South Korean industrial production rose in March as export activity was brought forward to beat tariffs. But service activity, retail sales, and investment point to sluggish demand, weighed by domestic political turmoil.
Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a particular emphasis on its PayPal USD (CRYPTO: PYUSD) stablecoin.
The Future Fund Managing Partner, Gary Black, cautioned investors on Tuesday against Tesla Inc.'s robotaxi valuations that project share prices of $2,000 or higher, arguing that such forecasts ignore market realities and competition.
Economist Justin Wolfers pushed back against President Donald Trump's inconsistent recent remarks on trade deals, taxes, and tariff revenue, calling his position "fundamentally incoherent."
CEO Evan Spiegel noted progress with direct-response advertising solutions, continued momentum in driving performance for small and medium sized businesses and growth of Snapchat+ subscription business.
Amazon finds itself in a catch-22 position, where it has to either absorb higher costs from tariffs, which will hurt margins, or hike prices on its platform and risk losing market share.
Zuckerberg warns US must match China's AI investments in data centers and hardware to stay competitive. The Meta Platforms CEO believes the US' chip export controls are significantly reshaping the wider AI race.
