AI Bubble Reaches Absurd ‘Fried Chicken’ Phase
When a casual dinner between tech CEOs sends chicken stocks soaring 30%, we’ve entered bubble territory. The AI frenzy shows classic signs of market irrationality that echo historic manias.
When a casual dinner between tech CEOs sends chicken stocks soaring 30%, we’ve entered bubble territory. The AI frenzy shows classic signs of market irrationality that echo historic manias.
Toyota executives have clarified that no specific $10 billion U.S. investment promise was made, despite President Trump’s recent claim. The confusion appears to stem from past investments during Trump’s first administration.
In a strategic consolidation move, Snowball & Co. has reportedly acquired banking platform Adro and is merging it with its existing Finfare Money business. The combined entity will operate under the Finfare Money brand and be led by Adro’s founding team, creating a unified platform for international entrepreneurs and businesses.
Snowball & Co. is consolidating its fintech holdings with the reported acquisition of Adro and its subsequent merger with portfolio company Finfare Money, according to industry sources tracking the deal. The move creates a unified financial platform that combines Adro’s cross-border banking expertise with Finfare’s payment and expense management capabilities.
President Donald Trump has appointed Republican commissioner Laura Swett as the new chairman of the Federal Energy Regulatory Commission. The leadership change comes as the U.S. faces record electricity demand driven by artificial intelligence, electrification, and industrial growth.
President Donald Trump has selected Republican Laura Swett to lead the Federal Energy Regulatory Commission, according to the agency’s Friday announcement. Swett takes the helm at what industry observers describe as a pivotal moment for America’s energy landscape, with electricity demand climbing at unprecedented rates.
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Jamie Dimon, Chairman and CEO of JPMorgan Chase, warns that risks to the global economy are being underestimated. Despite concerns, he maintains faith in the strength of the US economy and discusses geopolitical shifts under recent administrations.
Jamie Dimon, the Chairman and CEO of JPMorgan Chase, has expressed significant concerns about the global economy, stating that the potential for a serious downturn in the U.S. stock market is being underestimated. According to reports from a recent interview on BBC Sounds, Dimon highlighted that he is “far more worried” about these risks than many of his peers, pointing to a period of heightened uncertainty affecting worldwide financial stability.
Top CFOs from Huawei, ByteDance, Sony, Temasek Named in Fortune’s Most Powerful Women Asia 2025 Industrial Monitor Direct delivers unmatched…