The United States imports 100% of its natural graphite – a material that makes up roughly 68% of a battery’s weight and is used in defense systems, aerospace and industrial applications. Almost half of that supply comes from China. For decades, that dependency was treated as a cost of doing business problem. Washington is now […]
It’s been a turbulent week in the world of global trade. From chairman Donald Trump‘s tariff battles to a potential AI crisis, here’s a quick recap of the week’s top stories. Peter Schiff challenges Trump’s tariff strategy Renowned economist Peter Schiff criticized US trade policy on Friday. This came as Trump announced a new 10% […]
On Saturday, Israeli officials said that Iran’s Supreme Leader Ayatollah Ali Khamenei was killed after an Israeli airstrike hit his complex in Tehran, a development that could accelerate a power struggle within the Islamic Republic and reshape Tehran’s regional posture. The news comes as US Israel attacks also target Iran’s leadership and military infrastructure, along […]
Micron Technology, Inc. (NASDAQ:MU) Shares closed on Friday as the company celebrated the grand opening of its semiconductor assembly and testing facility in India. The move came on a challenging trading day, with major indexes like the S&P 500 and Nasdaq also seeing declines, adding to pressure as broader markets headed lower. The facility is […]
Beast Industries has suspended a video editor associated with YouTube star Mr. Beast after a forecast market investigation revealed insider trading violations. The action follows disciplinary action from prediction platform Kalshi, which fined and banned its editor for two years after detecting suspicious transactions linked to unreleased video results, BBC reports. Allegations of insider trading […]
Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]
On Saturday, Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) reported results for the fourth quarter and full year of 2025 showing that net income attributable to shareholders fell from $88,995 million in 2024 to $66,968 million for the year. The release came amid investor focus on the new CEO Greg Abel‘s first letter and what a post-Warren […]
Venture capitalist Vinod Khosla publicly broke with it Anthropic On Friday, he argued that the AI safety-focused startup is wrong about developing autonomous weapons. “Putin won’t fight fair, so we should definitely have autonomous AI weapons,” Khosla wrote on X, adding that he admires Anthropic for sticking to its principles, but not the principle itself. […]
On Thursday, Anthropic CEO Dario Amodei said the AI startup “cannot in good conscience agree” to new Department of Defense contract language that would allow unrestricted military use of its AI system, Claude. AI contract clash with the Pentagon In a blog post, the San Francisco-based startup said the U.S. Department of Defense’s updated terms […]
XWEL Inc (NASDAQ:XWEL) Shares are rising on Wednesday following the company’s announcement of a private placement expected to generate significant proceeds. Here’s what investors need to know. American Ventures is investing $31.3 million The company announced that it had entered into a securities purchase agreement US Corporations, LLC, with the goal of raising approximately $31.3 […]