News
‘It was hard to breathe’: Zhengzhou flood terror as train submerged
China’s Zhengzhou is sinking, with thousands trying to flee
Desperate passengers have tried to flee a Chinese subway station drowning in floodwater, as Zhengzhou cops record rainfall.
In one train carriage, water seeped in and rose from ankle to waist, to then, neck height.
Panicked commuters stretched upwards to breathe, while others lifted shorter people into the shrinking air pocket above.
Terrifying videos published on social media captured the moment some passengers stood on chairs and clung to the ceiling, hoping not to drown.
One tried to smash a window, before realising that there was even more water outside the carriage
“I can’t speak any more,” one woman wrote on the social media site Weibo. “If no rescue comes in 20 minutes, hundreds of us will lose our lives.”
Another woman who gave her name as “Ms. Li ” told Elephant News. “We were all standing on the seats, and the water was already on our knees,”
After about an hour, the train carriage was plunged into darkness and the oxygen level dropped significantly as people started to panic.
“I was really scared”
Some shorter passengers had water up to their necks, adding that as time went on the air supply began to diminish.
After several hours of fear and uncertainty, rescuers were able to gain access through the roof of the carriage and pulled people out. “We knocked on the glass a bit [on the ceiling]. Then suddenly there was air,” an unnamed woman told state broadcaster CCTV.
Hundreds saved from flooding subway tunnel
Hundreds of people were eventually saved from the flooded subway tunnel in Zhengzhou. The city has a population of more than 10 million people, and many take public transport.
Chinese scientists say global warming has made the situation more dangerous and warn that extreme weather could become more frequent in the future.
News
AI stocks surge amid market shifts and spending warnings
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.
Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.
Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.
These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.
Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.
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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews
News
AI investments set to surge in 2026 as companies target productivity gains
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.
Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.
AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.
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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending
News
Stocks, AI and the economy: What to expect in 2026
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.
Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.
From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.
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