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Meta CEO has revealed the company plans massive AI data centre investments
Meta CEO Mark Zuckerberg announced on Monday that the company will channel hundreds of billions of dollars into constructing multiple huge AI data centres as part of its race toward superintelligence. This bold move underscores Meta’s determination to lead the next wave of machine-driven innovation, following an intense contest for top AI talent. The social […]Cryptopolitan
Mon, Jul 14
Cryptocurrencies
Ethereum Price Forecast: Investors eye $3,400 following record inflows and BitMine's $500 million ETH acquisition
Ethereum (ETH) trades near $3,000 on Monday following BitMine's (BMNR) disclosure of over 163,000 ETH holdings. The company's purchase comes as investors have piled in over $990 million into record-breaking inflows into ETH exchange-traded funds (ETFs).
Fxstreet
Mon, Jul 14
Other
Zelenskiy thanks Trump for readiness to support Ukraine
KYIV, July 14 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday he had spoken to U.S. President Donald Trump after his announcement of new weapons for Ukraine and thanked him for his support."It was a very good conversation. I thanked him for his readiness to support Ukraine and...Reuters
Mon, Jul 14
Other
Triple-I: Texas risk profile worsens with combination of natural catastrophe threats
By Isha MaratheJuly 14 - (The Insurer) - Severe convective storms, lightning and hail, wildfires and power grid vulnerability have led to Texas homeowners paying an average of 3.13% of median household income for homeowners insurance, making it the sixth least-affordable state nationally, the Insur...Reuters
Mon, Jul 14
Other
Marriott finance chief Leeny Oberg to retire next year
July 14 (Reuters) - Marriott International MAR.O said on Monday its chief financial officer, Leeny Oberg, would retire next year after spending more than two decades with the U.S. hotel operator.The company has appointed insider Jen Mason as Oberg's successor.Oberg has been Marriott's CFO si...Reuters
Mon, Jul 14
Stocks
Alibaba to $300? Why Qwen3 AI Could Trigger the Next Big Rally.
Alibaba (NYSE: BABA) is back -- and it's not just about e-commerce anymore. With a powerful new AI model and billions left in buybacks, this forgotten tech giant may be gearing up for a major rally. Is BABA the sleeper stock of the AI revolution? Here's what Wall Street is missing.*Stock prices used...The Motley Fool
Mon, Jul 14
Commodities
Canada Energy Regulator Says Two Provisions Found To Be Non-Compliant In Trans Mountain Pipeline Audit
July 14 (Reuters) - CANADA ENERGY REGULATOR SAYS IT AUDITED TRANS MOUNTAIN PIPELINE ULC'S ENVIRONMENTAL PROTECTION PROGRAM OF TRANS MOUNTAIN EXPANDED SYSTEM'S TRANSITION FROM CONSTRUCTION TO OPERATIONSCANADA ENERGY REGULATOR: OF 11 PROVISIONS ASSESSED IN TRANS MOUNTAIN PIPELINE ULC AUDIT, NI...Reuters
Mon, Jul 14
Other
New York official again rebuffs Texas judgment against doctor over abortion pills
By Daniel Wiessner July 14 (Reuters) - A county official in New York on Monday rejected for a second time efforts by Texas to enforce a $100,000 judgment against a New York doctor accused of violating Texas' ban on abortion by sending abortion pills to the state, further escalating an unprece...Reuters
Mon, Jul 14
Stocks
Tylenol maker Kenvue ousts CEO amid board's strategic review
Company names director Kirk Perry as interim CEOSome investors see higher chances of a potential sale of company or pieces of companyCompany says strategic review is advancing By Sriparna Roy and Abigail Summerville July 14 (Reuters) - Band-Aid and Tylenol maker Kenvue KVUE.N has fired its CEO T...Reuters
Mon, Jul 14
Stocks
Simulations Plus Inc reports results for the quarter ended May 31 - Earnings Summary
Simulations Plus Inc SLP.OQ reported quarterly adjusted earnings of 45 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of seven analysts for the quarter was for earnings of 6 cents per share. Wal...Reuters
Mon, Jul 14
Other
Exclusive: K2 selling Mason-led Aegis Pro Risk portfolio to McGowan
By James ThalerJuly 14 - (The Insurer) - K2 Insurance Services is selling its Gene Mason-led Aegis Pro Risk portfolio, a book of business originally launched in late 2020 offering $5 million in primary and excess capacity, to The McGowan Companies, wholesale and program manager sources confirmed.Bef...Reuters
Mon, Jul 14
Stocks
FB Financial Corp reports results for the quarter ended June 30 - Earnings Summary
FB Financial Corp FBK.N reported quarterly adjusted earnings of 88 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of six analysts for the quarter was for earnings of 88 cents per share. Wall St...Reuters
Mon, Jul 14
Cryptocurrencies
Meta shareholders are suing the company’s board for allegedly failing to enforce privacy rules
Meta’s executives will meet in a Delaware court starting Wednesday over a lawsuit filed by three minority shareholders who allege that the company’s board of directors failed to enforce privacy rules. While some have complained about how it is almost impossible to hold big tech companies accountable, Meta has come under fire from within for […]Cryptopolitan
Mon, Jul 14
Cryptocurrencies
Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst
Crypto analyst Captain Faibik has provided a bullish outlook for the XRP price, predicting that a new all-time high (ATH) is imminent. This came as the analyst noted that the altcoin is already on the move, having recorded a 20% gain since its breakout. XRP Train Already On The Move To ATHs In an X ...NewsBTC
Mon, Jul 14
Cryptocurrencies
Institutional Buying Drives Bitcoin Price To ATHs, But The Real Stakeholders Will Shock You
Corporate adoption has continued to spark a rally for the Bitcoin price, which recently surged to new all-time highs (ATHs). According to a Blockware report, this BTC adoption is likely to increase in the second half of this year, but not necessarily among popular companies. Institutions Drive The B...Bitcoinist
Mon, Jul 14
Stocks
TRADING DAY-Resisting renewed tariff tensions
ORLANDO, Florida, July 14 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist World markets were, on the whole, pretty buoyant on Monday as investors shrugged off U.S. President Donald Trump's latest tariff threats over the weekend and bra...Reuters
Mon, Jul 14
Commodities
US withdraws from tomatoes agreement with Mexico
WASHINGTON, July 14 (Reuters) - The U.S. Commerce Department said on Monday it was withdrawing from the 2019 deal suspending an anti-dumping duty investigation on fresh tomatoes from Mexico, and will issue duties of 17.09% on most of those from the U.S. neighbor.Reuters
Mon, Jul 14
Other
Equity Bancshares Q2 net income misses estimates
OverviewEquity Bancshares Q2 net income of $15.3 mln missed analyst expectations, per LSEG dataNet interest margin expanded to 4.17%, driven by loan contributionsCompany completed acquisition of NBC Oklahoma, adding seven locationsOutlookCompany positioned for growth via organic and strategic M&...Reuters
Mon, Jul 14
Other
Cuomo to stay in New York mayoral race despite losing Democratic primary
Cuomo remains in mayoral race as independent candidateMamdani's victory raises concerns among Democrats about his political viewsCuomo criticizes Mamdani's experience and campaign slogans NEW YORK, July 14 (Reuters) - Former New York Governor Andrew Cuomo will stay in the New York City ma...Reuters
Mon, Jul 14
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