US stock-index futures plummeted sharply, while oil prices surged overnight after President Donald Trump announced heavy tariffs on imports from Canada, Mexico, and China. Analysts say the sweeping levies, including 25% tariffs on Canadian goods, 10% on energy products from Canada, and an additional 10% tariff on Chinese goods, will send shockwaves through investors. The … Read more
Nobel laureate Eugene Fama has expressed his skepticism about Bitcoin’s long-term survival, predicting that it has a close to 100% probability of becoming worthless within the next decade. Fama argues that Bitcoin’s extreme volatility, lack of intrinsic value, and violation of basic monetary principles make its long-term survival unlikely. Fama, pioneer of the efficient market … Read more
Meta CEO Mark Zuckerberg has expressed confidence in his company’s AI investment plans despite China’s DeepSeek AI models’ recent innovations. Despite acknowledging the potential benefits of rival companies, Zuckerberg believes investing heavily in capital expenditures and infrastructure will be a strategic advantage for Meta over time. The company reaffirmed its plan to spend between $60 … Read more
US President Donald Trump’s administration has ordered a shutdown of the US Agency for International Development (USAID), according to billionaire adviser and Tesla CEO Elon Musk. Musk said in a live session on Monday that he spoke with the president and secured his agreement to shut down the agency. The move comes after two top … Read more
China’s factory activity growth slowed in January, with the Caixin/S&P Global manufacturing PMI falling to 50.1 from 50.5 in December, according to a private-sector business survey. This marks a four-month low and missed analysts’ forecasts. However, the reading still indicates growth. The smaller Caixin survey showed an acceleration in manufacturing production and a significant increase … Read more
Ripple’s cryptocurrency XRP saw a significant drop in value on Sunday, falling 10.40% to $2.6573. This is the largest one-day percentage loss since December 9, 2024. As a result, XRP’s market cap decreased to $156.0913B, accounting for 4.74% of the total cryptocurrency market cap. XRP’s price range over the past 24 hours was between $2.6573 … Read more
As Apple prepares to launch its long-awaited iPhone SE, it’s essential to consider why this phone could be one of the best options in 2025. The upcoming smartphone will feature Apple’s implementation of artificial intelligence (AI), which will play a significant role in shaping the iOS and Android ecosystems. Apple is catching up with competitors … Read more
Thousands of Germans took to the streets across the country on Saturday to protest against the conservative party’s move to pass legislation with help from the far-right Alternative for Germany (AfD). The protests, which were initially expected to be small, turned violent in some cities. In Frankfurt, police officers were attacked by protesters, while in … Read more
US tech giant OpenAI has unveiled a new tool called “deep research” ahead of high-level meetings in Tokyo. The move comes as China’s DeepSeek chatbot heats up competition in the AI field. Artificial intelligence newcomer DeepSeek has sent Silicon Valley into a frenzy with its high performance and low cost, prompting calls for US developers … Read more
As a business owner, I’ve witnessed the immense potential of artificial intelligence (AI) in data analytics. With increasingly vast amounts of data, organizations can unlock valuable insights to drive growth and innovation. However, accessing this information remains a challenge, particularly for non-tech-savvy team members. Implementing AI-driven data analytics can help bridge this gap. The key … Read more