Bizz 113
OpenAI’s $26 Billion AMD Deal Challenges Nvidia’s AI Chip Dominance
In a bold move set to reshape the artificial intelligence hardware landscape, OpenAI announced it will purchase 6 gigawatts of computing power from data centers powered exclusively by AMD chips—posing a serious challenge to Nvidia’s long-standing supremacy in the AI sector. OPENAI DIVERSIFIES ITS CHIP SUPPLY AMID EXPLOSIVE AI GROWTH Nvidia has dominated the AI […]
Gold Surges Past $4,000 for the First Time
Gold prices soared past $4,000 per ounce on Tuesday, marking a historic milestone as investors flocked to the precious metal amid global economic and geopolitical uncertainty. Expectations of additional Federal Reserve rate cuts have further fueled the rally, pushing gold’s price up 51% so far this year. According to analysts, the surge stems from strong […]
Google Antitrust Ruling Provides Apple Major Strategic Relief
A significant antitrust ruling has delivered unexpected benefits to Apple, allowing the technology giant to maintain its lucrative partnership with Google while avoiding potentially disruptive operational changes across its entire product ecosystem. Court Decision Preserves Profitable Partnership Judge Amit Mehta’s Tuesday ruling prevented the most severe penalties against Google’s search practices, permitting the company to […]
America’s Silent Crisis: Women Leaving the Workforce in Record Numbers
A troubling employment trend is reshaping America’s labor landscape as hundreds of thousands of women have voluntarily exited the workforce throughout this year. This mass departure represents more than individual career decisions—it signals a systemic crisis affecting economic stability and gender equality across multiple demographics. Employment Data Reveals Stark Reality Recent Bureau of Labor Statistics […]
Wall Street Reacts Cautiously to US-EU Trade Agreement
The stock market showed mixed performance on Monday as investors assessed the impact of a newly announced trade agreement between the United States and the European Union. While the S&P 500 edged slightly higher and marked another record close, overall momentum slowed following recent gains. The Dow Jones Industrial Average dipped by 64 points, or […]
Trump Unveils Landmark Trade Framework with European Union
In a major step toward reshaping transatlantic commerce, former President Donald Trump announced that the United States and the European Union have reached a foundational agreement for a new trade deal. The announcement followed high-stakes discussions with European Commission President Ursula von der Leyen in Turnberry, Scotland. The framework includes a 15% flat tariff on […]
Trump Threatens 50 % Tariffs on Brazilian Goods
In a move stirring global attention, former U.S. President Donald Trump has warned Brazil of a 50% tariff on its exports to the United States, threatening to impose the measure starting August 1. The warning was issued via a letter shared publicly by Trump, expressing dissatisfaction with the ongoing legal proceedings against Brazil’s former right-wing […]
U.S. Strikes in Iran Trigger Oil Price Surge
The U.S. economy may be on the verge of renewed inflationary pressure following its recent military action targeting Iranian nuclear facilities. With the threat of geopolitical instability looming over the global energy market, the cost of oil and gas is now climbing sharply—an unwelcome development for inflation-weary American consumers. Oil Prices Poised for Sharp Increase […]
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