Economy
Finance, markets, investments, cryptocurrency and economic news
Tesla invests $2 billion in Elon Musk's xAI startup amid conflict of interest concerns. Analysis of the strategic rationale behind funding Grok's controversial AI technology.
Tesla ends production of flagship Model S and X vehicles after 12 years, converting Fremont factory to produce 1 million Optimus humanoid robots annually as Musk pivots from EVs to robotics.
Tesla reports its first annual revenue decline since going public, marking a pivotal moment for the EV pioneer as competition intensifies and growth slows.
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[email protected]Dalton Investments' demand for Fuji Media's 10% share buyback reveals deeper strategies behind activist investing in Japan's cash-rich but undervalued companies.
Wells Fargo reduces reliance on ISS and Glass Lewis by building its own proxy voting system. This shift signals a broader challenge to the duopoly that dominates corporate governance decisions worldwide.
ServiceNow beat Q4 expectations and raised guidance, yet shares dropped 6%. Why investors are concerned about the company's billion-dollar AI acquisition spree.
Microsoft posted strong Q4 results with 17% revenue growth, but investors remain skeptical about massive AI infrastructure spending and unclear return timelines
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[email protected]Meta plans to nearly double spending to $135 billion for AI investments, sparking investor concerns about profitability as the company races to compete in the AI arms race
The Federal Reserve signals it won't rush interest rate cuts as the US economy shows unexpected strength, creating ripple effects across global markets and investment strategies.
Vietnam's multi-partnership strategy offers a masterclass in balancing US-China rivalry. How the Southeast Asian nation plans to thrive amid intensifying geopolitical tensions.
Meta's Reality Labs posts $6B quarterly loss as company shifts from VR ambitions to AI and smart glasses, raising questions about the metaverse's future.
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[email protected]IBM beats Q4 estimates with 12% revenue growth and $12.5B AI bookings, proving traditional tech can compete in the AI era while maintaining 110 years of dividends.