Key Points: Sam Altman called rumors about ChatGPT's massive water use completely fake. He noted that modern data centers no longer use water for evaporative cooling. Altman admitted the total energy needed to run AI systems is a valid concern....
Key Points: France's trade minister urged the EU to unite against new U.S. tariffs. President Trump announced a fresh 15% levy after losing a Supreme Court case. The EU might use its Anti-Coercion Instrument to target American tech companies. Europe already holds a suspended tariff package covering €90 billion in U.S. goods. European Union leaders...
Key Points: Euro zone inflation risks swing heavily in both directions. Cheap Chinese imports force local businesses to lower prices. January inflation fell to 1.7%, missing the 2% target. Geopolitical tensions in energy markets might cause price spikes. A top European Central Bank official says the euro zone faces serious inflation risks. Fabio Panetta, who...
Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout would increase customer utility rates. The mandatory waiting period for federal antitrust review has officially ended. The massive $11.5 billion deal includes assuming the utility company's existing debt. TXNM Energy announced on Friday that the...
Key Points: The Supreme Court struck down President Trump’s broad global tariffs. Retail groups celebrated the ruling for bringing certainty...
Key Points: The Supreme Court struck down Trump's sweeping global tariffs. Trump criticized the justices and announced new trade strategies....
Key Points: China may back out of buying 8 million tons of US soybeans. The Supreme Court recently struck down...
Key Points: A federal judge in Miami rejected Tesla's attempt to overturn a massive jury verdict. The automaker must pay...
Key Points: The U.S. economy grew at just a 1.4% rate in the fourth quarter. A record 43-day government shutdown...
Key Points: Japan's core consumer inflation hit 2.0% in January. This marks the slowest rate of price growth in two...
Key Points: Nvidia is close to finalizing a $30 billion investment in OpenAI. This deal replaces a previous long-term $100...
Key Points: President Trump is suing the IRS for $10 billion over a tax data leak. Critics argue this creates...
Key Points: Brent crude and US oil prices jumped roughly 2% on Thursday. Gold prices reclaimed the $5,000 mark as...
Key Points: Governor Hochul withdrew her proposal to allow commercial robotaxis. The plan lacked support from state lawmakers and stakeholders....
Key Points: Taalas raised $169 million to build faster, cheaper AI chips. The technology "hard-wires" AI models directly onto silicon....
Key Points: ESA stock fell 6% following the announcement of a public offering. The company priced 1.74 million shares at...
Key Points: The December trade deficit jumped over 32% to $70.3 billion. The gap for physical goods hit an all-time...
Key Points: Fed officials show no urgency to cut rates, keeping hike options open. The dollar strengthens while the euro...
Key Points: U.S. President Trump signed an order protecting phosphorus and herbicide supplies. The White House invoked the Defense Production...
Key Points: eBay will acquire fashion app Depop from Etsy for $1.2 billion. The company forecasts first-quarter revenue between $3...
Key Points: World Labs secured $1 billion to develop "spatial intelligence" technology. Major investors include chip giants AMD and Nvidia,...
Key Points: Microsoft matched 100% of its electricity usage with renewable energy last year. The company contracted 40 gigawatts of...
Key Points: Barclays sees fragility in the market's current risk appetite. The bank keeps a positive rating on U.S. Growth...
Key Points: Bank of America is starting a specialized art consulting service. Wealthy clients hold over $2.5 trillion in art...
Key Points: The ECB designed the digital euro to keep banks central. New currency aims to compete with non-European tech...
Key Points: Santos plans to cut roughly 10% of its staff to lower expenses. The company reported full-year profits that...
Key Points: The IMF advised Japan to continue raising interest rates. The agency warned against a proposed cut to the...
Key Points: The U.S. Supreme Court is deploying new software to detect conflicts of interest. The system compares case details...
Key Points: SoftBank Group dissolved its stake in Nvidia during the fourth quarter. Nvidia shares dropped 1.6% following the disclosure....
Key Points: Ormat signed a deal to provide 150 MW of geothermal power. The energy will support Google’s data center...
Key Points: SpaceX and xAI have joined a secret military competition. The contest aims to build voice-controlled drone swarms. The...
Key Points: Oil prices remained stable, with Brent trading below $68. The US and Iran will resume high-stakes negotiations on...
Key Points: Keir Starmer wants new powers to change internet laws quickly. The government is considering banning social media for...
Key Points: Turkey deployed the Cagri Bey vessel to Somalia on Sunday. This is Ankara's first deep-sea mission outside its...
Key Points: Jefferies highlights a massive $550 billion U.S.-Japan investment agreement. The deal cuts reciprocal tariffs from 25% to 15%....
Key Points: The US military reportedly used the AI model Claude during the Maduro raid. Access to the AI came...
