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Elon Musk launches Tesla robotaxi service
Tesla kicks off robotaxi trials in Austin, years after missed promises. The launch is small, but it could be the first real step toward Musk’s autonomous fleet vision.
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Wall Street banks surge as earnings season kicks off
Wall Street's biggest banks are entering earnings season with strong momentum, driven by higher trading, investment banking activity, and improved lending margins.
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Elon Musk launches America Party: Tesla shares -7%
Elon Musk's launch of the America Party sparks investor fears as Tesla shares drop over 7%, raising concerns about leadership focus amid declining sales and rising competition.
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Tesla offers $1 trillion pay package to Musk
Tesla unveils an unprecedented $1 trillion compensation plan for Elon Musk, reshaping the debate on executive pay and the future of the automaker.
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huawei just launched the maextro S800
Huawei and JAC Motors launch the Maextro S800, a full-size luxury EV sedan with cutting-edge tech, bespoke interiors, and superior safety.
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Wall Street up on Trump trade comments
U.S. markets ended higher as investors evaluated Trump’s trade comments and positive bank earnings eased credit concerns.
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OpenAI prepares to launch GPT-5 in August
OpenAI is set to unveil GPT-5 in August, a more advanced and flexible AI system combining multiple technologies.
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Amazon Now Has 1 Million Robots in Its Warehouses
Amazon now operates 1 million robots across its global warehouses, edging closer to replacing human roles with AI and automation.
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Starbucks CEO Brian Niccol $96 Million After Just Four Months
Starbucks Corp. awarded its new Chief Executive Officer, Brian Niccol, approximately $96 million after just four months on the job last year, marking one of the largest compensation packages in corporate America.
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Global brokerages raise recession odds; J.P.Morgan sees 60% chance
J.P.Morgan has increased its odds of a U.S. and global recession to 60%, as brokerages updated their forecast models amid concerns that tariff-related issues could undermine business confidence and slow down global growth.
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Trump Announces 25% Tariffs on Steel and Aluminum Imports, Markets React
President Donald Trump announced that the United States will impose a 25% tariff on all steel and aluminum imports, including those from Canada and Mexico, with additional import duties expected later in the week.
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The Memecoin That Earned Trump $12 Billion in Two Days
Although Trump and his entities cannot immediately sell all the tokens of the "Official Trump" memecoin (subject to a three-year unlocking schedule), the nominal value of the assets has already reached $12 billion.
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Larry Ellison overtook Musk as world’s richest person
Larry Ellison briefly surpasses Elon Musk as the world’s richest man, with Oracle’s growth and ties to politics, media, and technology shaping his influence.
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US would help assure Ukraine's security
Trump promised Zelenskiy that the U.S. will provide security guarantees for Ukraine in future peace negotiations
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rumors claim ripple made 20B buyout offer to circle
Following Circle's rejection of Ripple's $5 billion acquisition proposal, a new rumor emerged suggesting that Ripple had returned with a much larger offer $20 billion.
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Amazon Rebuilt Alexa with Generative AI
Amazon has rebuilt Alexa using generative AI, creating an architecture that enables customers to quickly and seamlessly connect with services they use daily.
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Mercedes-Benz Implements Cost-Cutting Strategy
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.
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Skype Shuts Down After Two Decades
After more than 20 years of service, Skype officially shut down on May 5, marking the end of an era for one of the first major video- and voice-calling platforms.
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Apple May Be Secretly Testing Starlink Satellite Connectivity for Select iPhone Users
Apple, T-Mobile, and SpaceX are reportedly working together to bring Starlink satellite connectivity to iPhone users, potentially adding another satellite option for those who need coverage beyond traditional networks. According to a recent report, this feature is currently in beta testing for a limited number of T-Mobile customers.
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Ryanair doubled its second-quarter profits
Ryanair doubles profits thanks to fare hikes and strong summer demand
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