Elon Musk recently met with mainstream press, breaking his pattern of avoiding interviews with outlets he perceives as unfriendly. The session occurred amid reports that Tesla’s board might […]
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Automakers Report Significant April Sales Boosted by Tariff Concerns
DETROIT — Major automakers, including Ford, Hyundai, and Kia, reported substantial year-over-year U.S. sales increases in April. This surge was driven by consumers rushing to buy vehicles ahead […]
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Chevron Reports Earnings Beat Amid Rising Stock
Chevron has reported earnings that surpassed market expectations, leading to a rise in its stock price. Despite this positive news, the overall profit has declined due to falling […]
Technology
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Defense Tech Startup Mach Industries Raises $100 Million in New Funding Round
Mach Industries, a defense tech company founded by 21-year-old Ethan Thornton, is reportedly closing a $100 million funding round co-led by Khosla Ventures and existing investor Bedrock Capital, […]
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Six Flags America to Close in November After Decades of Operation
Six Flags America and Hurricane Harbor in Prince George’s County, Maryland, are set to close in November. The decision comes as the parks do not align with the […]
Economy
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Blank Sailings Signal Economic Uncertainty Amid Trade Tensions
The container shipping industry is experiencing a surge in ‘blank sailings,’ where shipping routes are temporarily paused due to insufficient demand. This phenomenon has intensified due to trade […]
Technology
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Apple Updates App Store Guidelines to Allow External Purchases
Apple has revised its App Store Guidelines to accommodate external payments and links, following an injunction issued in the Epic v. Apple case. Developers can now guide users […]
Technology
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Key Microsoft Price Levels to Watch Amid Stock Surge on AI Cloud Growth
Microsoft (MSFT) shares experienced a significant surge during extended trading on Wednesday following the release of its fiscal third-quarter results, which exceeded Wall Street’s expectations. This growth was […]
Economy
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America’s Economy May Be Weaker Than It Appears Due to Stockpiling Ahead of Tariffs
President Donald Trump’s tariff plan significantly impacted the US economy’s first-quarter performance as companies stockpiled imported goods ahead of higher levies. However, without this stockpiling, the economy might […]
Markets
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S&P 500 Gains Driven by Strong Tech Earnings Amid Tariff Concerns
Major U.S. equities indexes advanced on Thursday following robust quarterly earnings reports from Microsoft (MSFT) and Meta Platforms (META), alleviating concerns about the impact of tariffs on large […]