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NATO’s New 5% Target For Defense A Win for Trump; Carney Turns To Critical Minerals
NATO agreed to increase defense spending to 5% of GDP by 2035, with a 3.5% floor for core defense spending and 1.5% for related areas. This is a major win for Trump and commitment to emerging technologies. read more
General Motors Recalls Over 62,000 Vehicles For Brake Issue That Could Potentially Result In A Fire: Report
GM recalls over 62,000 vehicles in the US due to brake sensor issue, cites unauthorized chemical used by supplier. read more
Micron CEO Cautions AI Boom May Not Be Fully Sustainable, Flags Tariff-Driven Demand Pull-In
During Micron Technology Inc.’s (NASDAQ: MU) third quarter results, the company’s CEO, Sanjay Mehrotra, warned investors that not all of the AI-fueled demand surge may be sustainable. read more
Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation – Global Markets Today While US Slept
US markets closed mixed on Wednesday, tech shares lifted Nasdaq while S&P 500 remained flat. Fed Chair Powell reiterated wait-and-see approach. Asian markets mostly up, European markets also positive with oil prices steady. read more
BYD Denies Production Cutbacks Amid EV Price War, Says Output Remains Stable: Report
BYD’s production remains stable amid Chinese EV price war, despite earlier reports. BYD overtakes Tesla in global EV sales and eyes Europe. read more
US Stocks Likely To Open Higher Despite Powell’s Tariff-Induced Inflation Warning: Walgreens, Nike In Focus Ahead Of Earnings
U.S. futures rose on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. read more
Microsoft’s New AI Lab Powers Wisconsin Manufacturing
Microsoft Corp (NASDAQ: MSFT) partners with WEDC, UWM, and TitletownTech to open an AI Co-Innovation Lab for manufacturing innovation in Wisconsin. read more
Trump’s ‘Big Beautiful Bill’ To Inject $150 Billion Into Immigration Enforcement Over The Next Four Years: Report
President Donald Trump is reportedly pushing for a $150 billion spending cut to fund his immigration enforcement agenda, a move that could significantly reshape the U.S. immigration system. read more
Amazon CEO Andy Jassy Warns Of AI-Driven Workforce Reduction — AMZN ‘Won’t Keep Everyone,’ Says Ex-VP Ethan Evans In Warning To Employees
Amazon.com Inc. CEO Andy Jassy’s recent announcement said artificial intelligence will shrink the company’s corporate workforce. read more
White House Official Says Trump Administration Is Committed To Bitcoin, Hints At ‘Accumulation Plan’ For Strategic Reserve
Patrick Witt, deputy director of the White House Council on Digital Assets, said Wednesday that the administration is pursuing a “accumulation plan” to acquire Bitcoin (CRYPTO: BTC) for the strategic national reserve. read more