Gary Black Expects Consumers And Businesses To Cut Spending Ahead Of Earnings Season, Warns Of A ‘Lasting Damage To The Economy’
Investor Gary Black has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to cut spending. read more
Lucid Wins Nikola Bankruptcy Auction, Buys Nikola Facilities for $30 Million To Boost US EV Production
Lucid Group, Inc (NASDAQ: LCID) to acquire facilities and assets previously owned by Nikola Corp in Arizona for $30M, not including business or tech. Deal subject to approval. Will offer jobs to over 300 former Nikola employees. read more
Seth Klarman Once Said ‘Productive Worrying’ Is A Good Habit To Help Get A Measure Of ‘Risk’ — Here’s What He Meant
Seth Klarman emphasizes importance of assessing investment risk beyond returns. Productive worrying and introspection can safeguard against losses. read more
China’s $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership
China sets up $8.2 billion fund for AI projects, signaling its determination to lead the global race. It comes amid trade tensions and focus on tech self-sufficiency. read more