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Steve Kopack
Posts
Red hot AI demand pushes more companies into the $1 trillion club
Micron Technologies and SK Hynix joined the trillion-dollar club, which includes Apple, Meta and Tesla.
$20 billion in tariff refunds have been paid so far, with more on the way
The Trump administration has refunded more than $20 billion in overpaid tariffs so far after the Supreme Court struck down the pillar of Trump’s trade…
Kevin Warsh sworn in as Fed chair, but Trump’s rate cuts look increasingly unlikely
Kevin Warsh was sworn in Friday as the new chair of the Federal Reserve, the world’s most influential central bank
Jeff Bezos says raising taxes on the wealthy won’t help the average American
Amazon executive chairman Jeff Bezos accused U.S. politicians of villainizing the ultra-wealthy and using tax policy as a political wedge issue.
Global bonds sink and oil prices jump, triggering a stock sell-off
Government bonds around the world sold off sharply Friday as the price of oil jumped, both driven by developments in the Iran war, politics and…
AI chipmaker Cerebras soars 90% in year’s biggest IPO so far
Artificial intelligence chipmaker Cerebras surged 90% in its trading debut, setting the bar for the biggest initial public stock offering of the year so far.
Inflation expected to jump to a 3-year high as Iran war continues to fuel rising prices
April inflation data is widely expected to show it has risen to a nearly 3-year high when the Consumer Price Index is released Tuesday.
Why Nike’s CEO bought $2 million worth of shares at a low point for the company
Nike is in “cleanup mode,” but CEO Elliott Hill has confidence in the iconic American company, he told Craig Melvin for NBC’s “Business in America”…
April jobs report expected to show gains despite Iran war pressure
The April jobs coming Friday morning is expected to show a resilient U.S. labor market despite the global energy shock from the U.S. war with…
Price of oil plunges and markets surge on report U.S. and Iran near deal to end war
The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end…