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Brazil will respond to Trump's 50% tariff with 'reciprocity,' says da Silva
Brazil's planned retaliatory measures against increased U.S. duties could impact trade balances and economic relations between the two countries, potentially influencing market con...
Read Full Article →Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
AWS’s development of specialized cooling technology for high-performance GPUs reflects growing investment to support expanding AI workloads and manage increasing operational costs...
Read Full Article →Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally
The recent surge in Bitcoin's value, surpassing previous highs, reflects increased investor confidence influenced by a broader technology sector upswing led by key industry players...
Read Full Article →Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
The potential $3 billion agreement with Ferrero has significantly boosted investor confidence, leading to a substantial increase in the market value of WK Kellogg since its recent...
Read Full Article →Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve members expressed differing views on the pace and extent of future interest rate reductions, reflecting uncertainty about the best approach to support economic grow...
Read Full Article →Eli Manning says he's no longer interested in buying a piece of the NFL's Giants: 'It's too expensiv...
Eli Manning expressed that acquiring ownership in an NFL franchise, including the Giants, involves a substantial financial commitment, reflecting the team's high market valuation a...
Read Full Article →Trump sends more letters dictating high tariff rates around the world
Trump’s frequent adjustments to international tariffs significantly impact global trade dynamics, creating market volatility and uncertainty that influence investment decisions and...
Read Full Article →Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project
The legal allegations against Oak View Group's CEO could potentially impact ongoing financial arrangements and investor confidence related to the University of Texas arena developm...
Read Full Article →Linda Yaccarino steps down as CEO of Elon Musk's X
Linda Yaccarino’s resignation from her leadership role at X may impact the company’s financial stability, as it follows closely after controversy involving the platform’s AI chatbo...
Read Full Article →Trump's next Fed chair pick already comes with a credibility problem
The financial markets may experience increased uncertainty as the upcoming Federal Reserve chair's reputation could affect investor confidence and monetary policy effectiveness dur...
Read Full Article →Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley
The presence of top executives from major companies at this exclusive event highlights its importance as a venue for potential high-level discussions and influential business netwo...
Read Full Article →Nvidia hits $4 trillion market cap, first company to do so
The company’s valuation surpassed $4 trillion for the first time, reflecting strong investor confidence driven by its leading role in providing essential technology for the growing...
Read Full Article →Homebuyers finally responded, after mortgage rates hit lowest level in three months
The recent decline in mortgage rates to a three-month low encouraged a notable increase in home purchase applications, reflecting heightened activity in the housing market.
Read Full Article →BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells
BNY Mellon’s role as the main custodian for Ripple’s U.S. dollar-backed stablecoin reserves highlights growing institutional involvement and confidence in cryptocurrency assets.
Read Full Article →Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
Major investment firms have introduced strategic market options aimed at providing potential returns and stability amid forecasts of slower economic expansion in the upcoming half-...
Read Full Article →Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
The reported investment by Meta in EssilorLuxottica highlights growing collaboration in wearable technology, potentially influencing stock performance and signaling confidence in t...
Read Full Article →Trump's tariffs on cars, copper, drugs, aluminum could hit harder than other levies
The imposed duties on automotive, metal, and pharmaceutical imports may create significant economic challenges for companies and international partners adapting to the ongoing shif...
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