Author: SmartWealthNews.com

U.S. stocks all made historic gains on Wednesday — before erasing much of them on Thursday. Source link

NTT Research announced at its annual Upgrade event that it has started a new AI basic research group, dubbed the Physics of Artificial Intelligence Group. Physical AI has become a big deal in 2025, with Nvidia leading the charge to create synthetic data to pretest self-driving cars and humanoid robotics so they can get to market faster. NTT Research is launching its Physic of Artificial Intelligence (PAI) Group to get on board. NTT Research’s new independent group is spinning off of its Physic of Intelligence (PHI) Lab to advanced our understanding of the “black box” of AI for better trust…

OpenAI has launched a legal counteroffensive against one of its co-founders, Elon Musk, and his competing AI venture, xAI. In court documents filed yesterday, OpenAI accuses Musk of orchestrating a “relentless” and “malicious” campaign designed to “take down OpenAI” after he left the organisation years ago. Elon’s nonstop actions against us are just bad-faith tactics to slow down OpenAI and seize control of the leading AI innovations for his personal benefit. Today, we counter-sued to stop him.— OpenAI Newsroom (@OpenAINewsroom) April 9, 2025 The court filing, submitted to the US District Court for the Northern District of California, alleges Musk…

The UK government needs to “rise to the moment”, Starmer said, adding that he would not “pretend” US President Donald Trump’s tariffs are “good news”. Speaking this morning after Trump announced a 90-day pause in his sweeping global tariffs, while raising his tax rate on Chinese imports to 125 per cent, the Prime Minister insisted his “government is ambitious for Britain”. The UK prime minister said he would not “pretend that tariffs are good news” and that the government was not “just going to sit back and hope” but would need to “rise to the moment”. Starmer told reporters: “This…

The Food and Drug Administration (FDA) has cleared diabetes-management firm DexCom’s (DXCM) new continuous glucose monitoring (CGM) system. The San Diego, Calif.-based firm said Thursday that its Dexcom G7 15 Day system had been approved by the FDA to treat people 18 and older with diabetes. It is expected to launch in the U.S. in the second half of the year. “By listening to the needs of our users, we’re proud to offer the longest lasting wearable and most accurate CGM, giving people the knowledge to better control their diabetes,” DexCom COO Jake Leach said. Shares of DexCom rose nearly…

9 April 2025 This new tax year, with the deadline for MTD for Income Tax just a year away, offers a great opportunity to cultivate a well-structured and efficient practice. Think of it as tending a zen garden: by carefully raking away inefficiencies, nurturing team harmony, and consistently maintaining client records, you can create a space of calm productivity.  Here are five essential habits to help you achieve your 2025 goals and navigate upcoming legislation changes with ease. MTD for Income Tax brings a unique set of challenges when it comes to client relationships. It’s all about behavioural change: helping…

21Shares has submitted a proposal to the United States Securities and Exchange Commission for a spot exchange-traded fund tied to Dogecoin. On April 9, the company filed a Form S-1 registration statement with the SEC, outlining plans for the 21Shares Dogecoin ETF.  The fund will track the price of Dogecoin (DOGE) using the CF DOGE-Dollar US Settlement Price Index as its benchmark, with Coinbase Custody named as the proposed custodian. The ETF is designed as a passive investment vehicle, meaning it won’t use leverage or derivatives. Instead, it will hold actual Dogecoin and calculate its daily net asset value (NAV)…

New buyer demand slipped to a new -32% in March, the weakest level since September 2023, the UK Residential Property Survey from RICS found. This represents a reduction from a net -16% in February, and indicates that new purchases fell off ahead of the stamp duty thresholds rising at the start of April. For agreed sales, the March net balance of -16% also represents a slight further deterioration from -13% the month before. Simon Rubinsohn, chief economist of RICS, said: “The expiry of the stamp duty break was always going to lead to a pause in activity in the sales…

Key Takeaways Intel shares soared Wednesday amid a huge rally for chip stocks after President Trump announced a 90-day pause on many of the tariffs that had rattled financial markets.Wednesday’s bullish reversal saw the stock reclaim the September low, potentially setting the stage for follow-through buying.Investors should monitor key overhead areas on Intel’s chart near $25 and $35, while also watching a crucial zone of support between $18.50 and $17. Intel (INTC) shares soared Wednesday amid a huge rally for chip stocks after President Trump announced a 90-day pause on “reciprocal” tariffs. The stock may also be attracting interest following…

ANYONE WANT to buy a used social network? One careful Chinese owner, 170m users in America and revenue there of $12bn last year, predicted to rise this year by a fifth. The White House is running a chaotic auction for TikTok, a Chinese-owned app that Congress has ordered to find a non-Chinese owner or else face a ban. On April 4th, on the eve of the cut-off for the app’s sale, President Donald Trump announced that he was extending the deadline by another 75 days. Source link