Pulls

• India has dropped to seventh place in global market capitalization rankings, falling two positions in two weeks after previously slipping behind Taiwan. • South Korea has overtaken India, driven by a 107% surge in the KOSPI index fueled by chipmakers Samsung Electronics and SK Hynix. • The shift highlights a growing divide in emerging markets, where Taiwan and South Korea are capturing the AI-driven investment boom while India struggles to benefit from semiconductor demand.

• Multiple stars have withdrawn from the Great American State Fair, a Trump-aligned celebration intended to commemorate the 250th anniversary of the United States. • The departures have sparked significant backlash and "meltdowns" within the MAGA community, with some critics questioning why performers cannot associate with those of differing political views. • This trend highlights the deepening political polarization surrounding high-profile cultural events and the difficulty of securing non-partisan entertainment for partisan celebrations.

Chief minister Aminuddin Harun says he would continue in his post for now, even though he no longer enjoys majority support in the 36-seat state assembly in light of UMNO’s move over his handling of a crisis involving the state’s monarchy.

• The First Trust NASDAQ Cybersecurity ETF (CIBR) experienced a pullback in recent trading sessions amid market volatility. • Investors assess buy-the-dip opportunities as the ETF tracks key US cybersecurity firms. • RAD Intel, a holding, scaled from $10 million to over $220 million valuation since acquiring its AI engine in 2021, achieving 5,400% growth.

Artificial intelligence company cites high energy costs and regulation as reasons for putting Stargate project on holdOpenAI has put plans for a landmark project to strengthen the UK’s AI capabilities on hold, citing high energy costs and regulation.Stargate UK was a part of the landmark UK-US AI deal announced last September, in which US companies appeared to commit £31bn to the UK’s tech sector, part of a larger series of investments intended to “mainline AI” into the British economy. Continue reading...

Dozens of videos have gone viral on TikTok and Instagram showing harassment of Palestinians and activistsTikTok has removed an account belonging to an ultranationalist, pro-settlement Israeli influencer for breaching hate speech and bullying rules after the Guardian flagged videos showing him harassing activists in the occupied West Bank.The Guardian has reviewed dozens of videos posted by various social media figures that have gone viral on TikTok and Instagram documenting the harassment of Palestinians as well as physical attacks on Israeli and international activists. Continue reading...