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Gold holds steady as investors await key US economic data
Fed's Daly says further rate cuts will likely be neededUS Personal Consumption Expenditures index due on FridayGold still very much bullish in longer term, analyst saysBy Anmol Choubey Sept 25 (Reuters) - Gold prices were little changed on Thursday with a slightly weaker dollar lending some s...Reuters
Thu, Sep 25
Following Nvidia's $5B and SoftBank's $2B, Intel seeks investment from Apple: A Path to Recovery?
TradingKey - According to sources familiar with the matter, chipmaker Intel is in talks with Apple to seek investment support for its turnaround plan and to explore deeper collaboration.
TradingKey
Thu, Sep 25
TSMC is using AI software from Cadence and Synopsys to design energy-efficient AI chips.
TSMC rolled out a new AI-based chip design method on Wednesday in Silicon Valley, aiming to cut the power demands of AI chips by up to tenfold. The company, which manufactures chips for Nvidia and other tech giants, says this change is necessary as current systems burn too much electricity.Cryptopolitan
Thu, Sep 25
BYD outsells Tesla in EU for second month, Stellantis returns to sales growth
Sept 25 (Reuters) - Chinese EV maker BYD 002594.SZ sold three times as many new cars in the European Union last month than in August 2024, surpassing U.S. competitor Tesla TSLA.O for the second consecutive month, data from the European auto lobby ACEA showed on Thursday.Reuters
Thu, Sep 25
OpenAI’s $100 billion deal with Nvidia is structured as cash payments
OpenAI isn’t spending $100 billion to buy chips, it’s paying cash to lease them. The whole deal with Nvidia is built on spreading costs over time, and not dropping billions upfront. The artificial intelligence company wants to access Nvidia’s top-tier GPUs, but instead of buying them outright, it’sCryptopolitan
Thu, Sep 25
Economic growth edges higher for EBRD countries but tariff threat looms
LONDON, Sept 25 (Reuters) - The European Bank for Reconstruction and Development lifted its 2025 growth forecast for the first time in more than a year but warned that the effects of tariffs and war will weigh on growth in 2026.Reuters
Thu, Sep 25
Wall Street Divided on Nvidia-OpenAI Alliance: AI Ecosystem Masterstroke vs. Next Cisco Bubble?
TradingKey - Since September, a series of cross-investments and partnerships among major AI tech giants have unveiled a capital game that is as exciting as it is puzzling: OpenAI buys cloud capacity, Oracle buys chips, and Nvidia reinvests in OpenAI — forming an almost perfect “AI Circle.”
TradingKey
Thu, Sep 25
Rate Hike Countdown for October? Former BOJ Board Member Says “Inflation-Focused BOJ Can Act at Any Time”
TradingKey - Following the two dissenting votes at the September Bank of Japan (BOJ) meeting and a slightly hawkish tone from BOJ Governor Kazuo Ueda, a former BOJ board member has now publicly backed a potential October rate hike — the second increase in 2025 — signaling that Japan’s push toward
TradingKey
Thu, Sep 25
TSMC, chip design software firms tap AI to help chips use less energy
SANTA CLARA, California - Sept 24 (Reuters) - The computing chips that power artificial intelligence consume a lot of electricity. On Wednesday, the world's biggest manufacturer of those chips showed off a new strategy to make them more energy efficient: Using AI-powered software to design them.
Reuters
Thu, Sep 25
Tesla Stock Jumps as China Registrations Ramp and Expectations Rise for EV Giant's Q3 Global Deliveries
Tesla announces global third-quarter deliveries next week and the EV giant just posted its strongest weekly China vehicle registrations of the quarter, signaling a big improvement compared to Q2 but still lagging behind last year.Tiger News
Thu, Sep 25
Equities end lower as valuation concerns creep in
NEW YORK, Sept 24 (Reuters) - U.S. stocks closed lower for a second straight session on Wednesday, as investors booked profits with indexes near record levels after Federal Reserve Chair Jerome Powell flagged potentially stretched stock prices and ahead of a reading on inflation later in the week.Reuters
Thu, Sep 25
Intel'S stock rose 7% after asking Apple to invest in its turnaround efforts
Intel’s stock popped 7% after the company went straight to Apple asking for a financial lifeline, according to Bloomberg. The chipmaker, once the king of semiconductors, is now crawling its way through a rough patch.
Cryptopolitan
Thu, Sep 25
Lithium Americas soars 90% as Washington considers stake
Sept 24 (Reuters) - Shares of Lithium Americas LAC.TO closed at $8.32 after jumping nearly 90% on Wednesday after Reuters reported that the Trump administration is seeking up to a 10% stake in the miner, in the latest sign of Washington's intervention into industries it considers critical to nationa
Reuters
Thu, Sep 25
Pharma middlemen propose regulatory changes to avoid Trump administration rules, Bloomberg News reports
Sept 24 (Reuters) - Pharmacy middlemen are working on a proposal to change some of their business practices in order to avoid new regulations from the Trump administration, Bloomberg News reported on Wednesday, citing people familiar with the discussions.Reuters
Thu, Sep 25
Alibaba stock rose 8% after CEO Eddie Wu said AI spending will exceed its $53B plan
Alibaba raised its bet on artificial intelligence around twenty-four hours ago, and the company’s stock surged by 8% to close, hitting a level not seen in nearly four years, after CEO Eddie Wu said on stage in Hangzhou that the company is spending more than the $53 billion it had previously...Cryptopolitan
Thu, Sep 25
Trump will sign TikTok executive order on Thursday, source says
WASHINGTON, Sept 24 (Reuters) - President Donald Trump will sign an executive order on Thursday that declares a deal being negotiated by the White House to sell TikTok's U.S. operations will meet requirements set out in a 2024 law, a White House source with knowledge of the matter said.Reuters
Thu, Sep 25
Healthcare firm Medline considers filing for US IPO, Bloomberg News reports
Sept 24 (Reuters) - Makers of medical supplies Medline is weighing a public filing for an initial public offering as soon as late October, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters
Thu, Sep 25
