Apple has struck a delicate $1 billion annual deal to use Google’s 1.2 trillion parameter Gemini AI for its new Siri, all while promising to protect user data. The solution …
Business
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Tesla’s board is facing intense scrutiny for pushing a $1 trillion pay package for Elon Musk at the same time the company’s sales are plummeting in key European markets. Norway’s …
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A massive “buyers’ strike” in Beijing has led to the rejection of some 400,000 barrels of Russian oil per day. Chinese refiners, from state-owned giants to private “teapots,” are shunning …
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Nvidia’s historic $5.05 trillion valuation has become the dividing line between market bulls and bubble-watchers. The chipmaker, which crossed the $5 trillion mark on Wednesday, is at the epicenter of …
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The contentious issues of rare earth minerals and new tariffs will be on the agenda for what President Donald Trump is calling a “fantastic meeting” with Chinese President Xi Jinping. …
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Elon Musk used Tesla’s earnings call to characterize the compensation fight as a battle for innovation, linking his trillion-dollar pay package to the company’s technological future. The framing came as …
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A 1987 speech by Ronald Reagan is at the heart of a new US-Canada trade spat, which has culminated in president Trump terminating all negotiations with Ottawa. An ad from …
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Presidential tariff policies are creating opportunities for General Motors, prompting an upgraded financial forecast. The company now projects adjusted core profits between $12 billion and $13 billion. Import duties are …
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Fears over bad loans at two US regional banks triggered a global panic, wiping €37.4 billion off the value of the pan-European banking industry. Barclays, Deutsche Bank, and Banco Sabadell …
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Is the Global Economy in a Bubble? Report Warns of Market Froth and Delayed Tariff Pain
by admin477351A new report from a preeminent global economic body raises the question of whether the world economy is in a bubble, warning of both financial market froth and a delayed …