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ECB says investment shift towards AI helps ease drag of uncertainty on euro zone growth - Euronext Markets: Real-time Stock Market Data | live
1+ hour, 28+ min ago (255+ words) FRANKFURT, Aug 5 (Reuters) - Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this year, but a shift in business investment towards intangible assets such as AI seems to be mitigating the drag, the…...
UK's financial regulator simplifies IPO rules to attract more companies - Euronext Markets: Real-time Stock Market Data | live
3+ hour, 48+ min ago (229+ words) LONDON, Aug 5 (Reuters) - Britain's financial regulator said it was simplifying listing rules to make the country's stock market a more attractive place for companies to raise capital, seeking to reverse a prolonged slowdown in flotations. The Financial Conduct Authority said…...
SpaceX slides as AI spending worries overshadow early returns - Euronext Markets: Real-time Stock Market Data | live
3+ hour, 21+ min ago (599+ words) Aug 5 (Reuters) - SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company. But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centers and…...
Stocks get AI-boost; investors on tenterhooks over Mideast peace talks - Euronext Markets: Real-time Stock Market Data | live
4+ hour, 30+ min ago (711+ words) By Nell Mackenzie and Wayne Cole LONDON/SYDNEY, Aug 5 (Reuters) - World stock markets edged higher on Wednesday as robust earnings and renewed enthusiasm for technology shares pushed Wall Street to record highs, while hopes for progress on opening the Strait…...
AI anxiety sparks tech rout, broad selloff in Asian markets - Euronext Markets: Real-time Stock Market Data | live
1+ week, 1+ day ago (480+ words) SINGAPORE, July 28 (Reuters) - Asian markets fell on Tuesday led by chipmakers on unease about the massive funding demands of the AI boom, while a slide in oil prices did relatively little to lift bonds and left traders nervous about U.S. rate…...
OpenAI to triple workforce at Dublin European headquarters to 350 - Euronext Markets: Real-time Stock Market Data | live
1+ week, 2+ day ago (193+ words) DUBLIN, July 27 (Reuters) - OpenAI is to more than triple its headcount at its European headquarters in Dublin to 350, the ChatGPT maker said on Monday as it announced it was leasing 8,000 square meters (88,000 square feet) of office space in the city's…...
Samsung Elec wins $200 billion Broadcom AI chip partnership, boosting foundry push - Euronext Markets: Real-time Stock Market Data | live
1+ week, 4+ day ago (255+ words) SEOUL, July 25 (Reuters) - Samsung Electronics said on Saturday it struck a pact with U.S. chip designer Broadcom to widen cooperation across memory chips, contract chip making and advanced packaging envisaged to exceed $200 billion until 2030. Winning long-term production commitments from Broadcom, one…...
Aerospace fights for young recruits as AI drains talent pool - Euronext Markets: Real-time Stock Market Data | live
1+ week, 4+ day ago (506+ words) By Joanna Plucinska and Shivansh Tiwary FARNBOROUGH, England, July 24 (Reuters) - For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow this week, there was nothing cooler than watching the planes and thinking about the physics that kept them…...
Intel forecast crushes estimates as AI boom boosts chip demand; shares jump | live
1+ week, 5+ day ago (714+ words) By Anhata Rooprai and Stephen Nellis July 23 (Reuters) - Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the company to boost spending plans over the next two years as…...
World stocks head for weekly fall, yields at multi-decade highs as oil fuels inflation fears - Euronext Markets: Real-time Stock Market Data | live
1+ week, 5+ day ago (811+ words) By Stella Qiu and Shashwat Chauhan July 24 (Reuters) - World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40% rise in oil prices this month due to the intensifying conflict…...