querbeet As demand for electricity to power AI data centers surges, the tech industry is moving to secure a steady supply through nuclear-power plants, the Wall Street Journal has reported. Talks are ongoing with the owners of about a third of U.S. nuclear-power plants, according to the report. Amazon (NASDAQ:AMZN)Continue Reading
primeimages/E+ via Getty Images Asia-Pacific equity markets started the second half of the year on a positive note as investors digested the mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturing firms improved to a two-year-high in Q2 amid an improving economic outlook. Japan (NKY:IND)Continue Reading
Andrew Burton/Getty Images News BlackRock (NYSE:BLK) said Sunday night it agreed to acquire U.K. private markets data provider Preqin for £2.55B (~$3.2B) in cash, a deal it said will add a highly complementary data business to its investment technology. BlackRock (BLK) said combining Preqin’s data and research tools with Aladdin’sContinue Reading
fstockfoto Friday’s inflation data suggests that monetary policy is having the desired effect; however, it remains too soon to determine whether reducing borrowing costs is appropriate, said Federal Reserve Bank of San Francisco President Mary Daly. Speaking to CNBC, Daly noted that growth, spending, inflation, and labor all are slowing.Continue Reading
Stock index futures traded in the green on Friday, a day after the first U.S. presidential debate of the year took place, and as investors keenly wait for key inflation data expected to land later in the day. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4% and DowContinue Reading
Traders and investors watched Wall Street’s major market averages conclude in a more muted fashion on Thursday after markets received a slew of economic data in the early part of the day. The tech focused Nasdaq Composite (COMP.IND) ended higher by 0.3% and closed out at 17,858.68. At the sameContinue Reading
MicroStockHub X4 Pharmaceuticals (NASDAQ:XFOR) traded sharply lower on Thursday after the biotech updated data from an ongoing Phase 2 trial for its lead candidate mavorixafor in chronic neutropenia (CN), a rare blood disorder. Citing a May 24 data cut, the Boston, Massachusetts-based biotech said mavorixafor, which X4 (XFOR) markets asContinue Reading
This post is a follow-up to Generative AI and multi-modal agents in AWS: The key to unlocking new value in financial markets. This blog is part of the series, Generative AI and AI/ML in Capital Markets and Financial Services. Financial analysts and research analysts in capital markets distill business insightsContinue Reading
BTIG has raised its price target for crypto miner Core Scientific Inc (NASDAQ:) to $15 from $10, citing new data center contracts and growth potential in the mining sector. BTIG’s BTC mining basket, comprising 14 companies, has an aggregate hash rate of about 138 EH, which represents 23% of theContinue Reading
Md Saiful Islam Khan/iStock via Getty Images Annexon (NASDAQ:ANNX) shares traded higher on Wednesday after the company released additional data from its completed pivotal Phase 3 trial for its lead asset, ANX005, against the neurological disorder Guillain-Barré syndrome (GBS). Early this month, citing topline results from the study, the Brisbane,Continue Reading
