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Amazon's annual revenue surpasses Walmart for the first time; the retail giants ramp up the AI competition.

Amazon's annual revenue surpasses Walmart for the first time; the retail giants ramp up the AI competition.

``` Amazon has surpassed Walmart in annual revenue for the first time, becoming the company with the highest yearly earnings. Walmart announced Thursday that its annual revenue for the most recent fiscal year was $713.2 billion, slightly below Amazon’s $716.9 billion. In fact, this milestone had shown signs

Awkward moment at India AI Summit! OpenAI and Anthropic leaders refuse to hold hands during group photo.

Awkward moment at India AI Summit! OpenAI and Anthropic leaders refuse to hold hands during group photo.

``` An awkward scene unfolded at the AI summit held in New Delhi, India on Thursday: during a group photo session arranged by Indian Prime Minister Modi, 14 business and political leaders, including Modi himself, stood in a line, each holding hands and raising them above their heads. However, OpenAI CEO

U.S. trade deficit widened in December, recording one of the largest annual deficits since 1960.

U.S. trade deficit widened in December, recording one of the largest annual deficits since 1960.

``` Despite the Trump administration's efforts to reduce the United States' huge trade deficit, the overall annual trade imbalance showed little change, with the U.S. trade deficit widening in December, marking the end of the year. The U.S. Department of Commerce reported on Thursday that, after

Is Trump “overconfident” or merely “putting on a show” regarding Iran and oil prices?

Is Trump “overconfident” or merely “putting on a show” regarding Iran and oil prices?

``` There is a warning on Wall Street: "Past performance does not predict future outcomes." This principle is equally instructive for the White House. Bloomberg columnist Javier Blas points out that the Trump administration seems to believe that since last year’s airstrikes on Iran’s nuclear facilities did

Samsung Electronics shares soar to a record high! Report: Company plans to raise HBM4 chip prices by 30%

Samsung Electronics shares soar to a record high! Report: Company plans to raise HBM4 chip prices by 30%

``` Driven by the tight supply situation of AI memory, Samsung Electronics' stock price soared to a record high on Thursday. Previously, Korean media reported that the chip manufacturer was negotiating prices for the latest generation of AI memory chip HBM4, with quoted prices up to 30% higher than the

Foreign capital is snapping up Japanese stocks, with the net weekly purchase volume hitting the highest level since 2014!

Foreign capital is snapping up Japanese stocks, with the net weekly purchase volume hitting the highest level since 2014!

``` Foreign capital is pouring into Japanese stocks at the fastest pace in a decade. In the week following Sanae Takaichi's election victory, net purchases by overseas investors of Japanese stocks and index futures hit a more than ten-year high. Data released by the Japan Exchange Group on Thursday

Hawkish expectations rise! Most economists predict the Bank of Japan will raise interest rates ahead of schedule.

Hawkish expectations rise! Most economists predict the Bank of Japan will raise interest rates ahead of schedule.

Market expectations for the Bank of Japan’s rate hike are significantly moving forward. On February 19, according to Bloomberg, Junichi Hanzawa, president of the Japanese Bankers Association, stated at a routine press conference in Tokyo that the central bank could begin raising interest rates as early as March or