Market news, minus the noise.
Weekly recaps, market analysis, broker comparisons and education, from the Bullwaves desk.
More from the desk.
MrBeast's 'Beast Games' Becomes a Huge Financial Cost
Renowned YouTuber and entrepreneur MrBeast, also known as Jimmy Donaldson, has revealed a staggering financial loss from the production of his Amazon Prime Video series, Beast Games. Despite the show being one of Amazon’s most successful series debuts in 2024, Donaldson described it as “not a good financial decision.”
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Mercedes-Benz Implements Cost-Cutting Strategy
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.
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pple Introduces Budget AI with $599 iPhone 16e
Apple has unveiled the iPhone 16e, a budget-friendly smartphone designed to re-engage mid-market consumers in key regions like China and India.
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Japan's Supercomputer Gains Quantum Edge with Reimei
Japan has taken a significant leap in computing power with the integration of the Reimei quantum computer into the Fugaku supercomputer.
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Apple’s AI Pivot in China: Partnering with Alibaba to Stay Competitive
DeepSeek has captured the attention of China’s AI landscape with its meteoric rise. However, Apple is reportedly taking a different route, teaming up with Chinese tech giant Alibaba to develop AI-powered features for iPhones sold in China, according to The Information.
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UAE, Singapore to Become Wealth Magnets as 142,000 Millionaires Plan Migration in 2025
The United Arab Emirates and Singapore are emerging as top destinations for the world’s affluent, drawing high-net-worth individuals (HNWIs) with their low taxes, political stability, and advanced infrastructure, according to Markelitics.
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Chaos Among Federal Workers: Mass Resignation Offer Sparks Outrage
Federal employees and their advocates have strongly condemned a controversial move by the Trump administration encouraging mass resignations. A government-wide email, sent by the Office of Personnel Management (OPM) to nearly 3 million federal workers
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Bill Gates calls Elon Musk’s embrace of far-right politicians
Bill Gates has labeled Elon Musk’s support for far-right politicians and his interference in other countries’ politics – including the UK – as “insane shit.”
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