The Gates Foundation Trust, founded by the billionaire Bill Gates, has a portfolio valued at $41.806 billion, which is concentrated in these three stocks as of the end of the first quarter of 2025. What Happened: The foundation has received donations from Gates and the Oracle of Omaha, Warren Buffett, since the year 2000 and…
Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. AAPL CEO Tim Cook, citing a pattern of “influence-peddling” between the iPhone-maker and the Donald Trump administration over the trade negotiations with China. Amid escalating trade tensions between the U.S. and China, tech bull Dan Ives thinks the time is “ticking” for trade deals as Wall Street reels from the aftermath of a tug-of-war between the world’s…
The White House is set to hold a meeting with key officials to discuss the future of TikTok, as the app faces an April 5 deadline to secure a non-Chinese buyer or face a potential U.S. ban. China announced a series of retaliatory measures on Friday in response to President Donald Trump‘s tariffs on Chinese goods, escalating the…
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…
The world’s top tech billionaires saw their fortunes plummet on Monday as markets tumbled, with the Magnificent Seven tech giants shedding approximately $780 billion in market capitalization during a single trading session. What Happened: According to the Bloomberg Billionaires Index, Tesla Inc. TSLA CEO Elon Musk led the losses, with his net worth dropping from…
ByteDance’s TikTok committed $8.8 billion in data centers in Thailand over five years, Reuters cited VP Helena Lersch on Friday. Prior reports indicated Nvidia Corp NVDA eying investments in Thailand after Alphabet Inc GOOG GOOGL Google and Microsoft Corp’s MSFT move as Southeast Asia becomes a hub for artificial intelligence data centers and component manufacturing. Thailand has attracted…
Jeff Bezos-Backed Anthropic, an artificial intelligence (AI) developer, has filed a plea with a federal court to dismiss a U.S. government proposal that would prevent Alphabet Inc.‘s GOOGL GOOG Google from investing in AI startups. The proposal is intended to address Google’s alleged monopolization of the online search market. What Happened: Anthropic, in a court filing on Friday,…
The White House said the National Security Council is reviewing the implications of DeepSeek, a Chinese AI firm. The review comes amid fears of intellectual property theft, a concern raised by David Sacks, the White House’s AI and crypto czar. Meta Platforms Inc. META CEO Mark Zuckerberg is reportedly considering purchasing a property in Washington DC as part of his strategy…
The AI-driven market surge has hit troubled times and JPMorgan analyst Jason Hunter is telling investors to be cautious. Recent bear gaps in AI stocks have cracked short-term trend support, leaving tech darlings like Nvidia Corp (NVDA), Broadcom Inc (AVGO) and Marvell Technology Inc (MRVL) looking vulnerable. But before VOO investors start sweating, there’s a…
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,…