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Alphabet’s Google, Microsoft, Amazon and Meta Platforms are set to spend nearly $400 billion this year on capital expenditures, largely to build their artificial-intelligence infrastructure. That is ...
Mark Zuckerberg said Monday that Meta would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology that he ...
Former England cricketer Mark Butcher has criticised India for declaring too late on Day 4 of the ongoing Test at Edgbaston, as per Wisden.
According to J.P. Morgan, “The U.S. dollar is the world’s primary reserve currency, and it is also the most widely used currency for trade and other international transactions.
(Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little evidence of ...
The dollar is dropping, but that's good news for US companies doing business overseas. Morgan Stanley says four sectors benefit most from a weak dollar.
Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment ...
The US Dollar Index has fallen more than 10% since mid-January. Morgan Stanley strategists think a range of factors will send it lower in the coming months.
The dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of next year, hit by interest rate cuts and slowing growth, according to predictions by Morgan Stanley.
Morgan Stanley has raised its call on US stocks and Treasuries on expectations that a slew of future interest-rate cuts by the Federal Reserve will support bonds and boost company earnings.