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Key Takeaways: India is poised to become the driving force behind BRICS economic expansion, with Morgan Stanley projecting it as the fastest-growing economy in the bloc through 2026. The investment bank’s bullish forecast signals a transformative shift in global economic dynamics — one led by India’s surging domestic demand, capital investment, and policy reforms. India…
Key Takeaways: Despite the U.S. dollar’s year-to-date slump and increasing pressure from global currency traders, Goldman Sachs’ Kunal Shah says shorting the dollar could prove costly. The Co-CEO of Goldman Sachs International (GSI) believes recent market dynamics and macroeconomic resilience reinforce the greenback’s strength — and a pullback could leave dollar bears exposed. Dollar Declines,…
Z.ai, formerly Zhipu, has launched its new GLM-4.5 large language model, aiming to challenge DeepSeek and other rivals with a more cost-efficient and compact design. The startup claims the model is not only cheaper to operate but also smarter, thanks to its “agentic” AI architecture — a system that breaks down tasks into smaller components…
Tesla is quietly expanding its early-stage robotaxi service to San Francisco this weekend, according to Business Insider, despite lacking the permits required by California regulators. The move follows last month’s limited rollout in Austin, Texas, where the company began inviting select Tesla owners to participate in its autonomous ride-hailing program. While Tesla’s ambition to launch…
After rallying 92% in just a month—from $1.95 to $3.66—XRP is now experiencing a modest cooldown, trading near $3.17 following a 16% pullback. While some investors are expressing concern, crypto analysts argue that this correction is both expected and healthy within the broader uptrend. A Natural Reset After a Parabolic Move Crypto market veteran XRPunkie…
Key Takeaways: Tesla shares dropped sharply on Thursday after the electric vehicle maker reported disappointing second-quarter results and warned of further turbulence ahead. CEO Elon Musk signaled that the company could face “a few rough quarters” following the expiration of key federal EV tax credits and amid mounting global competition. Auto Sales Slide Amid Intensifying…
Key Takeaways Venture capital giant Andreessen Horowitz (a16z) has invested in Poseidon, a startup building a decentralized data infrastructure aimed at solving one of AI’s most pressing challenges: access to high-quality, legally compliant training data. Poseidon raised $15 million in a seed funding round to build its “full-stack decentralized data layer,” developed atop the IP-centric…
Key Takeaways Security researchers from Google and Microsoft have uncovered an alarming new cyberattack campaign involving a critical Microsoft SharePoint vulnerability — CVE-2025-53770 — being actively exploited by multiple China-backed hacking groups. The zero-day bug, discovered over the weekend, has already impacted dozens of organizations globally, with companies racing to patch their systems before further…
The Trump administration has rescinded export restrictions on chip design software to China, marking a significant step toward implementing a comprehensive trade agreement reached during London negotiations in June. The move signals both countries’ commitment to reducing trade tensions while addressing critical supply chain dependencies that have strained bilateral relations. Major Chip Companies Resume China…
The US job market delivered a stronger-than-expected performance in June, adding 147,000 jobs and pushing unemployment down to 4.1%. However, beneath the headline numbers lies a more complex picture of economic uncertainty driven by the Trump administration’s trade and immigration policies. Job Growth Concentrated in Select Sectors Despite beating expectations of 117,500 new jobs, the…