Tesla CEO Elon Musk has launched a new political party in the United States, declaring the formation of the “America Party” on Saturday. The move follows Musk’s fallout with President Donald Trump over a sweeping tax and spending bill that Musk criticized for deepening the nation’s fiscal woes.The announcement was…
A once-close alliance between President Donald Trump and tech billionaire Elon Musk has spectacularly imploded, with Trump lashing out at Musk for forming a new political party.The President called the move “ridiculous” and asserted that his former ally had gone “completely off the rails.” This public falling out marks a…
Despite a bruising first half marked by geopolitical tensions and tariff shocks, retail investors continued to pour money into US stocks at a historic pace, underscoring their growing clout in financial markets.Individual investors traded a staggering $6.6 trillion worth of equities in the first six months of 2025, according to…
President Donald Trump signed his sweeping “Big Beautiful Bill into law on July 4 – pushing European renewable energy companies into recalibrating their US strategies.While the bill initially threatened to upend clean energy incentives, last-minute amendments have softened the blow, particularly for wind and solar developers. Yet, the long-term implications…
Artificial intelligence chipmaker Groq has launched its first European data centre in Helsinki, Finland, in partnership with global infrastructure provider Equinix. The $2.8 billion US-based startup, backed by investors including Samsung and Cisco, is expanding its international footprint as demand for AI inferencing surges across Europe. The move positions Groq…
XPeng stock price continued its consolidation this month, even as its growth trajectory accelerated. XPEV was trading at $18.85 in New York, much lower than the year-to-date high of $27.15. This article explains why the XPeng share price is poised for a bullish breakout. XPeng stock price has strong technicalsOne key…
Asian stock markets began the trading week on a weaker note Monday, with most regional indices slipping amid confusion over US tariff policy and a slide in oil prices after OPEC+ opened its supply spigots more than expected. The lack of clarity on trade deadlines and tariff rates from Washington…
European stock markets began the week with a mixed and directionless tone, as investors navigated a complex landscape of new US tariff threats, a high-profile political feud between President Donald Trump and Elon Musk, and significant corporate deal-making.About 10 minutes into Monday’s trading session, the pan-European Stoxx 600 index was…
Tesla CEO Elon Musk has launched a new political party in the United States, declaring the formation of the “America Party” on Saturday. The move follows Musk’s fallout with President Donald Trump over a sweeping tax and spending bill that Musk criticized for deepening the nation’s fiscal woes.The announcement was…
With the passage of Donald Trump’s “One Big Beautiful Bill Act” (OBBBA), the US has chosen to pile more debt onto an already overloaded balance sheet. The federal debt now stands at $37 trillion. Interest payments will soon exceed $1 trillion per year. That’s more than the entire US defense budget. Yet…