Rolls of US pennies are seen in this photo illustration in Washington, DC, February 10, 2025. Saul Loeb | Afp | Getty Images It’s been just over three weeks into the second term of U.S. President Donald Trump, and the flurry of announcements from the White House shows no sign of abating. The administration is … Read more
An employee stands at a blast furnace. U.S. President Donald Trump said on Sunday that he would impose new tariffs on steel and aluminium imports. Picture Alliance | Picture Alliance | Getty Images U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel … Read more
McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter. Shares of the company fell less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts … Read more
The Russel Metals industrial facility seen in Nisku, Alberta, Canada, on Feb. 7, 2025. Artur Widak | Nurphoto | Getty Images The excitement over artificial intelligence and U.S. President Donald Trump’s perceived friendliness to the stock market buoyed up investor sentiment as recently as December. In 2025, it seems those animal spirits have somewhat evaporated. … Read more
A Tesla showroom with its logo and electric vehicles on display, including the Model 3 and Model Y, is seen on January 12, 2025, in Chongqing, China. Cheng Xin | Getty Images Electric car companies in China welcomed the Year of the Snake with a slew of incentives for consumers, after major automakers reported a … Read more
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of … Read more
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, … Read more
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs … Read more
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public worldwide. Stock Market Value: ~$66.65B ($229.85 per share) Stock Chart … Read more
Anduril, the defense-tech startup founded by Palmer Luckey, has signed a term sheet to raise capital at a $28 billion valuation, according to people familiar with the matter. The company is planning to raise up to $2.5 billion in the round, said the people who asked not to be named because the details are confidential. … Read more