In Today’s News

Biggest whale in Crypto is buying… gold? [sponsor]

Meta boosts annual capex sharply on superintelligence push, shares jump

Jan 28 (Reuters) – Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73% in the pursuit of “superintelligence,” an effort to offer deeply personalized artificial intelligence to its large social media user base.Meta shares jumped nearly 9% in extended trading. The compan …

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Microsoft’s rising spending, slight cloud beat fan AI payoff worries

Its shares fell nearly 4% in extended trading. The company also reported that the contracted backlog in its cloud business more than doubled to $625 billion, which was more than the $523 billion rival Oracle posted in December.Â But roughly 45% of Microsoft’s backlog was driven by OpenAI alone, underscorin …

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Chipmaker shares gain as AI data center demand wave widens beyond Nvidia

Jan 28 (Reuters) – Shares of chipmakers rallied on Wednesday, boosted by surging demand for AI data center hardware, while upbeat results from Texas Instruments and other manufacturers signaled that momentum is widening beyond Nvidia’s high-end processors.Texas Instruments makes analog chips for converting si …

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Fed crisis tool could be weaponised, Harvard economist says

The Federal Reserve’s swap line facilities, which lend dollars to other central banks during bouts of market turmoil, function as a crucial lifeline and were heavily deployed during the global financial crisis almost 20 years ago.Concerns about erratic U.S. policy have risen since President Donald Trump retur …

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Microsoft’s rising spending, slight cloud beat fan AI payoff worries

In Today’s News

Biggest whale in Crypto is buying… gold? [sponsor]

Meta boosts annual capex sharply on superintelligence push, shares jump

Microsoft’s rising spending, slight cloud beat fan AI payoff worries

Chipmaker shares gain as AI data center demand wave widens beyond Nvidia

Fed crisis tool could be weaponised, Harvard economist says

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Fed crisis tool could be weaponised, Harvard economist says

Chipmaker shares gain as AI data center demand wave widens beyond Nvidia

Microsoft’s rising spending, slight cloud beat fan AI payoff worries

Fed crisis tool could be weaponised, Harvard economist says

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