Key Points Microsoft announced on Tuesday that it plans to invest $10 billion in artificial intelligence infrastructure at a data center in the Portuguese port
Key Points Visa and Mastercard have finally reached a deal with retailers to lower the fees merchants pay when customers use credit cards. This settlement
Key Points Brazil’s central bank released its long-awaited rules for trading virtual assets, such as cryptocurrencies, on Monday. The new regulations will apply existing anti-money
Key Points As companies that stockpile bitcoin and other major cryptocurrencies face pressure from a saturated market and declining sentiment, new players are entering less
Key Points China’s consumer prices rose unexpectedly in October, boosted by holiday spending on travel, food, and transport. The consumer price index (CPI) increased by
Key Points Consumer confidence fell to a three-year low on Friday, partly due to worries about the ongoing government shutdown. A Trump adviser admitted that
Key Points Elon Musk’s Starlink, a part of SpaceX, has landed its largest direct-to-cell deal yet with the telecoms group Veon. The agreement gives Starlink
Key Points Bank of America CEO Brian Moynihan promised that the nation’s second-largest bank will deliver higher profits in the coming years, speaking at its
Key Points Snap beat its third-quarter revenue estimates on Wednesday and announced a new partnership with Perplexity AI. The deal will integrate Perplexity’s artificial intelligence-powered
Key Points The U.S. Supreme Court is scheduled to meet on Wednesday to decide on the legality of President Trump’s global tariffs. Many experts see
Key Points On Tuesday, United States Steel laid out its multi-billion-dollar, multi-year growth plan with its new owner, Nippon Steel. The plan focuses on modernizing
Key Points Amazon’s cloud business just got a major boost after signing a $38 billion deal with OpenAI. This agreement is a huge endorsement for
Key Points Data center company IREN announced a massive deal on Monday, signing a nearly $9.7 billion cloud services contract with Microsoft. Under the five-year
Key Points OpenAI CEO Sam Altman recently stated that his company is making “well more” than $13 billion in annual revenue. He sounded a bit
Key Points Warren Buffett’s company, Berkshire Hathaway, reported a 17% increase in profits. This comes as the company prepares for the legendary 95-year-old investor to
Key Points When Nvidia became the world’s first $5 trillion company this week, it truly highlighted how much artificial intelligence (AI) now controls the economy.
Key Points American farmers welcomed China’s pledge to buy some of their soybeans, but they warned this won’t solve all their financial troubles. They are
Key Points OpenAI is reportedly getting ready for an initial public offering (IPO) that could value the company at a staggering $1 trillion. If this
Key Points Nvidia made history on Wednesday, becoming the first company ever to reach a $5 trillion market capitalization as its stock jumped early in
Key Points Nvidia announced on Tuesday that it is partnering with the U.S. Department of Energy to build seven new AI supercomputers at two of
Key Points Amazon is reportedly planning to cut as many as 30,000 corporate jobs, with the layoffs set to begin as early as Tuesday. The
Key Points Brazilian soybean farmers are gearing up for a boom. With the ongoing trade war between the U.S. and China effectively shutting American farmers
Key Points The use of stablecoins for real-world payments is exploding. A new report shows that over $10 billion was moved through these dollar-pegged digital
Key Points Japan and the United States are set to sign a major new agreement to cooperate on a wide range of advanced technologies, including
Key Points French President Emmanuel Macron is pushing European Union leaders to consider using the bloc’s most powerful trade weapon against China. His call to
Key Points Six months into President Trump’s trade war, a surprising trend is emerging: Chinese exports to the United States are proving remarkably resilient. Despite
Key Points South Korea’s industry minister is heading back to the U.S. on Wednesday for urgent talks to finalize a tariff deal that has been
Key Points Taiwan’s export orders jumped far more than expected in September, soaring by 30.5% from a year ago. The impressive growth, which marks the
Key Points President Donald Trump insisted on Sunday that Indian Prime Minister Narendra Modi has promised him that India will stop buying Russian oil. He
Key Points Meta is reportedly finalizing a nearly $30 billion financing deal for a massive new data center in rural Louisiana. The arrangement, which would
Key Points Indian quick commerce startup Zepto has raised $400 million in a new funding round led by the massive U.S. pension fund, CalPERS. The
Key Points TSMC, the world’s most important chipmaker, posted a 39.1% jump in third-quarter net profit on Thursday, thanks to the explosive global demand for
Key Points A powerhouse consortium of tech and finance giants, including BlackRock, Nvidia, Microsoft, and Elon Musk’s xAI, is acquiring Aligned Data Centers in a
Key Points Dutch semiconductor giant ASML warned on Wednesday that it expects a “significant” decline in its sales to China next year. However, the company
Key Points Automaker Stellantis announced a massive $13 billion investment in its U.S. operations on Tuesday. The plan will bring five new models to market,
Key Points Oracle is making a major bet on AMD, announcing Tuesday that it will add 50,000 of the company’s powerful AI graphics processors to
