European stocks set for positive open as global markets push higher
European stocks are expected to open in positive territory on Wednesday as global markets move higher. Source link
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Three economic flashpoints for 2026
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story China is closing out 2025 with far more confidence on the world stage than at the start of the year. It was the first major…
Amazon launches cloud AI tool to help engineers recover from outages
Amazon’s cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the artificial intelligence tool from Amazon Web Services is called, predicts the cause of technical hiccups using input from third-party tools such as Datadog and Dynatrace. AWS said customers can sign up to use…
Amazon Nova Forge lets clients customize AI models for $100,000 a year
Amazon has found a way to let cloud clients extensively customize generative AI models. The catch is that the system costs $100,000 per year. The Nova Forge offering from Amazon Web Services gives organizations access to Amazon’s AI models in various stages of training so they can incorporate their own data earlier in the process….
Anthropic reportedly preparing for massive IPO in race with OpenAI: FT
Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday. For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such…
Cramer says OpenAI’s problem is funding, not Google
If OpenAI’s internal drama were a Netflix series, CNBC’s Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode. On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a “code red” inside the company that suggests OpenAI fears…
Asia-Pacific markets rise after Wall Street’s tech-fueled recovery
Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images Asia-Pacific markets were mostly higher Wednesday, after Wall Street saw a tech-fueled recovery and a cryptocurrency rally. Bitcoin climbed over 7% to cross the $90,000 mark in overnight trading after a sharp sell-off a day earlier, and was…
Australia’s economic growth misses estimates, rising 2.1% in the third quarter
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Australia’s third-quarter economic growth missed analysts’ expectations, but still clocked its fastest expansion in about two years. The country’s GDP expanded 2.1%…
Marvell (MRVL) earnings report Q3 2026
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones,…
Trump Media settles legal dispute with firm’s co-founders
Trump Media said on Tuesday that it had reached an “amicable settlement” of a legal dispute with the co-founders of the social media company, which operates the Truth Social app. Trump Media did not provide details of that settlement with United Atlantic Ventures, the partnership of Trump Media’s co-founders, Andy Litinsky and Wes Moss. Litinksy…