Tag: Economy

Czech central bank keeps rates at 3.75% after June hike

China’s central bank pledges timely policy tool adjustment

Nexus Data Centers is closing in on $15 billion in financing to build an AI campus in Hubbard, Texas, which Anthropic will lease, with Morgan Stanley leading the bank group behind the deal, according to CNBC. The loan is going to Nexus, a data center developer few investors had heard of a year ago…

For five consecutive quarters, Meta Platforms did something that very few companies at its scale manage to pull off. It beat earnings expectations every single time, while simultaneously ramping one of the most aggressive AI spending programs in corporate history. The market rewarded both things. …

Jim Cramer urged investors to stop using borrowed money for artificial intelligence stocks as U.S. margin debt climbed above $1.5 trillion. A lot of the biggest advances in the industry have been in AI infrastructure. Jim Cramer thinks investors who are borrowing to pursue those returns are taking …

Canadian economy set for strong rebound with 3.4% Q2 expansion

JetBlue beat earnings estimates and projected a 2028 profit goal, but the airline’s debt, rising fuel costs, and negative margins still threaten JBLU investors. JetBlue Airways (JBLU) gave investors something the troubled airline has rarely lately offered: proof it can charge more without driving …

US stock futures extend gains slightly after economic data

Bank of England policymakers set out views on rates outlook after split vote

Every few years Apple does something that sounds like a minor product tweak but is actually a meaningful change to how it makes money. The shift from selling music to streaming it. The move from hardware warranties to AppleCare subscriptions. The build-out of Services into a business that now …