News chronological

YOUTUBE (CNN) - Reactions from the lake Trump wants to call 'America' Fri Aug 28 09:51:34 2026

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After President Donald Trump signed an executive order to rename Lake Ontario to "Lake America," residents and tourists in the area gave their thoughts on the change amid Canada and US trade talks falling apart last week. #CNN #news

AXIOS (Barak Ravid) - "That sucker is open": U.S. gains the upper hand in the battle for Hormuz Fri Aug 28 09:44:04 2026

The Strait of Hormuz has been Iran's most powerful card since the start of the war in late February. But over the past two months, U.S. officials say the American military has steadily eroded Iran's leverage over the crucial waterway. Why it matters: What began six months ago with the goal of degrading Iran's missile capabilities and destroying what remained of its nuclear program has evolved into an open-ended fight over the world's most important energy chokepoint. - U.S. officials say they've turned the tide in the strait and believe it could be a watershed moment in the war that brings not only gradual relief to the world economy, but also a better deal with Iran. - "That sucker is open. The Iranian response is very mild. They…

The Strait of Hormuz has been Iran's most powerful card since the start of the war in late February. But over the past two months, U.S. officials say the American military has steadily eroded Iran's leverage over the crucial waterway. Why it matters: What began six months ago with the goal of degrading Iran's missile capabilities and destroying what remained of its nuclear program has evolved into an open-ended fight over the world's most important energy chokepoint. - U.S. officials say they've turned the tide in the strait and believe it could be a watershed moment in the war that brings not only gradual relief to the world economy, but also a better deal with Iran. - "That sucker is open. The Iranian response is very mild. They…Open

AXIOS (Madison Mills) - Nvidia almighty: Chip riches flood through AI universe Fri Aug 28 09:44:03 2026

Data: S&P Capital IQ Pro; Chart: Erin Davis/Axios Visuals Nvidia made billions selling AI's essential ingredient: chips. - Now it's plowing those riches straight back into the AI ecosystem, betting on a buildout that craves ever more compute. Why it matters: Nvidia has become the AI industry's supplier, banker and kingmaker, feeding a self-reinforcing cycle in which chip profits finance the next wave of chip demand. State of play: Already the world's most valuable company, Nvidia is now worth more than five of the 11 sectors that make up the S&P 500. - The chipmaker reported nearly $60 billion in quarterly profit Wednesday, prompting The Kobeissi Letter to call the results "the most impressive earnings in history." - Nvidia believes…

Data: S&P Capital IQ Pro; Chart: Erin Davis/Axios Visuals Nvidia made billions selling AI's essential ingredient: chips. - Now it's plowing those riches straight back into the AI ecosystem, betting on a buildout that craves ever more compute. Why it matters: Nvidia has become the AI industry's supplier, banker and kingmaker, feeding a self-reinforcing cycle in which chip profits finance the next wave of chip demand. State of play: Already the world's most valuable company, Nvidia is now worth more than five of the 11 sectors that make up the S&P 500. - The chipmaker reported nearly $60 billion in quarterly profit Wednesday, prompting The Kobeissi Letter to call the results "the most impressive earnings in history." - Nvidia believes…Open

AXIOS (Ashley Gold) - The EU AI Act gets real Fri Aug 28 09:44:03 2026

Europe's landmark AI law has moved from an idea to enforcement. Why it matters: Brussels will soon learn whether it can turn its sweeping AI rulebook into regulation that companies can actually follow—and if it can become a global benchmark for AI standards. Driving the news: A major enforcement deadline arrived Aug. 2 . - Most notably, new transparency and disclosure requirements are in effect for chatbots and AI-generated content. - Europe's AI Office has not gone after any companies covered under the law for misconduct yet, but it can now request information from companies or ask for access to models. What they're saying: "This is a messy piece of legislation," Patrick Van Eecke, a partner at Cooley in Brussels who advises…

Europe's landmark AI law has moved from an idea to enforcement. Why it matters: Brussels will soon learn whether it can turn its sweeping AI rulebook into regulation that companies can actually follow—and if it can become a global benchmark for AI standards. Driving the news: A major enforcement deadline arrived Aug. 2 . - Most notably, new transparency and disclosure requirements are in effect for chatbots and AI-generated content. - Europe's AI Office has not gone after any companies covered under the law for misconduct yet, but it can now request information from companies or ask for access to models. What they're saying: "This is a messy piece of legislation," Patrick Van Eecke, a partner at Cooley in Brussels who advises…Open