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Jamie Dimon Sounds Alarm On ‘Enemy Within,’ Shrugs Off China Concerns
Dimon, CEO of JPMorgan, expressed concerns about internal challenges facing the U.S., overshadowing tensions with China. He stressed the need to address mismanagement issues for 3% annual growth. read more
Elon Musk’s $175 Billion In DOGE Cut Falls Far Short Of The Billionaire’s Goal: ‘Expect To Achieve Over Time The Trillion Dollars Of Savings,’ Says Tesla CEO
Elon Musk ended his controversial DOGE role with praise from Trump, despite DOGE falling far short of its $1 trillion savings goal. read more
Cathie Wood’s Ark Invest Continues To Offload Tesla As Elon Musk Moves On From Trump Administration
Ark Invest made significant trades in TSLA, TXG, NTLA, DDD, and ADPT. Purchase of TXG and NTLA from ARKG and ARKK funds, and sale of TSLA, DDD, and ADPT from various funds. read more
China’s Rare-Earth Magnet Restrictions Threaten Auto Production, Could Result In ‘Shutdown Of Assembly Lines:’ Report
Global automakers fear shortage of rare-earth magnets from China could lead to factory closures within weeks. read more
President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report
Trump’s $18.8 billion budget proposal for NASA includes $1 billion for Mars initiatives, involving private companies. read more
Elon Musk Lobbies For Support From Lawmakers On Legislation For Self-Driving Cars: Report
Elon Musk lobbies for federal support on autonomous vehicles, while preparing to launch Tesla’s Robotaxi service in Austin on June 12. read more
Google’s Monopoly Case Takes A Turn As Judge Considers Lighter Remedies Amid Rising Competition From AI Rivals Like OpenAI And Perplexity
A federal judge signaled he may ease proposed antitrust penalties on Google, citing rapid advances in AI and rising competition from ChatGPT and other next-gen search alternatives. read more
