Author: i2wtc
A day earlier, the commission had issued a short order directing a recount at 39 polling stations in PB-21 HubAli Hassan Zehri. Photo: file In a dramatic turn of events, the Election Commission of Pakistan (ECP) on Thursday issued a notification declaring Ali Hassan Zehri of the Pakistan Peoples Party (PPP) the returned candidate from Balochistan Assembly constituency PB-21 (Hub), just a day after ordering a recount for the seat. A day earlier, the commission had issued a short order directing a recount at 39 polling stations in PB-21 Hub. The majority decision was delivered by ECP member Nisar Ahmed…
Nvidia reported fiscal fourth-quarter results that comfortably topped Wall Street expectations on both revenue and earnings. Shares initially jumped in after-hours trading, but that enthusiasm faded, and the stock was lower Thursday. The pullback may emanate from comments made by CFO Colette Kress during the company’s earnings call regarding inventory levels. For several years, demand for Nvidia’s most advanced AI chips has exceeded supply. The company has struggled to produce enough to satisfy hyperscale customers such as Microsoft, Amazon, Meta, and Alphabet. That imbalance has enabled Nvidia to raise prices and expand gross margins. Kress said inventory rose 8% quarter…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P 500 fell on Thursday, weighed down by weakness in semiconductor stocks. Leading AI chipmaker Nvidia fell 4% despite a strong quarter . Gainers include software names such as Club holding Salesforce . Shares are up nearly 4% as investors rotate into the group, which has been beaten down in 2026 due to AI-driven disruption fears. Banks were another winner too. Capital One and Goldman Sachs advanced 1.5% and 1.2%, respectively.…
Spokesperson says India has failed to bring those involved in the attack on Samjhauta Express to justiceForeign Office Spokesperson Tahir Andrabi addresses the weekly media briefing on February 26, 2026. Photo: MoFA/X Foreign Office Spokesperson Tahir Andrabi on Thursday highlighted that the reaction from the Indian Ministry of External Affairs (MEA), following the recent terrorist attack in Balochistan, effectively corroborated Pakistan’s longstanding position regarding external involvement in destabilising activities. Speaking at a weekly media briefing, FO Spokesperson Tahir Hussain Andrabi said the remarks by India also followed a recent terrorist attack in Balochistan, which Pakistan says underscores India’s role in…
At least 30 Afghan Taliban killed as security forces thwart quadcopter attack on border postsA Pakistani soldier keeps vigil at the border fencing along with Afghanistan. PHOTO:AFP/FILE ISLAMABAD: Security forces responded decisively to unprovoked aggression by the Afghan Taliban along the Pakistan-Afghan border, security sources said on Thursday. The forces targeted Taliban positions across multiple sectors, including Chitral, Bajaur, Tirah (Khyber), Mohmand, and Arandu (Chakwal), inflicting heavy casualties and destroying enemy outposts. According to security sources, Pakistani forces struck Taliban check posts in the Chitral sector with precision, completely neutralising the positions. In Bajaur, two Taliban outposts were destroyed. Officials…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. With focus remaining on artificial intelligence’s potential to shake up various industries, I’ve decided to start a mental count of how many times I say or write variations of the term “AI disruption.”S&P 500 futures are little changed this morning. The three major indexes are coming off another winning day.Here are five key things investors need to know to start the trading day:1. Chips served hotNvidia founder and CEO Jensen Huang speaks during Nvidia Live at CES 2026 ahead of the annual Consumer Electronics Show in…
U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesCongressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President Donald Trump engages in a massive military buildup in the region. The resolution would limit Trump’s ability to conduct military action there.Reps. Ro Khanna, D-Calif., and Thomas Massie, R-Ky., have introduced a measure known as a war powers resolution that would compel the administration to seek congressional…
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBA Commissioner Adam Silver has a new pet project with grand ambitions — to reorganize European professional basketball with an NBA league at the top of the funnel. The NBA is full steam ahead with plans to create NBA Europe, a league with 10 to 12 permanent teams and four to six open spots, available to any FIBA-affiliated…
Omer Taha Cetin | Anadolu | Getty ImagesGoogle on Thursday rolled out Nano Banana 2, an update to its wildly popular artificial intelligence image generator.The company launched the first Nano Banana in August, and the service quickly went viral. Nano Banana Pro hit the market in November, built on Gemini 3 Pro.Google said in a blog post that Nano Banana 2 has advanced world knowledge, pulling real-time information from Gemini for more accurate renderings. The company also highlighted the new model’s increased speed, enhanced instruction following and more precise text renderings for “marketing mockups or greeting cards.”The company said Nano…
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025.Ole Berg-rusten | Afp | Getty ImagesNorway’s $2 trillion oil fund, one of the world’s biggest investors, said Thursday that it is now using AI to screen investments for potential reputational and ethical risks. Norges Bank Investment Management (NBIM) manages the fund, which was set up in the 1990s to invest revenues from Norway’s oil and gas industry. It’s an investor in more than 7,200 companies across 60 countries and has stakes…