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
- CoreWeave’s bonds scream financial distress
The company better hurry up figuring out how to tap insurers for cash
- EU leaders to urge Zelenskyy to rein in criticism of Trump
Ukrainian leader’s comments about US president alarm European capitals
- Germany’s Merz vows to fight on: ‘We are the firewall’
Defiant chancellor tells the FT he is determined to drive through unpopular reforms and equip Europe for an age of upheaval
- Investors dump data centre bonds as AI borrowers face ‘Darwin moment’
Debt issued by AI infrastructure providers and neocloud companies has sunk towards stressed territory
- Is the K-shaped economy really more of an E?
America remains a very unequal place, but on many metrics inequality is not increasing
- New ‘zero-click’ spyware hacked phones using targeted ads
Citizen Lab researchers uncover Israeli-developed ‘AdFection’ technique that requires no interaction from victim to infect devices
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