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Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics
The big risk for Beijing is that the Iran war drags down global demand for the exports that are driving China's economic growth.Read More...
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
Startup Shengshu plans to use the money for a "general world model," paving the way for more practical robot applications.Read More...
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Policymakers said they would need to remain "nimble" as they weighed the impact the war had on inflation.Read More...
Ray Dalio: Trump-Xi meeting to focus on trade, capital flows
Bridgewater founder Ray Dalio told CNBC he is optimistic about the outcome of a meeting between the U.S. and Chinese presidents next month.Read More...
Upstart Wall Street research firm says it sent an analyst to Strait of Hormuz. Here’s what they learned
Citrini Research said it dispatched an analyst to Oman's Musandam Peninsula, where he traveled by boat to observe shipping activity firsthand.Read More...
JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
JPMorgan CEO Jamie Dimon in his annual letter to shareholders noted the country's 250th anniversary and called for a broad recommitment to American ideals.Read More...
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