Koji Sato, Toyota’s chief industry officer, has urged Japan’s major automakers to collaborate more closely as competition from Chinese automakers intensifies. Sato, who is also chairman of the Japan Automobile Manufacturers Association (JAMA), believes that Read more…
Nvidia’s (NVDA) first H200 shipments to China are unlikely to change its quarterly results. The reported volume is just too low. But it matters to U.S. investors, since Nvidia’s current guidance assumes data-center compute revenue Read more…
In the four years that passed since Australia reopened to international travelers in 2022 following one of the longest pandemic-related border shutdowns in the world, tourist numbers to the country have surged. Just over 8.84 Read more…
Seven senators introduced the Protecting Retirement Opportunities and Maintaining Income Security for Everyone (PROMISE) Act on July 14. This is a procedural bill designed to compel Congress to address the program’s projected shortfall before trust Read more…
Casual dining chain Red Robin Gourmet Burgers Inc. has closed another restaurant as part of its plan to shutter up to 70 underperforming restaurants and restructure its business operations. The restaurant chain has also sold Read more…
The warnings worth taking seriously rarely come from the people who missed the last rally. They come from the ones who just won. When a company spends three months printing money at a pace almost Read more…
Right on the heels of Microsoft releasing a record number of security patches, a researcher has published exploit code that can enable low-privilege Windows accounts to make sensitive changes to administrator accounts. The exploit, which Read more…
It’s rare these days for me to feel anything but frantic. I cover AI for a living, after all. But sometimes I just want to let loose, and apparently that means cracking open a can Read more…
The Inverse Cramer trade has its own ETF. That tells you everything you need to know about how people feel about Jim Cramer’s stock picks. Every time he goes on “Mad Money” and calls something Read more…
The U.S. Treasury collected $23.6 billion in customs duties in June and sent $49.2 billion back out in tariff refunds. That gap, a net customs outflow of $25.6 billion, helped push the federal budget deficit Read more…