Category: Latest News
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Faraday Future Expands Into Robotics, Targets FX Super One Progress Update
Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) has launched a new robotics business, introducing three robot product lines at the NADA Show in Las Vegas and confirming that initial deliveries are scheduled to begin before the end of February, according to the company. The California-based electric vehicle maker also hosted a dealer summit on February 5,…
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EU Antitrust Regulator Flags Possible Action Against Meta Over AI Access on WhatsApp
The European Commission warned Meta Platforms Inc (NASDAQ:META) on Monday that it could impose interim remedies requiring WhatsApp to reopen its platform to competing AI assistants, after raising concerns that Meta may have breached EU competition law by restricting rival access. The Commission said it has issued a Statement of Objections to Meta, setting out…
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Five Key Market Themes to Watch in the Coming Week
Investors are heading into a pivotal week shaped by closely watched U.S. jobs and inflation figures, a fresh wave of technology earnings after recent volatility, and major political developments in Japan and the United Kingdom. Here are the main issues likely to drive markets over the days ahead. 1. U.S. employment report takes centre stage…
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Oil Slides Over 1% as U.S.–Iran Diplomacy Calms Supply Fears
Oil prices moved sharply lower on Monday, dropping more than 1% as concerns over potential supply disruptions in the Middle East eased following renewed diplomatic engagement between the United States and Iran over Tehran’s nuclear programme. Brent crude futures were down 84 cents, or 1.2%, at $67.21 a barrel by 07:47 GMT, while U.S. West…
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Bitcoin Holds Above $70,000 as Risk Appetite Stabilises After Volatile Week
Bitcoin (COIN:BTCUSD) traded above the $70,000 mark on Monday, consolidating after a strong rebound late last week from levels close to $60,000. The move comes as investors reassess risk exposure following heavy liquidations and shift their focus toward key U.S. economic releases scheduled for later in the week. The world’s largest cryptocurrency was last up…
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Markets Turn to Earnings and Key Data as Japan PM’s Election Gamble Pays Off: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly higher at the start of the week, with investors bracing for a busy stretch of corporate earnings and long-awaited economic data releases. Semiconductor maker Onsemi is among the first major companies set to report on Monday, while Japanese equities advanced after Prime Minister Sanae Takaichi secured a decisive election victory.…
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How Specificity’s Growth Strategy Will Unfold
Ricki: Hello, I’m Ricki Lee, and today on the Capital Compass, we are taking a closer look at specificity (USOTC:SPTY). An ad tech company focused on improving digital advertising performance by eliminating fraud bot traffic and wasted spend challenges that continue to weigh on marketers and brands globally. The company has recently announced a series…
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JPM lifts gold outlook, citing “enough demand from central banks, investors”
JPMorgan has upgraded its gold price outlook, lifting its end-2026 forecast to $6,300 an ounce, on the view that demand from central banks and investors remains strong and durable despite the recent spike in volatility. Gold and silver both saw sharp corrections late last week after surging rapidly to stretched levels, a move that was…
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Memory Chip Prices Jump on AI Demand, Creating Supply Pressures and Cost Risks for Device Makers
Rising demand linked to artificial intelligence infrastructure is driving a sharp increase in memory chip prices, with major manufacturers including Micron Technology Inc (NASDAQ:MU), Samsung Electronics Co Ltd and SK Hynix Inc expected to benefit from the surge, according to new data from Counterpoint Research. The analytics firm said memory pricing has climbed significantly during…
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Analyst says market is misreading Amazon’s heavy CapEx push
Amazon (NASDAQ:AMZN) delivered solid fourth-quarter performance across its core businesses, but investors are drawing the wrong conclusions from the company’s elevated capital spending plans, according to BMO Capital Markets analyst Brian Pitz. In a note published Friday, BMO reiterated its Outperform rating, kept Amazon as a Top Pick and lifted its price target to $310…