Goldman Sachs says the demand for gold is not just hype, and predicts the U.S. could still see a repeat of a Nixon-era spike
The recent surge in precious metals isn’t fool’s gold. Lina Thomas, commodities strategist with Goldman Sachs Research, said in a...
Oracle expects cloud sales of $166 billion by 2030 as business expands
By Stephen Nellis and Harshita Mary Varghese (Reuters) -Oracle said on Thursday it expects cloud infrastructure revenue to grow to...
Meta set to clinch nearly $30 billion financing deal for Louisiana data center site, Bloomberg News reports
(Reuters) -Meta Platforms was set to seal an almost $30 billion finance package for its data center site in rural...
Don’t fear the AI bubble, it’s about to unlock an $8 trillion opportunity according to Goldman Sachs
The AI boom is sustainable, three Wall Street analysts argue in research notes this morning. Productivity gains from AI are...
Trump approves expanding credits for US auto production, issues new 25% truck duties
By David Shepardson WASHINGTON (Reuters) -U.S. President Donald Trump on Friday signed orders expanding credits for U.S. auto and engine...
Billionaire boss of South Korean construction giant is encouraging his workers to have children with a $75,000 bonus
How much is putting your career aside to have a baby worth? A $75,000 bonus, at the South Korean construction...
MacKenzie Scott has sold nearly half of her stake in Amazon, as the billionaire philanthropist casually donates over $110 million to DEI causes
After gaining 400 million Amazon shares following her 2019 divorce from the company’s founder, Jeff Bezos, billionaire philanthropist MacKenzie Scott...
Intel signals return to AI race with new chip to launch next year
By Max A. Cherney (Reuters) -Intel announced on Tuesday a new artificial intelligence chip for the data center that it...
Dollar soft as Sino-US trade tension weighs
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment, while...
China’s Sicarrier unit unveils new chip design software, media reports
BEIJING (Reuters) -A subsidiary of SiCarrier, a Chinese chip equipment maker with close links to Huawei, unveiled two domestically developed...
