The notion of a fully autonomous vehicle has been painted as a golden future by some of the brightest minds in technology, most notably the enigmatic Elon Musk. For nearly ten years, Musk has promised investors the imminent arrival of Tesla’s robotaxis—vehicles capable of traversing the open road sans human input—all hinging on a game-changing
Enterprise
The announcement of President Donald Trump’s “reciprocal” tariff policy sent shockwaves through economic circles and political arenas alike. This convoluted strategy introduced a uniform 10% tariff on nearly all countries while imposing draconian tariffs on specific nations like China, Vietnam, and Taiwan. At a Rose Garden ceremony, Trump paraded a poster laden with figures intended
In a bold move on a seemingly ordinary Wednesday, President Donald Trump signed an executive order terminating the popular de minimis trade exemption—effective May 2. This decision is monumental, as it slams the door on a loophole that has allowed online shoppers to import goods valued under $800 duty-free. The abrupt action raises alarms, rattling
In recent days, the financial market’s stability has been rocked significantly due to President Donald Trump’s sweeping new tariffs on imported goods, leading to a staggering 6% drop in Apple’s stock during after-hours trading. This decline doesn’t merely represent a fluctuation; it showcases the intricacies of global trade dynamics and the potential fragility of the
The recent announcement of Circle’s initial public offering (IPO) has stirred considerable debate and speculation within the financial landscape. As one of the prominent figures in the cryptocurrency sector, Circle aims to capture a market valuation of up to $5 billion by listing on the New York Stock Exchange under the ticker symbol CRCL. However,
Cerebras Systems, a formidable player in the artificial intelligence (AI) chip arena, recently obtained a green light from the Committee on Foreign Investment in the United States (CFIUS) for a share sale to Group 42, an AI firm backed by Microsoft and based in the UAE. This development marks a significant milestone not just for
The ongoing saga of Elon Musk and his business maneuvers continues to unfold in a way that raises eyebrows from even the staunchest defenders of capitalism. When a proposed class-action lawsuit against him and his financial entity Excession was allowed to proceed in federal court, Musk’s reputation as an invincible tech mogul took yet another
In a move that has sent shockwaves across the technology landscape, Elon Musk announced the merger of his artificial intelligence company, xAI, with the social media platform X (formerly Twitter) in a transaction valued at $113 billion. This audacious melding of forces not only paints an ambitious picture of Musk’s vision for the future but
In a landscape marked by uncertainty, Google’s monumental decision to acquire Israeli cybersecurity startup Wiz for an astounding $32 billion signals a seismic shift in the mergers and acquisitions (M&A) climate. While the IPO scene has languished since the dizzying highs of 2021, this deal exemplifies not only a renewed appetite for M&A activities, but
As President Donald Trump takes another bold step with his announcement of a 25% tariff on all foreign-made cars, it becomes imperative to dissect the broader implications of such a move. This decision doesn’t merely serve as a blusterous proclamation; it is a strategic play that intertwines economic nationalism with the ambitious goals of American