In Today’s News

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White House to host Big Tech in pledge to rein in power costs

Feb 25 (REUTERS) – The White House plans to host leading data center and artificial intelligence companies including Microsoft, Anthropic and Meta Platforms in early March to formalize a deal to shield consumers from rising electricity costs, according to two sources familiar with the plans.The meeting is exp …

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Wall St opens higher in run-up to Nvidia earnings as AI worries abate

The Dow Jones Industrial Average rose 183.1 points, or 0.37%, at the open to 49,357.63. The S&P 500 rose 25.1 points, or 0.36%, at the open to 6,915.15â, while the Nasdaq Composite rose 141.3 points, or 0.62%, to 23,005.008 at the opening bell. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Devi …

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Factbox-Companies cutting jobs as investments shift toward AI

Goldman economists estimated that the technology was responsible for 5,000 to 10,000 monthly net job losses in the most exposed U.S. industries last year, and accounted for 7% of total planned layoffs in January.Here is a list in alphabetical order of announced global layoffs linked to AI from last October go …

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Stripe is considering acquisition of all or parts of PayPal, Bloomberg News reports

Stripe, which is privately held and is among the industry’s most valuable companies, has expressed a preliminary interest in a potential acquisition of PayPal or its assets, the report said. PayPal shares closed nearly 7% higher. The company has a market valuation of over $40 billion, according to LSEG data. …

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Companies cutting jobs as investments shift toward AI

In Today’s News

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

White House to host Big Tech in pledge to rein in power costs

Wall St opens higher in run-up to Nvidia earnings as AI worries abate

Factbox-Companies cutting jobs as investments shift toward AI

Stripe is considering acquisition of all or parts of PayPal, Bloomberg News reports

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This simple trade happens 3-5x’s a week, Options expert shares his strategy. [sponsor]

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