Thursday brought a flurry of major developments across politics, business, and technology. A US judge allowed Elon Musk’s antitrust lawsuit against Apple and OpenAI to advance, while President Donald Trump may unveil sweeping tariff reductions and new trade pacts aimed at easing inflation-weary American households. Media giants reportedly began circling…
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal challenge, brought by Elon Musk’s X Corp. and xAI, argues that Apple’s decision to embed OpenAI into the iPhone’s operating…
The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457. It has remained about 30% above its lowest level this year. So, is it safe to buy the DIA ETF dip?Why the Dow Jones Index has retreatedThe…
Foreign investors are withdrawing billions from Asia’s top-performing AI-linked stock markets, marking the sharpest retreat in over seven months.A Bloomberg exclusive reports that Taiwan, South Korea, Japan, and China have all seen selloffs in recent weeks as rising valuations, shifting global monetary expectations, and structural concerns push capital elsewhere.Although the…
Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party, with the chancellor reportedly reversing course under mounting pressure from both markets and party infighting.A senior source told the Guardian that the proposal, which would have…
Hedge fund manager Michael Burry, whose prescient bet against the US housing market ahead of the 2008 financial crisis cemented his reputation as one of Wall Street’s sharpest contrarians, has deregistered his firm Scion Asset Management. The move comes just days after regulatory filings revealed his bearish positions against artificial…
Google has been ordered to pay €573 million by a German court in a major enforcement of European antitrust law. The decision stems from the European Commission’s earlier finding that the company unfairly favoured its own shopping comparison service in search results. With this ruling, Germany has become the first…
Empire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce the appointment of Canaccord Genuity Limited (‘Canaccord‘) as joint corporate broker with immediate effect. Canaccord will work alongside S. P. Angel Corporate Finance LLP and Shard Capital Partners LLP. For further information please visit www.empiremetals.co.uk…
Dow futures were under pressure on Friday, falling about 214 points, roughly 0.5% as investors turned cautious ahead of key economic data and fresh Fed commentary.The drop came after a round of hawkish remarks from Fed officials, which dampened hopes for any near-term rate cuts.The weakness wasn’t limited to the…
The investment management landscape is undergoing a fundamental shift. The once-standard 60/40 portfolio approach, which balances equities and bonds, is being challenged by market volatility, the crowding of mega-cap tech stocks and rapid technological innovation reshaping the economy. Navigating this environment requires a new mindset that embraces a blend of…