Tag: United States
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‘Magnificent 7′ stocks’ rough June pushes them into the red for the year. What’s behind the decline
The group — which Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon — shaved off roughly $2 trillion in market cap during June.
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GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors’ second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
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Palantir’s Karp bashes OpenAI, Anthropic token model: ‘Something has gone completely wrong’
Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing
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Trump defends earning more than US$1 billion on crypto
US President Donald Trump on Wednesday (Jul 1) defended earning around US$1.2 billion from his family’s cryptocurrency activities last year, saying “everybody’s profiting” from his time in power.”You know why I’m
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Singapore set to buy additional Hellfire missiles after US approves proposed US$22.3 million package
The Republic of Singapore Air Force’s (RSAF) AH-64D Apache Longbow attack helicopters are armed with Hellfire missiles.
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U.S. auto industry faces more uncertainty without extension of USMCA trade deal
A major issue for automakers is the deal’s rules of origin, which determine where a product comes from and which goods are eligible for preferential treatment.
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Bulls are betting big on this global ETF that’s deep in a bear market
U.S. stocks just keep winning, with the Nasdaq closing out its best quarter since 2020. Across the globe in China, things couldn’t be more different.
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US and Iran enter technical talks to secure peace deal, restart shipping
DOHA: The US and Iran held technical talks in Doha on Wednesday (Jul 1) as they seek to agree on the flow of shipping through the Strait of Hormuz and secure a lasting ceasefire, a source with direct knowledge of the talks and an Iranian official said.US President Donald Trump’s son-in-law Jared Kushner and e
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