Uplifting Echoes

Business

A divided Fed holds interest rates steady despite stubborn inflation - The Washington Post

A divided Fed holds interest rates steady despite stubborn inflation - The Washington Post

The central bank left rates unchanged for a fifth straight meeting, holding off on an increase designed to fight rising prices even as three fed officials argued for higher rates.

China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations - CNBC

China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations - CNBC

China's Commerce Ministry said Thursday the U.S. Federal Communications Commission has repeatedly ignored Beijing's restrained stance.

Suspect arrested after 13 Teslas vandalized with 'Nazi' and 'fascist' writings, Irvine police say - ABC7 Los Angeles

Suspect arrested after 13 Teslas vandalized with 'Nazi' and 'fascist' writings, Irvine police say - ABC7 Los Angeles

Authorities announced the arrest of a suspect who was wanted after more than a dozen Teslas were vandalized in separate incidents at the same plaza in Irvine.

Why SoFi’s stock drops, even after its earnings beat expectations - MarketWatch

Why SoFi’s stock drops, even after its earnings beat expectations - MarketWatch

Investors were disappointed by the online bank’s restrained guidance

Stock futures rise as Microsoft jumps after earnings; traders hope to recover from Fed Day sell-off: Live updates - CNBC

Stock futures rise as Microsoft jumps after earnings; traders hope to recover from Fed Day sell-off: Live updates - CNBC

Investors were digesting megacap tech earnings and the Federal Reserve's decision to hold rates steady.

Samsung’s Chip Profit Soars Over 250-Fold on AI Memory Shortages - Bloomberg.com

Samsung’s Chip Profit Soars Over 250-Fold on AI Memory Shortages - Bloomberg.com

Samsung Electronics Co. posted a 250-fold surge in chip profits and now expects memory shortages to worsen next year, reflecting the relentless pace of a global AI infrastructure buildout.

Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at cloud business - Fortune

Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at cloud business - Fortune

Meta’s quarterly results showcased the strength of its core social media business, as well as the gap in its business model in the AI arms race.

The Memory Crash Has 4 Big Stocks Down 30% or More From Their Highs. I'd Buy 2 of Them. - The Motley Fool

The Memory Crash Has 4 Big Stocks Down 30% or More From Their Highs. I'd Buy 2 of Them. - The Motley Fool

The sell-off is treating four very different businesses as one trade. Sorting them apart is where the opportunity is.

Red Cross declares crisis over blood supply shortage in US for second time its history - BBC

Red Cross declares crisis over blood supply shortage in US for second time its history - BBC

Fewer donations and higher demand has seen a supply shortage worsen, the American Red Cross tells the BBC.