Author: franperez66q@protonmail.com
China’s expanding AI ecosystem and easing U.S.-China tensions are reviving the case for Chinese equities, in particular the technology sector, according to UBS. Suresh Tantia, head chief investment officer of Asia equity strategy at UBS Global Wealth Management, told CNBC’s ” Squawk Box Asia ” that easing tensions between Washington and Beijing after last week’s Trump-Xi summit should allow investors to refocus on market fundamentals rather than geopolitical escalation risks. “It seems like both countries are following the policy of live and let live, and that’s not bad news from a market perspective, because markets can go back to fundamentals,”…
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.22% Source link
The FBI intelligence division’s plan to obtain direct access to an extensive network of cameras could help expand that information sharing. As the FBI notes, its intelligence division shares information with a variety of federal, state, local, and tribal law enforcement agencies. Flock: Sharing is “opt-in” for local police Flock itself temporarily provided access to Customs and Border Protection, Homeland Security Investigations, the Secret Service, and Naval Criminal Investigative Service as part of a pilot last year. Flock confirmed the pilot to the office of Sen. Ron Wyden (D-Ore.), according to Wyden. Flock says it has federal customers “including National…
The U.S. Capitol in Washington, DC, US, on Wednesday, April 22, 2026. Eric Lee | Bloomberg | Getty ImagesThe Senate on Tuesday advanced a resolution to halt military action in Iran after a surprise defection from Republican Sen. Bill Cassidy of Louisiana, dealing a blow to President Donald Trump’s war effort. The vote, though preliminary, shows that the Senate now could have the votes to force Trump to pull back the military from Iran or seek congressional approval for additional action. Despite the War Powers Resolution advancing 50-47, it still has little chance of becoming law. It would need to…
Tesla and SpaceX CEO Elon Musk attends a state banquet for President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026.Brendan Smialowski | Afp | Getty ImagesSpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead the offering, according to people familiar with the matter.Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase, said the people, who asked not to be named due to confidentiality.Elon Musk’s reusable rocket company is…
Google DeepMind hires staff from Contextual AI in licensing deal, source says Source link
CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | ReutersOpenAI on Tuesday announced a new offering called Guaranteed Capacity, which allows customers to secure long-term access to compute to power their artificial intelligence products, agents and workflows.The company said customers can choose between one, two and three-year-long commitments, and it’s offering discounts that increase based on those annual commitments, according to its website. “Customers are increasingly asking us for certainty on capacity.…
The MPs say the current first-past-the-post system for general elections is “broken”. Source link
The Federal Reserve logo is seen on the William McChesney Martin Jr. Building in Washington, Sept. 16, 2025.Kevin Dietsch | Getty ImagesWhile President Donald Trump made his pick for chair of the Federal Reserve with interest rate cuts in mind, his appointee may preside over the first rate hikes since 2023. That’s according to traders on prediction market platform Kalshi, where there’s a rising likelihood the Fed will move to increase rates in the next year. Traders place 64% odds on the next interest rate hike coming by July 2027. They also think there’s a 43% chance tighter policy happens as soon…
GM to start assembling Chevrolet Groove and Aveo in Mexico, in shift away from China Source link