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Wall Street Hits Record Highs After Powell's Speech, Lifts Magnificent 7 Stocks To $17 Trillion In Historic Trading

The U.S. stock market reached record highs on Thursday after the Federal Reserve cut interest rates by 0.25%, as expected, with Fed Chair Jerome Powell reassuring markets by dismissing any concerns about his potential resignation under Trump. Tech stocks led the rally, with the Nasdaq 100 up 1.5% to an all-time high, while the S&P 500 gained 0.7%, and the combined market cap of major tech firms hit a new $17 trillion peak. Treasury yields fell, the U.S. dollar weakened, and gold and Bitcoin saw gains as investors responded to Powell’s indication of a possible future rate cut and the Fed’s data-driven approach to monetary policy.

Salman Khan Gets Threat Again Over Song Naming Gangster Lawrence Bishnoi

Salman Khan reportedly received a new threat linked to the naming of a song, allegedly from associates of gangster Lawrence Bishnoi, who has made past threats against the actor. This follows earlier incidents involving threats toward Khan. Authorities are investigating the source of the threat and have increased security measures surrounding Khan for precautionary reasons.

Trump announces campaign manager Susie Wiles as White House chief of staff

Donald Trump has announced that Susie Wiles will serve as his White House chief of staff, recognizing her pivotal role in his 2016 and 2020 campaigns. Known for her disciplined approach, Wiles is credited with running Trump’s most organized campaign and managing access to the former president effectively. Wiles’ appointment as the first female chief of staff in U.S. history is seen as a strategic choice aimed at ensuring control over Oval Office access, a challenge in Trump’s previous term.

Apple M4 MacBook Pro Review: Faster Than Ever, and the Matte Option Wows

The 2024 MacBook Pro M4 models bring subtle but solid updates, including improved webcams, increased CPU/GPU core counts, and enhanced display options like a nano-texture coating. The 14-inch model regains a third Thunderbolt port, while the 16-inch now supports Thunderbolt 5 for higher bandwidth. Overall, the M4 series improves performance, but major upgrades may only be worthwhile if current setups feel limited.

Movie News

‘I Missed An Opportunity To Work With Suriya’ – Rajamouli

At the pre-release event for Kanguva, Suriya expressed his admiration for director Rajamouli, reminiscing about a project they once considered but couldn’t pursue. Suriya likened his hope to collaborate with Rajamouli to waiting for a “train” he’s missed but still hopes to catch. In response, Rajamouli praised Suriya’s successful journey in Telugu cinema, calling him an inspiration for pan-India filmmaking, referencing Ghajini as a pivotal moment that won the hearts of Telugu audiences.

Pawan Kalyan’s mentor to train Akira Nandan

Pawan Kalyan’s son, Akira Nandan, is taking steps into the film industry, with reports indicating he will train in acting under renowned mentor Satyanand, who has previously guided stars like Pawan Kalyan and Prabhas. A viral clip from Pawan’s upcoming movie OG has led to speculation that Akira may be appearing in it, though this remains unconfirmed.

'Ghaati': Is Anushka Shetty's movie a mimicry?

The newly released glimpse of Ghaati, starring Anushka Shetty, showcases a hyper-violent, menacing protagonist, echoing trends set by recent films like KGF and Akhanda. Directed by Krish Jagarlamudi, the film highlights brutal action sequences, but some critics argue that today’s frequent portrayal of extreme violence has dulled its impact. While Ghaati seeks to captivate audiences with intense action, its success may depend on whether it offers meaningful storytelling alongside its graphic scenes.

Theatre Releases

Source: Filmibeat