Category: 500bn
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Apple unveils $500bn US investment drive to circumvent Trump’s China tariffs
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Apple has announced plans to spend 500 billion dollars (400 billion pounds) and employ 20,000 additional employees in the United States, as it seeks to protect itself from the impact of the latest tariff for President Donald Trump targeting goods in China. Tim Cook, CEO of Apple, revealed a four…
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Nvidia: over $500bn wiped off value in 3 days in record drop
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Nvidia’s Jensen Huang began learning the meaning of the phrase “the higher they go, the harder they fall.” After briefly outperforming Microsoft and Apple last week – and indeed entire European stock markets – the company behind the AI chip boom saw the fastest single divestment in history. Over the…