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Pennsylvania Trucking Company Files for Chapter 11 Bankruptcy

Carnegie, Pennsylvania-based Turk Transportation, which offers interstate general freight services, filed for Chapter 11 bankruptcy, owing between $1 and $10 million to 49 creditors.

Senate Republicans Want New Electric Vehicles to Pay $1,000 Road Use Fee

Senate Republicans propose a $1,000 tax on electric vehicles to fund road repairs, since EVs don't pay gas taxes.

Gilat Satellite Networks Beats Earnings Estimates in Q4

Gilat Satellite Networks reports $11.8 million profit in Q4, with $78.1 million revenue. For the year, the company reports $24.8 million profit on $305.4 million revenue.

Burger King, Tim Hortons Drive Restaurant Brands' Revenue Past Estimates

Restaurant Brands tops market expectations for quarterly revenue, driven by strong demand for value meals at Burger King and Tim Hortons coffee outlets.

Fed Chair Powell: No Rush to Adjust Rates Amid Inflation, Policy Uncertainties

Fed Chair Powell signals steady rates, digests inflation, Trump policies

Big Tech's AI Spending Signals Green Light for Stock Market Fueled by Tech Trade

Big Tech's AI spending plans, totaling $325 billion, point to the future direction of the stock market, as their earnings growth has masked a downturn for the rest of the index. According to Arm Holdings CEO Rene Haas, any future concerns about AI will be reflected in spending cuts by tech leaders like Nadella, Pichai, and Zuckerberg.

US Stocks Dip, Commodities Surge Amid Trump Tariffs and Tech Woes

US stock futures dip as investors react to Trump's 25% tariffs on steel and aluminum imports. Tech stocks continue to struggle amid AI spending concerns. Coffee futures surge to a record high on supply concerns and panic-buying. Gold prices hit a new all-time high as safe-haven demand increases.

Hedge Funds Betting on China's AI Boom

Chinese stocks are the most bought by global hedge funds, with DeepSeek's AI model boosting investor enthusiasm. Goldman Sachs reports a surge in buying in the past week, driven by consumer discretionary, tech, and industrial sectors. Sentiment is positive due to Beijing's policy easing and reduced US tariffs.

Stock Futures Slip After Trump's Tariff Announcement

US stock futures dip as Trump's 25% tariffs on steel and aluminum imports weigh. Tech stocks continue to struggle with AI spending concerns, while coffee futures hit an all-time high due to supply constraints.

Nvidia's Weak Start: Analyst Defends Stock, Bullish Ahead of Earnings

Nvidia's stock underperforms amid concerns over AI competition and chip delays. Analysts remain bullish ahead of earnings, citing the company's strong software ecosystem and market share in hyperscalers.