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Daily News

Sam Altman: AI Could Replace 40% of Jobs

OpenAI CEO Sam Altman warns that AI could replace 40% of tasks across industries, urging workers to focus on adaptability and lifelong learning to thrive in the new era of automation.
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Bullwaves
June 4, 2026
4 minutes of reading
Daily News

TIKTOK surpasses Meta in revenue

ByteDance launches a $330B employee buyback as revenue surges, while pressure mounts over the sale of TikTok’s U.S. business.
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Bullwaves
June 4, 2026
5 minutes of reading
Finance News

Porsche SE faces a steep decline in profits

Porsche SE faces a steep decline in profits and trims its 2025 forecasts. To counterbalance, the holding company is diversifying into the defence sector.
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Bullwaves
June 4, 2026
3 minutes of reading
Daily News

Perplexity AI Offers $34.5 Billion for Google’s Chrome

Perplexity AI has made a bold $34.5 billion bid for Google’s Chrome browser following a DOJ antitrust ruling.
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Bullwaves
June 4, 2026
3 minutes of reading
Finance News

Ryanair doubled its second-quarter profits

Ryanair doubles profits thanks to fare hikes and strong summer demand
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Bullwaves
June 4, 2026
3 minutes of reading
Daily News

Pentagon signs $200 million deal with Elon Musk

The Pentagon signs a $200M deal with Elon Musk's xAI for its Grok chatbot, amid controversy and political fallout with Donald Trump.
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Bullwaves
June 4, 2026
3 minutes of reading
Daily News

Skype Shuts Down After Two Decades

After more than 20 years of service, Skype officially shut down on May 5, marking the end of an era for one of the first major video- and voice-calling platforms.
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Bullwaves
June 4, 2026
2 minutes of reading
Daily News

Schiff Calls For Insider Trading Investigation into Trump

Senator Adam Schiff called for a congressional investigation into whether President Donald Trump engaged in insider trading or market manipulation following his decision to pause a set of tariffs, which caused stock prices to surge.
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Bullwaves
June 4, 2026
3 minutes o reading
Daily News

Report: Apple avoid Trump's tariffs by shipping 5 planes full of iphones

Apple transported five planes full of iPhones and other products to meet the soaring demand during the festive season, ensuring that consumers around the world could get their hands on the latest devices. The company's logistical efforts have been aimed at addressing the challenge of maintaining a smooth supply chain during a period when demand for its products is at its peak.
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Bullwaves
June 4, 2026
3 minutes of reading
Finance News

Stocks see second-worst day of the year

Stocks suffered one of their worst days of the year amid renewed concerns about inflation, declining consumer confidence, and increasing skepticism regarding returns from artificial intelligence investments.
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Bullwaves
June 4, 2026
3 minutes of reading
Finance News

S&P 500 Lost $896 billion in market value

U.S. stocks experienced a major downturn as the S&P 500 lost nearly $896 billion in market value, marking its worst day of 2025. The index closed at 5,849.72, marking the second-worst first trading day of March on record. Economic indicators, including rising manufacturing prices and subdued growth forecasts, contributed to heightened investor anxiety.

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Bullwaves
June 4, 2026
4 minutes od reading
Finance News

Starbucks CEO Brian Niccol $96 Million After Just Four Months

Starbucks Corp. awarded its new Chief Executive Officer, Brian Niccol, approximately $96 million after just four months on the job last year, marking one of the largest compensation packages in corporate America.
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Bullwaves
June 4, 2026
2 minutes of reading
Finance News

Musk says Optimus could become the biggest product ever

Tesla moved higher after reporting stronger-than-expected earnings, while Elon Musk pushed a bold vision for Optimus as a major future growth engine. The update comes as earnings season begins in a market still facing macro uncertainty.
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Bullwaves
June 4, 2026
3 minutes of reading
Finance News

Oil Surges Above $97 as Markets Question US-Iran Ceasefire Stability

Oil prices rebound as investors grow skeptical about the US-Iran ceasefire, while global markets show mixed reactions amid geopolitical uncertainty.
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Bullwaves
June 4, 2026
5 minutes of reading
Finance News

Oil Jumps as Trump Revives Iran Threat

Rising geopolitical tensions push oil prices higher while global markets decline due to uncertainty over future developments.
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Bullwaves
June 4, 2026
3 minutes of reading
Finance News

Oil Prices Surge Amid Iran Conflict and Fears Over Strait of Hormuz

Oil prices moved sharply higher on Monday morning as investors reacted to escalating tensions in the Middle East. The rise follows US and Israeli attacks on Iran and Tehran’s military response targeting Israel, US bases in the region, and Gulf oil-producing states.
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Bullwaves
June 4, 2026
2 minutes of reading
Finance News

Nvidia Nears $30 Billion Investment in OpenAI

Nvidia is reportedly close to investing $30 billion in OpenAI as part of a record-breaking funding round that could value the AI company at around $830 billion.
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Bullwaves
June 4, 2026
3 minutes of reading
Crypto News

New Bitcoin Whales Now Control 45% of BTC’s

New Bitcoin whales now hold 45% of BTC’s realized cap, but their recent losses and inexperience could increase volatility and market risks.
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Bullwaves
June 4, 2026
4 minutes of reading
Finance News

Morgan Stanley profit beats estimates

Morgan Stanley exceeded expectations in the third quarter of 2025, fueled by a strong rebound in dealmaking and robust trading results.
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Bullwaves
June 4, 2026
4 minutes of reading
Daily News

Netflix loses $15B after Musk urges cancellations

Netflix shares tumble as Elon Musk’s call to cancel subscriptions sparks a $15B market loss.
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Bullwaves
June 4, 2026
3 minutes of reading

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