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Elon Musk Says 80% Of Tesla’s Value Lies In Robots While China’s UBTech Scores Record Deal, JPMorgan Sees Beijing Firms Leading The Humanoid Boom
Elon Musk doubled down on his robotics vision, predicting that Optimus will eventually represent approximately 80% of Tesla’s total value. read more
Mortgage Rates May Fall Before Fed’s Much-Anticipated September Rate Cut: Here’s Why
Banks may lower mortgage rates before Fed’s Sept. 17 rate cut. 10-year Treasury yield and investor demand for mortgage securities may play a role. read more
Trump Says He’s Making It ‘Very Easy’ For Business As Mark Zuckerberg, Tim Cook And Tech CEOs Recite Investment Pledges
President Donald Trump hosted top tech executives at the White House on Thursday, where leaders including Mark Zuckerberg, Tim Cook, and Sundar Pichai pledged massive U.S. investments while Trump touted his business-friendly agenda and regulatory support. read more
Trump Warns Foreign Chipmakers: Build In US Or ‘We Will Be Putting A Very Substantial Tariff’
President Donald Trump on Thursday said his administration would soon impose tariffs on semiconductor imports from companies that have not committed to shifting production to the United States. read more
Trump Family-Linked World Liberty Financial Blacklists Justin Sun’s Wallet: Tron Founder Says, ‘No Buying Or Selling Was Involved’
A wallet address tied to Tron (CRYPTO: TRX) founder and cryptocurrency billionaire Justin Sun was blacklisted on Thursday after $9 million worth of World Liberty Financial (WLFI) tokens were moved out of the address. read more
Broadcom, Lululemon, Opendoor, Docusign And Neonode: Why These 5 Stocks Are On Investors’ Radars Today
U.S. stocks advanced on Thursday, with the Nasdaq Composite jumping over 200 points, or nearly 1%, to 21,707.69. read more
Cathie Wood’s Swoops In On Figma’s 20% Plunge, Ark Invest Scoops Up Shares Worth $5.9 Million
Ark Invest, led by Cathie Wood, bought 108,238 shares of Figma Inc. (NYSE: FIG) as its stock dropped 20%. Other key trades include selling Roku and buying Intellia Therapeutics. read more