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Greg Abel’s Doing Things Differently At Berkshire Hathaway, And TSMC’s Sales Jumped 45% Last Month

Warren Buffett’s hand-picked successor is shrinking Berkshire’s giant cash pile, buying stocks, and making a $10 billion bet on Alphabet and AI – whi…

1 month, 4 weeks ago

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The US Economy Unexpectedly Lost Jobs Last Month – And Crude Prices Have Fallen, But Refined Fuel’s Still On The Up

May and June’s figures were worse than originally reported, too, so the Fed’s job just got a little messier – and crude prices are falling, but refin…

2 months ago

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Chinese AI Startup DeepSeek Is Upping Its Prices, And Ad Agency WPP’s Less Bad Results Were Enough To Push Its Stock Up

China’s major AI startup warned users that it’s raising prices, giving American AI companies a bit of breathing room – and WPP’s results weren’t quit…

2 months ago

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Wall Street’s Biggest Lenders Want To Offload AI Data Center Debt – And After Some Strong Earnings, US Stocks Are On The Rebound

Some of Wall Street’s biggest lenders are refinancing loans linked to AI data centers, as concerns about whether their cost is justified persist – an…

2 months ago

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Severe Drought In Europe Is Wreaking Economic Havoc, And European Stocks Are Giving Investors A Break From Tech-Heavy Indexes

The region’s major rivers – transport arteries for some of its biggest industries – are hitting record lows, while costs are rising. And Europe’s ind…

2 months ago

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Alibaba’s New Model Might Give US Rivals A Run For Their Money, And AstraZeneca And Bristol Myers Squibb Could Join Forces

Chinese tech titan Alibaba is making its latest and greatest model available open-weight, and making a bid for AI dominance – while AstraZeneca and B…

2 months ago

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China’s DeepSeek Might Be Digging Itself A Data Center, While The Japanese And European Central Banks Kept Rates Steady

China’s rival to the big-time US model makers will reportedly build its own infrastructure, reducing reliance on others and gaining more control – wh…

2 months, 1 week ago

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Apple And Amazon Showed Us What’s In The Box, And Hedge Funds Are Struggling With The Tech Selloff

The two Big Tech companies both opened up their books, but each one had something quite different to say – while the tech sector has been suffering l…

2 months, 1 week ago

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It Was A Good Quarter For Microsoft – And A Mixed One For Meta, And The Fed Kept Interest Rates Steady

Microsoft is starting to see some return on its AI investment, with strong results in Wednesday’s second-quarter earnings report – but it was a diffe…

2 months, 1 week ago

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The Cost Of Europe’s Heatwave Is Mounting, And Mercedes-Benz Lowered Its Forecast For The Year

With Europe blanketed by an intense heatwave and buffeted by severe wildfires, the economic toll keeps growing – and German automaker Mercedes-Benz b…

2 months, 1 week ago

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