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Nvidia, TSMC Stocks Fell As Trump Hit Mexico, Canada, And China With Tariffs—But Top Analyst Sees Only ‘Limited’ Supply Chain Impact On Chips
Tech stocks slumped Monday after President Donald Trump imposed tariffs on Canada, China, and Mexico, but Wedbush analyst Dan Ives downplayed the immediate supply chain impact on Nvidia and TSMC, calling it part of a “high-stakes poker” game between the U.S. and China. read more
Cathie Wood’s Ark Invest Dumps Lockheed Martin Shares, Swoops Up Stock Of This Satellite Phone Provider
On Monday, February 3, Cathie Wood-led Ark invest sold shares of Lockheed Martin and Reddit and purchased Iridium stock. read more
Salesforce Cuts 1000 Jobs But Ramps Up Hiring For AI Sales Roles
Salesforce Inc. is reportedly slashing 1,000 jobs as its latest fiscal year begins, Bloomberg reported on Monday, citing sources. Simultaneously, the company is hiring 2,000 employees for sales roles to promote its artificial intelligence products, according to CEO Marc Benioff’s announcement in December. read more
Aravind Srinivas, CEO Of Jeff Bezos-Backed Perplexity, Reveals Why Most Startups Fail: ‘The Thing That Most People Get Wrong…’
Aravind Srinivas, CEO of Perplexity AI, warns that most startups fail because founders chase market trends rather than solving problems they are truly passionate about, leading to inevitable burnout and failure. read more
Elon Musk Appointed As ‘Special Government Employee’ Amid DOGE Department Push: ‘Can’t Do Anything Without Our Approval,’ Says Trump
The White House has appointed Elon Musk, the wealthiest individual globally, as a “special government employee.” This designation allows Musk to be employed by the federal government while potentially sidestepping certain disclosure rules. read more
Musk DOGE Partner Marjorie Taylor Green Goes After NPR, PBS — Is The Department Of Education Next?
DOGE targets NPR, PBS for biased coverage according to Marjorie Taylor Greene, who also criticizes Musk for replacing government workers with loyalists. read more
Kalshi, Crypto.com Super Bowl Contracts Under Regulatory Scrutiny
The Commodity Futures Trading Commission launched an inquiry on Monday into Crypto.com and Kalshi on how the companies’ Super Bowl event contracts comply with derivatives regulations. read more
Jimmy Carter Beats George Clinton, Dolly Parton, Barbra Streisand For Grammy Award Months After Death, Nearly Makes History
Former President Jimmy Carter posthumously won another Grammy Award Sunday. Here’s a look at how Carter almost made history. read more
Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau after being selected as the acting director of the agency by President Donald Trump. read more