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Asia Markets Mixed, Europe Advances, Gold Hits Record High On Safe-Haven Demand – Global Markets Today While US Slept
On Friday, U.S. markets closed lower after Trump announced reciprocal tariffs and weak economic data. S&P 500 sectors all fell, while European markets opened optimistically. Gold hit record highs amid trade war concerns. read more
Nokia Taps Intel’s AI Executive As New CEO – Details
Nokia announces a leadership change. CEO Pekka Lundmark will step down in March 2025. Justin Hotard, with over 25 years of tech industry experience, will succeed him on April 1, 2025. read more
Mark Zuckerberg’s Meta May Launch 6 New AI Wearables This Year: Report
Meta Platforms Inc. (NASDAQ: META) is planning to roll out six innovative wearable devices powered by AI launching in 2025., as revealed in an internal memo from CTO, Andrew Bosworth. read more
Tariffs Are ‘The Only Way’ To Fund Tax Cuts Without ‘Deficit Expansion’, Argues Expert As It Takes Center Stage In Donald Trump’s Economic Plan
As Donald Trump unveils his economic plans, Craig Shapiro argues that tariffs are the “only way” to fund tax cuts without deficit expansion. read more
Wall Street’s Ethereum Short Positioning Skyrockets — The ‘Extreme’ Positioning Has Caused ETH To Underperform Bitcoin, Says Analyst
Ethereum (CRYPTO: ETH) witnessed an unprecedented jump in bearish bets by Wall Street hedge funds, limiting the second-largest cryptocurrency’s upside potential. read more
JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution: Maryland Senator Says He Will Ensure It Continues To ‘Fight For Consumers’
CFPB’s operations were suspended which is likely to provide relief to many financial companies currently facing enforcement actions. read more
Google DeepMind CEO Calls DeepSeek AI ‘Best Work’ From China, But Says Hype Is Overblown: ‘There’s No Actual New Scientific Advance’
Google DeepMind CEO, Demis Hassabis, has commended the AI model of Chinese firm, Deepseek, describing it as “probably the best work” to have surfaced from China. While Hassabis praised DeepSeek’s model, he clarified that it did not constitute a significant technological breakthrough. read more