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  • South Korea’s IPO bust clouds equity markets
  • Biggest winners — and question marks — from Roun…
  • Elon suffers another day short of trillionaire status
  • Trump lays out new details on Reflecting Pool 'vandals'
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Technology

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One part of the market might benefit from tariffs

Sagar10 months ago03 mins

U.S. President Donald Trump at an event to announce that Space Force Command will move from Colorado to Alabama, in the Oval Office at the White House in Washington, D.C., U.S., on Sept. 2, 2025. Brian Snyder | Reuters Labor Day in the U.S., which took place Monday, marks the unofficial end of summer —…

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  • Business

Google AI stumbles, ChatGPT emergence changed course of antitrust case

Sagar10 months ago04 mins

When OpenAI rocked the tech world with the launch of ChatGPT in 2022, Google scrambled to roll out what employees called a “rushed,” “botched” and “un-Googley” competitor. Those early stumbles may have been a blessing in disguise. On Tuesday, a federal judge ruled against the most severe consequences that were proposed by the U.S. Department…

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  • Business

Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI

Sagar10 months ago02 mins

Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce has cut 4,000 of its customer support roles, CEO Marc Benioff recently said while discussing how artificial intelligence has helped reduce the company headcount. Benioff revealed the…

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  • Business

Google keeps Chrome but is barred from exclusive search deals

Sagar10 months ago03 mins

Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland on February 13, 2025. Images) Jakub Porzycki | Nurphoto | Getty Images A federal judge ruled Tuesday that Google can keep its Chrome browser but will be barred from…

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OpenAI buys Statsig for $1.1 billion, hires CEO as applications exec

Sagar10 months ago02 mins

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC OpenAI continued its spending spree, announcing on Tuesday that it’s acquired Statsig, a product development startup, for $1.1 billion. Statsig helps…

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  • Business

Bitcoin bucks stock market downtrend but lags gold rally

Sagar10 months ago02 mins

Romain Costaseca | Afp | Getty Images Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record. The price of so-called digital gold rose as much as 2% to reclaim the $111,000 level after dropping over the weekend to a low last seen in July. Spot gold hovered around $3,500…

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Elon Musk says 80% of Tesla’s value will eventually come from Optimus

Sagar10 months ago03 mins

A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk predicted that Optimus robots, which have…

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Microsoft offers US government $6 billion in savings on cloud services

Sagar10 months ago03 mins

President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft has agreed to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on…

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Here are the 2 big things we’re watching in the stock market in this week

Sagar10 months ago08 mins

The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader…

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Alibaba shares jump 19% on cloud unit growth, report of new AI chip

Sagar10 months ago02 mins

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development….

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  • South Korea’s IPO bust clouds equity markets
  • Biggest winners — and question marks — from Roun…
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  • Trump lays out new details on Reflecting Pool 'vandals'
  • Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

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