Author: Press Room

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here.After a month or so in the doldrums as investors rode a wave of anxiety about the AI buildout, chip stocks have hit a real purple patch again in April.In March, Nasdaq’s PHLX Semiconductor Sector Index — comprising the 30 largest U.S.-traded chip companies — saw a 6.3% decrease. Last month, the narrative reversed, with the index soaring 35.2% since the start of April as of market close Wednesday as investors ploughed into the sector. Intel has been one of the standouts. The company had…

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Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down.Leslie Josephs/CNBCBALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first.”It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told CNBC at Baltimore/Washington International Thurgood Marshall Airport on Friday, shortly before he was scheduled to depart for New Orleans to visit his daughter and her newborn twins.”To tell you the truth, I just went online and Googled the cheapest airline ticket,” he said, adding that he paid about…

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Cherie DeVaux has made history as the first woman to train the winner of the Kentucky Derby, as Golden Tempo charged from the back of the pack and down the stretch to get to the finish line first in the biggest event in horse racing.DeVaux is just the second female trainer to win any Triple Crown race after Jena Antonucci won with Arcangelo in the 2023 Belmont Stakes. She won the 152nd Derby in her first opportunity, eight years since starting her own stable.Ridden by Jose Ortiz and with a crowd of more than 100,000 watching and roaring at Churchill…

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Major shake-up in Maine Senate Democratic primary Chief congressional correspondent Chad Pergram reports after Gov. Janet Mills drops out of the Maine Senate Democratic primary, leaving controversial candidate Graham Platner as the presumptive nominee. NEWYou can now listen to Fox News articles! Senate Republicans are eyeing the chance to go after Graham Platner now that Maine’s Senate race is locked in.Platner’s position as the Democratic nominee against Sen. Susan Collins, R-Maine, was all but cemented Thursday when Maine Gov. Janet Mills dropped out of the race over a lack of cash flow.Mills’ exit is two-pronged. It could signal that Senate…

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NEWYou can now listen to Fox News articles! An ongoing blockade at the Frederick Douglass Memorial Bridge in Washington, D.C., continues as an activist protesting the Iran war and artificial intelligence (AI) sits atop the Beltway thoroughfare.Guido Reichstadter, 45, a former jeweler and math and physics student, climbed the 168 feet up the bridge Friday night and plans on staying “until the war is ended,” he told Fox News Digital.Reichstadter previously climbed the same bridge in 2022, that time protesting the Supreme Court’s decision to overturn Roe v. Wade. This time he is protesting both the Iran war and the…

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XRP is trading near $1.38, a level that looks increasingly precarious. Now, is the current level a dip worth buying or the beginning of something uglier? XRP price sits 62% below its July 2025 all-time high of $3.65, and our analysis suggests that the current price is at a make-or-break point.Daily active wallet addresses on the XRP Ledger have dropped sharply, from 22,054 twelve months ago to just 13,684 as of late April. A 38% decline in active participation, and new wallet creation is slowing alongside it. XRP Active Wallets, CryptoquantTrading volumes on XRPL have compressed in tandem, suggesting the…

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