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WeWork’s shares plunge 37% on bankruptcy reports
WeWork’s shares plunged 37% in pre-market trading Wednesday, following news reports that the company plans to file for bankruptcy as early as…
Opinion: AMD makes bold prediction for its AI chips — but it’s actually not so far-fetched
Advanced Micro Devices Inc. gave Wall Street a bold projection for revenue from its first AI chips for next year, and while the outlook may look like a high hurdle,…
Toyota raises annual profit forecast by 50% because of weak currency
Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen and strong sales, and raised its…
Yum China just gave investors a new reason to worry about the Chinese economy
Yum China Holdings Inc. late Tuesday gave investors a fresh reason to worry about China’s economy. Yum China’s shares YUMC fell about 9% in the extended session…
‘Awfully easy money’: Charlie Munger praises Warren Buffett’s big bets on Japan
Warren Buffett’s decision to invest billions of dollars into Japan was “a no-brainer” that felt like a gift from God, according to his…
The stock market hinges on Fed Chair Jay Powell’s every word. Now, the presidential election could too
The focus of the country is about to switch to 24/7 wall-to-wall coverage of the presidential election, including primaries, debates, campaign-spending totals, and…
Australia snubs EU terms for free trade deal
Canberra — Australia has rejected European Union proposals for a free trade agreement, and a deal is now unlikely to be reached for several years, …
Sam Altman warns AI could kill us all. But he still wants the world to use it
Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization.…