JP Morgan (NYSE:JPM) CEO Jamie Dimon has raised a red flag about the potential underestimation of the risk of higher U.S. interest rates by the financial markets. What Happened: Dimon expressed his co[...]
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U.S. ‘Never Going To Default,’ Says Scott Bessent, Dismissing Jamie Dimon’s Debt Crisis Warnings: ‘For His Entire Career…’
Scott Bessent, the U.S. Treasury Secretary, assured that the country will not default on its debt, even as the deadline for raising the federal debt ceiling approaches. What Happened: Bessent, in an i[...]
Read moreMark Zuckerberg’s Meta Targets $1.4 Trillion Revenue From Generative AI By 2035, Court Filing Reveals
Meta Platforms Inc. (NASDAQ:META) has projected that its generative AI products could potentially rake in revenue ranging from $460 billion to $1.4 trillion by the year 2035. This information was glea[...]
Read moreFacebook Hosts Multiple Black Market Groups Illicitly Trading Uber And DoorDash Driver Accounts: Report
Facebook has been found hosting several groups where Uber and DoorDash driver accounts are being traded, thereby circumventing the necessary screening procedures and potentially posing a safety risk.[...]
Read moreAs PayPal Shifts Focus From Payments To Commerce, Analysts Urge Caution Amid ‘Ambitious’ Plans
PayPal Holdings Inc. (NASDAQ:PYPL) has made several announcements and shared its growth strategy for the upcoming years, on its investor day on Tuesday attracting mixed response from analysts. What Ha[...]
Read moreFranklin Templeton Seeks SEC Approval For New Crypto Index ETF Focused On Bitcoin And Ether
Asset management behemoth, Franklin Templeton Investments (NYSE:BEN), is seeking regulatory approval to launch a new cryptocurrency index exchange-traded fund (ETF). What Happened: Franklin Templeton[...]
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