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Tag: Data

German consortium in talks to build AI data centre, Handelsblatt reports
Posted in Business

German consortium in talks to build AI data centre, Handelsblatt reports

Estimated read time 1 min read
Posted on May 27, 2025
by Joelgalvan

FRANKFURT (Reuters) -Germany’s SAP, Deutsche Telekom, web hosting firm Ionos and unlisted retailer Schwarz are vying for European Union support…

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‘Data sets in isolation are useless’: Finfluencer on the GDP vs per capita GDP discussion
Posted in Business

‘Data sets in isolation are useless’: Finfluencer on the GDP vs per capita GDP discussion

Estimated read time 3 min read
Posted on May 26, 2025
by Joelgalvan

The fact that India has surpassed Japan to become the fourth-largest economy has spurred a debate on social media. While…

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Oracle to buy $40bn of Nvidia chips for OpenAI’s new US data centre
Posted in Business

Oracle to buy $40bn of Nvidia chips for OpenAI’s new US data centre

Estimated read time 4 min read
Posted on May 23, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Advanced Micro Devices to Sell ZT Systems’ Data Center to Sanmina for $3 Billion
Posted in Business

Advanced Micro Devices to Sell ZT Systems’ Data Center to Sanmina for $3 Billion

Estimated read time 2 min read
Posted on May 21, 2025
by Joelgalvan

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced on Monday that it entered into a definitive agreement with Sanmina (NASDAQ:SANM) to sell its…

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Gilead Sciences, Inc. (GILD) and Kite to Present Breakthrough Cancer Therapy Data at 2025 ASCO and EHA
Posted in Business

Gilead Sciences, Inc. (GILD) and Kite to Present Breakthrough Cancer Therapy Data at 2025 ASCO and EHA

Estimated read time 2 min read
Posted on May 18, 2025
by Joelgalvan

Gilead Sciences, Inc. (NASDAQ:GILD)  plans to present over 20 research abstracts—spanning both Gilead and its cell therapy unit Kite—at two…

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US stocks: Wall Street advances on trade hopes, data shows investor pessimism
Posted in Business

US stocks: Wall Street advances on trade hopes, data shows investor pessimism

Estimated read time 4 min read
Posted on May 17, 2025
by Joelgalvan

Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in…

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Unemployment rate at 5.1% in April, youth joblessness hits 13.8%: Govt’s first monthly data
Posted in Business

Unemployment rate at 5.1% in April, youth joblessness hits 13.8%: Govt’s first monthly data

Estimated read time 2 min read
Posted on May 15, 2025
by Joelgalvan

The Centre unveiled its inaugural monthly labour force and unemployment figures on Thursday, signaling a move towards real-time employment tracking.…

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Dow, S&P 500, Nasdaq fall with Walmart earnings, retail sales data in focus
Posted in Business

Dow, S&P 500, Nasdaq fall with Walmart earnings, retail sales data in focus

Estimated read time 1 min read
Posted on May 15, 2025
by Joelgalvan

Walmart (WMT) shares rose about 2% premarket after the company reported mixed earnings and said it would hike prices to…

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Economic data could shift mortgage rates
Posted in Business

Economic data could shift mortgage rates

Estimated read time 5 min read
Posted on May 11, 2025
by Joelgalvan

Mortgage interest rates are up today. According to Zillow data, the 30-year fixed mortgage rate has risen by one basis…

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The Smartest Data Center/AI Stocks to Buy With $2,000 Right Now
Posted in Business

The Smartest Data Center/AI Stocks to Buy With $2,000 Right Now

Estimated read time 5 min read
Posted on May 10, 2025
by Joelgalvan

These two hidden stocks play the AI/data center theme. This data center equipment company and Nvidia partner provides critical solutions.…

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