Economy
Ulanqab Transforms: Green Computing Fuels $849M Revenue, Xi Backs Model
Ulanqab, China's "potato capital," is leveraging wind and solar to become a green computing hub, generating $849 million in revenue and earning...
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Investing
Gen Z Doubts State Pension, Plans £2.4M Private Retirement Funds
Half of Gen Z anticipates no state pension, driving many to aggressively save or pursue riskier independent investments. Demographic shifts and rising...
Markets
Oil Prices Log Weekly Gain on Mideast Supply Concerns
Oil prices concluded the week with gains despite a Friday dip, driven by persistent supply concerns emanating from the Middle East.
Markets
Zuckerberg’s Second Act: Meta’s AI and Metaverse Future
Mark Zuckerberg's strategic pivot at Meta Platforms, focusing on the metaverse and AI, is drawing significant investor scrutiny. Analysts discuss the long-term...
Stocks
Tech Plunge Drags Indexes Lower: Nasdaq 100 Falls 2.50%
U.S. stock indexes finished sharply lower Friday, led by a significant -2.50% drop in the Nasdaq 100. The S&P 500 fell -1.09%,...
Economy
EU Envoy Confronts China on “Unsustainable” Trade Deficit
EU Trade Commissioner Maros Sefcovic arrived in Beijing to address an "unsustainable trade deficit," specifically eyeing China's 25% share in the European...
Investing
John Paulson Commits $250 Million to Hebrew University, Renaming Mount Scopus Campus
Philanthropist John Paulson has made a historic $250 million gift to the Hebrew University of Jerusalem, the largest in its history, leading...
Markets
Gold Firms Over 1% as Dollar Weakens, Yields Dip
Gold prices traded firm on Friday, extending gains from the previous session where the precious metal rose over 1 percent. This upward...
Stocks
Soybean Futures Trim Losses as Midday Buyers Emerge
Soybean contracts are paring early near double-digit losses on Friday, down 1 to 3 cents at midday. The cmdtyView national average Cash...
Investing
Michele Details ‘Science Over Art’ Bond Strategy at J.P. Morgan
J.P. Morgan Asset Management's Bob Michele shares his 'science over art' bond investing philosophy, career, and outlook on AI financing, EM debt,...
Stocks
Anthropic Co-founder Clark Forecasts $44T US GDP by 2030, Citing AI Impact
Anthropic co-founder Clark projects U.S. GDP to reach $44 trillion by 2030, attributing this significant growth directly to advancements in artificial intelligence.
Stocks
AI Demand Outpaces Supply, Pressuring Tech Earnings
Upcoming tech earnings reports are expected to reveal significant capacity shortages and surging AI revenue, as demand for AI power outstrips supply,...