Browsing: Business

OpenAI Oracle and SoftBank announced five new US AI data centers under the Stargate plan expanding capacity to seven gigawatts.

Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.

Nvidia will invest up to 100 billion dollars in OpenAI to deliver 10GW of AI infrastructure in phased global deployments starting from 2026.

Trump and Starmer signed a £150 billion tech deal during a UK state visit, reinforcing economic and strategic ties between the US and UK at Chequers.

US reduces tariff on Japanese auto and parts imports to 15% under trade deal, easing pressure on exports and aligning trade compliance rules.

Paramount and Skydance prepare a bid for Warner Bros Discovery with analyst-backed synergy potential exceeding $3 billion in major US media industry move.

Tesla shares surged after Elon Musk disclosed a $1B stock buy, his first major acquisition since 2020, adding 2.57M shares to his holdings.

US mortgage demand surged to a 3-year high as rates fell to 6.49%, driving a sharp rise in refinancing and home purchase activity, MBA data shows.

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

88 postal operators suspended US-bound mail after the US revoked the de minimis exemption, triggering an 81% drop in global postal traffic.