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Tesla is looking for a robotaxi operator in NYC — before it even has permits
Tesla’s decision to pursue robotaxi operations in New York City highlights its ambition to enter a lucrative market despite regulatory challenges, potentially accelerating revenue...
Read Full Article →Anthropic gifts Claude to the US government for $1, joining list of tech firms offering discounts
Anthropic has provided its AI model Claude to the US government at a nominal fee, reflecting a trend of technology companies supporting federal agencies through significantly disco...
Read Full Article →Spirit Airlines warns it may not last another year with current cash flow problems
Spirit Airlines’ recent quarterly report revealed substantial financial challenges, including a significant net loss, raising concerns about its ability to maintain operations beyo...
Read Full Article →Trump meets with Intel CEO at the White House after demanding his removal
The meeting between the president and the Intel CEO could have implications for the company's strategic direction and investor confidence, potentially influencing market perception...
Read Full Article →Markets on edge ahead of high-stakes CPI release
Investors are closely monitoring upcoming inflation data due to ongoing trade tensions, persistent housing costs, and a slowing job market, all of which may influence central bank...
Read Full Article →Tariffs already tacked billions on food and clothing costs. These items saw the biggest hikes
The recent tax increases on meat and footwear have contributed significantly to the overall rise in expenses for essential goods such as food and clothing during May and June.
Read Full Article →Trump has reportedly delayed slapping steeper tariffs on China yet again
The ongoing negotiations between China and the U.S. continue to influence market expectations, as postponing higher tariffs may help maintain economic stability and prevent increas...
Read Full Article →Trump exempts gold from U.S. tariffs
The removal of tariffs on gold by the U.S. has contributed to increased imports, significantly influencing the widening trade imbalance with Switzerland due to rising consumption o...
Read Full Article →U.S. consumers will take most of the hit from tariff costs: Goldman Sachs
According to analysts, American households are expected to bear nearly two-thirds of the expenses associated with tariffs, impacting their overall spending and financial decisions.
Read Full Article →Ford doubles down on EVs with $5 billion bet
Ford is investing $5 billion to upgrade its Kentucky plant as part of a larger strategy to produce cost-effective electric vehicles, beginning with a new truck model expected in 20...
Read Full Article →Bitcoin and Ether hover around all-time highs
During early trading Monday, the prices of Bitcoin and Ether experienced notable increases, reflecting heightened investor interest and potentially influencing market valuations ac...
Read Full Article →Nvidia and AMD will give a 15% cut to the government for chip sales in China
Nvidia and AMD's agreement to allocate a portion of their chip sales revenue in China to the government marks a notable development in international trade and could impact their ov...
Read Full Article →FDA biologics chief back 12 days after resigning, creating pressure on biotech stocks
The unexpected return of the FDA biologics leader shortly after stepping down has introduced uncertainty, leading to a decline in the valuation of various biotechnology companies w...
Read Full Article →These 7 countries dominate the rare earths market
The concentration of rare earth element production in seven countries highlights their pivotal role in supporting global defense, technology advancements, and renewable energy deve...
Read Full Article →Cisco, Deere & Co, and fresh CPI numbers: Stocks and data to watch this week
Investors are closely monitoring upcoming inflation figures alongside quarterly earnings from key corporations, as these factors could influence market trends and financial decisio...
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