(Bloomberg) — Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing. Most Read from Bloomberg Huang said open-source Chinese AI models were helping the rest of the world during a fireside chat with Wang Jian, a former Alibaba Group executive…
(Bloomberg) — The looming impacts of tariffs will be in focus for a second-straight earnings season, prompting investors to position for more volatility. Most Read from Bloomberg Trade tensions have ratcheted up again as US President Donald Trump threatens higher levies on a slew of trading partners — including 50% on Brazil and 30% on…
Bill Gates is giving it all away. The megabucks Microsoft founder’s fortune has plunged a staggering $51 billion in a few days because he’s ramped-up his charitable donations, according to the Bloomberg Billionaire index. Once the richest man on earth, Gates’ net worth fell to a measly $124 billion on Thursday – a steep drop…
(Bloomberg) — In just three months, US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America’s report cards justify the optimism priced into equity markets. Most Read from Bloomberg Expectations aren’t high: Wall Street is bracing for the weakest earnings season since mid-2023. Analysts…
(Bloomberg) — Meta Platforms Inc (META). has completed a deal to acquire PlayAI, a small artificial intelligence startup focused on voice technology. Most Read from Bloomberg The “entire PlayAI team” is set to join Meta next week, according to an internal memo that was reviewed by Bloomberg. The PlayAI group will report to Johan Schalkwyk,…
(Bloomberg) — SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker around $400 billion, people familiar with the matter said. Most Read from Bloomberg The valuation would mark a significant premium to the $350 billion high-mark set during SpaceX’s share buyback…
(Bloomberg) — Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives. It’s engineered to turn a publicly traded fund into a tax-minimizing machine that hums quietly on autopilot. Most Read from Bloomberg Invest in Gold Powered by Money.com – Yahoo may earn commission from the links above. While…
Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit demand in the US and China. Mercedes’ global car sales fell 9% to 453,700 units from a year earlier, the German company said Monday. Sales dropped 12% in the US and 19% in China —…
(Bloomberg) — India has temporarily barred Jane Street Group LLC from accessing the local securities market for alleged index manipulation, dealing a severe hit to the US firm that made $4.3 billion in trading gains there in more than two years. Most Read from Bloomberg The Securities and Exchange Board of India said it would…
Updated Jul 5, 2025 20:44 IST Bill Gates is no more world’s top 10 billionaire. Image: facebook.com/BillGates/ ET Now Digital Bill Gates Net Worth : Microsoft cofounder Bill Gates is no longer the top 10 richest people in the world as he lost USD 52 billion in net worth. As per Bloomberg, Gates’ net worth…