The ‘Fast Money’ traders recaps Q2 and the first half of 2025. Source link
Author: usaeverydaylife
In a Monday interview with CNBC’s Jim Cramer, Amazon CEO Andy Jassy said the tech giant hasn’t seen significant price increases, and he explained the mitigation strategies his company and its sellers are using.”We did a lot of forward buying several months ago, and then a lot of our sellers, our third party selling partners, forward deployed a lot of inventory to avoid some of the issues with the uncertainty around where tariffs are going to settle,” he said. “And we have, so far, not seen prices appreciably go up.”President Donald Trump has issued steep wide-ranging tariffs on imports from…
Digital illustration of a glowing world map with “AI” text across multiple continents, representing the global presence and integration of artificial intelligence. Fotograzia | Moment | Getty ImagesAs artificial intelligence becomes more democratized, it is important for emerging economies to build their own “sovereign AI,” panelists told CNBC’s East Tech West conference in Bangkok, Thailand, on Friday.In general, sovereign AI refers to a nation’s ability to control its own AI technologies, data and related infrastructure, ensuring strategic autonomy while meeting its unique priorities and security needs.However, this sovereignty has been lacking, according to panelist Kasima Tharnpipitchai, head of AI strategy…
What a first half of the year it has been.In the first six months, the world saw a (not so) new U.S. president in the Oval Office, said president upend the global trade landscape, and a president in South Korea removed from office. Conflicts also broke out between India and Pakistan, as well as Israel and Iran (along with a U.S. airstrike thrown into the mix.)Chinese AI startup DeepSeek made its debut, stealing ChatGPT’s thunder for a while, and elections took place around the world, including in Germany, Australia, and even right here in sunny Singapore. We might just have to call…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDavid Riedel, Riedel Research, joins ‘Fast Money’ to talk the state of the Chinese economy and markets after latest manufacturing data.05:315 hours ago Source link
HANGZHOU, CHINA – JUNE 30, 2025 – A worker is working in the production workshop of a steel structure factory in Hangzhou City, Zhejiang Province, China on June 30, 2025. CFOTO | Future Publishing | Getty ImagesChina’s factory activity unexpectedly returned to growth among export-oriented manufacturers in June, a private survey showed Tuesday, as the country shrugged off headwinds from trade disruptions.The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) came in at 50.4, beating Reuters’ median estimate of 49.0 and rebounding from 48.3 in May, which had been its worst contraction since September 2022.The private survey appeared to diverge from…
An Apple logo is displayed on a smartphone with stock market values in the background.SOPA Images | LightRocket | Getty ImagesApple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported on Monday.Shares of the iPhone maker, which had traded down earlier in the session, closed 2% higher on Monday.Apple has had discussions with both companies about using their large language models for Siri, asking them to train versions of their LLMs that could run on Apple’s cloud infrastructure for testing, the report said, citing people familiar with the discussions.Apple’s investigation into third-party models is at an early stage and the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s Alex Sherman joins ‘Fast Money’ with comments from the WNBA Commissioner on plans to expand the league with three new teams.03:434 hours ago Source link
CNBC’s Jim Cramer on Monday suggested that young investors are driving market action by putting their money into newer companies that promote ideas they find exciting.”Long story short, these younger investors reward bold behavior,” he said. “They punish companies like Apple, which seems to have an aversion to being bold and, instead, like to buy back stock. That’s anathema to these younger buyers — to them, buying back stock is what you do when you’ve run out of ideas.”According to Cramer, there is “a whole host of stocks that are roaring on what can only be described as a re-valuation…
Mark Zuckerberg, CEO of Meta Platforms. Artificial intelligence has been an integral focus for the tech giant’s leader amid competition from players like OpenAI, Microsoft and Google.David Paul Morris | Bloomberg | Getty ImagesMark Zuckerberg said Monday that he’s creating Meta Superintelligence Labs, which will be led by some of his company’s most recent hires, including Scale AI ex-CEO Alexandr Wang and former GitHub CEO Nat Friedman.Zuckerberg said the new AI superintelligence unit, MSL, will house the company’s various teams working on foundation models such as the open-source Llama software, products and Fundamental Artificial Intelligence Research projects, according to an…
