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OpenAI to raise $40 billion in SoftBank-led round to boost AI efforts
By Jaspreet Singh and Harshita Mary Varghese March 31 (Reuters) - OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group 9984.T at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.The Japanese t...Reuters
Tue, Apr 1
Wall Street closes out bruising quarter as outlook remains murky
NEW YORK, March 31 (Reuters) - As Wall Street draws the curtain on a tumultuous quarter in which stocks logged a record high before tumbling into correction, investors are faced with a mountain of policy uncertainty that clouds the outlook for coming quarters.Reuters
Tue, Apr 1
Trump-Related Stock Plus One? Right-Wing Newsmax Stock Soars 735% on IPO Debut
TradingKey - On Monday, March 31, Newsmax (NMAX.US), a U.S.-based conservative television news network, made its debut on the New York Stock Exchange—and its stock price skyrocketed by 735.10% on the first day of trading. The dramatic surge drew immediate comparisons to the so-called Trump Trade...TradingKey
Tue, Apr 1
Apple Intelligence Expands to Global Users, Including China – Another iPhone Moment for AAPL?
TradingKey - On March 31, Apple (AAPL.US) officially announced the expansion of its Apple Intelligence feature to more languages and regions worldwide. Finally, Apple users around the globe have access to the company’s AI functionality.
TradingKey
Tue, Apr 1
Russian order slashes Kazakh oil export capacity amid OPEC+ row
MOSCOW, April 1 (Reuters) - Russia has ordered Kazakhstan's main oil export terminal, which handles crude pumped by U.S. majors Chevron CVX.N and Exxon Mobil XOM.N, to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production.
Reuters
Tue, Apr 1
Gold sails to record high as tariff jitters fuel safe-haven allure
Global investors await Trump's massive tariff plan on WednesdayTariff uncertainty to sustain gold's traction, analyst saysU.S. job openings data due later in the dayBy Anjana Anil and Anushree Mukherjee April 1 (Reuters) - Gold prices surged to an all-time high on Tuesday, extending their...Reuters
Tue, Apr 1
Pound Sterling flattens against US Dollar as investors await new suite of Trump’s tariffs
The Pound Sterling (GBP) ranges around 1.2900 against the US Dollar (USD) in Tuesday’s European session. The GBP/USD pair flattens as investors brace for reciprocal tariffs from United States (US) President Donald Trump, which will be announced on the so-called “Liberation Day” on Wednesday.
Fxstreet
Tue, Apr 1
London copper rebounds from two-week low on positive China data
SHANGHAI, April 1 (Reuters) - London copper prices rose on Tuesday, rebounding from a two-week low hit in the previous day, as positive Chinese economic data outweighed concerns about a potential global trade war triggered by impending reciprocal tariffs by U.S. President Donald Trump.Reuters
Tue, Apr 1
Euro zone bond yields inch lower as traders await US tariffs
LONDON, April 1 (Reuters) - Euro zone bond yields inched lower on Tuesday, reversing some of the previous session's safe-haven fuelled rally as traders await details of U.S. President Donald Trump's reciprocal tariffs on Wednesday.
Reuters
Tue, Apr 1
Goldman Sachs trims Europe's STOXX 600 forecast on Trump tariff impact
April 1 (Reuters) - Goldman Sachs cut its 12-month forecast for Europe's benchmark STOXX 600 index .STOXX, citing the potential impact of U.S. President Donald Trump's tariff plans.The Wall Street brokerage trimmed its forecast to 570 points from 580 earlier. The pan-European stock index las...
Reuters
Tue, Apr 1
China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says
BEIJING, March 31 (Reuters) - China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated", while Tokyo said there was no such discussion. The state m...Reuters
Tue, Apr 1
Goldman Sachs Says Risks To Brent Oil Prices Are Skewed To Upside In Short-Term
April 1 (Reuters) - GOLDMAN SACHS:SAYS RISKS TO BRENT OIL PRICES ARE SKEWED TO UPSIDE IN SHORT-TERM AND TO DOWNSIDE IN MEDIUM-TERMSAYS BRENT PRICES RALLIED TO THE MID-70S/BBL AS GROWING RISKS TO SHORT-TERM SUPPLY DUE TO SANCTIONS ALONGSIDE SOLID SPOT DEMAND OUTWEIGHED INCREASED U.S. GROWTH CONCERNSReuters
Tue, Apr 1
OpenAI secures record $40 billion funding led by SoftBank
OpenAI officially announced on Monday that it completed its fundraising campaign at $40 billion making it the largest private funding of a tech company. This historic round increased OpenAI’s value to $300 billion, which puts it among the most valuable private tech companies across the globe. This fCryptopolitan
Tue, Apr 1
Japan to make strong push for exemption from US auto tariffs
Ishiba will not rule out another U.S. visit to debate tradeGovt to compile measures by May to boost minimum wageGovt eyes separate package to prod firms to pass on costsBy Leika KiharaTOKYO, April 1 (Reuters) - Japan will keep up a strong push for the United States to exempt it from auto tariffs, Pr...Reuters
Tue, Apr 1
