Elon Musk announced he will ask Tesla shareholders to vote on whether the company can invest in his AI startup, xAI. Rejecting a full merger, Musk emphasized formal collaboration between the firms. The proposal will be presented at Tesla’s annual meeting in November, signaling Musk’s strategic push into artificial intelligence.
Gold prices slipped as optimism over a potential trade deal between the United States and China reduced investor demand for safe-haven assets. Analysts said easing tensions between the two major economies pushed traders toward riskier investments, pressuring gold in global markets.
President Donald Trump finalized agreements with Malaysia, Cambodia, Thailand, and Vietnam aimed at boosting trade and collaboration on critical minerals. The deals, signed during his Asia visit, underscore U.S. efforts to deepen economic ties and secure key resources vital for advanced manufacturing and clean…
