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DENMARK ECONOMY WEGOVY BOOM
Gas plants for US data centers to be major source of climate change-linked emissions, report saysThe Environmental Integrity Project reviewed 74 gas-fired US power plant projects proposed or planned to provide electricity directly to ...
US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
US stocks today: S&P 500, Nasdaq post best quarter since 2020 despite Iran warIndian markets closed the quarter on a high, mirroring global trends with significant gains for the S&P 500 and Nasdaq, driven by optimism ...
Anthropic's export restrictions are fueling Asia's AI boomThe US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.
US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boomMarket strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He ad...
How sleepless nights are feeding a new economyGen Z's late-night habits, fueled by tech and on-demand entertainment, are boosting the 'fourth-meal economy'. Fast-food chains and deliver...
The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
Central Europe sizzles as heat records smashed in Switzerland, Denmark, Czech RepublicEurope is grappling with unprecedented heat waves, shattering temperature records from Switzerland to Denmark. Germany's infrastructure is ...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Denmark records hottest day on record at 36. 6C: Weather serviceDenmark has shattered its all-time temperature record, reaching a scorching 36. 6C north of Odense on Saturday, according to the Danish Met...
China industrial profits stay resilient as economy leans on factories, exportsChina's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and ex...
Samsung readies $648 billion bet, report says, as AI boom reshapes South KoreaThe investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at...
A major discovery in Denmark is changing what we thought we knew about VikingsA vast textile production site unearthed in Denmark is challenging the traditional image of Vikings as mere barbarians. Spanning over a mil...
Micron joins rivals pitching AI deals as cure for memory's boom-bust cycleMemory chip giants like Micron are forging long-term "take-or-pay" deals, securing billions from customers like Nvidia to ensure consistent...
US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...