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The Latest Breaking News from Michael Ashley Schulman

AI chip startup Etched doubles valuation to $21 billion in under a month

The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing ‌by leading ⁠the round, ⁠joined by Kleiner Perkins, Sequoia, Andreessen Horowitz and Tiger Global, among others.

The Economic Times

Tesla Launches More Affordable Model 3 And Model Y Variants Amid Growing EV Competition

Tesla Launches More Affordable Model 3 And Model Y Variants Amid Growing EV Competition

Tesla's launch of more affordable Model Y and Model 3 variants aims to revive slowing sales and defend market share amid intensifying global EV competition, but analysts and investors remain sceptical.

International Business Times UK

A vacancy on the Fed is opening early as Trump urges board to 'assume control' if Powell doesn't cut rates

A vacancy on the Fed is opening early as Trump urges board to 'assume control' if Powell doesn't cut rates

The 12 voting members of the FOMC make interest rate decisions based on a simple majority vote.

From analysis to the latest developments in health,
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Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI

A major transition is coming for the highly coveted junior analyst position at big Wall Street banks, experts agree.

Does Europe need a supergrid? Experts weigh up pros and cons of ‘stitching’ national grids together

In the wake of the widespread power outage in Spain and Portugal, experts revisit the case for a supergrid across Europe.

Fastenal: A Long-Term Winner Beyond The Magnificent Seven

Fastenal's financial performance looks even better when it comes to Economic Value Added (EVA), the difference between the Return on Invested Capital (ROIC) and the Weighted Average Cost of Capital (WACC).

International Business Times

Housing Market In 2024: Another Boom Or Another Bust?

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

International Business Times

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Salesforce Wants To Be The Top AI CRM Company: Can It Solve Its Growth Problem?

AI is the next big thing in the IT industry. Salesforce wants to be on top of it.

International Business Times

Cash back credit cards can be simple and complex, here’s how to pick the best one for you

Cash back credit cards can be simple and complex, here’s how to pick the best one for you

Cash back credit cards allow you to earn a percentage of cash back on your spending.

Want to buy a house? Here's how to save enough money

Want to buy a house? Here's how to save enough money

The home loan you choose can make all the difference.

Tech, financials drag ASX lower; global equities fall despite positive US economic data

Tech, financials drag ASX lower; global equities fall despite positive US economic data

Australian shares, in tandem with global markets, edge lower, dragged down by losses in technology and banking stocks as investors remain wary of potential rate hikes in the US.

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