OpenAI’s Deals With Broadcom and AMD Show How Big AI Market Can Be
(Bloomberg) — OpenAI’s agreements to buy chips from Advanced Micro Devices Inc. and Broadcom Inc. are demonstrating how…
US Nears Tariff Relief for Auto Industry After Lobbying Push
(Bloomberg) — The White House is poised to ease tariffs on the US auto industry, a move that…
Meta, Blue Owl Seal $30 Billion Private Capital Deal for AI
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is set to seal an almost $30 billion financing package for…
China’s Scrambled Weather and Safety Scrutiny Tilt Coal Higher
(Bloomberg) — Chinese coal prices are creeping higher as the weather becomes more unpredictable and the government expands…
Banks and Private Credit Clash After Dimon’s Cockroach Barb
(Bloomberg) — On Wall Street, everyone’s a friendly rival until the losses start. A pair of blowups in…
Meta Building New Gigawatt-Sized Data Center in Texas
Meta Platforms Inc. signage in Menlo Park, California. (Bloomberg) — Meta Platforms Inc. is building a new gigawatt-sized…
Xi’s Rare Earth ‘Bazooka’ Sparks Global Alarm, Race for Supplies
(Bloomberg) — China’s sweeping new restrictions on rare earth exports jolted governments and set off a race to…
The Great Debasement Debate Is Rippling Across Global Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…
US Trade Talks May Be Cracking India’s Opposition to GM Crops
A scientist working in a plot of genetically modified mustard plant in India in 2023. (Bloomberg) — In…
Samsung’s Shares Wobble After Failing to Wow AI-Manic Investors
Samsung’s 12-layer HBM3E chip, top, and other DDR modules. (Bloomberg) — Samsung Electronics Co. reported its biggest quarterly…
Silver Roars Higher as Short Squeeze Rocks the London Market
(Bloomberg) — Silver hit the highest in decades as a historic short squeeze in London intensified, with a…
Australia Revamps Pension Tax for Wealthy Savers After Blowback
(Bloomberg) — Australia’s government has rolled back some of the most contentious elements of a planned tax on…