Xiaomi is making a huge move to create its own technology. The company is putting 50 billion yuan, which is about 6. 9 billion dollars, into making its own chips over the next decade. This is a big deal because it shows that Xiaomi is serious about not relying on other countries for important parts
The largest bank in the US is making a surprising move. Jamie Dimon, the CEO of JPMorgan Chase, has done a complete 180 on his stance towards bitcoin. This news came out during the bank's annual investor meeting. Dimon is known for his strong opinions, and he has been quite critical of bitcoin in
The Trump family is diving headfirst into the crypto world. This has sparked serious concerns about ethics and potential corruption. Donald Trump and his sons have been aggressively expanding their crypto ventures. These ventures have already raked in billions of dollars from investors, inc
A significant shift is happening in the steel industry. The spotlight is on a potential alliance between US Steel and Nippon Steel. This could bring a substantial boost to the US economy, with an expected $14 billion investment and the creation of at least 70, 000 jobs. The bulk of this investmen
The world of women's sports is getting a serious boost. Alexis Ohanian, a successful entrepreneur and co-founder of Reddit, has made a big splash by investing in women's soccer. He bought a piece of Chelsea FC Women, a top team in England. This move is part of a bigger trend where more people are
Special Purpose Acquisition Companies, or SPACs, are making a comeback. These investment vehicles, which were popular during the pandemic, are back in the spotlight. This time, they come with a twist. Many of the latest SPAC deals have ties to former President Donald Trump or his associates. So, wh
A major shakeup is happening on Wall Street. Howard Lutnick, who is now the commerce secretary, is selling his shares in two big companies. He is doing this to follow the rules set by the U. S. government. The two companies are BGC and Newmark. Lutnick is selling his shares for a total of $361 mill
Apple's AI journey has been bumpy, to say the least. The tech giant is now focused on revamping its AI assistant, Siri. This effort is part of a broader strategy to catch up in the AI race. The company's initial approach to AI was cautious, to put it mildly. Top brass were hesitant to invest heavily
AI technology has come a long way in recent years, and the best is yet to come. The AI market is expected to grow rapidly, with an annual growth rate of nearly 20% through 2034. This growth presents exciting opportunities for investors. But where should they look? Let's dive into three companies tha
The Gulf States pulled out all the stops for a recent visit by a US President. They had big hopes. Saudi Arabia, Qatar, and the UAE wanted to show they were open for business and back in the good books with the US. They wanted to shift their relationship from just oil-for-security to something more
