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Archive: 2025-03-05 (581) - Page 2/12 (50)

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Trump Delays Auto Tariffs: Industry Seeks Lifeline

Trump's 25% tariffs on Canada and Mexico have sent the U.S. auto industry scrambling to plan for the massive tax on some of America's best-selling vehicles, including full-sized pickup trucks, while pinning their hopes on a potential deal in Washington. The White House has thrown the industry a lifeline by announcing a one-month exemption on North American-built vehicles that follow complex rules of origin under the 2020 U.S.-Mexico-Canada Agreement. However, reciprocal tariffs will still go into effect on April 2.

Canada's Auto Parts Industry Faces 'Existential Threat' From Tariffs, CIBC Warns

CIBC Capital Markets has downgraded its rating on Canadian auto parts manufacturers Linamar and Martinrea, warning that U.S. tariffs pose an "existential threat" to the industry. The move follows President Donald Trump's announcement of a 25% tariff on imported goods, with potential implications for automotive suppliers crossing the Canada-U.S. border multiple times before incorporation in finished cars and trucks. Analysts predict that the tariffs will have a significant impact on the auto parts sector, potentially leading to reduced supply chain efficiency.

Businesses Told Fed They Will Raise Prices With Onset of Trump's Tariffs

Businesses across various sectors are anticipating price increases due to President Donald Trump's tariffs, even in the face of potential consumer resistance, as indicated in the Federal Reserve's latest Beige Book. The report highlights challenges in passing increased input costs onto consumers, with many companies expressing concerns over the inflationary effects of tariffs amidst slower economic growth. Fed officials will use these insights to inform monetary policy decisions, particularly as they navigate the risks of stagflation.

US Judge Bars Trump Administration From Cutting NIH Research Funding

A U.S. District Judge has issued a nationwide injunction preventing the Trump administration from implementing significant cuts to federal grant funding for scientific research, which could have led to layoffs and halted critical clinical trials. The ruling came in response to lawsuits filed by 22 Democratic state attorneys general and medical associations, who argued that the proposed cuts were unlawful and detrimental to ongoing research efforts. The judge emphasized that the abrupt policy change posed an "imminent risk" to life-saving medical research and patient care.

MongoDB Exceeds Earnings Expectations But Stock Drops

Database software company MongoDB (MDB) beat Wall Street's revenue expectations in Q4 CY2024, with sales up 19.7% year on year to $548.4 million. The company expects next quarter's revenue to be around $526.5 million, close to analysts' estimates. Its non-GAAP profit of $1.28 per share was 91.1% above analysts' consensus estimates.

Urgent Warning over New Aussie Discount Store After 'Nightmare' Opening: Stop Using Immediately

Panda Mart's rapid rise to popularity has raised concerns about product safety, with hundreds of potentially hazardous items seized by Consumer Affairs Victoria. The regulator has warned shoppers to avoid the store until further notice and return any purchased items for a refund. Authorities have expressed frustration that some products may have been sold despite failing to meet mandatory standards.

Analyst Explains Why DeepSeek Won’t Impact Nvidia (NVDA) Demand

Financial analyst Aswath Damodaran argues that innovations like DeepSeek could potentially commoditize AI technologies, leading to reduced demand for high-powered chips traditionally supplied by Nvidia. Despite the current market selloff, some experts, like Jerry Sneed, maintain that the demand for powerful chips will persist as technological advancements continue to push the limits of AI applications. The contrasting views highlight a pivotal moment in the AI market, where efficiency gains may not necessarily translate to diminished need for robust processing capabilities.

This Chinese EV Could Be the Tesla Model Y 'Killer'

Xiaomi's upcoming YU7 electric vehicle has the potential to surpass the Tesla Model Y, following the impressive sales performance of the SU7 model, which outsold the Model 3 in January in China. With features like a larger battery, enhanced driving range, and competitive pricing, the YU7 aims to capture the growing demand for electric vehicles in a rapidly evolving market. As production techniques borrowed from Tesla, such as gigacasting, are employed, Xiaomi appears well-positioned to challenge established players in the EV sector.

Marvell Technology (NASDAQ:MRVL) Q4 Sales Beat Estimates But Stock Drops 13.3%

Marvell Technology reported a 27.4% year-on-year increase in Q4 sales, reaching $1.82 billion, surpassing analyst expectations. Despite the strong revenue growth and positive guidance for the next quarter, the stock experienced a significant drop of 13.3%, largely attributed to a miss in adjusted EBITDA projections. The company’s ongoing transition towards high-margin data processing and networking chips highlights the evolving landscape of the semiconductor industry amid increasing demand for advanced technologies.

How Apple's C1 Modem Came to Be

Apple has introduced its first in-house C1 modem with the launch of the iPhone 16e, marking a pivotal shift towards modem independence from Qualcomm. The development follows years of challenges after acquiring Intel's modem division, which provided Apple with essential patents and engineering talent but initially resulted in performance setbacks. With the C1 modem's emphasis on power efficiency, Apple aims to enhance the user experience across its devices while gradually reducing reliance on Qualcomm's technology.

Google Begins Testing AI-Only Search Results

Google has announced an expansion of its AI search features, powered by Gemini 2.0, which marks a significant shift towards more autonomous and personalized search results. The company is testing an opt-in feature called AI Mode, where the results are completely taken over by the Gemini model, skipping traditional web links. This move could fundamentally change how Google presents search results in the future.

Next-Gen TVs Bring the Action Home

Haier TV's QD-Mini LED 4K TVs offer a truly immersive viewing experience, combining the best parts of QLED and OLED technologies. With ultra-slim designs and low-reflection screens, these TVs provide near-pixel-perfect precision and impressive colors, making live sports feel more engaging than ever. Whether watching the Australian Open or other events on TV, Haier's technology brings the action home.

Nintendo Switch 2 Could Get Second Display for Smartphones: Patent Describes Magnetic Mount

The Nintendo Switch 2 might use a smartphone as secondary display to revive games originally released for the Nintendo DS or Wii U. The successor to the original Nintendo Switch is expected to hit the market in the next few months, with most details regarding its technical specifications and launch date yet to be confirmed. A new patent filed by Nintendo describes an accessory that could allow smartphones to be used as secondary displays alongside the main screen of the console.

Stocks Rebound Amid Tariff Relief Hints

U.S. stocks rebounded on Wednesday as Commerce Secretary Howard Lutnick suggested potential tariff relief for Canada and Mexico, sparking investor optimism. The S&P 500 added 1.1%, while the Nasdaq 100 climbed 1.4%. General Motors' stock surged over 3% in response to Lutnick's remarks, potentially driven by hopes for a compromise "in the middle."

LG OLED TV Brightness Boost: A Significant Improvement

The LG G5's fullscreen brightness has been significantly improved over its predecessor, the G4, thanks to a new type of OLED panel called the META 3 'four-stack' OLED. This technology allows for higher brightness levels, making it more viable for daytime viewing in bright rooms, such as sports and gaming. The increased brightness is noticeable, with vivid colors and contrast that showcase the LG G5's capabilities.

US Dollar Hits Three-Month Low on Risk to Growth From Tariffs

The US dollar has experienced its most significant drop since President Trump took office, largely due to concerns that recently imposed tariffs will negatively impact the economy. This downturn, particularly against the euro, is accentuated by expectations of monetary easing from the Federal Reserve as the potential for a global trade war looms. Additionally, Germany's plans for increased defense and infrastructure spending have contributed to the euro's strength, further pressuring the dollar.

US Seeks Dominance in Critical Minerals Race

The US government aims to increase domestic production of critical minerals, which are essential for modern technologies such as semiconductors, aerospace, and defense systems. The country's reliance on China for these critical minerals has raised concerns about national security and supply chain vulnerabilities. By developing its own production capabilities, the US hopes to reduce its dependence on foreign sources and enhance its strategic position.

Samsung Upgrades Large Gaming Monitor with Premium Features at a Sweet Deal

The Samsung Odyssey Ark has been upgraded to feature a 165Hz refresh rate, Mini-LED panel, and 1ms response time, making it an attractive option for PC gamers. As part of Samsung's spring sale event, customers can save $1,100 on the 55-inch Odyssey Ark and receive a 24-inch Odyssey G3 monitor completely free, bringing the total price down to just $1,800. This bundle deal includes an extra $50 Samsung instant credit, offering further savings.

Update on Cities: Skylines 2 Console Release and Asset Editor Frustrates Urban Planners

Cities: Skylines will celebrate its 10th anniversary next week, but a new update from Paradox Interactive has left many fans of the metropolis building series unimpressed. Poor performance, shallow gameplay, and missing features have kept most players committed to its predecessor, Cities: Skylines. The console release of Cities: Skylines 2 is still uncertain, with no clear date in sight.

US Approves LNG Export Extension for Golden Pass

The U.S. Department of Energy has extended the permit for liquefied natural gas exports from the Golden Pass LNG project, a joint venture between QatarEnergy and ExxonMobil, allowing exports to commence by March 31, 2027. This $10 billion project, under construction in Texas, aims to begin producing LNG by late 2025 and will become the ninth-largest export terminal in the U.S. once operational, reflecting the growing demand for LNG in Asia and Europe amidst geopolitical shifts in energy supply.

Apple Mac Mini M4 Sales Event: Unbeatable Deals Inside

Amazon has discounted several M4 Mac Mini models, offering a rare opportunity for consumers to acquire cutting-edge Apple technology at reduced prices. The compact desktop's performance is bolstered by the introduction of the M4 chipset, which provides "next-level performance" for demanding applications like music production and video editing. With discounts starting as low as $529, this sale presents an attractive entry point for those seeking high-end tech without the premium price tag.

Sabrent 30.72TB Enterprise SSD Revolutionizes Data Storage with Unparalleled Performance and Capacity

The Sabrent Rocket Enterprise PCIe 4.0 U.2/U.3 NVMe SSD has set a new benchmark for enterprise storage solutions, offering up to 7,000MB/s read speeds and handling over 56PB of data with one drive write per day durability. This massive 30.72TB model is designed to meet the demands of large-scale operations, including data centers and businesses requiring high-speed, high-endurance storage solutions. With its ultra-low bit error rate and sustained low-latency performance, this SSD is poised to disrupt the enterprise storage market.

BITCOIN Crosses $90K as Trump Delays Canada, Mexico Auto Tariffs

Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said. The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month just one day after enacting them, easing investor worries with bitcoin leading the crypto market higher. Germany's plan to ease debt limits for infrastructure spending and China hiking its target deficit also contributed to rebounding risk markets.

The US Economy's American Exceptionalism Trade Died Awfully Fast

The prospect of "American exceptionalism" has been dealt a significant blow as the US stock market lags behind other developed economies, with the S&P 500 dropping over 3% since Trump took office. The economic data suggests that US businesses are struggling under Trump's trade war and other policies, with retail spending falling sharply, hiring slowing down, and consumer confidence plummeting. The investor outlook has become increasingly cautious, with some forecasts predicting a decline in economic growth.

Trump Gives Big 3 Automakers One Month Reprieve for Canada, Mexico Tariffs

The Trump administration has delayed tariffs on automobile imports from Canada and Mexico for one month following requests from the Big Three automakers — General Motors, Ford, and Stellantis — allowing them to temporarily avoid significant price increases. The tariffs were set to take effect in just over two weeks, with estimates suggesting they could drive up car prices by as much as $12,000. By granting a temporary reprieve, Trump has given the automakers time to adjust their supply chains and mitigate potential production disruptions.

Jim Cramer Says United Airlines (UAL) Valuation Is ‘Absolutely’ Justified

United Airlines Holdings, Inc. (NASDAQ:UAL) stands out among other top stocks to watch from Jim Cramer's latest portfolio due to its strong travel demand and focus on customer service. With a strong fourth quarter, the company benefitted from continued demand that surprised the market, and initiated a buyback program, the first since COVID. United's valuation, which Cramer believes is justified at eight times earnings, is supported by its improving net promoter scores and higher cash flows.

Jim Cramer Says His Trust Sold Some Meta Platforms (META) Shares Amid Latest Bull Run

Jim Cramer's charitable trust sold some Meta Platforms, Inc. (NASDAQ:META) shares amid the latest bull run due to the stock's rapid growth, despite concerns over higher expenses and potential ad pricing slowdowns in the future. The trust still maintains ownership of the stock, and Cramer believes its long-term value lies in AI-driven growth. The charity trust's trimmed position reflects a cautious approach to navigating market volatility.

The Rise of AI-Powered Search: Google's New Chatbot Mode Changes Everything

Google is revolutionizing its search engine with the introduction of AI Mode, an AI chatbot that responds to user queries. This new feature combines advanced AI models with Google's vast knowledge base, providing hyper-specific answers and insights about the real world. The AI Mode chatbot, powered by Gemini 2.0, generates lengthy answers to complex questions, making it a game-changer in search and information retrieval.

Elon Musk Says Post Office, Amtrak Should Be Privatized

The proposed privatization of the US Postal Service and passenger railroad Amtrak by billionaire Elon Musk could significantly impact the nation's postal infrastructure and transportation systems. If successful, this move would align with Trump's broader plans to reduce government size and oversight. However, the financial implications and long-term consequences for these vital services remain uncertain.

Analyst Says Reddit (RDDT) Is a ‘New Frontier’ for Advertises Amid High ROI

Reddit's growing user base and increasing ad engagement have made it an attractive platform for advertisers, with significant returns on investment. The company's innovative technology has enabled effective advertising, outperforming traditional platforms like Facebook and Google. Aswath Damodaran's predictions of commoditization in AI products could benefit Reddit by reducing the need for expensive infrastructure.

Yes, We Are About to Be Treated to a Second Lunar Landing in a Week

Intuitive Machines is preparing for its second lunar landing attempt, carrying valuable experiments including the PRIME-1 ice drill and a NASA-funded hopper to explore lunar craters. The company has implemented significant changes to its spacecraft and software based on lessons learned from its first landing, where a failure in altitude measurement led to a crash landing. As anticipation builds for the live coverage of the landing, the success of this mission could have implications for future commercial lunar exploration.

Talking with Sesame's AI Voice Companion Is Amazing and Creepy - See for Yourself

Sesame has successfully created an AI voice companion that sounds remarkably human, capable of engaging in conversations that feel real, understood, and valued. The company's goal of achieving "voice presence" or the "magical quality that makes spoken interactions feel real," seems to have been achieved with its new AI demo, Maya. After conversing with Maya for a while, it becomes clear that she is designed to mimic human behavior, including taking pauses to think and referencing previous conversations.

OpenAI Expands GPT-4.5 Rollout to Wider Audience

OpenAI has expanded access to its latest model, GPT-4.5, allowing more users to benefit from its improved conversational abilities and reduced hallucinations. The new model is now available to ChatGPT Plus users for a lower monthly fee of $20, reducing the barrier to entry for those interested in trying it out. With its expanded rollout, OpenAI aims to make everyday tasks easier across various topics, including writing and solving practical problems.

Palantir (PLTR) Positioned to Benefit From Government Spending Efficiency

Palantir Technologies Inc. (NASDAQ:PLTR), a leading provider of software solutions for government agencies, has positioned itself to benefit from the growing trend of government spending efficiency, particularly in areas such as artificial intelligence and data analytics. The company's flagship product, Palantir Gotham, is widely used by government agencies to integrate and analyze large datasets, providing valuable insights into various sectors. With its unique blend of AI capabilities and expertise in data analysis, Palantir is well-equipped to capitalize on the increasing demand for efficient government spending.

Deal Alert: Save Up to $480 on the Samsung Galaxy Watch Ultra, Plus Get a Free Watch Band

The Discover Samsung Sale offers substantial savings on the Galaxy Watch Ultra, with discounts reaching up to $480 when trading in an eligible device, or a flat $80 off for those without a trade-in. Additionally, a limited-time promotion includes a free Marine watch band with any purchase of the watch, enhancing the overall value for consumers. This sale not only highlights Samsung's competitive pricing strategy but also emphasizes the growing significance of trade-in programs within the tech market.

Broadcom (AVGO): Early Manufacturing Tests with Intel Signal AI Chip Expansion

Broadcom Inc. is set to begin early manufacturing tests for its AI chip expansion in partnership with Intel, signaling a significant development in the company's AI capabilities. The collaboration aims to accelerate the development of artificial intelligence technologies, which are expected to play a crucial role in various industries, including healthcare and finance. As Broadcom continues to expand its AI offerings, it is likely to strengthen its position in the market.

Apple’s New MacBook Air and Mac Studio Offer Significant Upgrades

The new MacBook Air and Mac Studio from Apple have been announced with various upgrades, including faster processors, improved storage options, and enhanced display capabilities. The M4-powered MacBook Air starts at $999 for its base model, while the 15-inch variant begins at $1,199. In contrast, the new Mac Studio with an M4 Max chip or the beefier M3 Ultra chip starts at $1,999. Both laptops now support up to two external displays and boast improved webcams.

US Congressional Panel Urges Americans to Ditch China-Made Routers

A U.S. congressional committee has urged Americans to remove Chinese-made wireless routers from their homes, citing a security threat that could allow China to hack into critical infrastructure. The House of Representatives Select Committee on China is investigating China's TP-Link Technology Co, which is the top seller of WiFi routers internationally by unit volume. The Commerce Department is considering a ban on the sale of the company's routers.

US Plans to Fire 80,000 Veterans Affairs Workers as Part of Trump Cuts, Sparking Backlash

The Department of Veterans Affairs is planning a drastic reduction in staff, with an expected loss of over 80,000 workers, aimed at returning the agency to its staffing levels from 2019. This move has drawn strong condemnation from military veteran groups and Democrats, who see it as a betrayal of those who have served. The cuts will likely have a significant impact on the care provided to veterans, with critics warning that it could put their health benefits in "grave danger".

Tariffs on Mexico May Spell Doom for Physical Game Discs

Game publishers could completely stop making physical game discs owing to the 25% tariff on Mexico. Analysts warn that pricing for even the digital versions could increase, along with prices for hardw. The tariffs that came into effect on March 4 are targeted towards Canada, Mexico, and China, with Mexico seemingly being the major producer of these game discs.

U.S. Authorities Unleash Bitcoin Mining Equipment

U.S. authorities have begun releasing seized Chinese-made equipment used for cryptocurrency mining, with thousands of units already being released from various ports of entry. The release comes amid ongoing trade tensions between the U.S. and China as well as security concerns raised by U.S. authorities. The move is seen as a partial reversal of restrictions imposed on bitcoin mining equipment late last year.

Macron's Address to the French Nation on Ramping up Defence Spending

French President Emmanuel Macron has signaled a significant shift in France's approach to defense, announcing plans to ramp up military spending and offer European allies protection under France's nuclear umbrella. Macron stated that Russia poses a genuine threat to Europe's security, echoing concerns raised by other EU leaders. He also emphasized the need for greater autonomy in defense matters, suggesting a reevaluation of the EU's relationship with NATO.

US Authorities Begin Releasing some Seized Cryptocurrency Miners, Industry Executives Say

U.S. authorities have begun releasing seized Chinese-made equipment used for cryptocurrency mining, with thousands of units already freed from ports of entry, according to two industry executives. The release of these machines comes amid ongoing trade tensions and security concerns raised by U.S. authorities, although the exact reasons behind their detention remain unclear. The situation highlights the complex relationships between technology companies, governments, and global supply chains.

Ajax vs Eintracht Frankfurt: How to Watch Live Streams of the UEFA Europa League

Ajax and Eintracht Frankfurt are set to clash at Johan Cruyff Arena, promising an exciting match as both teams currently enjoy strong domestic performances. The live stream will be accessible through various platforms, including Paramount Plus in the U.S. and TNT Sports in the U.K., providing fans with multiple viewing options. As Ajax seeks to leverage home advantage and Frankfurt aims to bounce back from recent defeats, this encounter is crucial for both clubs' aspirations in European competition.

5 Ways to Add Laptop Storage — Without Installing a New SSD

Expanding a laptop's storage can be achieved through various methods without the need for an internal SSD upgrade. Options such as using SD or microSD cards, USB flash drives, external drives, network-attached storage (NAS), and cloud storage provide flexibility for users facing storage limitations. Each method has its own advantages and trade-offs, allowing users to choose the best solution based on their specific needs and usage patterns.

US Stocks Rally After Trump Pauses Canada, Mexico Auto Tariffs

US stocks rallied on Wednesday as President Trump provided a one-month auto tariff exemption to automakers. The tech-heavy Nasdaq Composite led the gains, rising more than 1.4%, while the Dow Jones Industrial Average and S&P 500 also rose roughly 1.1%. Shares of Ford, GM, and Stellantis all surged at least 5% in response to the news.

What Happened at the Homebrew Computer Club 50 Years Ago: Apple Was Born, and a Revolution Began

The Homebrew Computer Club, founded in 1975, served as a critical incubator for early personal computing innovations, where Steve Wozniak showcased the first Apple computer. This gathering of tech enthusiasts fostered a culture of collaboration, leading to groundbreaking inventions and the eventual rise of major companies like Apple and Osborne. The club's legacy continues to inspire a spirit of innovation and community within today’s tech landscape, emphasizing the importance of sharing knowledge and ideas.

How to Spot AI Slop on Pinterest - and Why It's Such a Big Problem

Pinterest is increasingly overwhelmed by AI-generated content, commonly referred to as "AI slop," which complicates users' ability to differentiate between authentic and artificial posts. This influx of AI imagery not only misleads consumers but also negatively impacts small businesses that struggle to meet unrealistic standards set by these generated inspirations. As Pinterest navigates the challenges posed by this content, it has begun implementing measures to label AI-generated posts, though the effectiveness of these actions remains to be seen.

Disney Downsizes News Division in Bid to Future-Proof Business Amid Linear TV Decline

Disney is eliminating 6% of its staffers, or nearly 200 employees, from its news and entertainment division as part of efforts to streamline operations amid declining linear television revenue. The bulk of the cuts will impact ABC News, which is also shuttering its political and data-driven news site 538. Disney's restructuring aims to restore efficiency and reduce costs as the company continues to invest in streaming endeavors.

Trump's Trade Policy: Tariffs and Tariff Exemptions

US President Donald Trump's trade policy is reshaping US trade relations with friend and foe alike. The implementation of tariffs on key trading partners, including Canada and Mexico, has significant implications for inflation, interest rates, and the broader economy. The recent announcement of a one-month tariff exemption for automakers in the US-Mexico-Canada Agreement also highlights the dynamic nature of Trump's trade policies.