US Treasury yields fell on Thursday as investors kept a close watch on rising tensions in the Middle East and waited for fresh US jobless claims data due later in the day. The decline in Treasury yields also came amid a broader move away from riskier assets in stock markets. US Treasury yields fall as … Read more
US Treasury yields remained largely unchanged on Wednesday as investors waited for fresh economic data to understand the health of the US economy. The data could offer clues about the Federal Reserve’s next interest rate decision, which is scheduled for next week. US Treasury yields remain steady ahead of the Federal Reserve’s rate decision. (Bloomberg … Read more
Nvidia has unveiled a new AI data center system called DSX POD that aims to help companies start using their artificial intelligence (AI) systems and earn revenue faster. The company wants to reduce the time customers spend waiting for their AI infrastructure to become operational. Nvidia unveils DSX POD to cut AI data center setup … Read more
America’s $10 trillion artificial intelligence (AI) infrastructure boom is facing growing problems. Data centre projects are being delayed, some are being cancelled or blocked, and investors are becoming less confident about the sector. These challenges are raising questions about whether the massive spending planned for AI infrastructure can continue at the expected pace. America’s $10 … Read more
Microsoft has pulled out of an agreement with British cloud computing company Nscale for a data center project in the UK, Britain’s The Telegraph newspaper reported on Sunday. Microsoft exits Nscale’s UK data center deal amid power supply delays in Essex. (Representative) The US technology giant recently terminated its agreement for a data center in … Read more
US Treasury yields fell on Thursday as investors moved towards safer investments. Treasury prices rose as investors sold some technology stocks and moved their money into US government bonds. Investors were also waiting for more economic data, including inflation figures, to understand the direction of the US economy. US Treasury yields fall as investors await … Read more
The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more
US Treasury yields fell on Tuesday as oil prices dropped. Investors were also preparing for important US economic data due later this week, including the latest inflation report. The data could help them understand how inflation is changing and what the Federal Reserve may do with interest rates next. US Treasury yields fall as oil … Read more
US President Donald Trump used a rally in Vandalia, Ohio, on Saturday to campaign for Republican candidates ahead of the November 3 midterm elections. He attacked Democrats, promised financial support if Republicans won and urged voters to turn out on election day. Donald Trump campaigns for Ohio Republicans as gas prices and AI data centres … Read more
FBI declined to comment on any specific arrest or activity abroad but said that the bureau ‘continues to aggressively probe the recent cyber incident allegedly involving ShinyHunters, having already worked with partners to arrest multiple subjects — and we will spare no resource in bringing each of the responsible individuals to justice.’ A suspected member … Read more