Economy
Finance, markets, investments, cryptocurrency and economic news
Apple's record $144 billion revenue and 16% growth proves the iPhone giant can thrive without joining the AI arms race, buying time to develop its own strategy.
The US is courting Vietnam and Indonesia, among other Board of Peace members, to join its Pax Silica semiconductor supply chain initiative, revealing a strategic pivot from humanitarian to economic goals.
The Pentagon clashes with Anthropic over military AI applications, revealing deeper tensions between national security needs and AI safety principles in the tech industry.
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[email protected]Bitcoin slumped to its weakest price since November as crypto markets sold off sharply while stocks and gold recovered, highlighting the sector's vulnerability as a risk asset.
Tesla ends Model S and X production, converts factory to robot manufacturing. $20B investment pivot to AI and robotics marks Musk's 'burn the ships' moment
OpenAI will retire GPT-4o and several other ChatGPT models next month, despite some users' strong preference for the warm conversational style. Only 0.1% of users choose GPT-4o daily, revealing the challenge of balancing efficiency with user choice in AI services.
Apple achieved record quarterly revenue with nearly 40% growth in China, but TSMC's 3nm capacity constraints and rising memory costs are creating new challenges for the tech giant.
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[email protected]El Salvador's central bank bought $50 million in gold while the government added another bitcoin to its stack. What does this dual-asset strategy reveal about sovereign wealth management in the crypto age?
Major banks worldwide are seeing price-to-book ratios surge past 1.0 for the first time in a decade, with Wells Fargo doubling its valuation as regulatory restrictions lift.
While tariff wars disrupt global trade, they're unexpectedly strengthening India-Japan economic ties. A senior business lobby official explains why this partnership has 'enormous potential' amid geopolitical shifts.
As Trump's return looms, countries and corporations are building sophisticated strategies to reduce dependence on US markets and dollar dominance. The global economy is quietly rewiring itself.
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[email protected]Companies are deploying AI agents as permanent team members, not just tools. What happens when your chatbot colleague becomes as real as your human one?