U.S. Government Pumps $50 Million into HP for Cutting-Edge Semiconductor TechThe U.S. government is granting $50 million to HP for semiconductor tech, boosting life sciences and AI equipment production.
NVIDIA’s Big Reveal: Analysts Predict Smaller Shock in Upcoming EarningsAnalysts expect NVIDIA's earnings report to show less surprise, with key focus on profit margins and guidance.
China's Youth Unemployment Crisis: Is It Turning Into a New 'Employment Ice Age'?China's youth unemployment rate is skyrocketing, raising serious concerns as it serves as a crucial indicator of the country's ...
Turkey’s Instagram Ban Lifted: What Really Went Down with Meta?Abdulkadir Uraloglu, Turkey's transportation and infrastructure minister, announced on Saturday that the ban would be lifted.
Tesla Pulls the Plug on Cheapest Cybertruck: From $40K Dreams to $100K RealityTesla announced on its website that it would no longer accept orders for the $61,000 base model of the Cybertruck.
Airbnb's Q3 Outlook Dims: Is the Travel Boom Over?Airbnb has revised its third-quarter revenue forecast downward, leading to a nearly 13% drop in its stock price yesterday.
Google’s Court Loss Could Shake Up Apple’s $20 Billion Revenue Stream—Here’s HowIn an antitrust case, Google suffered a setback in a district court in Columbia that severely impacted its search and advertising business.
Is a Recession Looming? U.S. Stocks Plunge, Global Markets FollowSouth Korea's Ministry of Economy and Finance held an emergency joint meeting with related agencies today to review financial market trends.
Buffett's Big Apple Sell-Off: Why Berkshire Hathaway Dumped 55.8% Of Its StockApple representatives reported that Berkshire held 915.6 million shares of Apple as of January 2. Currently valued at around $88 billion.
U.S. Labor Market Shocker: 249,000 Americans Filed for Unemployment Last WeekDespite the era of high interest rates, the U.S. labor market has remained surprisingly strong. Howe ...
Apple's Foldable iPhone: Coming Next Year or Just a Dream?According to a report from the IT news outlet The Information yesterday, Apple is expected to launch a foldable iPhone by as early as 2026.
Leidos Hit by Major Hack: Sensitive U.S. Government Documents LeakedYesterday, a Leidos representative revealed that hackers had leaked internal documents to the U.S. government.
Delta Air Lines Faces U.S. Investigation Over Mass Flight CancellationsU.S. authorities are investigating Delta Air Lines for handling thousands of flight cancellations due to technical malfunctions.
Tesla's Humanoid Robot to Transform Industries by 2026Tesla CEO Elon Musk announced yesterday that the company plans to sell its humanoid robot, Optimus in 2026.
U.S. vs. China: How Biden's New Rule Crashed the NASDAQOn Wednesday, the NASDAQ index plummeted 2.77%, the most significant drop recorded since December 2022.
Trump is Free: Meta Lifts Restriction on His AccountsMeta announced on Saturday that it would lift some restrictions on former U.S. President Donald Trump's Facebook and Instagram accounts.
UK Currency Tops Major Markets as Economy Speeds UpThe British pound is leading all major currencies this year, buoyed by expectations that the Bank of England will keep interest rates high.
Tesla Stock Soars 44% in Record-Breaking RallyTesla’s Mega Factory profit from manufacturing large-capacity storage batteries is estimated to be equivalent to the profit from selling one million Tesla vehicles. On the 10th, Morgan Stanley raised its valuation for Tesla’s energy storage business, anticipating a surge in global electricity demand due to the AI boom and Tesla’s potential market share growth in […]
AMD to Enhance Software Development with Silo AI AcquisitionAdvanced Micro Devices (AMD) is competing its AI capabilities with industry leader NVIDIA. AMD announced on the 10th that it will acquire Finnish startup Silo AI for $665 million in cash to improve the capabilities of its AI chips. Silo AI CEO Peter Sarlin will continue to lead the unit as part of the AMD […]
American Entrepreneurs Show Resilience Amidst Pricing and Staffing StrugglesIn the United States, the nationwide small business sentiment index rose by 1 point to 91.5 in June. The U.S. government announced that the optimism of U.S. small and medium-sized enterprises (SMEs) has been on the rise for three consecutive months as of June, recording its highest level of the year on July 9. Despite […]
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