Year: 2025
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs […]
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Fashion’s most hated garment — the skinny jean — is making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback. Over the last few months, a range of skinny styles, including pants and jeans, have cropped up on fashion runways, influencer videos and Google search trends, indicating the divisive garment could soon be a […]
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Stuck stock market is worried about economic growth as Trump’s tariffs dominate headlines
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which extends a sideways three-month range during which the S & P 500 has traded no more than 3% above or […]
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Starboard pushes an open door at Becton Dickinson as company seeks to separate its biosciences unit
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public worldwide. Stock Market Value: ~$66.65B ($229.85 per share) Stock Chart […]
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Hurry up and buy stocks like ‘compelling’ Nvidia ahead of earnings, Bank of America says
There’s still plenty of stocks to buy ahead of earnings, according to Bank of America. The firm named several companies it says are “compelling” such as Nvidia. The other buy-rated stocks include: JD.com, Block and Toronto-Dominon. Toronto-Dominion Toronto-Dominion Bank was recently upgraded to buy from neutral by analyst Ebrahim Poonawala. The Canadian bank had been […]
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Ukraine’s Zelenskyy says ‘Let’s do a deal’, offering Trump mineral partnership, seeking security
Ukraine’s President Volodymyr Zelenskyy speaks during an interview with Reuters, amid Russia’s attack on Ukraine, in Kyiv, Ukraine Feb. 7, 2025. Valentyn Ogirenko | Reuters Ukrainian President Volodymyr Zelenskyy pored over a once-classified map of vast deposits of rare earths and other critical minerals during an interview with Reuters on Friday, part of a push […]
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Hamas hands over three Israeli hostages to Red Cross in central Gaza
Al-Qassam Brigades, the armed wing of Hamas, on February 01, 2025. Anadolu | Anadolu | Getty Images Hamas handed over on Saturday three Israeli hostages to the Red Cross in central Gaza’s Deir Al-Balah, live television showed. The militant group released Ohad Ben Ami and Eli Sharabi, both taken hostage from Kibbutz Be’eri during the […]
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U.S. judge declines to block Elon Musk’s DOGE from Labor Department systems
Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on Jan. 20, 2025 in Washington, DC. Chip Somodevilla | Via Reuters A federal judge on Friday declined to block Elon Musk’s government cost-cutting department from accessing the U.S. Department of Labor’s systems, […]
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Staffer with Elon Musk’s DOGE amplified white supremacists online
One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online. Gavin Kliger lists his job on LinkedIn as “Special Advisor to the Director” at the Office of Personnel Management, which has been spearheading Musk’s efforts […]
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Trump ends Biden’s security clearances, intelligence briefings
US President Joe Biden, left, and President-elect Donald Trump during a welcome ceremony at the North Portico of the White House ahead of the 60th presidential inauguration in Washington, DC, US, on Monday, Jan. 20, 2025. Jim Lo Scalzo | Bloomberg | Getty Images U.S. President Donald Trump on Friday said he was revoking former […]
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