Alibaba’s Joseph Tsai Says ‘Everyone Is Concerned About Tariffs,’ As He Expects Levies On Chinese EVs
Alibaba chairperson, Joseph Tsai said that everyone was concerned about the tariff battle between the economic powerhouses of the world. read more
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US Recession Risk Surges To 35%, Pimco Cautions On Economic Fallout From Trump’s Tariffs
The odds of a US recession occurring in 2025 have escalated due to the imposition of tariffs, as per Alec Kersman, managing director and head of Asia-Pacific at Pimco. read more
Apple Doubles Down On Vision Pro With Metallica Concert Experience: But Can Rock Legends Save A $3,499 Headset That’s Already Being Scaled Back?
Apple is betting on a new immersive Metallica concert to reignite interest in its $3,499 Vision Pro headset. read more
Trump Restores Ukraine Aid After Threatening ‘Large-Scale’ Sanctions On Moscow, But Russian Lawmaker Rejects Ceasefire Terms: Defense Stocks Fall
The United States will immediately lift its pause on intelligence sharing and resume security assistance to Ukraine. read more
Billionaire Howard Marks Prefers Credit Over Equity Amid Falling Market: ‘Yields Implies Higher Returns From Credit Than The S&P 500’
Billionaire investor Howard Marks underscores how private debt offers higher returns than the S&P 500 index amid elevated valuations. read more
Elon Musk Challenges Judge’s Decision, Seeks Reinstatement Of Record $56 Billion Tesla Payout
In a bid to regain his $56 billion compensation, Elon Musk filed an appeal challenging a lower court’s decision to overturn the record payout from Tesla Inc. (NASDAQ: TSLA). Musk contends that the judge committed several legal errors in the ruling. read more
Ronald Reagan Warned That Tariffs Destroy Prosperity — Trump Is Doubling Them Anyway, And Now US Tech Giants Like Apple And Nvidia Are Bracing For Impact
Former President Ronald Reagan warned that tariffs “destroy prosperity,” but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that’s now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla. read more
Elon Musk Says Tesla Will Double US Production in 2 Years After Trump Backs EV Giant Amid Stock Slump
Elon Musk announces plans to double Tesla vehicle production in US in 2 years, citing support for Trump’s policies and confidence in the US. read more
Trump’s 25% Tariffs On Steel And Aluminum Imports Take Effect, EU Retaliates: US Steel, Nucor, Century Aluminum And Other Domestic Stocks Cheer
The 25% tariffs on steel and aluminum imports imposed by U.S. President Donald Trump have now taken effect, triggering a swift retaliation from the European Union. read more