In Taybeh, one of the few Palestinian communities with a Christian majority in the occupied West Bank, fears are growing that Israeli occupier attacks on farmland and property could push more families to emigrate, threatening the town’s demographic character and historic Christian presence. Local officials and clergy warned of the impact of rising violence by Israeli occupiers, which has coincided with worsening living and economic conditions in the town. Taybeh, east of Ramallah, is one of the few Palestinian towns in the West Bank that still has a Christian majority, according to church and local accounts. Residents say the town’s Christian roots go back thousands of years. Residents say the attacks have deepened fears in the town, even as they stress their determination to remain on their land. Also Read: Pakistan raises red flag over illegal settlements in West Bank, calls for Israel accountability In recent years, Israeli occupiers have established several ill...
Alphabet closed in on a $4 trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an artificial intelligence-driven rally. Shares of the company rose more than 5% to hit a record high of $315.9, giving it a market capitalization of $3.82 trillion. The stock has climbed nearly 70% so far this year, far outperforming AI rivals Microsoft, and Amazon.com. Nvidia, Microsoft, and Apple, have previously hit a $4 trillion valuation. Only Nvidia and Apple remain on the list. The surge reflects a striking reversal in sentiment toward Alphabet after some investors feared the company had lost its AI edge to OpenAI after the 2022 launch of ChatGPT, even though it invented much of the underlying technology behind generative AI. Read More: AI in Action: Aga Khan University Explores the Future of Work and Human-AI Synergy Alphabet has regained momentum this year by turning its cloud business, once an also-ran, into a key growth driver, drawing in Warren Buffett's Berkshire Hathaway as an investor and winning strong early reviews for its new Gemini 3 model. Steve Sosnick, chief market analyst at Interactive Brokers, said Berkshire's stake has been a key draw for investors. "Even though it's doubtful Warren Buffett had any role in this purchase ... the market is still in the mindset of anything Berkshire does is worth emulating and to be fair, that's worked for a long time," Sosnick said. Google shares have also rallied as Big Tech emerged in recent months largely unscathed from the bipartisan antitrust push that began in U.S. President Donald Trump's first term. The company sidestepped a forced sale of its Chrome browser after a court found its search business to be an illegal monopoly but stopped short of ordering a breakup. Still, the milestone may fan fears about surging valuations that some business leaders warn have detached market movements from business fundamentals, sparking worries of a bubble reminiscent of the dot-com boom of the 1990s. A wave of circular deals involving OpenAI and Nvidia - two of the companies at the heart of the AI boom - have also amplified the fears. Still, analysts said Google is well-positioned in the AI race, thanks to its strong cash flow, in-house chips that serve as an alternative to Nvidia's pricey processors and a sprawling internet search business that is already benefiting from AI integration.
from Latest World News, International News | Breaking World News https://ift.tt/W5cDAzm
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