From Yahoo Finance: 2025-04-04 18:36:00

Former Microsoft CEO Steve Ballmer advises companies to invest through economic turmoil caused by Trump’s tariffs. Ballmer emphasizes long-term vision, customer service, and innovation to weather challenges. Tech stocks like Microsoft, Apple, Google, and Amazon plummet due to tariff impact. Ballmer credits Microsoft’s cloud push and competition for its success, urging continued innovation in AI and new products. Ballmer doubts another company can replicate OpenAI’s impact soon but stresses the need for ongoing innovation and defense against competitors. 1. The U.S. economy added 943,000 jobs in July, exceeding expectations and marking the second consecutive month of strong job growth. Unemployment dropped to 5.4%, the lowest since the start of the pandemic, with gains in leisure and hospitality, local government education, and professional and business services sectors.

2. The Delta variant continues to drive a surge in COVID-19 cases across the United States, with daily cases averaging over 100,000. Hospitalizations are also on the rise, particularly in states with lower vaccination rates. Health officials emphasize the importance of getting vaccinated to curb the spread of the virus.

3. In Afghanistan, the Taliban seized control of several major cities, including Herat and Kandahar, as U.S. troops completed their withdrawal from the country. The swift advance of the Taliban has raised concerns about the stability of the Afghan government and the safety of its citizens.

4. The Tokyo Olympics concluded with the United States leading the medal count, followed by China and Japan. The Games were held under strict COVID-19 protocols, with athletes facing unprecedented challenges and restrictions. Despite these obstacles, the event showcased incredible performances and moments of triumph for athletes from around the world.



Read more at Yahoo Finance: Former Microsoft CEO Steve Ballmer says companies need to continue to invest despite tariff turmoil