A recent flurry of high-profile dismissals by President Donald Trump has set off alarms in Washington and beyond, raising a basic question about the health of American governance: why is the president apparently intent on expanding his control over traditionally independent institutions, and why has he turned to a strategy of rapid firings to get…
Meta’s emergence as a major player in generative AI has hit a raw nerve after an investigation found the company hosted dozens of chatbots impersonating high-profile celebrities — in some cases flirtatious, sexualized, and created without the consent of the persons they copied. The discovery has provoked a storm of legal, regulatory and reputational risks…
India’s Reliance Industries has doubled down on a technology play that goes far beyond a few product launches. By forging deeper ties with Google and Meta to accelerate artificial intelligence across its empire — from energy and retail to telecom and financial services — Reliance is trying to stitch together three powerful threads: cheap and…
The U.S. economy registered a notable pickup in core inflation in July, with the personal consumption expenditures (PCE) index excluding food and energy rising to 2.9% year-over-year — the strongest reading since February. Behind the headline number is a convergence of forces: the delayed pass-through of import tariffs into consumer prices, persistent services inflation —…
Alibaba’s stock surge this year reflects more than a rebound in e-commerce; investors are pinning much of the company’s renewed momentum on a fast-accelerating cloud business that is monetizing demand for artificial intelligence. While the group still juggles heavy investments in instant commerce and faces the usual China-related macro and regulatory uncertainties, the underlying shift…
Dell Technologies’ shares slid after the company reported a second-quarter margin miss, but management lifted its full-year revenue and profit outlook — a contrast that has left investors asking why a firm would accept weaker near-term profitability and still sound upbeat about the year ahead. The short answer: Dell is aggressively prioritizing AI server shipments…
In July, Europe’s electric vehicle market witnessed a dramatic power shift as China’s BYD raced past Tesla in new registrations. BYD’s surge reflects a broader trend: affordable, competitive Chinese EVs are reshaping buyer preferences and cooling Tesla’s previously unshakeable dominance. Here’s how the landscape shifted—and what comes next. BYD’s Rapid Rise: Pricing, Product Breadth, and…
Nvidia has delivered yet another stellar earnings performance, showcasing surging demand for AI infrastructure. Yet even as its revenue and profit growth remain robust, uncertainty over access to the Chinese market casts a long shadow. Despite this, the company’s leadership continues to paint a bullish picture—signaling confidence in sustained global investment in AI, driven by…
Investors have reacted with unease to the U.S. government’s recent acquisition of an equity stake in a major chipmaker, warning that the move could blur the line between state policy and private enterprise, upset corporate governance norms, and usher in a broader, more interventionist industrial strategy. Market participants, fund managers and governance experts said the…
The Lego Group posted record first-half revenue as a deliberate combination of brand partnerships, product breadth and a near-consumer manufacturing footprint helped it outpace the wider toy market. Company executives and industry observers say the strategy married fast-moving marketing tie-ups with operational choices — more localised production, a heavy cadence of new sets, and sharper…
business-gurus.com 