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Palantir CIO On Cutting IT Team By 60%: ‘Abolish The IT Organization’ To Drive Agility And Innovation
Palantir Technologies is redefining corporate IT infrastructure through a radical approach that has dramatically reduced its IT team. read more
Over 7 Million Vehicles Could Face The Brunt Of Trump’s Auto Tariffs: ‘This Could Drive…The Auto industry Into Recession’
The U.S. auto industry is on the brink of a significant shakeup as a 25% tariff on imported vehicles looms, according to an industry expert. read more
Trump Reacts To Selloff Following Auto Tariffs: ‘That Can Take Care Of Itself In One Day, Two Days, Or One Week’
As Donald Trump’s auto tariffs pulled the markets down, he shrugged off the selloff worries, saying that markets can “take care of itself”. read more
Walmart Suffers $22 Billion Valuation Drop On A Single Day Amid Declining Consumer Confidence
Walmart Inc. (NYSE: WMT) has witnessed a massive $22 billion loss in market capitalization following declining consumer confidence data. read more
Nvidia And Apple Supplier Foxconn To Present EV Plans At Japan Seminar Following Mitsubishi Deal: Report
Foxconn Technology Group, also known as Hon Hai Precision, is poised to make significant strides in the electric vehicle market, announcing a strategic seminar in Japan on Apr. 9 to demonstrate its manufacturing capabilities and court potential automotive partnerships. read more
Elon Musk’s DOGE Service Team Member Tied To Cybercrime Group: Report
Edward Coristine, a key figure in Elon Musk’s U.S. DOGE Service team, has been linked to a cybercrime group, according to a recent investigation. read more
Ontario Premier Doug Ford Supports Retaliatory Tariffs Amid US Auto Levy: ‘Inflict As Much Pain As Possible’
Doug Ford supports retaliatory tariffs against Trump’s proposed 25% tariff on auto imports, urges PM Carney to gather premiers. read more
S&P 500, Nasdaq 100 Trackers SPY And QQQ Below 200-Day Average As Tariff Concerns Continue To Trouble Markets
ETFs tracking the S&P 500 index fell again, whereas the one tracking the Nasdaq 100 continues to remain below its 200-day average. read more