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Stocks advance on tech strength; Mideast in focus
July 21 : Global stocks rose on Tuesday, underpinned by gains in technology stocks, as investors waited for corporate earnings this week that could test an AI trade under pressure, while mediation efforts in the Middle East kept oil prices in check.The U.S. and Iran traded fresh fire, and Yemen’s Tehran-align
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Microsoft to fund Mistral’s European AI expansion in multibillion-dollar deal
SAN FRANCISCO, July 21 : Microsoft has agreed to spend billions of dollars on Mistral’s computing infrastructure in Europe under a deal that will also expand distribution of the French AI startup’s technology through the U.S. cloud and software giant, the companies said on Tuesday.As part of the agreement, Mi
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IEA says Mideast fighting increases energy concerns
PARIS: The head of the International Energy Agency said on Tuesday (Jul 21) that renewed fighting in the Mideast increases concerns over energy supplies but that the market still has cushions to absorb the impact.”The escal
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Google connects new transatlantic cable between Portugal and the US
LISBON, July 21 : Alphabet’s Google has successfully connected a new transatlantic subsea cable to Sines in Portugal, it said on Tuesday, adding another U.S.-Europe data route as demand for cloud computing and artificial intelligence services surges.Google’s Nuvem, named after the Portuguese word for “cloud”,
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Tan Boon Liat tenants brace for break-up of furniture hub after en bloc sale
As Tan Boon Liat Building changes hands, furniture retailers are grappling with an uncertain future, with some hoping to relocate together to preserve the community.
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BofA enhances AI-powered tool to resolve client needs faster
NEW YORK, July 21 : Bank of America said on Tuesday it has enhanced its AI-powered EricaAssist tool, which would help more than 18,000 customer service representatives resolve client needs faster by delivering real-time guidance during conversations.The new generative AI capabilities deliver contextual guidan
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Bessent says U.S. could sanction China over AI model ‘theft’
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
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UBS hikes its year-end S&P 500 target to 8,100. Here’s why
Investors are still underestimating just how far the earnings driven rally has to go, according to the firm.
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Greer hints new Trump tariffs coming on dozens of countries: ‘Expect action soon’
U.S. Trade Representative Jamieson Greer’s comments the Trump administration could impose new tariffs just as other duties are set to expire.
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Watch: US police officer pulls man from burning car
Bodycam and dashcam footage shows a police officer rescue a man seconds before his car was engulfed in flames in Texas.
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