Tag: technology

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Rivian Opens Up Van Sales to All Fleets After Breaking Amazon Exclusivity

Electric vehicle maker Rivian opens sales of its delivery vans to all fleet sizes in the US, aiming to capitalize on demand beyond its exclusive deal with Amazon.

Shopify's AI-Driven Magic Fuels E-commerce Growth

Shopify's AI-powered e-commerce platform, Shopify Magic, empowers small businesses to automate tasks, enhance customization, and grow their online stores amidst challenging retail conditions.

Lithium Prices Face Headwinds as Chinese Refinery Restarts

Jiangsu Lopal Tech and Contemporary Amperex Technology are restarting their lithium refinery in China after a five-month halt, potentially further suppressing lithium prices.

AI Network Stocks: Positioned to Benefit from DeepSeek-Driven Growth

Tech stocks take a hit on concerns over lackluster guidance and plans for record capital investment. AI network stocks emerge as potential beneficiaries, with Ciena, Coherent, Celestica, and Arista Networks poised for growth.

Leaders Debate the Impact of AI on the Workforce

Artificial intelligence's role in the workplace has been debated at the World Economic Forum. Experts from Morgan Stanley, Nasdaq, and more share their perspectives on AI's impact on jobs and productivity.

U.S.-China Trade Spat Escalates: China Imposes Retaliatory Duties

China's retaliation after US imposes tariffs on steel and aluminum, escalating trade tensions between the countries over the years. Key moments in the trade spat include Trump's initial tariffs in 2017, China's response, and subsequent tit-for-tat duties, leading to a partial trade deal in 2020 and ongoing restrictions.

AI-Driven Productivity Surge: India's Software Industry Set for 43%-45% Boost

The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India's $254 billion software industry by 43%-45% over the next five years, according to a survey by consulting firm EY India.

India's Top LNG Importers Discuss Buying More From US Ahead of Modi-Trump Meeting

India's largest LNG importers are in talks for long-term supply deals with US companies including Cheniere Energy and discussing investment in US LNG projects.

US Equity Futures Rebound as Tariff Announcement Fails to Deter Market Optimism

US equity futures rose as markets processed President Trump's tariffs on steel and aluminum. The S&P 500 and Nasdaq 100 gained at least 0.3%, while aluminum and steel companies rose in premarket trading. BP Plc surged 6.7% after an activist investor revealed a stake. Trump's tariffs may boost inflation, potentially limiting the Federal Reserve's ability to cut interest rates. Gold advanced to a record high, while 10-year Treasury yields remained steady.

Trump's Crypto Agenda Fuels Japanese Hotel to 4,800% Gain on Bitcoin Bet

Bitcoin demand is surging in Japan, fueling a meteoric rise in Metaplanet Inc. shares as the company pivots to a Bitcoin-first strategy. MicroStrategy's success has inspired many Japanese companies to emulate its massive Bitcoin investment, attracting retail investors seeking exposure to the volatile cryptocurrency. Metaplanet's unique NISA investment option and Bitcoin-themed hotel business set it apart in the market.