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Applied Materials Plans $5 Billion Investment in India Over Next Decade
Applied Materials (NASDAQ:AMAT) plans to invest $5 billion in India over the next 10 years as the country seeks to expand its semiconductor industry beyond chip manufacturing into research, equipment development and supply chain operations. The US semiconductor equipment manufacturer will establish a 140-acre research park in India to strengthen its research and development capabilities…
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Generac Shares Surge 33.7% After Announcing Amazon Data Centre Supply Agreement
Generac Holdings (NYSE:GNRC) shares surged 33.7% in pre-market trading after the company announced a long-term agreement to supply industrial backup generators for Amazon’s global data centre infrastructure. Initial deliveries under the agreement are expected to total $2.4 billion across 2027 and 2028, while the overall purchase target could reach $8 billion over the contract’s lifetime.…
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Brookfield to Invest Up to $600 Million in ACME’s Green Fuels Projects in India and Oman
Brookfield Asset Management (NYSE:BAM) has agreed to invest up to $600 million in India’s ACME Cleantech Ventures to support the development and construction of green ammonia and green methanol projects, the companies announced on Thursday. The investment marks Brookfield’s entry into the region’s low-carbon fuels sector and will be made through its Brookfield Global Transition…
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Gold Recovers From Post-Fed Lows as Interest-Rate Outlook Weighs on Prices
Gold prices recovered some of their losses on Thursday after the Federal Reserve raised interest rates for the first time in three years and signalled that further tightening could follow before the end of 2026. December gold futures initially fell to $4,290 following Wednesday’s policy announcement before recovering to $4,353 on Thursday morning. Spot gold…
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Oil Prices Decline as Saudi Arabia Takes Steps to Maintain Crude Exports
Oil prices extended their recent decline on Thursday following reports that Saudi Arabia was taking measures to maintain crude exports amid supply disruptions in the Middle East. Both major crude benchmarks remained above $100 per barrel. At 08:18 GMT, Brent crude futures fell 0.9% to $104.85 per barrel, while West Texas Intermediate (WTI) futures declined…
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US Stock Futures Rise After Fed Rate Increase as Investors Await Bank of England Decision: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures advanced on Thursday as investors assessed the Federal Reserve’s latest interest-rate increase, the prospect of further monetary tightening and developments affecting global energy supplies. At 06:59 GMT, Dow Jones futures were up 366 points, or 0.7%, while S&P 500 futures gained 52 points, also 0.7%. Nasdaq 100 futures rose 215 points, or…
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Dow Sinks 630 Points as Fed Hikes Rates and Signals More to Come
Wall Street reversed an early advance and closed lower on Wednesday after the Federal Reserve raised interest rates and struck a more hawkish tone than investors had hoped. Stocks were higher across the board heading into the afternoon, but the mood soured once the central bank delivered its decision and Chair Kevin Warsh warned that…
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1606 Corp. Signs Non-Binding LOI for Potential Texas Power Plant and Data Center Transaction
Prime Tex Group is evaluating a possible acquisition of 1606’s contractual interests in a 132-acre Texas energy project, with no definitive agreement or transaction value established. Key Investor Takeaways Why CBDW Stock Is in Focus 1606 Corp. (USOTC:CBDW) announced that it entered into a non-binding letter of intent with Prime Tex Group, USA, dated September…
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DataMEDS AI Completes $1.5 Million Helomics Acquisition, Expanding into Cancer Diagnostics
The transaction adds a certified oncology laboratory, contract research services and $1.5 million in cash to DataMEDS, while Axe Compute exits its remaining cancer testing business. Key Investor Takeaways Why MEDS Stock Is in Focus DataMEDS AI (NASDAQ:MEDS) announced on September 15 that it had completed the acquisition of Helomics Corporation, an artificial intelligence-focused cancer…
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TruGolf Holdings Signs Las Vegas Regional Developer, Announces First Co-Branded Pickleball Location
TruGolf Links will introduce its Executive franchise model alongside Dill Dinkers Pickleball in a shared Las Vegas facility, expanding its regional franchise presence. Key Investor Takeaways Why TRUG Stock Is in Focus TruGolf Holdings (NASDAQ:TRUG) announced that its TruGolf Links franchising subsidiary has appointed Greg Louie and partners Paul Wong and Chris Lang as regional…