Amazon will shut down Mechanical Turk on September 30, ending the 21-year-old platform Jeff Bezos called ‘artificial artificial intelligence.’
Author Archives: newanalytica
Nvidia Posts $96 Billion Quarter and Guides to $108 Billion Ahead
Nvidia posted $96.2 billion in second-quarter revenue, up 106% year-on-year, and guided the next quarter to $108 billion on sustained data center demand.
US July PCE Inflation Holds at 3.7% as Consumer Spending Stalls
July PCE inflation hit 3.7% year-on-year, beating forecasts, as consumer spending stalled and the probability of a September rate hold rose to 62%.
Iran Declares Fully Offensive Military Stance as 60-Day Ceasefire Expires
Iran declared a fully offensive military posture after its 60-day US ceasefire expired, demanding sanctions relief and an end to Washington’s naval blockade.
Hong Kong Convicts Two Tiananmen Vigil Leaders for Inciting Subversion
Two former leaders of Hong Kong’s banned Tiananmen vigil alliance were convicted of inciting subversion, facing up to 10 years under the national security law.
China’s Top Internet Regulator Issues 2026–2030 Plan to Push Firms to Build AI Chips
China’s Cyberspace Administration has issued a 21-measure sectoral plan for 2026–2030 directing informatization and cybersecurity companies to develop advanced AI chips, improve foundation models, and pursue AI agents and embodied intelligence.
Bitcoin Tops $80,000 as Treasury Buybacks Trigger $4 Billion Short Squeeze
Bitcoin surged past $80,700 this week as the US Treasury’s doubling of its long-bond buyback programme reignited risk appetite and triggered more than $4 billion in short liquidations, while spot ETFs recorded their strongest six-session inflow of 2026.
Europe Heads Into Winter With Gas Storage at 59%, the Lowest in Five Years
European natural gas prices have climbed to EUR 60 per megawatt-hour as underground storage levels reach just 59 percent of capacity in late August—far short of the EU’s 90 percent target—raising the risk of winter supply rationing and another inflation surge.
Russia’s Banks Lose $15 Billion in Deposits This Summer as Bond Auctions Halt
Deposit withdrawals from Russian banks reached $3.4 billion in the first fortnight of August alone, putting annual outflows on pace to nearly double 2022 levels and forcing Moscow to suspend government bond auctions indefinitely.
UK’s Burnham Visits Kyiv and Unlocks Classified SCALP Missile Data for Ukraine
UK Prime Minister Andy Burnham made his first foreign trip to Kyiv on Ukraine’s 35th Independence Day, co-chairing the Coalition of the Willing and clearing defence firm MBDA to share classified SCALP missile components with France and Ukraine.