President Trump announced that a trade deal has been reached with the U.K.This marks the first deal of its kind after Trump announced sweeping tariffs in April.Though the details were light, some of the language in the announcement indicates Palantir could benefit specifically.
China Cuts Key Rate, Reserve Ratio to Aid Economy Hit by Tariffs
China reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to help an economy caught in a second trade war with the US.The People’s Bank of
intel needs to be merged with or be acquired by a big player in order to succeed. they are already too late to the game.
Intel Planning A Homegrown Challenge To Nvidia, Says It's 'Not A Quick Fix'
Intel announced plans to develop its own AI chips on an earnings call Friday. The company's previous strategy has been to acquire AI startups that have already developed their own chips. Analysts remain split on whether or not the plan will work, citing Nvidia's dominance in the market. Intel CEO Lip-Bu Tan announced that the company will be working to develop its own AI chips, in an earnings call on Friday."This is not a quick fix," Tan said on the call. He continued that he would be combing through Intel's existing products, looking for ways to sharpen them to meet emerging trends in the AI market.‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.Other analysts told Reuters that they think the move is too little, too late, telling Reuters that Nvidia's position is too strong, and combined with the efforts of other companies like Amazon and Google,
Trump Blames Biden "Overhang" After GDP Shrinks in First Quarter, Says Growth Will "Take a While"
WASHINGTON, April 30 - U.S. President Donald Trump said on Wednesday that Americans should be patient in the face of a first quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the U.S. economy.The economy shrank in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of Trump's often chaotic tariff policy.Republican Trump blamed his Democratic predecessor, Joe Biden, for