Tag: technology

Posts with tag: technology

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Futures Edge Lower as Investors Digest Trump's Tariffs

US stock futures edge lower as investors weigh steel, aluminum tariffs; Tech struggles continue amid AI spending fears; Coffee futures surge to record high; Coca-Cola earnings in focus

China Vanke Receives $383 Million Loan from State-Owned Shareholder

China Vanke receives a $383 million loan from Shenzhen Metro, signaling government support as the property developer faces liquidity challenges.

Oil Steadies After Biggest Gain in Almost Four Weeks as Russia Cuts Offset Tariff Woes

Oil prices steadied after Russian production cuts outweighed concerns over trade tariffs.

Xpeng, Geely Shares Plunge on BYD's Smart Driving Expansion

Chinese automakers Xpeng and Geely Auto see shares fall on concerns over BYD's competitive edge in offering smart driving features for free.

Oil Steadies After Biggest Gain in Almost Four Weeks

Oil steadies after Russian supply tightens; Trump's tariffs remain concern

Oil Holds Gains as Russian Supply Loss Offsets Trade-War Worries

Oil holds gains on tighter Russian supply, tariff concerns

Leapmotor Launches EV With Smart Driving Tech Priced Under $21,000

Leapmotor launches new electric vehicle with smart driving technology priced under $20,535, following BYD's price cuts for smart EVs.

Elon Musk's DOGE Sparks Concerns Over Privacy and Financial Stability

The Department of Government Efficiency's actions have sparked concerns about privacy rights and the financial standing of the U.S. as it rapidly cuts spending and accesses sensitive Treasury Department payment systems. Advocacy groups and former treasury secretaries have raised alarms about the risks associated with this and lawsuits have been filed to stop these actions. Experts warn of the delicate nature of the U.S. financial system and the potential harm that could result from unilateral moves. They also express concerns about the compromise of Americans' personal information due to the unsafe handling of sensitive data.

Mag Seven Slumps as AI Spending Fears Dampen Tech Trade

Meta Surges 20% as AI Spending Concerns Weigh on Tech Stocks. Only Meta Posts Double-Digit Gains Among 'Magnificent Seven' Tech Giants in 2025.

Elon Musk, Sam Altman Spar Over $97B Offer for OpenAI

Elon Musk's $97.4B Offer to Buy OpenAI Declined by CEO Sam Altman