Former U.S. President Trump has expressed his desire for Apple (AAPL) to shift its production focus back to the United States rather than expanding in India. Trump highlighted this concern in a recent conversation with Apple CEO Tim Cook.
The FBI has issued a warning regarding the use of AI-generated voice memos impersonating senior U.S. officials. These fraudulent messages aim to deceive current and former government officials and their contacts.
Federal Reserve Chairman Jerome Powell has raised concerns about the potential rise in long-term interest rates due to economic and policy changes. Powell noted significant developments in the past five years, including a period of high inflation prompting aggressive rate hikes.
Meta is delaying the release of its flagship AI model, Behemoth, leading to internal concerns about the direction of its multi-billion-dollar AI investments. The delay raises questions about the model's capabilities compared to previous versions.
Coinbase (COIN, Financial) is under investigation by the SEC for allegedly misreporting user numbers. The company's stock dropped 7.2% following reports of the investigation, which focuses on discrepancies in its reported "verified user" count.
The EU is preparing a new trade proposal with the U.S., aiming to reduce trade barriers and enhance investment. Despite slow progress in direct negotiations, EU officials remain optimistic about reaching a tariff-reduction agreement.