Mar 17, 2025 | Markets
BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China. The so-called “super e-platform” will be capable of...
Mar 13, 2025 | Markets
U.S. household wealth eked out a fresh record high at the end of 2024, Federal Reserve data showed on Thursday, thanks to a stock market rally that appears to have run out of steam in the past three weeks. The net worth of households and non-profit groups rose about...
Feb 10, 2025 | Markets
OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia (NVDA) for its chip supply by developing its first generation of in-house artificial-intelligence silicon. The ChatGPT maker is finalizing the design for its first in-house chip in the next few...
Feb 7, 2025 | Markets
Summary Consumer sentiment drops to seven-month low, inflation expectations rise Sentiment drop spans age, wealth, and political groups, Trump plans new tariffs, impacting inflation and sentiment U.S. consumer sentiment dropped unexpectedly in February to a...
Jan 15, 2025 | Markets
Summary Assets hit record high after strong markets in Q4 Total net inflows hit $281 billion HPS deal set to close in first half of the year, Preqin in Q1 Senior executive Wiedman to depart the firm BlackRock posted a 21% fourth quarter jump in profit after buoyant...
