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CoreWeave CEO Defends Debt Position as Shares Plunge 15% and Bonds Signal Investor Concern
CoreWeave CEO Mike Intrator has pushed back against growing market concerns over the financial position of the artificial intelligence cloud-computing provider, saying that investors...
TSMC Posts Record $25 Billion Quarterly Profit as AI Chip Demand Drives Margins Higher
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record third-quarter profit that exceeded analyst expectations, extending its run of quarterly earnings records as demand for...
France Can Cut Budget Deficit to 3% of GDP by 2029 Despite Political Turmoil,...
France can reduce its budget deficit to 3% of gross domestic product by 2029 despite political uncertainty and rising debt-servicing costs, Banque de France...
S&P 500 Falls 1.22% as US Stocks Lose $660 Billion in Market Value
The US stock market suffered a sharp sell-off as the S&P 500 fell 1.22% to 7,710.43, marking its biggest decline in more than two...
Musk Promises To Reimburse Users If Grok AI Agent Makes Costly Errors While Completing...
Elon Musk has pledged that SpaceX will reimburse users if Grok’s artificial intelligence agent makes a financial mistake while completing purchases or exposes their...