Author: John Besley

Billionaire investor Ray Dalio recently sounded the alarm on the future of the United States, warning of a breakdown in the global order and the end of America’s dominant economic role. In response, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk challenged Dalio’s core claim—suggesting that China, not the U.S., is now the world’s true consumption powerhouse. What Happened: In an X post titled “It’s Too Late: The Changes Are Coming,” Dalio warned that the global shift away from U.S. economic and geopolitRead More

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STORY: Tech giants Microsoft and Meta have shaken off fears of an unsteady economy or AI slowdown, for now at least.Both of them beat analyst forecasts on Wednesday.Microsoft’s Azure cloud division in particular grew by a third over the quarter.The company says about half of that was contributed by AI – news that could ease worries about a slowdown in demand for the new tech. Some analysts had previously pointed to canceled data-center leases by Microsoft as a sign of excess capacity.Now the company says it sees strong growth ahead for the cloud business, forecasting some $29 billion in revenue.Its…

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