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Axe Compute Stock Doubles After Securing $260M AI Infrastructure Deal
Shares of Axe Compute Inc. (NASDAQ:AGPU) soared by 100% after the company revealed it had landed a $260 million enterprise infrastructure contract spanning three years, centered on a dedicated cluster of 2,304 NVIDIA B300 GPUs. The 36-month deal marks the largest contract in the company’s history and includes renewal options. It covers both high-performance GPU…
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Wall Street Futures Point Higher as Ceasefire Extension Lifts Sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures are indicating a stronger open on Wednesday, with markets poised to recover after declines in the previous two sessions. The early positive tone follows news that President Donald Trump has extended the U.S. ceasefire with Iran, prompting renewed buying interest. Describing Iran’s leadership as “seriously fractured,” Trump said in a Truth Social…
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Gold Edges Higher as Dollar Weakens Following Iran Ceasefire Extension
Gold prices moved modestly higher on Wednesday, supported by a softer U.S. dollar, after President Donald Trump announced an extension of the ceasefire agreement with Iran, raising cautious expectations of a longer period of stability in the Middle East. As of 06:07 ET (10:07 GMT), spot gold was up 0.7% at $4,750.76 per ounce, while…
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Johnson & Johnson’s IMAAVY Demonstrates Durable Disease Control in Myasthenia Gravis
Johnson & Johnson (NYSE:JNJ) has reported new data from its Phase 3 Vivacity-MG3 trial showing that its therapy IMAAVY (nipocalimab-aahu) sustained disease control in adults with generalized myasthenia gravis over a follow-up period of up to 120 weeks. The study followed 153 patients who tested positive for disease-related antibodies, including anti-AChR and anti-MuSK. At the…
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Google Cloud Launches $750m Fund to Accelerate AI Partner Ecosystem
Alphabet Inc. (NASDAQ:GOOG), through its Google Cloud division, has unveiled a $750 million fund aimed at strengthening its global partner network and accelerating the development of agentic AI solutions. The initiative targets a broad base of partners, including consulting firms, systems integrators, software providers, and channel partners. The announcement was made during the Cloud Next…
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Oracle Deepens Google Cloud Alliance to Boost AI Database Capabilities
Oracle Corporation (NYSE:ORCL) has expanded its partnership with Google Cloud to introduce enhanced artificial intelligence tools for enterprise data management. Central to the update is the launch of the Oracle AI Database Agent for Gemini Enterprise, designed to let users query Oracle databases using natural language instead of traditional SQL. The new AI agent, now…
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Boeing Tops Estimates as Deliveries Increase, Shares Rally
Shares of Boeing Co. (NYSE:BA) jumped 3.5% after the aerospace group reported a smaller-than-expected first-quarter loss, supported by higher aircraft deliveries and improved operational execution. The company posted an adjusted loss per share of -$0.20, beating analyst forecasts of -$0.66. Revenue rose 14% year-on-year to $22.2 billion from $19.5 billion, coming in ahead of the…
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Moody’s Beats Q1 Forecasts as Revenue and Earnings Top Expectations
Shares of Moody’s Corporation (NYSE:MCO) rose 0.59% in premarket trading on Wednesday after the ratings agency reported first-quarter results that exceeded analyst expectations on both earnings and revenue. Adjusted earnings per share came in at $4.33, ahead of the $4.23 consensus estimate, while revenue reached $2.1 billion, slightly above forecasts of $2.07 billion. Total revenue…
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USDA Partners with Palantir in $300m Deal to Upgrade Farm Services
The U.S. Department of Agriculture has entered into a $300 million Blanket Purchase Agreement with Palantir Technologies Inc. (NASDAQ:PLTR) to enhance how it delivers services to farmers under its National Farm Security Action Plan. The deal supports the USDA’s “One Farmer, One File” initiative, designed to streamline access to government programmes by reducing administrative complexity…
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AT&T Tops Q1 Forecasts on Strong Revenue and Subscriber Gains
Shares of AT&T Inc. (NYSE:T) edged 0.8% higher after the telecom group reported first-quarter results that came in ahead of market expectations, driven by solid revenue growth and continued subscriber additions. Adjusted earnings per share were $0.57, beating the consensus estimate of $0.55, while revenue rose 2.9% year-on-year to $31.5 billion, also exceeding forecasts of…