Google’s parent company, Alphabet, experienced a 7% stock decline following comments by Apple’s head of services, Eddy Cue, during antitrust testimony. Cue mentioned a decline in Safari search […]
Banks
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Bank of England Cuts Rates Amid Global Economic Uncertainty
The Bank of England (BOE) cut its key interest rate to 4.25% from 4.5%, marking its fourth reduction in seven meetings. This decision came a day after the […]
Economy
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Economist Warns of Recession Risk Due to Trump’s Trade Policies
University of Michigan economics professor Justin Wolfers criticized President Donald Trump’s trade policies, suggesting they could trigger a recession. Wolfers highlighted the unpredictability of Trump’s approach, stating that […]
Markets
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Small-time Trump Coin Investors Face Significant Losses
Rebecca Davis, a local conservative radio show host in Little Rock, purchased President Donald Trump’s meme coin one January morning. With no prior knowledge of cryptocurrency but faith […]
Economy
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Market Resilience Amid Trade Tensions and Supply Chain Concerns
Despite current market resilience, some banks warn of potential rapid deterioration due to ongoing trade tensions and supply chain disruptions. BlackRock has highlighted that U.S.-China trade tensions could […]
Technology
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Family Offices Continue to Invest in AI Startups Amid Market Slowdown
Despite a slowdown in deal-making, family offices of ultra-wealthy individuals remain focused on investing in artificial intelligence startups. According to data from Fintrx, single-family offices made 40 direct […]
Technology
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Quantum Computing Stocks Surge Following D-Wave’s Strong Earnings
Quantum computing stocks experienced a significant rise after D-Wave Quantum (QBTS:NYSE) reported strong financial results. The company announced a 18% stock increase following its earnings report, marking another […]
Uncategorized
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Toyota Warns Tariffs Could Erase $1.3 Billion in Profits Over Two Months
A year ago, Toyota Motor Corporation was thriving, with strong sales of hybrids in the U.S. and a favorable yen boosting its earnings. However, Toyota recently projected a […]
Technology
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Nvidia, AMD Stocks Rise as Trump Plans to Scrap Biden’s Chip-Export Rules
Nvidia and AMD stocks experienced gains as reports emerged that Donald Trump plans to rescind chip-export rules introduced under Joe Biden’s administration. According to various sources, including Barron’s […]
Markets
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Bitcoin Surges Above $99,000 Amid U.S.-UK Trade Agreement Announcement
Bitcoin reached its highest point since February after President Donald Trump announced that the U.S. had reached a trade agreement with the United Kingdom. The price of the […]