Author: franperez66q@protonmail.com

White House Press Secretary Karoline Leavitt holds a news article on Amazon CEO Jeff Bezos that reads “Amazon partnered with China propaganda arm” during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty ImagesAmazon disclosed Thursday that it has received $600 million in tariff refunds after the Supreme Court ruled that many of President Donald Trump’s levies were illegal, and it expects to return some of that cash to customers.”We are participating in the tariff refund process and, as I mentioned earlier, we received…

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Deadly storms that have disrupted copper mines in Chile could amplify market strains, strategists say, as the U.S. and China battle for supply of the critical industrial metal, in turn pushing prices higher.Although the immediate outages appear limited, mining disruption in Chile — which accounts for more than a fifth of global copper production — has landed in a market already distorted by U.S. tariff expectations, tighter scrap availability in China and surging demand for refined metal used in power grids and AI infrastructure, strategists say.Heavy snow, flash flooding and high winds have swept across the South American nations over…

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Asha Sharma, CEO of Xbox at Microsoft, speaks at the Bloomberg Tech conference in San Francisco on June 4, 2026.David Paul Morris | Bloomberg | Getty ImagesMicrosoft’s new Xbox chief is looking to push the gaming unit’s margin back in line with its rivals by next year and beat them on profitability by mid-2030.”We will not live on past successes or be trapped by past failures,” CEO Asha Sharma wrote in a Thursday message to staff members that CNBC viewed. “We will learn from both and put our energy into creating what players will love for decades.”Sharma, a former Instacart…

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TOPSHOT – Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on February 2, 2026. South Korea’s benchmark index Kospi tumbled more than five percent on February 2, in line with a sell-off across Asian markets amid fresh worries about an AI-fuelled tech rally that has sparked fears of a bubble in the sector. (Photo by Jung Yeon-je / AFP via Getty Images)Jung Yeon-je | Afp | Getty ImagesSouth Korea’s stock market staged its sharpest reversal on record on Friday, capping a month of wild swings that underscored how tightly the…

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Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty ImagesAs Google continues pushing AI-powered summaries to users, sites like Reddit aren’t getting the kind of referral traffic they did in the past. Reddit CEO Steve Huffman said in an interview on Thursday, coinciding with his company’s quarterly earnings report, that Google’s artificial intelligence offering called AI Overviews has created uncertainty when it comes to search-derived traffic. Reddit has historically been a…

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Omar Marques | Lightrocket | Getty ImagesSouth Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending.SK Hynix was last trading over 25% higher, putting it on course for its best day on record if gains hold. Samsung rose more than 20%. LG Innotek advanced 11.2% and Seoul Semiconductor rose 7.8%. Japanese chip stocks also rallied sharply. Advantest, climbed nearly 18%, while Tokyo Electron gained almost 9%, Disco rose over 13%, Lasertec advanced more than 12%…

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