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Trump Slams Bank CEO Amid A.I. and Meme Coin Buzz

1/25/2025

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Summary

Story summary

President Trump criticized Bank of America CEO Brian Moynihan for allegedly debanking conservatives, leading to a bank response.
The tech sector is abuzz with DeepSeek, a Chinese A.I. model competing with ChatGPT and requiring less computing power.
A meme coin named “Sorkincoin” gained traction after Larry Fink's joke, surpassing $160 million in trading volume.
The World Economic Forum is wrapping up its final day in Davos, Switzerland.

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Story summary

President Trump criticized Bank of America CEO Brian Moynihan for allegedly debanking conservatives, leading to a bank response.
The tech sector is abuzz with DeepSeek, a Chinese A.I. model competing with ChatGPT and requiring less computing power.
A meme coin named “Sorkincoin” gained traction after Larry Fink's joke, surpassing $160 million in trading volume.
The World Economic Forum is wrapping up its final day in Davos, Switzerland.