Tag Archives: CNBC

Companies turn to AI to navigate Trump tariff turbulence

Businesses are turning to artificial intelligence tools ranging from intelligent agents to predictive systems that can simulate changes in U.S. tariff policies.

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Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash

Zoox’s recall comes after an unoccupied robotaxi was struck by an e-scooter rider at an intersection earlier this month.

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At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax

Trump’s meme coin dropped 16% the morning after a black-tie gala for buyers, triggering political backlash that threatens to derail stablecoin legislation.

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Intuit shares pop 9% on earnings beat, rosy guidance

Intuit shares popped on Friday, a day after the company reported strong quarterly results.

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Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

For now, most of Apple’s most important products are exempt from tariffs after Trump gave phones and computers a tariff waiver — even from China — in April.

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Palantir CEO Alex Karp sells more than $50 million in stock

Chief Technology Officer Shyam Sankar, co-founder and president Stephen Cohen and other executives also dumped millions worth of shares.

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Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.

Shares of Apple were under pressure on Friday after Trump’s post on Truth Social.

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Apple raises trade-in prices for iPhones in China to spur demand in key market

Apple has faced falling market share and declining sales amid tougher competition from local rivals like Xiaomi and Huawei.

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BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says

Data from JATO Dynamics shows that BYD’s Europe volumes rose 359% in April from last year as the company continues its global expansion efforts.

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Amazon shareholders reject proposal to split CEO and chair roles

Amazon previously split the CEO and chair roles when Andy Jassy succeeded Jeff Bezos at the helm in 2021.

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