Photo: David Paul Morris/Bloomberg via Getty Images Last week, President Donald Trump announced extensive tariffs (a.k.a. taxes) on imported goods, including a 10 percent general tariff on all imports and tailor-made rates on certain trade partners like China, with a 34 percent tariff and subsequent threat of an additional 50 percent tariff, and a 10…
FILE – A TikTok sign is displayed on top of their building in Culver City, California (AP Photo/Richard Vogel, File) The White House is pushing hard to broker a deal that would see the Chinese short-video app TikTok sold to an American company, aiming to eliminate any chance of the mainland using it to snoop…
The premiums afforded once untouchable “Magnificent Seven” stocks continue to evaporate as Trump tariff concerns pound global markets. Price-to-earnings ratios — which measure how much an investor is willing to pay for the company’s future earnings — for the Magnificent Seven have plunged across the board, according to new data from Creative Planning chief markets…
President Donald Trump criticized China on Friday, saying it “played it wrong” and “panicked”, after China announced retaliatory tariffs which sent U.S. stock markets tumbling.The Dow closed down 2,200 points on Friday, with the S&P dropping 6% and the Nasdaq falling 5.8%.This rapid rate decline put the stock market at risk of triggering a circuit…
The White House really wants to get a deal to sell Chinese short-video app TikTok to a US company and remove all possibilities of the Mainland using it as a way to spy on Americans. Except, apparently, one Big Tech firm that Team Trump isn’t so keen on: Online retail giant Amazon, On The Money…
Amazon has put in a last-minute bid to buy TikTok as the April 5 deadline determining the popular video app’s fate quickly approaches. Jeff Bezos’ e-commerce giant has joined an unnamed list of buyers that President Donald Trump has said are interested in acquiring the popular app. In 2024, TikTok was the most popular app…
Jeff Bezos-led Amazon has put in a last-minute bid to buy TikTok, news agency Reuters reported, citing a US administration official. The offer comes days before the April 5 deadline for the video application to find a non-Chinese buyer or face a ban in the United States. Neither Amazon nor TikTok parent ByteDance have issued…
IonQ (IONQ, Financials) made its Forte Enterprise quantum computer globally available through Amazon Braket, a managed quantum service from Amazon Web Services, and IonQ’s own cloud infrastructure, the company said in a statement. The Forte Enterprise system, which provides AQ36 algorithmic qubit performance, is IonQ’s latest commercial-ready quantum offering and is aimed at enabling the…
Billboard Women in Music 2025 Jeff Bezos is making headlines in Italy, where the Amazon founder and executive chair plans to marry Emmy-winning journalist, pilot and entrepreneur Lauren Sánchez this summer. Bezos and Sánchez were spotted in Venice on Tuesday making preparations for the three-day celebration that Luca Zuin, a spokesperson for the mayor of Venice,…
Nvidia headquarters on May 21, 2024 in Santa Clara, California.Photo: Justin Sullivan (Getty Images) In This Story The market’s highest-performing tech stocks all slid on Monday morning amid worries over President Donald Trump’s tariffs. Gap is betting Old Navy and AI will help solidify its position in retail Tesla (TSLA-5.84%) was down by more than…