In a move that highlights the pragmatic realities of the AI landscape, bitter rivals Apple and Google have forged a $1 billion-a-year partnership. Google’s advanced Gemini AI model will now …
Business
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Elon Musk’s $1 trillion pay package is on the ropes, facing formal opposition from some of the world’s largest and most influential investors, including Norway’s sovereign wealth fund and CalPERS. …
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Russia is facing a significant problem as China, its biggest oil buyer, is backing away. Chinese refiners, from the largest state-owned firms to the smallest private “teapots,” are canceling orders …
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Amazon is simultaneously celebrating its strongest cloud growth since 2022 and laying off 14,000 corporate employees. CEO Andy Jassy squared this circle on an investor call by claiming the cuts …
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A relentless string of blockbuster deals has culminated in Nvidia becoming the world’s first $5 trillion company. The chipmaker’s valuation hit $5.05 trillion on Wednesday, capping a week of announcements …
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President Donald Trump is previewing a successful outcome for his “big meeting” with Chinese President Xi Jinping, stating from Tokyo that he thinks “it’s going to work out very well.” …
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Elon Musk used Tesla’s earnings call to warn shareholders against following advice from proxy advisory firms regarding his trillion-dollar compensation package. The urgent warning came ahead of the critical November …
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President Trump said “egregious behavior” from Canada prompted his decision to terminate all trade negotiations. The behavior in question was an ad from Ontario featuring Ronald Reagan . The ad …
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General Motors is reporting a brighter financial picture as multiple positive factors align. The company has upgraded its adjusted core profit forecast to between $12 billion and $13 billion. Trade-related …
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The global banking sector bled billions in market value as fears over US credit quality spread rapidly across continents. The pan-European banking industry alone lost €37.4 billion, with Barclays, Deutsche …