 Wednesday after the chip-testing company forecast lower second-quarter revenue and profit, despite posting record first-quarter sales of $1.282 billion, up 87% from a year earlier. About 70% of revenue came from AI-related demand, but management warned of “lumpy growth” due to large customer programs.
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