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Google earnings beat Wall Street expectations again thanks to AI and cloud computing
Alphabet’s latest financial results exceeded market predictions, largely due to strong performance and continued investment in artificial intelligence and cloud services, which sig...
Read Full Article →Tesla's profits shrink as Elon Musk's distractions grow
Tesla’s recent earnings show reduced profitability amid challenges in its main electric vehicle market, while both the company and shareholders place increasing emphasis on AI and...
Read Full Article →Tesla sales tumbled 21% in a key market. It's bad news for the EV boom
Tesla experienced a notable decline in sales within California, contributing to a slowdown in the local electric vehicle sector and potentially influencing the company’s upcoming f...
Read Full Article →The trade war is real now
Recent financial results from Hasbro and GM highlight how tariffs are materially impacting the operations and profitability of established consumer companies in tangible and measur...
Read Full Article →Trump's trade deal with Japan includes a $550 billion fund that he will oversee
The agreement establishes a substantial investment fund valued at $550 billion, managed under Trump's supervision, similar in scale and function to sovereign wealth funds held by c...
Read Full Article →What's left for Nvidia to conquer?
Nvidia's substantial market valuation highlights its crucial role in supplying AI processors essential to major technology firms, indicating significant potential for future growth...
Read Full Article →Goldman Sachs and BNY team up to put money market funds on the blockchain
Goldman Sachs and BNY have collaborated to enable investors to access money market funds using blockchain technology, potentially enhancing transparency and efficiency in financial...
Read Full Article →Mortgage demand holds steady despite four-week high in rates
Although borrowing costs have increased due to higher Treasury yields, the interest from homebuyers remains consistent, indicating stable activity in the housing finance market.
Read Full Article →Sam Altman is terrified about a coming AI fraud crisis
Sam Altman highlighted the potential for artificial intelligence to undermine existing verification processes, which could lead to substantial financial losses and increased risks...
Read Full Article →Krispy Kreme and GoPro trading explodes as a new meme stock craze continues
The recent surge in trading activity for Krispy Kreme and GoPro highlights the growing influence of social media communities in driving retail investor enthusiasm and impacting mar...
Read Full Article →The hidden tax on women that's costing companies millions
Unrecognized contributions by female employees lead to decreased efficiency and higher turnover rates, which in turn impose substantial financial burdens on organizations across va...
Read Full Article →Trump says the U.S. has reached a trade deal with Japan that leaves 15% tariffs locked in
The potential agreement maintaining elevated tariffs on Japanese imports highlights a continued emphasis on safeguarding domestic industries, marking a notable shift toward more re...
Read Full Article →Elon Musk is raising billions more for his money-draining xAI startup
Elon Musk's xAI startup is securing substantial new funding valued at $12 billion to support the development of an advanced data facility named Colossus 2.
Read Full Article →Trump says U.S. and the Philippines agree to a 19% tariff deal
The agreement between the United States and the Philippines to implement a 19% tariff could impact trade costs and economic relations between the two countries moving forward.
Read Full Article →Amazon stock gets a price target hike as tariffs have Temu and Shein in retreat
Analysts from Deutsche Bank anticipate moderate revenue increases for Amazon in the upcoming quarter, reflecting market shifts influenced by reduced competition due to recently imp...
Read Full Article →White House aides schedule visit to Federal Reserve renovation site in escalating campaign against P...
White House officials are increasing their focus on Federal Reserve matters, while discussions about potential tax incentives aimed at easing housing costs remain uncertain in thei...
Read Full Article →Opendoor is the hot new meme stock. Here's what to know.
The recent surge in retail investor activity around Opendoor has increased its market visibility and trading volume, potentially impacting its stock valuation and attracting broade...
Read Full Article →GM lost $1 billion from Trump's tariffs. The damage may only be starting
General Motors anticipates that the financial impact of recent import duties will increasingly affect its earnings, potentially resulting in several billion dollars in losses by th...
Read Full Article →Coca-Cola says it will make a cane-sugar soda after Trump says 'it's just better'
Coca-Cola’s decision to reintroduce a cane-sugar beverage this fall could impact sales and consumer preferences, reflecting potential shifts highlighted during recent public statem...
Read Full Article →Scott Bessent opens the door to extending the deadline for a U.S.-China trade deal
Recent developments, including Beijing's resumption of rare earth shipments and Washington's relaxation of semiconductor controls, indicate potential for extending the timeline to...
Read Full Article →AstraZeneca will invest $50 billion in the U.S. as it seeks to avoid Trump's tariffs
AstraZeneca plans to allocate $50 billion toward expanding operations in the United States, aiming to generate tens of thousands of skilled employment opportunities while minimizin...
Read Full Article →Google earnings are about to put its AI bets to the test
Investors are closely watching the upcoming financial report as it may reveal the impact of the company’s recent investments in artificial intelligence on its overall profitability...
Read Full Article →Amazon said it wouldn't raise prices because of tariffs. Then it hiked them on hundreds of products
Amazon initially assured customers prices would remain stable despite tariffs, but subsequently increased costs on numerous items, reflecting the broader impact of rising import du...
Read Full Article →Scott Bessent says he wants a probe into 'the entire Federal Reserve institution'
Scott Bessent’s call for a comprehensive investigation into the Federal Reserve highlights growing concerns about monetary policy decisions and their impact on economic stability a...
Read Full Article →Americans are stashing more cash — just not in their bank accounts
Households in the United States are increasing their overall cash holdings by shifting funds from traditional bank accounts to alternative financial instruments such as certificate...
Read Full Article →'If they want war, they will get war': Europe vows response as Trump escalates tariff threats
European officials are preparing various measures such as new digital service taxes and restrictions on government purchases, aiming to protect economic interests amid escalating t...
Read Full Article →Trump denies that Scott Bessent talked him out of firing Jerome Powell
The report highlights the financial implications of internal advice that influenced key decisions regarding Federal Reserve leadership and monetary policy during a period of intere...
Read Full Article →Trump Media buys $2 billion in Bitcoin — and the stock jumps 7%
Trump Media’s recent $2 billion investment in Bitcoin represents a significant portion of its liquid assets, influencing investor confidence and contributing to a noticeable rise i...
Read Full Article →Stellantis says it could lose $2.7 billion as tariffs hit hard
Stellantis reported that various challenges, such as the initial impact of U.S. import duties, may contribute to a substantial financial shortfall approaching $2.7 billion during t...
Read Full Article →TSMC joins the $1 trillion market cap club
The global semiconductor leader reached a remarkable market value milestone, reflecting investor confidence amid ongoing trade tensions and volatile foreign exchange rates.
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