Microsoft announced it will cut 6,000 jobs globally, about 3 percent of its workforce, as part of a broader push to streamline operations and accelerate its AI transition.
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Bill Ackman called China’s proposal for a 90-day tariff pause a sign that “the rift is healing,” following recent moves by both nations to ease trade tensions.
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Donald Trump, Mr. "I Don't Need a Teleprompter," is reading off of his script at the state dinner in Qatar.
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Donald Trump is having a meltdown about ABC News asking him about the jet that Qatar is giving him.
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Donald Trump boards the $400M luxury jet, that the Qatar government "gifted" him - for the first time.
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Breaking: The US and China have reached a trade agreement on a 90 day pause.
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Boom !! China To Lower Tariffs On Us Goods To 10% From 125% For 90 Days. US To Cut Tariffs On Chinese Goods To 30% From 145% For 90 Days.
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'“Never bet against America” captures a time-tested truth: The U.S. economy is unstoppable,' US Treasury Scott Bessent has said.
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US officials said they reached a 'deal' with China to cut the trade deficit, but offered no details as two days of negotiations concluded in Geneva.
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Bill Gates is giving away nearly all of his $200 billion wealth, leaving only one per cent for himself, as he shuts down the Bill and Melinda Gates Foundation.
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Donald Trump named Judge Jeanine Pirro, from Fox News, to be appointed as the interim United States Attorney for Washington D.C.
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$DIS Disney Q2 FY25:
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$UBER Uber Q1 FY25:
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The Trump Administration will rescind the AI diffusion rule.
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Cathie Wood and Ark Invest bought 107,661 shares of Nvidia $NVDA today
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Apple's comments on Google search confirms investors' worst fear --the AI shift is here and google didn't move fast enough.
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Federal Reserve Chair Jerome Powell says that Trump’s tariffs will lead to increased inflation, a slowdown in economic growth and higher unemployment. This is completely self-inflicted and Americans will pay the price for this madness.
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Scott Bessent will meet China's vice-premier He Lifeng in Geneva, but the US Treasury secretary warned the talks would be aimed at lowering tensions and 'not about the big trade deal'.
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Largest US #trade deficit on record: +14% to $140.5bn in March⚠️
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$AMD AMD Q1 FY25: • Revenue +36% Y/Y to $7.4B ($320M beat). • Gross margin 50% (+3pp Y/Y). • Operating margin 11% (+10pp Y/Y). • Non-GAAP EPS $0.96 ($0.03). • Q2 rev. guidance ~$7.4B ($0.2B beat).
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Warren Buffett on investing in stocks vs. real estate: “In a real estate deal every sentence is as important as a person. In stocks, if somebody needs to sell 20,000 shares of Berkshire, and they call us and the price is right, it’s done in 5 seconds.”
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Notes from Berkshire Hathaway Annual Meeting 2025 Wit, Wisdom and the Warren Buffett Way
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“Our old relationship with the United States is over.” Canadian Prime Minister Mark Carney’s Liberals have won the election. Carney told his supporters he would renegotiate Canada’s relationship with the US and forge new alliances.
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