Category: finance
-
Stellantis Recalls 375,000 Jeep SUVs Over Fire Risk, Advises Owners to Park Outside
WASHINGTON — Global automaker Stellantis (STLAM.MI) announced on Tuesday a recall of approximately 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs worldwide after receiving reports of battery-related fires. The company is urging owners to park their vehicles outdoors and avoid charging them until repairs are completed. The recall affects 2020–2025 Jeep Wrangler 4xe and
-
Xpeng Partners with Alibaba’s Amap to Launch Robotaxi Service
BEIJING — Chinese electric vehicle manufacturer Xpeng (9868.HK) announced on Wednesday that it will collaborate with Alibaba’s (9988.HK) digital mapping platform Amap to roll out a new robotaxi service. Earlier in the day, Xpeng revealed plans to introduce three self-developed autonomous vehicle models, with trial operations set to begin in 2026. The partnership aims to
-
Five Debt Hotspots Emerging from the AI Data Centre Boom
The surge in artificial intelligence (AI) has pushed global stock markets to new heights. Yet, behind the excitement, the race to build massive data centres—critical to powering this AI revolution—is increasingly being funded through intricate layers of debt. Investors and regulators alike are beginning to question whether a new financial bubble may be forming. While
-
KPN to Invest Over €5 Billion in the Netherlands by 2030, Boost Dividends
Dutch telecom giant KPN announced plans on Wednesday to invest more than €5 billion ($5.83 billion) in the Netherlands by 2030 as it ramps up spending on next-generation infrastructure including fibre-optic networks, 5G, artificial intelligence, and cybersecurity. The company also said it would increase dividend payouts starting in 2026, promising to distribute 80% of its
-
Japan’s Top Currency Official Warns of Overheating in AI-Fueled Stock Market
Japan’s leading foreign exchange official, Atsushi Mimura, expressed concern on Wednesday about the rapid rise in stock market valuations driven by the global artificial intelligence boom. Speaking at a Bloomberg event in Tokyo, the Vice Finance Minister for International Affairs cautioned that the pace of the rally may be moving too quickly. “There are growing
-
Investors Urge Calm as AI Stock Rally Stumbles
Global markets have hit turbulence after months of surging tech valuations, but investors and analysts say there’s no need to panic — at least not yet. The recent slide in artificial intelligence–linked stocks, they argue, looks more like a healthy correction than the start of a meltdown. Tech Selloff Spreads Across Markets The decline, now
-
Wall Street Slides as Big Banks Warn of Market Pullback; Palantir Falls Despite Strong Forecast
Wall Street’s major indexes slipped to over one-week lows on Tuesday following warnings from leading U.S. banks about a potential market pullback, even as Palantir Technologies reported an upbeat revenue forecast that failed to impress investors. The slide highlights growing investor caution amid high equity valuations and uncertainties in the tech sector. Big Banks Warn
-
Spotify Forecasts Strong Q4 Profit Amid Price Hikes and User Growth
Spotify (SPOT.N) is set to exceed Wall Street expectations for fourth-quarter profits, driven by robust user growth and the impact of recent price increases, the Swedish audio-streaming giant announced on Tuesday. This upcoming report will be the first earnings update since founder and CEO Daniel Ek revealed his plan to transition to executive chairman in
-
Trump Restricts Nvidia’s Top AI Chips to U.S. Companies, Limits China Access
In a move that could reshape the global artificial intelligence (AI) and semiconductor landscape, former U.S. President Donald Trump announced that the United States will reserve Nvidia’s most advanced AI chips exclusively for domestic companies, effectively barring China and potentially other countries from accessing the cutting-edge technology. During a taped interview aired on CBS’ “60
-
Amazon’s $38 Billion OpenAI Deal Signals Its Rise in the AI Race
Amazon (NASDAQ: AMZN) has secured a $38 billion cloud deal with OpenAI, marking a significant move to reclaim its position as a leader in the artificial intelligence (AI) and cloud computing market. Analysts say the partnership highlights Amazon Web Services’ (AWS) renewed momentum after recent challenges, including market share losses and technical outages that disrupted
Recent Posts
- Real Madrid Top Earners Globally as Liverpool Surpasses Manchester United
- Andoni Iraola’s Future at Bournemouth Remains Uncertain Amid Transfer and Contract Questions
- “Over 5,000 Men Want to Marry Me” — Nkechi Blessing Cries Out Over DM Flood
- Fela’s Daughter Fires Back at Wizkid Amid Seun Kuti Feud
- Chioma Sparks Reactions With Humorous Response to Unwanted DMs
Hi, this is a comment. To get started with moderating, editing, and deleting comments, please visit the Comments screen in…