category: Global – Charm

Trump And Xi Jinping’s Tariff Threats May Be ‘Just For The LOLz,’ Says Analyst: ‘It’s Not Like This Is A Great Financial Crisis’ – Carrier Global (NYSE:CARR), Apple (NASDAQ:AAPL)

Cs news1 week ago06 mins

Despite growing concerns about renewed trade tensions between Washington and Beijing, one analyst says the drama may be more performative than policy-driven. What Happened: Marko Papic, chief strategist at BCA Research, downplayed the long-term impact of escalating U.S.-China tariff rhetoric, suggesting that the latest threats may be largely symbolic and unlikely to result in sustained…

China’s $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership

Cs news1 week ago03 mins

China has announced a 60 billion yuan (US$8.2 billion) government-aided fund for jump-starting early-stage artificial intelligence projects, consolidating its ambition to dominate the global AI race. The move comes amidst escalating trade tensions with the U.S. and an increasing country-wide push for technological self-sufficiency. What Happened: Zhang Jianhua from the Ministry of Industry and Information…

Microsoft Co-Founder Bill Gates Praises China As A Pioneer In Solar, Batteries, And AI: Warns Tensions Are Stifling Global Innovation – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)

Cs news3 weeks ago04 mins

Last week, Microsoft Corp. MSFT co-founder and philanthropist Bill Gates lamented the growing divide between the U.S. and China, saying it’s blocking access to critical climate and technology innovations. What Happened: In a wide-ranging interview during an Express Adda event, Gates praised China’s leadership in renewable energy, artificial intelligence, and battery technology, while expressing concern…

China Sets Sights On Apple, Nvidia And Other US Tech Companies As Trade Tensions Rise – Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO)

Cs news2 months ago04 mins

China is looking to target U.S. tech companies in order to gain leverage in trade negotiations with U.S. President Donald Trump. What To Know: According to the Wall Street Journal, Chinese officials are building a list of U.S. tech companies that can be probed over antitrust concerns, including Nvidia Corp NVDA and Alphabet Inc GOOG….

Gary Black Questions Elon Musk’s Take On EV Credit Removal After Tesla Sales Drop In Europe: ‘Not Sure How The Math Works’ – Tesla (NASDAQ:TSLA)

Cs news3 months ago03 mins

Tesla Inc. TSLA faces potential headwinds in the U.S. market as data from Europe shows significant sales declines following electric vehicle subsidy removals, raising concerns about the impact of President Donald Trump‘s planned elimination of the $7,500 EV tax credit. What Happened: Gary Black, managing partner of The Future Fund LLC, highlighted on Monday that…

Wall Street Struggles For Direction, Tesla Flirts With Record Highs, Bitcoin Tumbles Below $95,000: What’s Driving Markets Tuesday? – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Cs news4 months ago4 months ago04 mins

The U.S. stock market lacked direction on Tuesday morning as investors stayed on the sidelines ahead of Wednesday’s release of November inflation data, a critical report that could influence the Federal Reserve’s decision on a potential interest rate cut next week. Large-cap indices hovered near unchanged levels, while small caps slightly outperformed, with the Russell…

Bill Gates Could Go Bankrupt If Tesla Stock Surges 200% To Become The Top Company, Says Elon Musk – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

Cs news4 months ago4 months ago05 mins

Tesla Inc. TSLA CEO Elon Musk quipped on X that Microsoft Corp. MSFT co-founder Bill Gates could face bankruptcy if Tesla becomes “the world’s most valuable company by far,” escalating their long-running dispute over Gates’ short position in the electric vehicle maker. What Happened: The statement comes as Tesla’s market capitalization stands at $1.251 trillion,…

Stellantis Market Value Halves In 2024: Why CEO Tavares’ Exit Could Take Things From Bad To Worse – Stellantis (NYSE:STLA)

Cs news5 months ago07 mins

Stellantis NV STLA’s struggles in 2024 have been nothing short of profound. The company’s stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares. Tavares’ unexpected resignation came more than a year ahead of his planned…

Wall Street Rebounds Without Its AI Darling’s Boost, King Dollar Maintains Dominance While Bitcoin Defies Gravity: This Week In The Markets – General Motors (NYSE:GM)

Cs news5 months ago5 months ago04 mins

Despite widespread anticipation that NVIDIA Corp. NVDA‘s quarterly results would dictate Wall Street’s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling. While the semiconductor titan beat analyst expectations on both earnings and revenue for the third quarter, Nvidia’s stock remained flat for the week….

Apple Ordered By EU To End Geo-Blocking On App Store, iTunes And Other Apps – Apple (NASDAQ:AAPL)

Cs news5 months ago04 mins

The European Union has directed Apple Inc. AAPL to discontinue geo-blocking on its media services. What Happened: The European Commission has identified several geo-blocking practices on Apple’s platforms, including the App Store, Apple Arcade, Music, iTunes Store, Books, and Podcasts. These practices involve restricting content based on a user’s geographical location. The Commission has warned…