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Stargate Is Fueling A Record Stock Market
Trump’s new AI initiative, Stargate, has sparked a major stock market surge, with $500 billion invested by OpenAI, Oracle, SoftBank, and others. This news boosted tech stocks, especially data centers and computer companies. Despite some doubts, the market remains optimistic about the potential of AI-driven investments.
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NASA Shuts Down DEI Programs
NASA’s acting head, Janet Petro, ended the agency’s diversity and inclusion programs, following directives from the Trump administration. Despite efforts to increase diversity, NASA’s workforce remains predominantly male and white, with little progress in representation. Petro’s stance marks a sharp reversal from her previous support for diversity initiatives at Kennedy Space Center.
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Why iPhone Market Share In China Is Plunging
Apple’s iPhone is losing market share in China as local competitors like Huawei gain ground. High prices and limited features appeal to a smaller, wealthier audience, while Chinese consumers prefer more affordable alternatives. Apple’s strategy is faltering, highlighting the need for fresh, useful innovations and new growth opportunities.
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Trump’s Muddled Tiktok Plan Gets Chinese Pushback
President Trump’s plan for TikTok in the U.S. faces backlash after he proposed a joint venture with the U.S. owning half of the app. China rejected the idea, insisting TikTok’s ownership must follow Chinese laws. Meanwhile, the app’s removal from U.S. stores has left users and businesses uncertain.
