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How Profitable is DeepSeek? Its Costs and Profits Are Unveiled: A Profit Margin of 545%!
While the U.S. tech giants are still burning money on AI, the DeepSeek has revealed astonishing details about its costs and profits, making over three million yuan in profit per day and boasting a profit margin of over 500%.TradingKey
Mar 3, 2025
BofA's take on what to expect from the EU auto action plan
The European Commission is set to announce its automotive industry action plan on 5 March. In a note this week, Bank of America (NYSE:BAC) analysts outlined key expectations, including changes to CO2 regulations, coordinated EV subsidies, and supply chain localization efforts.
Investing.com
Mar 3, 2025
D.O.G.E employees all resign in defense of federal system integrity
In a hilarious and ironic turn of events, a full walkout of twenty-one civil service employees rocked the Department of Government Efficiency (D.O.G.E.) on Tuesday, as workers cited political interference, mass firings, and threats to federal integrity as reasons for their sudden departure.Cryptopolitan
Feb 26, 2025
DOGE job cuts could number one million – Torsten Sløk, chief economist at Apollo Global says
Torsten Sløk, chief economist at Apollo Global Management, predicts the layoffs from Elon Musk’s Department of Government Efficiency (DOGE) could reach one million jobs. He warns that early estimates of 300,000 layoffs fail to account for the broader impact on federal contractors.Cryptopolitan
Feb 25, 2025
JPMorgan’s Jamie Dimon says Elon Musk’s D.O.G.E effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon said Monday that Elon Musk’s Department of Government Efficiency (D.O.G.E) is taking on an overdue challenge, calling the U.S. government wasteful and inefficient as the Trump administration slashes thousands of federal jobs and restructures entire agencies. Speaking tCryptopolitan
Feb 25, 2025
Europe faces incremental defence shift amid geopolitical pressures
Investing.com -- Europe is likely to take incremental steps rather than a transformational approach in adjusting its defence strategy, Barclays (LON:BARC) said amid the mounting geopolitical pressures and inefficiencies in defence spending.
Solana Price Analysis: SOL transactions down 60% amid LIBRA meme controversy with Argentine President Milei
Solana price declined 4% on Friday after failing to stage a breakout above the $180 resistance level amid the LIBRA memecoin controversy involving Argentine President Javier Milei.
Fxstreet
Feb 21, 2025
Prediction markets expect DOGE will cut more jobs in 2025
According to prediction markets, Kalshi forecasts that the Department of Government Efficiency (DOGE) will cut 317,000 government employees in 2025. The agency has already fired thousands of government employees and offered others deferred resignation proposals.Cryptopolitan
Feb 20, 2025
Elon Musk's DOGE Division Makes Bold Move, and President Trump Fully Supports It!
Elon Musk has proposed returning a portion of the funds saved from the federal cost-cutting plan to taxpayers, a move that has drawn widespread opposition. However, U.S. President Donald Trump has expressed his support.
TradingKey
Feb 20, 2025
Musk considers sending all Americans $5,000 checks using DOGE savings
Tesla CEO Elon Musk has suggested he will discuss a proposal with President Donald Trump that could see millions of Americans receive a $5,000 tax refund check. The idea, known as the “DOGE Dividend,” would be funded by cost savings from the Musk-founded Department of Government Efficiency (DOGE).Cryptopolitan
Feb 20, 2025
US Treasury Secretary Scott Bessent tells taxpayers their data is safe with Elon Musk’s D.O.G.E
In a Fox News interview on Tuesday, newly-appointed US Treasury Secretary Scott Bessent defended his president Donald Trump’s decision to allow Elon Musk’s Department of Government Efficiency (DOGE) look through Treasury data in its mission to cut federal spending and save the US economy.Cryptopolitan
Feb 19, 2025
Trump's New Escalating Levies: Who Will Be Most Affected by Tariffs on Autos, Chips, and Pharmaceuticals?
Following the imposition of tariffs on steel and aluminum, President Trump announced on Tuesday that he will reveal his tariff plans for automobiles, chips, and pharmaceuticals on April 2nd. This marks a new escalation in the ongoing trade war.TradingKey
Feb 19, 2025
Is the US Congress powerless against Elon Musk’s D.O.G.E?
Senate Judiciary Chair Chuck Grassley admitted on Tuesday that Congress is powerless to stop Elon Musk’s sweeping government cuts. “Congress can’t do anything except complain,” Grassley said on a press call, according to a report from RadioIowa.Cryptopolitan
Feb 19, 2025
Elon Musk’s D.O.G.E discovers $4.7T Treasury payment code hidden in budget
A $4.7 trillion black hole in US government spending just got exposed. Elon Musk’s Department of Government Efficiency (D.O.G.E) discovered that nearly five trillion dollars in Treasury payments had been processed without a mandatory identification code today, making the money nearly impossible to..Cryptopolitan
Feb 18, 2025
White House says Elon Musk has no official role or decision-making power at D.O.G.E
Elon Musk has no official control over D.O.G.E, the White House confirmed on Monday, shutting down speculation that the billionaire has decision-making power in Trump’s government efficiency overhaul. The statement, filed in federal court, makes it clear: Elon can advise Trump, but he doesn’t run...Cryptopolitan
Feb 18, 2025
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