July 30 (Reuters) – Data-center developer Nexus Data Centers is in advanced talks to raise $15 billion for a Texas campus tied to Anthropic, with Alphabet’s Google offering financial guarantees and supplying chips, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Big Tech has been pouring billions of dollars into…
By Alun John and Stefano Rebaudo LONDON/MILAN , July 30 (Reuters) – The bond market selloff after this week’s Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain consequences of AI advances will mean for their economies. The Fed left interest rates unchanged on Wednesday,…
By Anirban Sen and Manya Saini NEW YORK, July 30 (Reuters) – Situational Awareness, an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner, sold the bulk of its stock portfolio to Ken Griffin’s Citadel after being battered by heavy losses in its tech holdings, two sources familiar with the matter told Reuters on…
By Jonathan Stempel NEW YORK, July 30 (Reuters) – Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as an exchange or broker-dealer. Customers sued over 60 tokens, including XRP and dogecoin, that they claimed were unregistered securities,…
By Gianluca Lo Nostro July 30 (Reuters) – French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks. Worldline now expects flat to marginally positive revenue growth in 2026, compared with…
Bitcoin faced a fresh downside warning Thursday after economist and longtime crypto critic Peter Schiff said the selloff spreading through technology stocks could eventually reach the broader U.S. market and hit Bitcoin even harder. “The entire U.S. stock market is overpriced, not just tech. I also expect a much bigger selloff in Bitcoin,” Schiff wrote…
Summary According to the advance estimate released today by the Bureau of Economic Analysis, U.S. Gross Domestic Product (GDP) rose in the second quarter at an annualized rate of 1.5%. That’s below the 2.1% consensus and a deceleration from 2.1% growth in the fourth quarter. Our estimate
Find out which banks are offering the best CD rates right now. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about…
Mortgage rates rose to their highest level in a year amid the re-escalating conflict with Iran and investors grew more worried about the Federal Reserve’s plans to tame inflation. The average 30-year mortgage rate rose 8 basis points to 6.66% this week through Wednesday, according to Freddie Mac data, hitting its highest level since the…
By Wen-Yee Lee TAIPEI, July 30 (Reuters) – Taiwan’s ASE Technology Holding, the world’s largest chip packaging and testing provider, said on Thursday it would raise this year’s capital expenditure by $2 billion to around $10.5 billion, driven by strong demand. • Its previous capital expenditure guidance was $8.5 billion. • Of the additional $2…
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