Microsoft IREN Deal Expands AI Power with Nvidia Chips
Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give...
US-China Deal Eases Trade Tensions, Undoing Trump’s Self-Inflicted Tariff Damage
BUSAN, South Korea — Three-digit tariffs are off the table, but import duties on each other are higher than in...
Amazon Stock Surge Lifts Wall Street Toward Another Winning Week
NEW YORK — The mighty heft of Amazon is hoisting the U.S. stock market higher on Friday. The S&P 500 rose...
Wall Street Dips After Trump-Xi Meeting as Tech Giants’ Earnings Weigh on Markets
Wall Street was trending lower in early Thursday trading after U.S. President Donald Trump said he was dialing back some...
Europe’s Economy Grows 0.2%, Dragged Down by Weak Germany and Italy
FRANKFURT, Germany — Europe’s economy grew by a modest 0.2% in the third quarter, official figures showed Thursday. Growth in...
Fed to Proceed With Rate Cuts Despite Missing Economic Data
WASHINGTON — The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an...
Nvidia Set to Become World’s First $5 Trillion Company
Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was...
US China Rare Earths Race: Trump’s New Asia Deals
US President Donald Trump has signed a flurry of deals on his Asia visit to secure the supply of rare...
Amazon Layoffs: 14,000 Corporate Jobs Cut for AI Growth
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting...
US China Rare Earths Deal: Tariffs & Soybeans Truce
WASHINGTON — The United States and China are not going to resolve all the issues that divide them before presidents...