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AI-Driven Rally Pushes Tech Stocks To Records, Broadcom Enters Trillion-Dollar Club, Inflation Data Flashes Warning Signal: This Week In The MarketsU.S. says it’s monitoring developments in South KoreaSANTIAGO (AP) — La fiscalía de Chile confirmó el martes la existencia de una investigación contra el presidente Gabriel Boric por una denuncia de acoso sexual, relacionada a su vez con un caso en el que el mandatario dice ser víctima del acoso sistemático de una mujer hace más de una década a través de correos electrónicos. Fue un abogado de Boric el que primero hizo referencia al asunto públicamente, en un comunicado en el que expuso que el mandatario, de 38 años, fue “víctima de un acoso sistemático vía correo electrónico” de una mujer, quien habría enviado decenas de correos que incluían, además de mensajes personales, varias “imágenes de carácter explícito no solicitadas ni consentidas”. Boric no denunció formalmente los hechos, que habrían ocurrido entre julio de 2013 y julio de 2014 cuando el mandatario realizaba sus prácticas profesionales en la sureña ciudad de Punta Arenas, cerca de la Patagonia chilena, y ya era una figura conocida en la política nacional gracias a su rol en las protestas estudiantiles de dos años antes. La fiscalía regional de Magallanes y la Antártica Chilena reaccionó el martes al comunicado del abogado Jonatan Valenzuela Saldías, que representa a Boric, confirmando que hay una investigación preliminar contra él por la denuncia presentada por una mujer por acoso sexual. Añadió que hasta ahora no se ha producido una acusación formal ni se han formulado cargos en contra de ninguna de las partes, por lo que las pesquisas se desarrollan en carácter reservado. Según la versión de la defensa de Boric, es la mujer que acosaba por correo a Boric la misma que lo denuncia por acoso sexual. “Diez años después, la remitente de los correos presentó una denuncia sin fundamento alguno contra el ya presidente Gabriel Boric el 6 de septiembre de 2024”, indicó el abogado, quien aseguró que el mandatario "jamás tuvo una relación afectiva ni de amistad" y ambos “no han tenido comunicación desde julio de 2014”. La denuncia presentada por la mujer se refiere a la filtración y difusión de imágenes privadas y un supuesto acoso sexual. El fiscal de Magallanes confirmó que su despacho investiga a través de un equipo especializado una “causa penal vinculada al presidente Gabriel Boric” y que el caso cuenta con “diversas diligencias pendientes”. En declaraciones a los periodistas el martes, el abogado del jefe de Estado chileno enfatizó que están "seguros de que la verdad del caso quedará perfectamente establecida en la instancia correspondiente”. Boric “rechaza y desmiente categóricamente el contenido de esta denuncia”, agregó. Valenzuela Saldías informó además que, tras conocer la denuncia, su equipo entregó todos los correos y comunicación entre el mandatario y la mujer que, a su juicio, “permiten esclarecer perfectamente la calidad de víctima del presidente". "El presidente desde un primer momento ha estado a completa disposición del esclarecimiento más absoluto de estos hechos”, acotó. De acuerdo con documentos filtrados por la prensa local, los correos indican que las conversaciones entre Boric y la denunciante iniciaron de forma cordial hasta que la mujer empezó a compartir informaciones privadas y sentimentales para finalmente decirse enamorada y enviar imágenes y textos explícitos, a lo que el ahora mandatario contestó con signos de interrogación hasta que dejó de responder por completo. La vocera del gobierno, Camila Vallejos, detalló en una rueda de prensa que la denunciante habría enviado un total de 25 correos electrónicos desde diferentes cuentas “en una clara dinámica de hostigamiento” y calificó la denuncia como ”falsa” y “sin fundamentos”. “Es recurrente que personas expuestas públicamente tengan tipos de acoso mediante redes sociales, correo electrónico o de otra índole. No todas siempre se denuncian pero son recurrentes”, expresó. La vocera enfatizó que, hasta el momento, Boric no ha sido notificado, citado ni requerido respecto a esta denuncia, de la que tomó conocimiento gracias a las revisiones que se hacen periódicamente por sistema desde el Palacio de La Moneda. “Obviamente nos interesa que la justicia haga su trabajo y pueda esclarecer los hechos lo antes posible”, remarcó.

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Globex Options Magusi Copper-Zinc-Silver-Gold ProjectIntel has initiated a search for a new chief executive, evaluating a few external candidates including former board member Lip-Bu Tan, as it seeks to replace Pat Gelsinger. Gelsinger, a longtime Intel veteran, stepped down after board dissatisfaction with the pace of his strategic turnaround. Intel's board has approached Marvell Technology CEO Matt Murphy, with discussions still in the early stages. Sources indicate that Intel's leadership change comes due to unmet expectations and Gelsinger's failure to drive the anticipated growth. Interim co-CEOs have been appointed as the board forms a search committee. Amid Intel's declining fortunes, with revenue dropping to $54 billion and potential acquisition interest, the CEO succession is receiving significant attention. Lip-Bu Tan and Matt Murphy are viewed as leading contenders, though no final decisions have been made. The outcome of this search could redefine Intel's future trajectory. (With inputs from agencies.)TORONTO - Losses in the tech sector led Canada’s main stock index lower in late-morning trading on Friday, while U.S. stock markets also fell. The S&P/TSX composite index was down 93.03 points at 24,753.79. In New York, the Dow Jones industrial average was down 437.35 points at 42,888.45. The S&P 500 index was down 86.37 points at 5,951.22, while the Nasdaq composite was down 402.43 points at 19,617.93. The Canadian dollar traded for 69.39 cents US compared with 69.51 cents US on Tuesday. The February crude oil contract was up 66 cents at US$70.28 per barrel and the February natural gas contract was up five cents at US$3.37 per mmBTU. The February gold contract was down US$19.70 at US$2.634.20 an ounce and the March copper contract was down less than a penny at US$4.12 a pound. This report by The Canadian Press was first published Dec. 27, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

BANGKOK -- China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports. The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject to export controls on computer chip-making equipment, software and high-bandwidth memory chips. Such chips are needed for advanced applications. The ratcheting up of trade restrictions comes as President-elect Donald Trump has been threatening to sharply raise tariffs on imports from China and other countries, potentially intensifying simmering tensions over trade and technology. China's Foreign Ministry also issued a vehement reproof. “China has lodged stern protests with the U.S. for its update of the semiconductor export control measures, sanctions against Chinese companies, and malicious suppression of China’s technological progress," Lin Jian, a Chinese Foreign Ministry spokesperson, said in a routine briefing Tuesday. "I want to reiterate that China firmly opposes the U.S. overstretching the concept of national security, abuse of export control measures, and illegal unilateral sanctions and long-arm jurisdiction against Chinese companies,” Lin said. China said in July 2023 it would require exporters to apply for licenses to send to the U.S. the strategically important materials such as gallium and germanium. In August, the Chinese Commerce Ministry said it would restrict exports of antimony , which is used in a wide range of products from batteries to weapons, and impose tighter controls on exports of graphite. Such minerals are considered critical for national security. China is a major producer of antimony, which is used in flame retardants, batteries, night-vision goggles and nuclear weapon production, according to a 2021 U.S. International Trade Commission report. The limits announced by Beijing on Tuesday also include exports of super-hard materials, such as diamonds and other synthetic materials that are not compressible and extremely dense. They are used in many industrial areas such as cutting tools, disc brakes and protective coatings. The licensing requirements that China announced in August also covered smelting and separation technology and machinery and other items related to such super-hard materials. China is the biggest global source of gallium and germanium, which are produced in small amounts but are needed to make computer chips for mobile phones, cars and other products, as well as solar panels and military technology. After the U.S. side announced it was adding 140 companies to a so-called “entity list” subject to strict export controls, China’s Commerce Ministry protested and said it would act to protect China’s “rights and interests.” Nearly all of the companies affected by Washington's latest trade restrictions are based in China, though some are Chinese-owned businesses in Japan, South Korea and Singapore. Both governments say their respective export controls are needed for national security. China's government has been frustrated by U.S. curbs on access to advanced processor chips and other technology on security grounds but had been cautious in retaliating, possibly to avoid disrupting China’s fledgling developers of chips, artificial intelligence and other technology. Various Chinese industry associations issued statements protesting the U.S. move to limit access to advanced chip-making technology. The China Association of Automobile Manufacturers said it opposed using national security as a grounds for export controls, “abuse of export control measures, and the malicious blockade and suppression of China.” “Such behavior seriously violates the laws of the market economy and the principle of fair competition, undermines the international economic and trade order, disrupts the stability of the global industrial chain, and ultimately harms the interests of all countries,” it said in a statement. The China Semiconductor Industry Association issued a similar statement, adding that such restrictions were disrupting supply chains and inflating costs for American companies. “U.S. chip products are no longer safe and reliable. China’s related industries will have to be cautious in purchasing U.S. chips,” it said. The U.S. gets about half its supply of both gallium and germanium metals directly from China, according to the U.S. Geological Survey. China exported about 23 metric tons (25 tons) of gallium in 2022 and produces about 600 metric tons (660 tons) of germanium per year. The U.S. has deposits of such minerals but has not been mining them, though some projects underway are exploring ways to tap those resources. The export restrictions have had a mixed impact on prices for those critical minerals, with the price of antimony more than doubling this year to over $25,000 per ton. Prices for gallium, germanium and graphite also have mostly risen. ___ AP researcher Yu Bing in Beijing contributed to this report.As Okta’s stock soars on earnings, this stat shows its strategy is paying off

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City blew a three-goal lead to draw with Feyenoord in the Champions League. Manchester City defender Nathan Ake said his side must “show character” if they are to end their winless streak after Feyenoord scored three times in the final 15 minutes to claim a 3-3 draw in the Champions League at the Etihad Stadium. City are now six games without a victory but appeared to be cruising towards three points before being stunned by the Eredivisie side, who hit them with goals from Anis Hadj Moussa, Santiago Gimenez and David Hancko to fight back from 3-0 down. Two goals from Erling Haaland, one of them a penalty, and one from Ilkay Gundogan had the 2023 European champions three up after 53 minutes as they sought the win that would help to get their ailing season back on track. After the team collapsed in the closing stages, Ake called on his team-mates to show their mettle if their campaign is not to wither away. Speaking to Amazon Prime, he was asked whether he believed the the team’s problem is a mental one. “Maybe it is,” he said. “It is difficult to say. Obviously we have not been in this situation many times but this is where we have to show our character. “When everything seems to go against us and everyone is writing us off, we have to stay strong mentally, believe in ourselves and stick together. “Every season there is a period when they write us off. We have to make sure we stay strong as a team and staff and make sure we get out of it.” The draw leaves City with work to do if they are to secure one of the eight automatic spots in the last 16 of this season’s Champions League. They are currently 15th in the table, two points outside of the top eight, and will need positive results in their next two games against Juventus and Paris St Germain to keep their hopes alive. They then face Club Brugge in their final league match on January 29. The result at least ended a run of five straight defeats in all competitions ahead of Sunday’s Premier League showdown with leaders Liverpool at Anfield. “When you are three goals up it feels like a defeat when you give up three goals at home,” said Ake. “It is tough now, a tough night, but the only thing we can do is look forward to the next one. Liverpool is a big game and it is another challenge to overcome. “(We were) 3-0 up and we played quite well and were under control, but then it all changed. “You just have to stay strong mentally. At 3-1 they then push on but I think we need to go for it a bit earlier so we could keep the pressure on them, but we stayed playing at the back and maybe invited more pressure on us. “Then when you concede the second one there is even more pressure and then we have to stay stronger mentally.”49ers claim RB Israel Abanikanda off waivers from JetsIntel has initiated a search for a new chief executive, evaluating a few external candidates including former board member Lip-Bu Tan, as it seeks to replace Pat Gelsinger. Gelsinger, a longtime Intel veteran, stepped down after board dissatisfaction with the pace of his strategic turnaround. Intel's board has approached Marvell Technology CEO Matt Murphy, with discussions still in the early stages. Sources indicate that Intel's leadership change comes due to unmet expectations and Gelsinger's failure to drive the anticipated growth. Interim co-CEOs have been appointed as the board forms a search committee. Amid Intel's declining fortunes, with revenue dropping to $54 billion and potential acquisition interest, the CEO succession is receiving significant attention. Lip-Bu Tan and Matt Murphy are viewed as leading contenders, though no final decisions have been made. The outcome of this search could redefine Intel's future trajectory. (With inputs from agencies.)