June 9 (Reuters) – Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom’s custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator’s AI computing capacity by one gigawatt, the companies…
Diesel prices are continuing on a mostly downward trend, with the benchmark price used for most fuel surcharges falling to one of its lowest levels since military action against Iran commenced at the beginning of March. The Department of Energy/Energy Information Administration average weekly retail diesel price was published Tuesday, effective Monday, at $5.21/gallon. It…
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, June 9 (Reuters) – MSCI’s global equities gauge pared earlier gains on Tuesday as it saw little support from Wall Street where investors waited anxiously for inflation data while the dollar dipped with oil prices on hopes for easing Middle East tensions after Iran and Israel halted…
What happened: Micron (MU) reversed gains on Tuesday, sinking into negative territory. Memory and storage maker Sandisk (SNDK) also declined after initially opening in green territory along with custom chipmaker Marvell Technology (MRVL). What’s behind the move: The declines on Tuesday came ahead of Wednesday’s Consumer Price Index (CPI) report, giving investors clues over how…
Market Overview The crypto market capitalisation has risen by 1.3% over the past 24 hours to $2.18 trillion. With no fresh downward momentum, bears are taking profits, while some investors view the situation as a good opportunity for long-term positions. On daily timeframes, the RSI is recovering and entering neutral territory after the most severe…
Publisher’s Note: Karim’s Tracking Another Shadow Move — Live Session Today Karim Rahemtulla has used the shadow moves of insiders like Elon Musk to position himself in stocks before they climbed as much as 1,400%. Now he’s identified another one — and he believes it has 1,000%+ potential over the next year. Today at 2pm…
VPK Group has taken full control of Fencor Packaging Group, the parent company of Manor Packaging, in a move that adds to its UK operations. Fencor runs a manufacturing site in Whittlesey, Cambridgeshire, with related storage and warehousing activities to support distribution to customers across the UK. This follows VPK’s 2024 purchase of a minority…
High-yield savings account rates have been falling, but some of the best accounts still pay above 4% APY. In order to get the highest interest rate possible on your savings, it’s important to do your research and find competitive offers. Not sure where to start? Here’s a closer look at savings interest rates today and…
Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate, liquidity, and flexibility. Unlike traditional savings accounts, MMAs typically offer higher returns and may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings you want to…
According to the Zillow lender marketplace, the average 30-year fixed rate is 6.41%, up 3 basis points since yesterday. The 15-year fixed loan is currently at 5.81%, 7 basis points higher than yesterday. The 5/1 ARM is 6.66%, 34 basis points higher than on Monday. Weekly survey of mortgage lenders with the lowest rates: Leaders price…
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