AI Bubble: Silicon Valley Acknowledges Tech Excesses
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
π Key Facts β Erebor raised $350 million in funding. β The startup achieved a valuation over $4 billion. β Fund...
π Key Facts β Tesla faces allegations of remote operation for its robots β CATL deploys new Moz humanoid robots for work ...
π Key Facts β JPMorgan is exploring crypto trading for institutional clients β The move represents a significant deepening of ties to t...
π Key Facts β Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. β Bitcoi...
π Key Facts β Instacart is ending all item price tests effective immediately. β Retailers can no longer use Eversight technology for pr...
π Key Facts β YouTuber MegaLag accused Honey of stealing money from influencers via last-click attribution. β Honey allegedly targeted ...
π Key Facts β Bourbon maker Jim Beam halts production at its main distillery for a year β US distillers face uncertainty after Presiden...
π Key Facts β Eimear Bonner is the finance chief of Chevron, an oil major. β Jeff Poulton is associated with Alnylam, a biotech pioneer...
π Key Facts β Under President Trump, the SEC has backed down from nearly all its fights with crypto firms. β The biggest lawsuits and i...
π Key Facts β Hanwha Ocean shares jumped 10% following the announcement. β Trump stated that the South Korean firm will build frigates ...
π Key Facts β Michael Selig's confirmation occurred prior to David Sacks' statement. β David Sacks, a White House official, cal...
π Key Facts β India and New Zealand have announced a trade pact making the majority of goods trade duty-free. β India aims to become an...
π Key Facts β ByteDance plans 50% more global spending on incentives like bonuses and raises in 2026 for top performers. β Bonuses incr...
π Key Facts β Uniswap (UNI) surged 19% over the weekend. β Cronos (CRO) was a top performer, rising 2.5%. β The...
π Key Facts β Dell's sales teams were mandated to return to the office five days a week starting September 2024. β Jackie Miller...
π Key Facts β Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. β Intersect Power is a data center and clea...
π Key Facts β 60% of Five Below's products are sourced from China, impacted by tariffs. β Company stock rose 85% year-to-date as of...
π Key Facts β Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. β Exports of US spirits decli...
π Key Facts β Experience is hugely underrated, necessary, and a big differentiator for Goldman Sachs. β Around 50% of Goldman Sachs'...