Articles about Casts

Israel and Hezbollah continue to trade strikes as Trump tells US media he has asked Netanyahu to be more ‘low-key’ in Lebanon. Follow live newsNetanyahu says there is no ceasefire in Lebanon as Israel launches fresh strikesJapan plans to release 20 days’ worth of oil reserves from May, prime minister Sanae Takaichi told a cabinet meeting on Friday, to ensure stable domestic supply as conflict in the region continues disrupts global supply.Japan is dependent on the Middle East for around 95% of its oil. It began releasing reserves on March 16 unilaterally and in coordination with other nations under a plan to make available enough oil to last 50 days. The new release of 20 days worth is additional. Continue reading...

• Nvidia CEO Jensen Huang announced at GTC 2026 that demand for the company's products will reach $1 trillion through 2027, with fulfillment only possible by 2028. • The revelation underscores explosive growth in AI hardware needs, driven by data center expansions and model training. • Nvidia also released NemoClaw, an open-source stack enhancing privacy and security for the popular OpenClaw AI agent.

• Nvidia CEO Jensen Huang announced expectations of at least $1 trillion in demand for its Blackwell and Rubin AI systems through 2027, doubling from $500 billion projected through 2026. • This projection signals over 100% annual sales growth for Nvidia amid booming data center demand. • The forecast underscores AI's role in driving U.S. tech sector expansion and GDP growth, with analysts citing non-inflationary productivity gains.

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflationGet our breaking news email, free app or daily news podcastThe world economy is on the brink of a major inflationary spike as soaring fuel prices threaten growth in European and Asian nations, the OECD has warned, and local economists are slashing Australia’s growth prospects for this year and the next amid the ongoing US-Israel attack on Iran.The Organisation for Economic Cooperation and Development’s latest interim outlook said the US-Israel war on Iran will “test the resilience of the global economy”, and warned of the “significant downside risk” to their forecasts should the oil supply disruptions prove more persistent and push energy prices even higher. Continue reading...

• CompTIA's State of the Tech Workforce 2026 report, released March 24, predicts net U.S. tech employment growth of 1.9%, creating 185,499 new jobs to reach nearly 9.8 million workers. • Texas leads with 32,238 jobs added, followed by California (16,949), Florida (14,453), and New York (13,566); all states expect gains. • High-growth roles include data scientists (420% over 10 years), cybersecurity analysts (346%), and software developers (188%), driven by AI impact.

• AI is expected to drive data center power consumption up 175% by 2030, creating unprecedented grid shortages that have pushed electricity prices higher across the country and compelled tech companies to seek alternative power sources. • Google's deal to power a new Minnesota data center blends wind and solar with a 30 gigawatt-hour battery from Form Energy, while the U.S. is expected to have nearly 65 gigawatts of battery storage capacity by year-end. • Dozens of startups including Amperesand, DG Matrix, Heron Power, Camus, GridBeyond, and Texture are developing power conversion and grid management technologies to address the critical energy shortage.

• NVIDIA CEO Jensen Huang announced at GTC in San Jose a forecast of $1 trillion in sales from Blackwell and Rubin chips by late 2027, doubling the prior $500 billion estimate through 2026. • The company unveiled a new inference system generating 700 million tokens per second, 350 times faster than the Hopper generation, to counter custom chips from competitors like Google. • NVIDIA's DRIVE platform for robotaxis, valued at $1.2 trillion by Morgan Stanley, is adopted by Uber and BYD, with Uber's fleet launching in 2028; data center revenue hit $192 billion last year, up 66%.

• Apple is projected to generate more than $1 billion in AI-related revenue this year, even as it trails rivals in generative AI product launches, according to The Wall Street Journal. • Wall Street analysts focus on Apple's monetization strategy leveraging its services ecosystem and premium hardware rather than first-to-market demos. • This approach highlights how distribution and installed base can drive consumer AI profitability over raw model capabilities.

Brendan Carr posts that he may cancel spectrum permits of ‘mainstream news’ outlets for ‘misleading’ coverageThe Trump administration’s communications licensing tsar fired a warning shot over the US broadcasting industry Saturday, threatening to cancel the spectrum permits of broadcasters pushing what he termed “hoaxes and news distortions”.Federal Communications Commission (FCC) chair Brendan Carr posted on social media that broadcasters running “fake news – have a chance now to correct course before their license renewals come up. The law is clear. Broadcasters must operate in the public interest, and they will lose their licenses if they do not.” Continue reading...

Goldman Sachs increased its 12-month US recession probability to 25% from 20% and pushed back expected Federal Reserve rate cuts from earlier timelines to September and December. This adjustment reflects growing caution amid recent market volatility and economic data, with major indices like the S&P 500 down only 8% from highs but signaling broader concerns. The change aligns with rising odds of just one or no rate cuts at 40% each, driven by oil price pressures. Markets await further indicators next week for policy shifts.

Adobe shares fell 5.4% on March 13, 2026, even after exceeding Wall Street's sales and profit estimates for the quarter. Investors reacted negatively to the software maker's forecast for recurring subscription revenue, which underwhelmed expectations amid competitive pressures in creative software. The drop underscores concerns over growth sustainability in tech amid macroeconomic headwinds. Adobe's outlook may influence sentiment for other SaaS companies reporting soon.