Browsing: Business

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

Amazon to close all 19 Amazon Fresh stores in the UK, converting five to Whole Foods Market and expanding online grocery operations nationwide.

Morgan Stanley integrates crypto trading into ETrade using Zerohash, enabling direct access to Bitcoin, Ethereum, and Solana for retail investors in 2026.

US treasury yields declined as markets awaited Federal Reserve Chair Jerome Powell’s speech following a recent rate cut and mixed signals from labor data.

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.

OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.

Pfizer will acquire biotech Metsera for $4.9B in cash, expanding its obesity treatment portfolio with milestone payments possibly raising the deal to $7.3B.

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

US imposes $100K fee on all new H-1B visa petitions starting Sep 21, 2025, exempting current holders and renewals under new immigration policy.

Nvidia invests $5B in Intel to develop custom x86 CPUs and AI chips, acquiring 4% stake in a strategic move to advance chip design and data center systems.