Category: Latest News
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Microsoft Plans $50 Billion Investment in Global South to Boost AI Infrastructure
Microsoft (NASDAQ:MSFT) said Wednesday it intends to invest $50 billion by the end of the decade to strengthen artificial intelligence capabilities across developing countries in the Global South. The announcement was made during an AI summit in New Delhi, where leaders from major technology firms are gathering alongside policymakers and heads of state. The Global…
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Qualcomm Commits Up to $150 Million to India-Focused AI Investment Fund
Qualcomm (NASDAQ:QCOM) announced Wednesday that it plans to allocate as much as $150 million to a new fund dedicated to backing artificial intelligence startups in India. The pledge comes as Qualcomm CEO Cristiano Amon attends the India AI Impact Summit in New Delhi, where he reaffirmed the company’s intention to deepen its engagement with India’s…
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Waymo Says Remote Staff Do Not “Directly” Operate Its Robotaxis
Waymo, the self-driving division of Alphabet (NASDAQ:GOOG), said Tuesday that its remote workers have not been used to directly control its robotaxis in U.S. service, as questions mount over the company’s reliance on overseas personnel. In a blog post, Waymo stated that about 70 “remote assistance agents” are on shift globally at any given time.…
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Fed Minutes in Focus; Palo Alto Networks Slides – Key Market Drivers: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures edged higher early Wednesday as investors prepared for the release of the Federal Reserve’s January meeting minutes and digested fresh corporate developments. Shares of cybersecurity firm Palo Alto Networks (NASDAQ:PANW) declined after issuing weaker-than-expected profit guidance. Meanwhile, Warren Buffett’s final quarter leading Berkshire Hathaway (NYSE:BRK.B) featured notable portfolio shifts, including trims to…
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Oil Narrows Declines as Markets Assess Developments in US–Iran Negotiations
Oil prices stabilized during Asian trading on Wednesday after sliding roughly 2% in the previous session, as traders evaluated signs of movement in U.S.–Iran discussions while remaining wary about the likelihood of a near-term agreement that could ease supply risks. By 0737 GMT, Brent crude futures had gained 15 cents, or 0.22%, to $67.57 a…
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Gold Rebounds as Dip Buyers Step In; Markets Await Fed Signals
Gold prices moved higher during Asian trading on Wednesday, recovering from the prior session’s decline of more than 2% as bargain hunters returned to the market. Investors also remained focused on upcoming signals regarding the Federal Reserve’s policy path. Spot gold gained 1.2% to $4,934.16 an ounce by 00:58 ET (05:58 GMT), while U.S. Gold…
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Benefiting from the security and energy transition with high-performance batteries: BYD, NEO Battery Materials, and DroneShield
Western countries are facing a major challenge. NATO is calling for record defense spending, while electromobility continues to advance unabated. Germany alone will have a defense budget of over EUR 108 billion in 2026, while global demand for high-performance batteries is set to more than double by 2030. This pincer movement of security constraints and…
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U.S. Stocks Finish Lackluster Session Modestly Higher
After recovering from an early move to the downside, stocks turned in a relatively lackluster performance over the course of the trading session on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly higher. The Dow inched up 32.26 points or 0.1 percent to 49,533.19,…
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Valmont Industries stock drops more than 4% after Q4 profit miss
Valmont Industries, Inc. (NYSE:VMI) shares declined 4.33% in pre-market trading Tuesday after the company reported fourth-quarter earnings that came in slightly below Wall Street expectations, even as revenue matched forecasts. The infrastructure and agriculture equipment maker posted adjusted earnings of $4.92 per share for the quarter, just under the analyst consensus of $4.96. Revenue totaled…
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APi Group shares steady as 2026 outlook meets expectations
APi Group Corporation (NYSE:APG) slipped 0.6% Tuesday morning, matching the S&P 500’s 0.6% decline, after issuing an update on its anticipated 2025 results and introducing initial 2026 guidance that largely tracked analyst forecasts. For 2026, the company projected revenue in the range of $8.40 billion to $8.60 billion, close to Wall Street estimates of $8.47…