Finance news

Seeking feedback on my FIRE drawdown strategy (The 3-Bucket Strategy)

\Disclaimer: I only used AI to translate this into English, since I'm not a native speaker** Hi everyone, I’m looking for some advice and feedback on the drawdown strategy you are currently using (if you’re already FIRE) or plan to use once you reach your goal. Personally, I’ve been researching this topic for a while now (I’m roughly 7 to 10 years away from my target date), and I think I’ve found the approach that makes the most sense to me. I’ll map it out below and would love to get your insig

‘Looming dangers’ under China-US ties: AI and rare earths reveal a fragile floor

Deep-seated structural rivalry and lingering regulatory barriers are likely to limit any thaw in China-US ties, even though last month’s summit put a temporary floor under the fragile relationship, an expert from China’s top state-affiliated think tank has warned. Speaking at the World Economic Forum’s annual meeting in Dalian on Thursday, Zhao Hai, of the Chinese Academy of Social Sciences (CASS), struck a cautious note on the trajectory of the world’s most consequential bilateral relationship,

Amazon adds new funding, lifting India AI and cloud investment to $48 billion

Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.

South Korea plans new chip cluster as AI boom strains capacity

Hong Kong exports rise by nearly 41% in May as AI keeps fuelling demand

The recent bumper growth in Hong Kong exports spilled into May, expanding by 40.8 per cent year on year, as artificial intelligence-related products continued to fuel already robust demand overseas. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose to HK$611.2 billion (US$77.95 billion) last month, following a nearly 43 per cent increase in April. The May figure marked the second month in a row that export growth exceeded

Poland buys V-BAT drones to boost Baltic Sea naval operations

The deal puts Poland in line to become the first country on NATO’s eastern flank to acquire the Shield AI-made drone.

Could China’s photonic chips help it leapfrog US on AI?

China opened a top-level optical computing laboratory in Shanghai in June after a string of breakthroughs in the field that could help get around US curbs on its development of artificial intelligence (AI). A decade after optical computing and next-generation photonics were made national priorities, China last year began limited production of locally designed photonic chips. These transmit and process data using photons – particles of light generated by lasers – whereas silicon chips such as the

Huawei and Cambricon lead China’s AI server chip surge, piling pressure on Nvidia

Chinese chip suppliers led by Huawei Technologies and Cambricon Technologies, together with tech giants developing their own silicon, are set to capture nearly 80 per cent of the domestic AI server market this year, further squeezing global rivals such as Nvidia, according to TrendForce. Geopolitical tensions continue to erode the position of Nvidia, Advanced Micro Devices and other foreign suppliers, whose combined share of China’s AI server market is forecast to fall to 21 per cent in 2026...

Anthropic's latest hiring spree reveals where it's building AI data centers next

The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.

As large language models enter China’s legal profession, which lawyers will lose out?

A major legal database affiliated with Peking University has launched a large language model tool it says can accurately retrieve statutes and automatically generate contracts, sending ripples through the legal profession in China. AI-powered legal tools can draft convincing documents in seconds, yet without rigorous oversight they are equally adept at inventing statutes and fabricating precedents – a liability that has kept them on the sidelines in medicine and law. However, lawyers cannot...

Investors still seek a human touch even with AI tools at hand: HSBC

Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.

South Korea's AI chip boom spills into property market

SoftBank chipmaker Arm hits 50% share in top AI data centers: exec

AI group: Anthropic accuses Chinese company of copy attack

The AI ​​company Anthropic is considered the fiercest rival of ChatGPT developer OpenAI. Now her accusations towards China could create new fuel between Washington and Beijing.

Hong Kong can take the regulatory high road amid US-China AI decoupling

The market realignment over the past week starkly captures the self-defeating logic of America’s technology containment strategy. The momentum began on June 15, when the shares of Chinese artificial intelligence pioneer Zhipu AI, which trade in Hong Kong under Knowledge Atlas Technology, surged by 48 per cent intraday after it announced the open-source release of its GLM-5.2 foundation model. The rally continued this week, with Zhipu’s shares trading at an intraday high of HK$2,980 (US$380) in..

Micron quadruples revenue, +14% after hours.

Revenue: $41.46 billion versus $35.84 billion estimated EPS: $25.11, adjusted, versus $20.78 estimated Gross Margin: Adjusted gross margins hit a record-breaking 84.9%, topping tech leaders like Nvidia and Meta. Data Center Strength: Driven by skyrocketing AI memory demand, data-center sales soared 415% year-over-year to $25 billion (61% of total sales). Guides $49-$51B. +14% AH move. Reddit neva right. submitted by /u/mulletstation [link] [comments]

Inside India newsletter: Meet the humans teaching robots to perform routine tasks, as India finds a way to enter the AI race

Several companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.

Why the AI Boom Could Trigger the Biggest Energy Trade in Decades

Artificial intelligence is creating a new class of infrastructure giants virtually overnight, and one innovative Bitcoin miner that made an early leap into the global power business, feeding the voracious appetite of AI data centers, is now being rewarded for years spent securing massive amounts of low-cost electrical power around the world. Years before artificial intelligence triggered a global race for power capacity, Bitzero Holdings (NASDAQ: AIBZ) was using cash flow from Bitcoin mining ope

Cerebras’s stock sinks below IPO price in a major blow to early investors

The once-high-flying AI chip maker’s stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.

Broadcom unveils a custom chip for OpenAI as it challenges Nvidia’s dominance

The custom chip is designed to support the ChatGPT maker’s future AI models and products.

Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities

The letter, which was obtained by CNBC, claims Alibaba carried out "the largest known distillation attack on Anthropic to date."

This solar stock is surging on the heels of a new Tesla deal

Sunrun, a provider of home battery storage, is working with Tesla to meet the energy needs of AI data centers.

Nvidia's Huang calls black market data centers made of smuggled parts a 'dead end'

Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.

Cerebras CEO says margin forecast was 'misunderstood' as stock plummets after earnings

AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.

The tech stocks now leading this bull market are far more volatile than the old guard

This new chapter started when the early AI stalwarts began serving as the next kingmakers of the market.

Dow inclusion is not a reason to buy Alphabet. But these other reasons may be

The recent crack in the AI trade might open the door.

Trump’s Nuclear Gamble Aims to Reshape the U.S. Power Grid

With hyperscalers set to spend roughly $800 billion on data-center capex this year alone, alongside reshoring and broader grid electrification, baseload power demand is poised to surge. We have made the case that intermittent solar and wind are no match for the scale and reliability requirements of the modern economy, and that nuclear power is emerging as the clean, always-on power source needed to power the AI era. The Wall Street Journal reports Tuesday morning that the Trump administration pl

Alternatives to S&P500? Foreign investments?

With the S&P500 now being overrepresented by AI-involved companies like meta Amazon Tesla and so forth what are safer alternative investments options while we weather out the incoming financial crash due to the irresponsible overvaluation in AI? I’m entering my 30s so I’d like alternatives that will return 4.5-7% realistically annually. obviously I have a lot of time on my hands still but if it’s like the dotcom crash in 2000, it will take 16 years before the market recovers… that’s a long time

Qualcomm inks deal for AI startup Modular to bolster software stack, data center build-out

Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.

OpenAI unveils first chip as part of Broadcom deal in effort to 'build the full stack'

Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño.