Meta announced a dramatic increase in capital spending as it intensifies its pursuit of what it calls superintelligence and advanced personalised artificial intelligence technologies. The company said its investment plans reflect a
MoreSpaceX is reportedly preparing for one of the most ambitious public offerings in financial history as it weighs a mid-June initial public offering that could reshape global markets and the private space
MoreMicron Technology has announced a major $24 billion investment to expand its wafer manufacturing operations in Singapore, reinforcing the country’s position as a key hub in the global semiconductor supply chain. The
MorePorsche Penske Motorsport reinforced its dominance at Daytona by securing a third consecutive victory in the Rolex 24, completing another dramatic chapter in endurance racing’s most prestigious American event. The No. 7
MoreIntel shares suffered a sharp selloff after the company signaled it was struggling to meet booming data-center demand, exposing a growing gap between investor optimism and the company’s near-term manufacturing realities. The
MoreCitigroup is expected to announce another round of layoffs in March, following a reduction of around 1,000 jobs that took place earlier this year, according to people familiar with the plans. The
MoreThe U.S. dollar headed toward its steepest weekly decline in more than a year as investors reacted nervously to President Donald Trump’s shifting stance on Greenland and trade relations. Currency markets were
MoreThe U.S. House Foreign Affairs Committee voted overwhelmingly on Wednesday to advance a bill granting Congress authority over AI chip exports. The legislation, introduced by Representative Brian Mast of Florida, comes despite
MoreItalian luxury outerwear giant Moncler has announced that Remo Ruffini, its main shareholder, will step down as chief executive on April 1. He will be succeeded by Bartolomeo Rongone, currently CEO of
MoreChelsea received a boost in training as Estevao Willian, Malo Gusto, and Jamie Gittens returned to action ahead of their UEFA Champions League match against Pafos. The trio had missed the Blues’
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