Key Points: OpenAI has a team of 200 employees building new AI gadgets. The company plans to sell the speaker for $200 to $300. Smart glasses are also in development for a 2028 release. The project follows the $6.5 billion...
Key Points: The Supreme Court ruled 6-3 that President Trump lacked the authority to impose his sweeping tariffs. U.S. stock markets surged following the decision, erasing early morning losses. Economic growth slowed to 1.4% in the fourth quarter, missing analyst forecasts. Core inflation jumped 3.0% over the last year, reducing hopes for quick interest rate cuts. U.S. stocks climbed on Friday after the Supreme Court...
Key Points: A federal judge in Miami rejected Tesla's attempt to overturn a massive jury verdict. The automaker must pay $243 million to the families of victims from a 2019 crash. The fatal accident involved a Tesla Model S operating on the Autopilot system. Judge Beth Bloom declared the trial evidence fully supported the jury's financial award. A federal judge in Miami dealt a heavy...
Key Points: The U.S. economy grew at just a 1.4% rate in the fourth quarter. A record 43-day government shutdown severely dragged down the national output. Job growth stalled last year, adding the fewest workers since the 2009 recession. Wealthy households continue to spend while lower-income families struggle with high prices. U.S. economic growth hit a major speed bump at the end of last year....
Key Points: Japan's core consumer inflation hit 2.0% in January. This marks the slowest rate of price growth in two...
Key Points: Nvidia is close to finalizing a $30 billion investment in OpenAI. This deal replaces a previous long-term $100...
Key Points: President Trump is suing the IRS for $10 billion over a tax data leak. Critics argue this creates...
Key Points: Brent crude and US oil prices jumped roughly 2% on Thursday. Gold prices reclaimed the $5,000 mark as...
Key Points: The European Central Bank fined JPMorgan 12.18 million euros. The bank miscalculated risk-weighted assets for 15 consecutive quarters....
Key Points: Taalas raised $169 million to build faster, cheaper AI chips. The technology "hard-wires" AI models directly onto silicon....
Key Points: ESA stock fell 6% following the announcement of a public offering. The company priced 1.74 million shares at...
Key Points: The December trade deficit jumped over 32% to $70.3 billion. The gap for physical goods hit an all-time...
Key Points: Sam Altman and Dario Amodei refused to hold hands during a group photo. The incident occurred at the...
Key Points: Fed officials show no urgency to cut rates, keeping hike options open. The dollar strengthens while the euro...
Key Points: U.S. President Trump signed an order protecting phosphorus and herbicide supplies. The White House invoked the Defense Production...
Key Points: eBay will acquire fashion app Depop from Etsy for $1.2 billion. The company forecasts first-quarter revenue between $3...
Key Points: World Labs secured $1 billion to develop "spatial intelligence" technology. Major investors include chip giants AMD and Nvidia,...
Key Points: Microsoft matched 100% of its electricity usage with renewable energy last year. The company contracted 40 gigawatts of...
Key Points: Barclays sees fragility in the market's current risk appetite. The bank keeps a positive rating on U.S. Growth...
Key Points: Bank of America is starting a specialized art consulting service. Wealthy clients hold over $2.5 trillion in art...
Key Points: The ECB designed the digital euro to keep banks central. New currency aims to compete with non-European tech...
Key Points: Santos plans to cut roughly 10% of its staff to lower expenses. The company reported full-year profits that...
Key Points: The IMF advised Japan to continue raising interest rates. The agency warned against a proposed cut to the...
Key Points: Meta will use millions of Nvidia chips to power its AI data centers. The deal includes the first...
Key Points: WTI crude dropped to near $62 a barrel on Tuesday. Iran confirmed a "general agreement" on nuclear talks...
Key Points: SoftBank Group dissolved its stake in Nvidia during the fourth quarter. Nvidia shares dropped 1.6% following the disclosure....
Key Points: Ormat signed a deal to provide 150 MW of geothermal power. The energy will support Google’s data center...
Key Points: Portland General Electric is buying PacifiCorp's Washington assets for $1.9 billion. The deal includes wind and gas plants...
Key Points: Bitcoin dropped 1.7% to trade around $67,600 on Tuesday. US tech stock futures slid, dragging crypto prices down....
Key Points: Ireland's Data Protection Commission is investigating X's chatbot, Grok. The probe focuses on the creation of sexualized AI...
Key Points: Copper earnings surpassed iron ore for the first time ever. BHP shares jumped 7% to hit a new...
Key Points: Australian Federal Court dismissed the case against Santos on Tuesday. The lawsuit claimed the company misled investors about...
Key Points: SpaceX and xAI have joined a secret military competition. The contest aims to build voice-controlled drone swarms. The...
Key Points: Invest International is loaning Nexperia $60 million for global upgrades. The funds will modernize production lines and boost...
Key Points: Italy and France closed slightly higher, while Germany's DAX fell. Defense and industrial stocks like Leonardo and Airbus...
Key Points: Investors are moving from AI hype to practical concerns. Software stocks have dropped double digits due to replacement...
