Market news, minus the noise.
Weekly recaps, market analysis, broker comparisons and education, from the Bullwaves desk.
More from the desk.
uber will allow you to book helicopter ride next year
Uber users will soon be able to book Blade helicopters in New York, cutting airport travel to just minutes.
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Elon Musk buys $1 billion in Tesla shares
Elon Musk buys $1 billion in Tesla shares, restoring confidence and reversing losses after a turbulent year.
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Bending Spoons to Buy Vimeo for $1.38B
Vimeo will be acquired by Bending Spoons in a $1.38 billion deal, marking a major shift for the video platform as it returns to private ownership.
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Larry Ellison overtook Musk as world’s richest person
Larry Ellison briefly surpasses Elon Musk as the world’s richest man, with Oracle’s growth and ties to politics, media, and technology shaping his influence.
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amazon is Developing AR Glasses
Amazon is developing AR glasses, codenamed Jayhawk, with plans to launch in 2026–2027, aiming to compete with Meta, Google, and Apple in the fast-growing augmented reality market.
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apple loses over 50B in market value
Apple’s iPhone 17 unveiling failed to excite investors, leading to a $50 billion market cap drop.
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nvidia CEO wants to change or eliminate every job
Nvidia breaks the $4 trillion barrier, but CEO Jensen Huang’s warning about AI’s impact on jobs raises questions amid studies showing limited productivity gains.
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Tesla offers $1 trillion pay package to Musk
Tesla unveils an unprecedented $1 trillion compensation plan for Elon Musk, reshaping the debate on executive pay and the future of the automaker.
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Foreign travelers soon to pay 'visa integrity fee'
The U.S. introduces a $250 “visa integrity fee” starting Oct. 1, raising total visa costs to over $400 for travelers from countries like Mexico, China, and Brazil. Tourism experts warn of reduced travel volumes.
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Gold climbs to record high
Gold surged past $3,500 to a new record high as investors bet on a Fed rate cut and sought safe-haven assets amid global uncertainty.
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Cambricon revenue up 4,300% as Nvidia halts China sales.
Cambricon posts a record 4,300% revenue surge as Nvidia records no H20 chip sales to China amid U.S. export restrictions, fueling local competition.
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OpenAI reports user chats to police.
OpenAI admits to scanning user chats for harmful content, escalating risks to human reviewers and sometimes law enforcement, raising concerns about privacy and consistency in its policies.
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TIKTOK surpasses Meta in revenue
ByteDance launches a $330B employee buyback as revenue surges, while pressure mounts over the sale of TikTok’s U.S. business.
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Trump's 50% tariff on India kicks in
India faces a major economic test as Trump’s 50% tariffs bite, while Modi counters with tax cuts and a push for self-reliance.
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Porsche SE faces a steep decline in profits
Porsche SE faces a steep decline in profits and trims its 2025 forecasts. To counterbalance, the holding company is diversifying into the defence sector.
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Google scores six-year Meta cloud deal
Google secures a $10 billion cloud deal with Meta, reflecting the growing demand for AI infrastructure and partnerships in the tech industry.
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Kanye West YZY memecoin hits $3B
YZY rocketed to a $3B market cap minutes after launch, then fell amid concerns over insider control and liquidity mechanics, even as traders piled in for short-term plays.
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Apple Expands iPhone Production in India
Apple boosts iPhone production in India while facing U.S. tariff threats over Russian oil.
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US would help assure Ukraine's security
Trump promised Zelenskiy that the U.S. will provide security guarantees for Ukraine in future peace negotiations
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china open first ai hospital with robot
China has opened the world’s first AI-powered hospital, capable of treating thousands of patients daily and transforming both healthcare delivery and medical education.
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