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28 February 2025
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28 February 2025
Equity futures rise after a tumultuous week for risk amid tariff confusion and as Nvidia began to lose its shine for investors. China vows retaliation against President Trump's levies after he announced an additional 10% tariff on the nation.
Cayla Seder of State Street expects the turbulence to remain high, but thinks the foundations underlying the market are still strong.
Europe provides cheap options due to being less well served from a capital market standpoint, says Park Square's Robin Doumar. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
28 February 2025
Betsy Arakawa, the wife of actor Gene Hackman, was found deceased alongside her husband and their dog, with her body showing signs of decomposition.
27 February 2025
Amazon has launched an AI-powered version of its Alexa voice assistant after repeated development delays. Dubbed Alexa+, the new bot is free for Amazon Prime members, and $19.99 per month for others. #News #Reuters #Newsfeed #amazon #alexavoiceassistant #artificialintelligence
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27 February 2025
Alex Kalinauckas and Ben Hunt return to report from Day 2 of F1’s 2025 test at the Bahrain International Circuit. Alex discusses the three teams that impressed him most, featuring McLaren’s eye-catching long-run pace, Aston Martin’s newfound consistency, and Williams topping the lap and timing sheets via Carlos Sainz.
There’s also a reaction to Max Verstappen’s response to the booing he faced at F175 and the top teams' lack of preparation when the rain fell on Thursday morning.
webmaster John Nichols @itcracing @Linkedin
28 February 2025
A fabricated audio clip is going viral on social media, in which Donald Trump Jr. allegedly voices his support for Russia on his "Triggered with Don Jr." podcast. In the clip,
US President Donald Trump's son appears to say that "the US should have sent weapons to Russia, not Ukraine". We debunk these claims in this edition of Truth or Fake.
26 February 2025
Elon Musk’s personal fortune has also taken a huge hit. Transcript: Conway Gittens: It’s been a rough start of the year for Tesla shareholders. The stock is down roughly 25 percent of year-to-date and it’s only the end of February. The selling has been so intense that the company’s stock has been kicked out of the rarified club of companies with $1 trillion or more in stock market value. As Tesla’s biggest individual shareholder, Elon Musk’s worth has taken a hit as well. He’s down $75 billion since the start of the year, according to the Bloomberg Billionaires Index. Tesla shares make up more than half of all his wealth. Nevertheless, Musk is still the world’s richest man. Tesla’s latest headaches are two-fold. Chinese customers are less than enthused with a limited self-driving function upgrade that they’ve been waiting for for a long time. Tesla drivers told Reuters that Musk’s latest upgrade isn’t living up to promises in moving the ball closer towards a fully autonomous driving system. That is a competitive problem for Tesla as China’s homegrown EV makers are offering partial self-driving functionality at a fraction of the cost - if any - when compared to Tesla. The other headache is coming from a different part of the world. All across Europe, Tesla just doesn’t have the cache it used to. Sales on the continent were down 45 percent in January - hitting a two-year low., Compare that to total industrywide EV sales, which jumped 37 percent. In Germany Tesla registrations slumped to their lowest in 3-1/2 years, while in France they hit 2-1/2 year low. In the UK. China’s BYD outsold Tesla for the first time ever. All of these are ominous signs for a company that posted disappointing global sales in the fourth quarter despite price cuts in some markets.
28 February 2025
McLaren’s Lando Norris strides into pre-season testing focused, with the Brit determined to build on a 2024 campaign that saw dominant wins and natural mistakes from a maiden title charge. But, for Norris, getting his head right was the most important element. Norris finished runner-up in 2024, his highest-ever placing, but 63 points behind Red Bull Racing’s Max Verstappen, who lifted a fourth-straight world title.
Watch the video, and tell us what you think in the comments…
webmaster John Nichols @itcracing @Linkedin
28 February 2025
During Donald Trump’s meeting and press conference with British Prime Minister Keir Starmer, MSNBC’s Lawrence O’Donnell says that Trump was “humiliated by his own ignorance.”
Lawrence dissects both events and shares why he hopes the White House press corps took “performance notes” after The Independent’s Andrew Feinberg and British journalist Robert Peston pressed Trump on his lies.
