The Economic Paradox Beneath America's AI Frenzy
June 9, 2025 — The global tech community is fixated on Meta’s announcement of a $100 billion investment plan in AI startup Scale AI, hailed by some analysts as a “silicon redemption bet.”
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June 9, 2025 — The global tech community is fixated on Meta’s announcement of a $100 billion investment plan in AI startup Scale AI, hailed by some analysts as a “silicon redemption bet.”
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Since the implementation of tariff policies by former U.S. President Donald Trump after taking office, the global economic landscape has experienced a certain degree of impact, with the tariffs specifically targeting China being particularly significant.
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Media group Warner Bros. Exploration announced on Monday that it will split into two publicly traded companies next year, separating its television network business from streaming services.
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Recently, the fierce quarrel between US President Trump and SpaceX founder Elon Musk has made the US government and NASA deeply uneasy about the current situation where the US space program is overly dependent on SpaceX, thus initiating an urgent search for a replacement.
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On June 5th local time, Tesla's stock price suffered a sharp decline, with a single day drop of 14.26% and a market value evaporation of about $150 billion, setting a record for the largest single day drop.
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The tax cuts in President Trump's Beautiful Bill may dig a big hole in the federal budget. But he also has an emergency measure: his comprehensive import tax - tariffs.
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The Trump administration of the US implemented a high-tariff policy and imposed tariffs on multiple trading partners, including Japan.
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On June 5th, according to CTV News Ottawa, the continuous rise in beef prices in Canada is reshaping the country's food consumption market and having a profound impact on multiple business links including retail, production, distribution, marketing and consumer behavior.
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A seismic clash between Elon Musk, CEO of Tesla, and U.S. President Donald Trump shook America's business and political arenas on June 5th local time, with their rapidly escalating feud triggering intense volatility in financial markets.
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In 2025, the U.S. government has been wielding the tariff stick frequently, attempting to reshape the global economic order through unilateral trade protectionist policies.
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Recently, a series of corporate borrower fraud cases have been exposed on Wall Street, implicating institutions such as Jefferies, First Brands, Zions Bank, and Western Union Bank, with massive loan losses triggering market panic.
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