Buy these ‘AI revolutionaries’ trading at a discount, Evercore ISI says
AI’s productivity potential is similar to the internet and electricity/mass production revolutions, Evercore ISI said. Here’s who it thinks should benefit.
Crypto lobbying groups sue SEC over expanded dealer rule: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker
HashiCorp’s business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.
ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
The disclosures show how TikTok officials lobbied Congress and President Joe Biden’s executive office last quarter.
Market veteran Howard Marks says Fed is ‘not going back’ to ultra-low rates
That means credit can provide a “very solid foundation” to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents
Roughly a year’s worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.
Philippines orders removal of Binance from Google and Apple app stores
The Philippines’ Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.
Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.
World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector.
JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday.
