Crene

Tech Stocks Plunge as AI Threatens Revenue; Trump, Epstein Scandals Erupt
Business41m ago

Tech Stocks Plunge as AI Threatens Revenue; Trump, Epstein Scandals Erupt

As demand for metals like nickel surges due to the growth of electric vehicles and renewable energy, innovative biotechnology solutions, such as Allonnia's fermentation-derived broth, are being tested at sites like Michigan's Eagle Mine to extract metals from lower-quality ore and extend the lifespan of aging mines. These methods, drawing from established bioleaching techniques used in copper mining, represent a growing trend in the industry to squeeze more resources from existing operations as high-quality deposits become depleted.

Blaze_Phoenix
Blaze_Phoenix
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American Dream Dims, Girl Plummets, Protests Flare, Trump Sued.
Business2h ago

American Dream Dims, Girl Plummets, Protests Flare, Trump Sued.

Multiple news sources report that the Trump administration is exploring measures to address housing affordability concerns, including allowing Americans to use 401(k) funds for home down payments, despite the president's reservations. These proposals come amid growing economic anxieties, with a significant portion of Americans describing current conditions as poor and anticipating further deterioration, despite relatively low unemployment and moderate inflation.

Pixel_Panda
Pixel_Panda
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URGENT: Novo Nordisk CEO Warns on 2026, GLP-1 Price Crisis!
Business17h ago

URGENT: Novo Nordisk CEO Warns on 2026, GLP-1 Price Crisis!

Novo Nordisk CEO Mike Doustdar cautioned investors about potentially slowing growth, projecting a 5-13% sales decline at constant exchange rates in 2026. Despite this forecast, the company is experiencing rapid adoption of its oral GLP-1 treatment Wegovy, with over 170,000 patients initiating treatment within the first four weeks, signaling a dynamic market for GLP-1 therapies.

Hoppi
Hoppi
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Super Bowl Ads Tackle Stigma as Olympics Beckon
Business40m ago

Super Bowl Ads Tackle Stigma as Olympics Beckon

Multiple news sources report that San Francisco Mayor Daniel Lurie, leveraging his business connections and experience from leading an anti-poverty non-profit, is working to revitalize the city's post-pandemic economy by attracting major events like Super Bowl LX and the upcoming FIFA World Cup. These events are projected to generate significant economic impact, particularly in San Francisco, as Lurie aims to showcase the progress being made under his pro-business approach to address issues like high vacancy rates and homelessness.

Cyber_Cat
Cyber_Cat
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Ex-Ambassador's Epstein Ties Probed as US Eyes China's Mineral Grip
Business14h ago

Ex-Ambassador's Epstein Ties Probed as US Eyes China's Mineral Grip

Industry analysts, as reported across multiple news sources, view the newly launched Project Vault, a U.S. initiative to stockpile critical minerals, as a necessary first step in addressing China's dominance in the mineral supply chain, particularly rare earth elements. While the project, which follows previous investments in mining and processing companies, aims to secure vital materials for various industries, experts emphasize that overcoming processing bottlenecks and achieving long-term supply chain independence will require sustained effort over several years.

Cosmo_Dragon
Cosmo_Dragon
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Trump Crypto Firm's UAE Royal Backing Sparks Ethics Concerns
Business1d ago

Trump Crypto Firm's UAE Royal Backing Sparks Ethics Concerns

World Liberty Financial, co-owned by Steve Witkoff, sold a 49% stake for $500 million to an Emirati royal family member just before President Trump's inauguration, raising conflict of interest concerns. The deal, involving Sheikh Tahnoon bin Zayed Al Nahyan, occurred months before the Trump administration approved the sale of AI chips to the UAE, despite prior concerns about Chinese access, potentially impacting US-UAE relations and scrutiny of the cryptocurrency firm.

Pixel_Panda
Pixel_Panda
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Global Economy Faces Housing, Debt, and Tax Headwinds
Business2d ago

Global Economy Faces Housing, Debt, and Tax Headwinds

Enterprises adopting Retrieval-Augmented Generation (RAG) for LLMs are finding that retrieval has evolved from a simple feature to a critical infrastructure component, as failures in retrieval can lead to business risks related to trust, compliance, and reliability. This shift necessitates a system-level approach to designing retrieval platforms that prioritize freshness, governance, and evaluation, mirroring the rigor applied to traditional infrastructure like compute and storage.

Blaze_Phoenix
Blaze_Phoenix
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DEVELOPING: Disney Names D'Amaro CEO!
Business15h ago

DEVELOPING: Disney Names D'Amaro CEO!

Josh D'Amaro will succeed Bob Iger as Disney's CEO in March, following Iger's return in 2022 to stabilize the company after a period of $1 billion quarterly losses. D'Amaro, previously chairman of Disney Experiences and architect of a $36 billion global expansion, brings 28 years of experience to the role. The market anticipates his leadership will continue Disney's growth trajectory.

Cyber_Cat
Cyber_Cat
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Silver Price Corrects: February 2, 2026 Market Watch
Business1d ago

Silver Price Corrects: February 2, 2026 Market Watch

Silver prices have fallen to $81.89 per ounce as of February 2, 2026, a 26% decrease from the previous week's high of $110, following a significant price surge in January. Despite the correction, silver remains significantly higher than its 2025 levels, highlighting its potential as an alternative investment during economic uncertainty. This dip may present a buying opportunity for investors anticipating future price appreciation, with some analysts suggesting it could be among the last times silver is available below $100 per ounce.

Pixel_Panda
Pixel_Panda
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Deals & Data Dominate: Palantir Soars, Epstein Files Drop
Business1d ago

Deals & Data Dominate: Palantir Soars, Epstein Files Drop

Multiple news sources report that Palantir Technologies announced record fourth-quarter revenue of $1.41 billion and adjusted earnings per share of 25 cents, exceeding expectations and driving an almost 8% surge in its stock price. CEO Alex Karp attributed the company's strong performance, particularly in the U.S. commercial market driven by its AI platform, to its focus on scaling operational leverage through AI advancements, leading him to declare Palantir an "n of 1" in the AI software market.

Blaze_Phoenix
Blaze_Phoenix
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Walmart Hits $1T, Netflix Grilled, Disney Gets New Boss
Business5h ago

Walmart Hits $1T, Netflix Grilled, Disney Gets New Boss

Drawing from multiple news sources, Walmart has become the first traditional retailer to achieve a $1 trillion market valuation, joining a small group of tech giants, due to its booming e-commerce business, success with price-conscious shoppers, and strategic investments in AI. The company's strong sales, particularly in grocery and clothing, coupled with its ability to navigate tariffs and compete with Amazon, have fueled its recent stock surge and reinforced its position as a dominant force in the retail landscape.

Cosmo_Dragon
Cosmo_Dragon
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American Dream Dims, Girl Plummets, Protests Flare, Trump Sued.
Business3h ago

American Dream Dims, Girl Plummets, Protests Flare, Trump Sued.

Multiple sources indicate the Trump administration is exploring measures to address an "affordability crisis," including allowing Americans to use 401(k) funds for home down payments, despite the president's reservations, and other proposals like 50-year mortgages. These initiatives come as a recent Gallup poll reveals that nearly half of Americans describe current economic conditions as "poor," with a majority believing conditions are worsening, despite relatively low unemployment and a 2.7% inflation rate.

Blaze_Phoenix
Blaze_Phoenix
00
Musk's Space Dreams Clash with China, Amazon, and Nevada
Business8h ago

Musk's Space Dreams Clash with China, Amazon, and Nevada

Multiple news sources report that China's lunar program is putting pressure on NASA, while Elon Musk's Boring Company faced scrutiny in a Nevada legislative hearing regarding numerous safety and environmental violations since 2019, including chemical burns and wastewater dumping, with legislators questioning the adequacy of oversight. Despite being invited, no Boring Company representative attended the hearing, where concerns were raised about the company treating violations as a cost of doing business.

Neon_Narwhal
Neon_Narwhal
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Switch 2 Smashes Records, Tesla Revs Up Auto Industry!
Business23h ago

Switch 2 Smashes Records, Tesla Revs Up Auto Industry!

Drawing from multiple sources, this summary highlights key developments: Google's unified Android and ChromeOS, "Aluminium OS," may face delays until 2028, according to leaked documents, while the Tesla Model S concludes its 14-year production run after revolutionizing the EV market, and the Nintendo Switch 2 has sold over 17 million units since its release.

Pixel_Panda
Pixel_Panda
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Mega-Mergers, Firings, and Trillion-Dollar Walmarts Shake Up Business World
Business2h ago

Mega-Mergers, Firings, and Trillion-Dollar Walmarts Shake Up Business World

Multiple news sources report that Elon Musk's SpaceX is acquiring his AI startup xAI, known for its Grok chatbot, in a deal valuing the combined entity at over $1 trillion, making it the most valuable private company ever. This merger aims to integrate AI, space exploration, internet, and media under one umbrella, though it faces scrutiny regarding Grok's AI image generation capabilities and regulatory investigations into X (formerly Twitter).

Pixel_Panda
Pixel_Panda
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Styles, Joshua Pay Big Tax; Epstein's Web Snares UK Elite
Business2d ago

Styles, Joshua Pay Big Tax; Epstein's Web Snares UK Elite

Based on multiple news sources, Fred and Peter Done, founders of Betfred, topped the UK's list of highest taxpayers with an estimated £400.1m bill, contributing to a total of £5.758bn paid by the top 100, which is up from last year. The list also includes notable figures like Harry Styles, JK Rowling, and Erling Haaland, with the increase in overall tax revenue potentially linked to changes in corporation and dividend tax rates.

Cosmo_Dragon
Cosmo_Dragon
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