For Mike Musheinesh, CEO of Detroit Axle, the economic effects of President Donald Trump’s import tariff policies arrived like a sledgehammer. The auto parts retailer’s tariff bill on $1 million of imports skyrocketed from $25,000 to an eye-watering $725,000 overnight. It was a 70% jump that transformed the federal government into Detroit Axle’s single largest […]
TikTok Parent ByteDance Unveils Google Nano Banana Rival at Affordable Price
Chinese tech giants ByteDance and Alibaba Group Holding Limited (NYSE:BABA) are stepping up their efforts to compete with Alphabet Inc (NASDAQ:GOOGL) Google in the generative AI space. ByteDance and Alibaba Step Up Their AI Game to Challenge Google TikTok parent ByteDance has launched its latest generative AI image model, Seedream 5.0, aiming to compete with […]
Strategy Buys 1,142 Bitcoin At An Average Price Of $78,815
Strategy (NASDAQ:MSTR) on Monday announced it had bought 1,142 Bitcoin (CRYPTO: BTC) at $78,815 average price for $90 million between February 2 and February 8. The Latest Bitcoin Purchase Strategy’s acquisition was funded by selling 616,715 shares of Class A common stock that generated $89.5 million in net proceeds. As of February 8, the company […]
Taiwan Semiconductor Bets On Japan To Shield Its AI Chip Empire From Global Risks
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is widening its manufacturing footprint beyond Taiwan as it navigates tariff uncertainty, China-related risk, and surging AI-driven demand for leading-edge chips. Japan Expansion Adds A Geopolitical Hedge After meeting Japanese Prime Minister Sanae Takaichi on Thursday, CEO C.C. Wei said Taiwan Semiconductor intends to produce wafers using its 3-nanometer […]
IT Services Giant Cognizant Issues Healthy Outlook As $500 Million ‘Mega-Deals’ Fuel AI Growth
Cognizant Technology Solutions Corp (NASDAQ:CTSH) reported its fourth-quarter results and guidance on Wednesday. The information technology consulting and outsourcing company clocked a quarterly revenue growth of 4.9% year-over-year to $5.33 billion, topping the analyst consensus estimate of $5.31 billion. The quarterly adjusted EPS of $1.35 beat the analyst consensus estimate of $1.32. Profits And Margins […]
Disney ‘In Much Better Shape Today Than It Was 3 Years Ago:’ Outdoing CEO Bob Iger
Walt Disney Co. (NYSE:DIS) released its fiscal first-quarter 2026 results on Monday. For the quarter, Disney reported adjusted EPS of $1.63, beating the consensus estimate of $1.57. However, revenue increased 5% year-over-year (Y/Y) to $25.98 billion, topping the $25.74 billion analyst forecast. Segment Revenue and Operating Income Overview Revenue for the Entertainment segment, which encompasses traditional TV networks, […]
Global Economy Headed For 2008-Style Meltdown In 2026?
The Indian Economic Survey 2025-26 has outlined a stark warning regarding a potential global financial “systemic shock cascade” in 2026 that could outpace the severity of the 2008 Global Financial Crisis. The AI Infrastructure ‘Huge Bet’ Tabled in the Indian Parliament on Thursday, the survey estimates a 10-20% residual probability for this worst-case scenario, where […]
Jim Cramer Says Seagate’s ‘Multi-Year Build Out’ Signals Bullish Tide For Nvidia, Google, And Amazon
CNBC’s Jim Cramer has identified a critical signal in the technology sector, suggesting that Seagate Technology Holdings PLC‘s (NASDAQ:STX) recent performance points to a sustained infrastructure boom that will directly benefit major players like Nvidia Corp. (NASDAQ:NVDA), Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). A Leading Indicator For Big Tech In a post […]
Newsletter
EXCLUSIVE: Taxed Without Consent — American Small Business Sues to Break Trump’s Tariff Grip
February 13, 2026
For Mike Musheinesh, CEO of Detroit Axle, the economic effects of President Donald Trump’s import tariff policies arrived like a sledgehammer. The auto parts retailer’s tariff bill on $1 million of imports skyrocketed from $25,000 to an eye-watering $725,000 overnight. It was a 70% jump that transformed the federal government into Detroit Axle’s single largest […]
Read More