Author: i2wtc
Pakistan Tehreek-e-Insaf has announced a nationwide protest on August 5 to demand the release of their imprisoned leader and former prime minister Imran Khan, and dozens of party activists convicted under anti-terrorism laws. Party spokespersons have framed the rallies as a fight for “justice, not confrontation,” accusing the establishment of orchestrating politically motivated trials to sideline PTI from future elections The party’s central vote banks in Khyber-Pakhtunkhwa and Punjab have historically turned out in massive numbers, most notably during the no confidence demonstrations of April 2022 and “fill the jails” campaign launched in Feb 2023. Yet this year, state measures like curfews…
Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance.Shares rallied more than 5%.Here’s how the company did versus LSEG estimates:Earnings per share: 16 cents adj. vs. 14 cents expectedRevenue: $1.00 billion vs. $940 million expectedThe artificial intelligence software provider’s revenues grew 48% during the period. Analysts hadn’t expected the $1 billion revenue benchmark from the Denver-based company until the fourth quarter of this year.”The growth rate of our business has accelerated radically, after years of investment on our part and derision by some,” wrote CEO Alex Karp in…
EUGENE: Olympic champions Sydney McLaughlin-Levrone and Masai Russell produced convincing wins at the US trials in Oregon to punch their tickets to the athletics World Championships on Saturday. McLaughlin-Levrone, the two-time Olympic 400m hurdles champion and golden girl of American track, stormed to victory in the 400m flat as she targets a new world title at Tokyo in September. Russell, the Olympic 100m hurdles champion, was similarly impressive, with a flawless performance delivering victory in 12.22secs at Eugene’s Hayward Field. But while Paris Olympics gold medallists McLaughlin-Levrone and Russell delivered, there was an upset in the men’s 1,500m, where Olympic…
The Tehreek Tahaffuz-e-Ain has written to Chief Justice of Pakistan (CJP) Yahya Afridi, urging him to take suo motu notice of an alleged sugar industry scandal in which mills reportedly profited by Rs300 billion due to recent price fluctuations. In a letter addressed to the CJP, Vice Chairman Mustafa Nawaz Khokhar called for the formation of a commission under Article 184(3) of the Constitution to investigate suspected policy manipulation and regulatory failures. Khokhar requested that the issue be urgently referred to a three-member committee or that the letter be treated as a formal petition to initiate judicial proceedings. “The future…
SINGAPORE: Summer McIntosh capped a brilliant world championship with the 400 metres individual medley (IM) title and a fourth individual gold medal while Leon Marchand roared to victory in the men’s event in Singapore on Sunday. World record holder McIntosh blitzed the field in the 400 IM with a time of 4:25.78, more than seven seconds ahead of joint silver medallists Jenna Forrester of Australia and Japan’s Mio Narita. The US set a world record in the women’s 4×100 medley relay to claim the final title and ensure they topped the medals table with nine golds, one ahead of Australia.…
Listen to article ISLAMABAD: Pakistan on Monday unequivocally condemned the recent storming of the Al-Aqsa Mosque by Israeli ministers, accompanied by settler groups and shielded by Israeli police. “This sacrilege against one of Islam’s holiest sites is not only an affront to the faith of over a billion Muslims, but also a direct assault on international law and the collective conscience of humanity,” Prime Minister Shehbaz Sharif wrote on his X timeline. Pakistan unequivocally condemns, the recent act of storming of the Al-Aqsa Mosque by Israeli ministers, accompanied by settler groups and shielded by Israeli police.This sacrilege against one of Islam’s holiest…
The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty ImagesAmazon is laying off roughly 110 employees in its Wondery podcast division and the head of the group is leaving as part of a broader reshuffling of the company’s audio unit.In a Monday note to staffers, Steve Boom, Amazon’s vice president of audio, Twitch and games, said the company is consolidating some Wondery units under its Audible audiobook and podcasting division. Wondery CEO Jen Sargent is also…
BIRMINGHAM: Former captain A.B. de Villiers’ superb century helped South Africa outplay Pakistan by nine wickets in the final of the World Championship of Legends (WCL) here at Edgbaston on Saturday. Chasing a tough-looking 196, South Africa raced to their target in just 16.5 overs for the loss of only one wicket thanks to A.B. de Villiers’ swashbuckling unbeaten knock of 120 off just 60 balls. Hashim Amla (18) opened the innings alongside De Villiers who struck 12 fours and seven sixes in his breathtaking innings. He added 125 runs in an unbeaten partnership with J.P. Duminy (50 not out…
Listen to article KARACHI: The Pakistan Stock Exchange (PSX) closed on a high note on Monday as the benchmark KSE-100 index gained 1,018 points to hit a record high of 142,053 by the day’s end. The rally was driven by strong investor sentiment surrounding Rs7.7 billion worth of term finance certificate (TFC) payment to Oil and Gas Development Company (OGDC) and optimism about the upcoming cement companies’ financial results. In its market review, Topline Securities remarked that the KSE-100 index ended the session with a surge of 1,018 points, or 0.72%, at 142,052.65 – its highest closing level to date. The rally…
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.Michael Nagle | Bloomberg | Getty ImagesFigma shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50…