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The Latest Breaking News from International Business Times

Navitas Semiconductor Stock Explodes 19% in Early Trading on AI Power Momentum

Shares of Navitas Semiconductor Corp. skyrocketed more than 18% in early trading Tuesday, surging to $15.66 as investors piled into the gallium nitride and silicon carbide power chip specialist amid growing optimism over its role supplying high-efficiency solutions for artificial intelligence data centers and next-generation energy infrastructure.

International Business Times

Avis Budget Group Stock Explodes 15% on Massive Short Squeeze Frenzy Amid Travel Demand

Avis Budget Group Inc. shares continued their meteoric rise Tuesday, surging more than 15% in early trading to $700.51 as one of the most intense short squeezes in recent memory showed no signs of easing, with short interest exceeding 50% of the float and hedge funds scrambling to cover positions.

International Business Times

GameStop Stock Edges Higher as Power Packs Digital Card Launch Gains Traction

GameStop Corp. shares rose modestly in early trading Tuesday, climbing to $25.21 as the video game retailer continued to draw attention following its recent launch of Power Packs, a digital trading card platform that lets collectors buy packs to unlock real PSA-graded physical cards stored securely in a vault.

International Business Times

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Valmont Industries Stock Surges 14% After Strong Q1 Earnings and Raised 2026 Guidance

Valmont Industries Inc. shares rocketed more than 13% in early trading Tuesday after the infrastructure and agriculture products maker posted stronger-than-expected first-quarter results and raised its full-year 2026 earnings guidance, highlighting robust demand in North American utility markets and effective pricing strategies.

International Business Times

5 Reasons Navitas Semiconductor Stock Is Exploding Higher in 2026

Navitas Semiconductor Corp. shares exploded more than 18% in early trading Tuesday, reaching $15.66 as momentum built around the company's gallium nitride and silicon carbide power solutions for artificial intelligence data centers and energy infrastructure.

International Business Times

Rivian Automotive Faces Setback as Tornado Strikes Illinois Facility

Rivian Automotive faces a setback after a tornado damages its Illinois factory, impacting R2 production operations but leaving workers safe.

International Business Times

Florida Proposal Would Bar Undocumented Students From Public Colleges, Expand Admissions Review

The proposal would also expand admissions standards by allowing colleges to take an applicant's disciplinary history into account, broadening review criteria beyond academic performance.

International Business Times

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When Is Donald Trump Jr.'s Wedding? Date and Venue Details Revealed for Bettina Anderson Nuptials

Donald Trump Jr. and Bettina Anderson plan to marry, but White House renovations have delayed venue decisions. A bridal shower at Mar-a-Lago suggests their commitment.

International Business Times

Cuba confirms meeting with Washington officials in Havana as Raul Castro's grandson emerges in talks

The Cuban government confirmed that it recently held a meeting on the island with representatives from Washington, marking a rare direct contact between the two sides at a moment of deep economic strain and rising geopolitical tension.

International Business Times

Dunkin' Giving Away 1 Million Free Coffees Again: How to Get Yours Today (Check Promo Code)

Coffee lovers, set your alarms. Dunkin' is handing out another 1 million free coffees Tuesday, just weeks after a massive April Fools' Day giveaway that delighted customers across the country.

International Business Times

US Visa Applicants Ordered To Make All Social Media Accounts Public Or Risk Delays And Denial

The US now requires visa applicants to make social media profiles public for security vetting, affecting various visa categories and potentially delaying applications.

International Business Times

Inside Pete Hegseth's Alleged Paranoid Decision That Triggered a Major Military Purge

Defence Secretary Pete Hegseth's decision to fire Army Chief of Staff Gen. Randy George has sparked controversy, highlighting internal Pentagon tensions and concerns over leadership instability.

International Business Times

US Government Allegedly To Ban World Cup Attendees If Social Media Profile Deems Them Antisemitic

The US plans to implement social media vetting for 2026 World Cup attendees, focusing on antisemitism. This has sparked debate over privacy and security, with officials clarifying the policy's scope.

International Business Times

WhatsApp Plus Subscription Launches On Android To Bring Premium Features And More

WhatsApp Plus has launched on Android to bring a premium messaging experience with top features to subscribers.

International Business Times

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International Business Times

Chinese President Xi Jinping Makes Direct Comment on Strait of Hormuz

Chinese President Xi Jinping directly addressed the issue involving the Strait of Hormuz, urging the US and Iran to keep it open.

International Business Times

Deezer Reports 44% of Daily Uploads Are AI-Generated Tracks

Deezer reveals 44% of new uploads are AI-generated, but streams remain low. This has become concerning about fraud, copyright, and the future of human music.

International Business Times

JetBlue Faces Surveillance Pricing Accusations After '$230 Ticket Increase' Viral Tweet Sparks Backlash

JetBlue faces surveillance pricing accusations after a viral post claimed a $230 ticket increase. The airline denies using personal data to set fares.

International Business Times

'They Don't Know 15:00 Means 3pm': Shock as Severn Trent Boss Says Apprentices Struggle Telling Time and Basic Maths

A growing number of apprentices lack basic maths skills, raising concerns about workforce readiness, financial understanding, and widening inequality across Britain.

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International Business Times

Trump Says U.S. Is Going To 'End Up With a Great Deal' With Iran As New Talks Loom: 'I Think They Have No Choice'

President Donald Trump said on Tuesday that he thinks his administration is "going to end up with a great deal" with Iran as delegations appear to head for a new round of talks in Pakistan.

International Business Times

Ford CEO Reveals Why He'd Rather Drive a Chinese EV Than Tesla: 'They've Been Doing Great, But…'

Ford CEO Jim Farley emphasizes a shift toward affordable hybrids, inspired by Chinese giants like BYD, amid rising global competition with Tesla. Learn how Ford plans to adapt to the evolving automotive market.

International Business Times

Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding Engineers in Talent War

Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.

International Business Times

US Flight Chaos Intensifies as $11B Fuel Spike and Staffing Gaps Force Massive Airline Schedule Cuts

US air travellers face the worst flight chaos of 2026 as TSA staffing shortages, the Iran war jet fuel spike, and spring storms force airlines to slash routes and suspend key services.

International Business Times

Viral Piranha Plant Switch 2 Dock Hits Amazon With 4K Support, Joy-Con Charging, But There's a Catch

The Piranha Plant Switch 2 dock goes viral on Amazon, offering 4K output, Joy-Con charging, but there's just one thing that might turn you off.

International Business Times

Nancy Guthrie Kidnapping: 80 Days On, No Suspect or Trace of Savannah Guthrie's Mother as FBI Analyzes DNA

More than 80 days after 84-year-old Nancy Guthrie was abducted from her Catalina Foothills home in the early morning hours of Feb. 1, authorities still have no suspect in custody and no confirmed trace of the mother of NBC "Today" show co-anchor Savannah Guthrie.

International Business Times

Elon Musk Amplifies Grok AI's Epic Takedown of Midwit in Viral X Post Sparking Truth-Seeking Debate

Elon Musk on Tuesday spotlighted a sharp exchange on his social platform X in which xAI's Grok AI refused to be cornered by a user demanding simplistic yes-or-no answers, instead prioritizing textual evidence and logical substance over a forced binary trap.

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Mohammad Bagher Ghalibaf

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