Intel Faces Leadership Shake-Up as AI Chief Departs Amid Struggles
Key Takeaways: Justin Hotard, Intel's head of data-center and AI operations, is leaving to lead Nokia. Intel continues to experience...
Google’s Demis Hassabis Disputes DeepSeek’s Low AI Development Cost Claims
Key Takeaways: Powered by lumidawealth.com DeepSeek's reported AI development cost of under$6 million is disputed by Google's Demis Hassabis as misleading....
Trump Imposes 25% Tariffs on Steel and Aluminum Imports, Sparking Trade Tensions
Key Takeaways: Powered by lumidawealth.com The U.S. will apply 25% tariffs on all steel and aluminum imports, including from key trading...
Federal Judge Blocks Elon Musk’s Access to US Treasury Payments Data Amid Privacy Concerns
Key Takeaways: Powered by lumidawealth.com A federal judge in New York has temporarily blocked Elon Musk and his team from accessing...
Crypto Firms Ramp Up Lobbying Efforts in Washington to Influence Pro-Crypto Administration
Key Takeaways: Powered by lumidawealth.com Crypto companies are increasingly hiring well-connected lobbyists and policy experts to influence the new administration and...
Broad Market Rally Gains Momentum as Investors Look Beyond Big Tech
Key Takeaways: Powered by lumidawealth.com The Roundhill Magnificent Seven ETF, dominated by Big Tech, has underperformed the broader market in 2025,...
Alphabet Exits Snowflake Investment, Selling Remaining Stake
Key Takeaways: Powered by lumidawealth.com Alphabet sold its remaining 114,554 Snowflake shares in the fourth quarter, fully exiting its investment. The...
Trump Announces Plans for Reciprocal Tariffs, Ratcheting Up Trade Tensions
Key Takeaways: Powered by lumidawealth.com President Trump plans to announce reciprocal tariffs next week, targeting countries imposing tariffs on U.S. imports....
Global Economy Shows Mixed Signals as US Job Growth Cools and Central Banks Ease Rates
Key Takeaways: Powered by lumidawealth.com US job growth slows in January, but the labor market remains resilient, keeping the Fed patient...
BlackRock Increases Stake in Strategy to 5%, as STRK Preferred Stock Debuts Strong
Key Takeaways: Powered by lumidawealth.com BlackRock has increased its ownership in Strategy (MSTR) to 5% from 4.09% The position represents approximately...
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser