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DATA CENTRE CONSTRUCTION
Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall StreetMorgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semicondu...
Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...
Wall Street brokerages call AI stock selloff overdone, see buying opportunity in tech stocksWall Street brokerages Morgan Stanley, UBS and HSBC consider the recent AI stock selloff excessive, maintaining confidence in long-term inv...
Quantum could solve AI energy drain, says tech founderQuantum computers could curb the vast energy demands of artificial intelligence data centres with their ability to run complex calculations...
Australia to adopt 'mandatory' AI safeguardsArtificial intelligence companies will have to abide by new "mandatory" safeguards when operating in Australia, Prime Minister Anthony Alba...
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosionAnthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing...
Adani Enterprises plans Rs 35,000-40,000 crore annual capex in next two yearsAdani Enterprises intends to invest between Rs 35,000 crore and Rs 40,000 crore annually for upcoming years. The major areas of focus will ...
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvi...
Federal Reserve rate hike bets strengthen as US jobs growth beats estimatesStronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs ...
US stock market today: Why is the Nasdaq up 1% while the Dow Jones falls? S&P 500 turns green amid tech stock volatility and Fed rate hike fears over strong October jobs reportUS stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, whil...
Activists breach Microsoft data centre construction site as protests spread in EuropeActivist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which ...
Nvidia, AMD, Meta, other tech stocks nosedive as Democratic sweep prompts AI slowdown fearsNvidia and AMD faced noticeable drops as Democratic wins sparked fears regarding possible restrictions on AI development. This ripple effec...
Bloodbath in Nasdaq, Kospi and Nikkei but why Nifty is an oasis of peace amid global routA global AI-led tech selloff has battered US and Asian markets, wiping out $3 trillion from S&P 500 companies. However, Indian equities are...
MU stock crashes 11% today as Nasdaq plunges nearly 4%: Why is Micron stock falling with Nvidia, Intel and Tesla as Wall Street’s tech selloff deepens?MU stock price today: Micron stock is falling as Wall Street faces a sharp selloff in technology shares. The Nasdaq dropped 3.72% on Thursd...
US midterm results threaten data center boom as AI backlash growsUS midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas an...
Trump-linked crypto assets slip up to 16%, AI data centre stocks slide after Democrats' US midterm winTrump-linked cryptocurrencies tumbled up to 16%, while shares of Bitcoin miners transitioning into AI data centre businesses slumped as Dem...
Google unveils $15 billion data centre investment in MalaysiaGoogle announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and other infrastructur...
KOSPI crashes 4% as US midterm shock rattles Asian marketsOil prices and stock markets reacted significantly to the recent midterm election victories by Democrats in the United States. Asian chip s...
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power beginsData centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and G...
India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...