Finance

UK Mandates Tech Firms to Proactively Block Unsolicited Sexual Images Amid AI Abuse Concerns

New Online Safety Act Positions Cyberflashing as Priority Crime, Imposes Proactive Detection Duties on Platforms

Starting this week, the UK government requires technology companies to actively prevent the distribution of unsolicited sexual images, commonly referr...

Daniel Newman Highlights Compute Resource Scarcity as AI Industry's True Challenge, Not Bubble Concerns

Futurum Group CEO foresees a hardware supply crunch amid enterprise AI expansion planned for 2026

At CES 2026, Daniel Newman, CEO of Futurum Group, countered assertions of an AI market bubble by emphasizing a critical shortage in computing infrastr...

Arm Holdings Establishes Physical AI Division to Accelerate Robotics and Automotive Innovations Ahead of CES 2026

The chip designer restructures operations to emphasize physical AI applications as humanoid robots gain prominence

Arm Holdings is undergoing a strategic organizational shift by forming a dedicated Physical AI division, aimed at enhancing its engagement in robotics...

Treasury Unveils $10,000 Auto Loan Interest Deduction For Made-in-USA Vehicles From 2025-2028

Policy Aims to Reduce Cost of Car Ownership for Working and Middle-Class Families

The Treasury Department has introduced a significant tax deduction permitting eligible taxpayers to deduct up to $10,000 annually in auto loan interes...

Revolution Medicines' Shares Plummet After AbbVie Refutes Acquisition Talks

Speculation over AbbVie's takeover interest propels RVMD surge before swift reversal

Shares of Revolution Medicines (RVMD) experienced a significant decline in after-hours trading following a denial by AbbVie Inc. (ABBV) of acquisition...

Copper Demand Set to Outpace Supply by 2040, Raising Significant Market Concerns

S&P Global Highlights Potential Copper Shortfall Amid Energy Transition and Technological Growth Trends

S&P Global forecasts a substantial increase in copper demand driven by advancements in AI, defense technologies, and energy transition, warning of a p...

Ford Targets 2028 Deployment of Advanced 'Eyes-Off' Autonomous Driving in $30,000 EV

Michigan automaker to deliver Level 3 autonomy through in-house AI on Universal EV Platform

Ford Motor Company is advancing its autonomous driving initiatives with plans to introduce 'eyes-off' Level 3 autonomous technology by 2028. Leveragin...

Lockheed Martin Shares Swing Amid Trump's Dual Stance on Defense Spending and Corporate Practices

Stock falls sharply after critique of buybacks and executive pay, then surges following call for a $1.5 trillion military budget

Lockheed Martin Corp. shares experienced significant volatility following two contrasting statements from President Donald Trump. Initially, the stock...

Wall Street Analysts Update Wealthfront Projections Ahead of Q3 Earnings

Multiple firms initiate coverage with varied price targets as Wealthfront prepares to report quarterly performance

Wealthfront Corporation is set to announce its third-quarter earnings, with Wall Street analysts adjusting their forecasts following the company's rec...

China’s Interest-Bearing Digital Yuan Could Shift Global Stablecoin Competitiveness, Says Coinbase CEO Brian Armstrong

Armstrong Highlights Potential Advantages for China’s CBDC and Raises Concerns Over U.S. Policy on Stablecoin Rewards

Brian Armstrong, CEO of Coinbase Global Inc., has voiced concerns regarding the U.S. stablecoin market’s competitiveness amid China’s recent move ...

Venezuelan Oil Production Resumption Poses Challenges for Crude Prices, Warns Market Strategist

Investor enthusiasm over Venezuela’s regime change overlooks fundamental supply dynamics that may pressure oil markets

Energy stocks experienced a notable upswing following the announcement of U.S.-led efforts to change Venezuela's regime and invest significantly in it...

Divergent Responses Among Silicon Valley Titans to California's Proposed Billionaire Tax

Larry Page Relocates in Anticipation of Tax, While Jensen Huang Embraces Staying in the State

As California considers imposing a 5% tax on billionaires' global assets beginning in 2026, prominent tech figures are showing contrasting reactions. ...