Anduril founder says U.S. can spend billions less on defense: We ‘spend too much money on the wrong thing’
Defense companies aren’t incentivized to innovate because military strength is measured by how much the government spends, said Palmer Luckey, Anduril’s founder.
CNBC Daily Open: Amazon one-ups its rivals on capex spending, but investors are already worried over AI valuations
Amazon’s capital expenditure projection comes in at $200 billion, above analysts’ estimates of $146.6 billion and higher than the roughly $131 billion in 2025.
Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years
Toyota Motor has announced that its chief executive Koji Sato will step down, and be replaced by the automaker’s chief financial officer, Kenta Kon.
Japan’s Takaichi eyes decisive mandate as polls point to snap election landslide
The poll showed that the LDP-led coalition was likely to secure more than 300 of the 465 seats in the Lower House.
India’s central bank keeps policy rates steady at 5.25% as U.S., EU trade deals set to support growth
Economists polled by Reuters had forecast the policy rate to remain unchanged at 5.25%.
AI fears pummel software stocks: Is it ‘illogical’ panic or a SaaS apocalypse?
The software space is facing serious market concerns this week, after the release of new AI tools from AI triggered a market sell-off.
Silver’s volatility has exceeded 100%. Where exactly is the bottom?
Silver’s dizzying plunge last week and erratic trading this week have left investors wondering: Where and when is the bottom?
Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Tesla remained a strong contender in China’s electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before.
Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Tesla remained a strong contender in China’s electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before.
U.S. asks American citizens to ‘leave Iran now’ ahead of high-stakes talks with Tehran
Differences over the scope for the talks have also cast doubts on whether it will still go ahead, keeping open the risk of U.S. military action.
