Financial News, Advice & Market Insights
Elon Musk’s artificial intelligence company, xAI, has acquired the social media platform X (formerly known as Twitter) in an all-stock transaction valued at $45 billion, including $12 billion in debt.
Recent reports indicate a significant decline in U.S. consumer confidence, reaching its lowest point in over four years.
On Friday, March 28, 2025, U.S. stock markets experienced significant declines due to escalating trade tensions and persistent inflation concerns.
As the April 3 implementation date for the 25% tariffs on imported vehicles approaches, U.S. consumers are rushing to dealerships to purchase cars before anticipated price increases take effect.
More Articles
- Crypto market sheds $1.2tn as traders shun speculative assets
Bitcoin drops 28% in six weeks amid concerns about lofty tech valuations and US interest rates
- Elliott builds stake in gold miner Barrick
Activist investor encouraged by idea that the miner could split into two companies under new leadership
- Lawrence Summers to step back from public roles over ties to Epstein
Former US Treasury secretary sought paedophile’s advice over relationship he was pursuing
- Meta wins US case that threatened split with WhatsApp and Instagram
Social media group has beaten antitrust suit brought by the Federal Trade Commission
- Microsoft and Nvidia to invest up to $15bn in OpenAI rival Anthropic
AI start-up commits to buying $30bn in computing capacity from Microsoft in data centres powered by Nvidia chips
- The surreal 45-day trek at the heart of Nato’s defence
Europe wrestles with crumbling bridges, narrow tunnels and red tape as it plans how to move an army eastward
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