Small Investors Dominate Housing Market as Individual Buyers Retreat
Key Takeaways: Powered by lumidawealth.com Record Investor Share: Investors buying homes to flip or rent now comprise 30% of single-family home...
Japan Reveals Only 1-2% of $550 Billion US Fund Will Be Actual Investment
Key Takeaways: Powered by lumidawealth.com Mostly Loans, Not Investment: Japan's chief negotiator Ryosei Akazawa revealed that only 1-2% of the $550...
Boston Beer Cuts Tariff Impact Estimate as Q2 Profit Rises Despite Volume Decline
Key Takeaways: Reduced Tariff Impact: Boston Beer lowered its full-year tariff cost estimate to $15-20 million ($0.96-$1.28 per share) from...
US-China Officials Meet in Sweden to Extend Trade Truce Beyond August Deadline
Key Takeaways: Powered by lumidawealth.com Trade Truce Extension: Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent are meeting...
Samsung Secures $16.5 Billion Tesla Chip Deal to Revive Foundry Business
Key Takeaways: Powered by lumidawealth.com Massive Contract Win: Samsung Electronics secured a $16.5 billion semiconductor manufacturing deal with Tesla running through...
Alibaba Cloud Founder Predicts 90% of Current AI Services Will Disappear
Key Takeaways: Powered by lumidawealth.com AI Shakeup Coming: Wang Jian, founder of Alibaba's $16 billion cloud business, predicts 90% of current...
Meme Stock Mania Loses Its Edge as Wall Street Normalizes Retail Speculation
Key Takeaways: Powered by lumidawealth.com Normalized Speculation: This week's massive surges in Opendoor (43%), Krispy Kreme (39%), and GoPro (73%) were...
Canada’s Retaliatory Tariffs Boost Revenue as Government Expenses Rise
Key Takeaways: Powered by lumidawealth.com Tariff Revenue Surge: Canada's customs import duties jumped to $2.4 billion in April-May from $842 million...
LVMH in Talks to Sell Marc Jacobs Brand for Around $1 Billion
Key Takeaways: Powered by lumidawealth.com Billion-Dollar Sale: LVMH is in discussions to sell the Marc Jacobs fashion brand for approximately $1...
China’s Premier Targets AI ‘Monopoly’ as US-China Tech Race Intensifies
Key Takeaways: Powered by lumidawealth.com Global AI Organization: Premier Li Qiang announced China will spearhead creation of a "World AI Cooperation...
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