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Amazon falls 7%, Intel plunges 25% in premarket trading, as pressure mounts after earnings
Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
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Indian AI infrastructure firm reportedly seeks to raise $3 billion of debt to buy Nvidia’s next-generation chips
Within two years, AM Intelligence plans to set up 400 MW of compute capacity using Nvidia’s Rubin graphics processing units.
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Trump, Vance scrap planned appearances in final stretch of midterm campaign
Trump and JD Vance have canceled planned appearances across three states, reducing in-person campaigning in the final days before midterm elections.
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U.S. Treasury yields fall as investors await more economic data
U.S. Treasury yields declined on Friday as investors weighed a flurry of economic data and the Federal Reserve’s latest interest rate decision.
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Watch: What we know about Binance’s $6.3bn hack
BBC business reporter Archana Shukla explains more about what is suspected to be the largest hack in history.
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Who put a hex on the weather?
Once, storms sparked witch hunts. Today, conspiracy theorists blame secret government plots for extreme weather. Why do we search for hidden enemies when disaster strikes, and how can we break the spell?
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Germany news: Merz in Asia warns against weaponizing trade, calls for ‘rules based’ order
German diplomacy in Asia was in focus this week, as Chancellor Merz wraps up a three-country Asian business tour in South Korea. Meanwhile, President Steinmeier is set to hold talks with Xi Jinping. DW has more.
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Human rights lawyer couple sentenced to 10 years’ prison in Pakistan
Imaan Mazari and Hadi Ali Chattha were charged over an incident in 2024, when England’s cricket team was touring Pakistan.
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Foxconn hopes to own 50% of the global AI server market within a couple years
Foxconn’s chairman told CNBC that AI demand remains strong as the company eyes U.S. expansion and a larger share of the global AI server market.

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