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Short Seller Jim Chanos Slams Trump’s Reindustrialization Hopes: Says $3-Per-Hour Apple Supplier Foxconn Workers Were ‘Too Expensive’ — Questions If ‘Those Jobs Are Coming Back’
Prominent short seller Jim Chanos has challenged the U.S. government’s manufacturing aspirations, highlighting the economic realities keeping iPhone production overseas. read more
Apple Executive ‘Outright Lied,’ Says Judge In Epic Case Fallout — Tim Cook ‘Chose Poorly’
A U.S. District Judge found Apple in contempt of court for evading a 2021 injunction related to its App Store payment practices, accusing the company of lying under oath and withholding key documents, while also referring the matter for potential criminal contempt charges. read more
Elon Musk Will Remain Tesla CEO For ‘At Least 5 Years,’ Says Dan Ives As Company Calls Replacement Rumors ‘Absolutely False’
Wedbush Securities’ Dan Ives believes Elon Musk will remain as Tesla CEO despite uncertainty around the billionaire’s future. read more
Sam Altman’s Crypto Project Unveils AI-Spotting Gizmo, Brings ‘World’ To The US
Nearly two years after its launch, World (CRYPTO: WLD), co-founded by OpenAI CEO Sam Altman, debuted in the U.S. on Thursday. The decentralized identity verification project also unveiled a new smartphone-like device for identity verification and a debit card to make WLD payments. read more
Eli Lilly Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
Latest Ratings for LLY Date Firm Action From To Feb 2022 Morgan Stanley Maintains Overweight Feb 2022 Mizuho Maintains Buy Jan 2022 Morgan Stanley Maintains Overweight View More Analyst Ratings for LLY View the Latest Analyst Ratings read more
Microsoft Plans To Leverage A ‘Malleable Resource’ To Thrive In A Recession, Satya Nadella Explains
Microsoft plans to leverage its cloud services and customer-centric solutions to not only survive a recession but also grow by helping businesses manage economic challenges. read more
‘Dr Doom’ Sees US Potential Growth At 4% By 2030 Despite Possibility Of Trump Tariffs Triggering A Brief Recession: ‘Exceptional Growth’ Around The Corner?
Economist Nouriel Roubini believes Trump’s tariffs will sting in the short term but won’t stop America’s growth, thanks to tech and market pushback. read more
El Salvador Committed To Buy Bitcoin Despite IMF Requirement, Says Minister— ‘Important Project’ Started By Nayib Bukele
El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. read more
Mark Zuckerberg Doesn’t Believe That AI Market Will Follow Search’s ‘Winner Takes Most’ Model — Meta CEO Predicts Multiple Specialized AIs For Work And Play
Mark Zuckerberg predicts that the future of AI will involve multiple specialized tools for different tasks, rather than a “winner takes most” model, as seen in the search engine industry. read more