China Unveils AI Alliances to Counter U.S. Sanctions
Domestic Tech Strategy Advances at Shanghai AI Summit China’s artificial intelligence sector is ramping up efforts to develop a self-reliant ecosystem, launching two new industry [more…]
Whirlpool Gains Edge From U.S. Steel Tariffs
Bank of America Upgrades Stock Amid Onshoring Trend Whirlpool Corporation has emerged as a likely winner in the current wave of industrial onshoring, with Bank [more…]
JPMorgan Plans New Fees for Fintechs Amid API Surge
Massive API Traffic Sparks Concerns JPMorgan Chase is preparing to impose new fees on fintech data aggregators like Plaid, following a surge in API traffic [more…]
Oil Prices Climb on U.S.-EU Deal and Russia Deadline
Geopolitical Moves Lift Crude Futures Oil prices jumped 2% on Monday as markets reacted to a sweeping trade pact between the U.S. and European Union, [more…]
Meta to Halt Political Ads in EU Amid New Regulation
Company cites legal uncertainty over incoming EU ad rules Meta Platforms announced it will stop running all political, electoral, and social issue advertisements across the [more…]
German Business Morale Hits 13-Month High in July
Ifo index climbs, but weak fundamentals remain a concern Germany’s business confidence rose in July to its highest level since June of last year, according [more…]
Hasbro Beats Estimates Despite Toy Segment Struggles
Gaming Division Lifts Quarterly Results Hasbro exceeded Wall Street expectations for its fiscal second quarter, driven by strong performance in its digital gaming segment. The [more…]
Southwest Airlines Stock Sinks on Weak Q2 Results
Revenue and Profit Miss Drive Double-Digit Drop Southwest Airlines saw its stock plunge over 11% after posting second-quarter earnings and revenue that fell short of [more…]
US-Japan Trade Deal Sets New Framework for Tariffs
Trump Announces Major Trade Pact With Japanese Government President Donald Trump unveiled a landmark trade agreement with Japan, calling it one of the most significant [more…]
US Home Sales Slip Again as Rates Hold Buyers Back
June Sales Miss Expectations Amid High Mortgage Pressure Sales of previously owned homes fell sharply in June, as high mortgage rates continued to weigh on [more…]
