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Goldman Sachs: It is expected that the tariff increase proposed by Trump will raise inflation by nearly 1%.
Goldman Sachs stated that the latest tariff proposal from USA President-elect Trump could put upward pressure on inflation in the usa. On Monday, Trump announced he would impose an additional 10% tariff on commodities from major asian countries and a 25% tariff on Canada and Mexico. Goldman Sachs chief economist Jan Hatzius stated in a report that the proposed tariffs would lead to a significant increase in consumer prices in the usa. Hatzius remarked, "Based on our rule of thumb, for every 1 percentage point increase in the effective tariff rate, core PCE rises by 0.1%. We estimate that if the proposed tariffs are implemented...
Express News | Qualcomm To Provide Connectivity Products And AI-Enabled Chipsets To Honeywell For Various Industrial Applications
OpenAI allows employees to sell stocks worth 1.5 billion dollars to SoftBank.
OpenAI allows employees to sell stocks worth approximately 1.5 billion dollars to SoftBank. Two informed sources stated that the new financing would enable the Japanese technology group to acquire a larger shareholding in this ai startup, and allow current and former OpenAI employees to cash out their shares. One of the sources mentioned that employees will decide whether to participate in the new acquisition offer before December 24. Sources revealed that this trade was pushed by SoftBank's billionaire founder and CEO Masayoshi Son. After investing 0.5 billion dollars in the previous round of financing for OpenAI, Masayoshi Son has consistently demanded an increase in shareholding in the startup.
"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.
QUALCOMM (QCOM) Faces New Competition as Xiaomi Enters AI Chip Market
Wall Street Ends Higher As Tech Stocks Lead Gains Amid Tariff Concerns
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72528940 : and i bought 182 this stock is really garbage