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Rumor U.S. government could force Intel into JV deal for fab unit
Intel Corporation (NASDAQ:INTC) has been struggling for years, and many on Wall Street are questioning the company’s foundry ambitions. The U.S. has stated that they want more chip manufacturing in the country, and with Intel being the only U.S. company with such capacity, it is considered...Investing.com
Thu, Feb 13
Trump says Putin and Zelenskiy want peace; phone calls kick off talks to end Ukraine war
Donald Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace in separate phone calls with him on Wednesday, and Trump ordered top U.S. officials to begin talks on ending the war in Ukraine.
Is The Bitcoin Bull Run Over? Fed Chair Powell Just Killed QE Hopes
In his testimony on Tuesday, Federal Reserve Chair Jerome Powell dampened hopes for another round of quantitative easing (QE), reiterating that “QE is a tool we only use when rates are already at zero” and that the Fed remains “a long ways away from ending QT.” This stance challenges the notion...
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
Cisco Systems CSCO.O raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7% in extended trading.Reuters
Thu, Feb 13
Musk's X agrees to pay about $10 million to settle Trump lawsuit, WSJ reports
Elon Musk's social media platform X has agreed to pay about $10 million to settle a lawsuit that U.S. President Donald Trump brought against the company and its former chief executive, the Wall Street Journal reported on Wednesday.Reuters
Thu, Feb 13
Paris AI Summit – Tech and world leaders gather to discuss AI policy, democracy, and regulation
It has been a busy week in Paris. Tech and world leaders gathered at the Grand Palais in Paris to attend the AI Action Summit, which sought to discuss AI policy and find common ground on technology.Cryptopolitan
Thu, Feb 13
WTI tumbles to near $71.00 as Trump says Putin agrees to start negotiations to end war in Ukraine
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.10 during the early Asian session on Thursday. The WTI price falls as US President Donald Trump called Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy to discuss ending the war in Ukraine.
Fxstreet
Thu, Feb 13
Cisco Systems Inc reports results for the quarter ended January 31 - Earnings Summary
Cisco Systems Inc CSCO.OQ reported quarterly adjusted earnings of 94 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 91 cents per...
Reuters
Wed, Feb 12
Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine
WTI futures fall more than $2 during sessionTrump calls Putin and Zelenskiy to discuss ending war in UkraineFed's Powell signals slower interest rate cutsUS crude stocks rise by more than expected, EIA data shows OPEC keeps demand outlook projections unchanged Updates with settlement pricesBy Ge...Reuters
Wed, Feb 12
OPEC takes long-term view of global oil markets, aims for stability
Corrects paragraph 1 to specify OPEC decisions are aimed at market stability, not priceBy Nidhi Verma and Sethuraman N R NEW DELHI, Feb 11 (Reuters) - Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing market stability, Secretary Gener...Reuters
Wed, Feb 12
PRECIOUS-Gold off record highs as Powell's comments douse rate-cut hopes
Fed chief reiterates go-slow approach on further rate cutsBullion hit record high of $2,942.70 on TuesdayUS CPI data due at 1330 GMTUpdates with mid-session tradingBy Anushree Mukherjee Feb 12 (Reuters) - Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Fed...Reuters
Wed, Feb 12
World Liberty Financial (WLFI) launches the Macro Strategy token reserve to support leading crypto projects
The Trump family's WLFI has unveiled the Macro Strategy reserve to support leading crypto projects like Bitcoin, Ethereum, and other cryptos at the forefront of reshaping global finance. The strategic token reserve will mark a significant milestone in WLFI’s journey.Cryptopolitan
Wed, Feb 12
