Wall Street falls as oil surge fuels inflation fears, Dow Jones down 200 points
Wall Street closed lower on Thursday as rising oil prices and escalating geopolitical tensions in the Middle East dampened investor sentiment and clouded the outlook for interest rate cuts. The S&P 500 fell 0.27% to 6,606.49, while the Nasdaq Composite slipped
Allica Bank named most recommended business bank as fintech unicorn momentum builds
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European bulletin: central banks turn hawkish, Lamborghini profits fall
European markets faced broad pressure on Thursday as escalating geopolitical tensions in the Middle East rattled investor sentiment, pushed energy prices higher, and complicated the outlook for inflation and monetary policy. Central banks across Europe signaled increasing caution, Lamborghini's profit
OpenAI acquires Astral: is it enough to catch up with Anthropic’s Claude
OpenAI said on Thursday it will acquire Astral, as the ChatGPT maker doubles down on artificial intelligence-powered coding tools to compete more aggressively with rivals such as Anthropic. The financial terms of the deal were not disclosed, but the acquisition will
AI data center boom drives lithium demand as supply risks grow
The rapid expansion of artificial intelligence infrastructure is reshaping global lithium demand, with energy storage systems emerging as a key growth driver alongside electric vehicles. Last year, data centers powering chatbots and other AI applications drove a sharp rise in demand