Tag: fast
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As AI rally wobbles, stock market’s spotlight turns to earnings
NEW YORK, Oct 16 : Stumbles in the market-leading AI trade are set to test investor confidence in the rally in the coming week as Wall Street focuses on quarterly results due from key players including Meta Platforms.AI-linked stocks, central to the bull market that just marked its four-year anniversary, str
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Blue Origin targets multiple New Glenn launches weekly by end of decade
WASHINGTON, Oct 16 : Blue Origin is targeting multiple flights per week of its New Glenn rocket by the end of the decade, a company executive said on Friday, as it spends billions of dollars on infrastructure needed to match rival SpaceX’s launch dominance.Jeff Bezos’ space firm also plans to add more launch
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India recall Bhuvneshwar for West Indies T20 decider
Oct 16 : India fast bowler Bhuvneshwar Kumar has been added to the squad for the fifth and deciding Twenty20 international against West Indies as Arshdeep Singh continues his recovery from a shoulder injury, the country’s cricket board said on Friday.• Arshdeep sustained a blow to his bowling shoulder durin
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CoreWeave shares, bonds headed for steep weekly losses as AI borrowing concerns mount
Oct 16 : CoreWeave’s shares and bonds were headed for steep weekly losses on Friday, as investors grew uneasy about the debt financing behind the AI build-out in the face of rising borrowing costs. The firm’s shares dipped 4.1 per cent in premarket trading on Friday, after jumping 5.9 per cent in the last ses
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Besi shares fall on report ASML is working on rival hybrid bonding product
AMSTERDAM, Oct 16 : Shares in computer chip packaging equipment maker BE Semiconductor Industries (Besi) fell 3 per cent on Friday after influential semiconductor research firm SemiAnalysis reported that one of the company’s main growth products will face competition from bigger rival ASML.The SemiAnalysis r
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Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
Oct 16 : Google’s Waymo said on Friday it plans to bring its autonomous ride-hailing service to Toronto in 2028, marking the self-driving company’s first planned deployment in Canada and its latest move to expand beyond the US.Here are some details:• Waymo, which operates commercial robotaxi services
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Germany to unveil Nvidia AI agreement next week, government sources say
BERLIN, Oct 16 : Germany is set to announce a cooperation agreement with US chipmaker Nvidia next week to expand the use of artificial intelligence in German industry, government sources said on Friday, adding the plan will involve partners beyond Nvidia and be a major contribution to industrial AI. Business
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Why CoreWeave’s troubles are rattling the AI boom
Oct 15 : CoreWeave’s mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres.Shares and bonds of the Nvidia-backed company have tumbled despite its CEO’s assurances of a strong contract backlog, fueling a bro
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Newly identified green star leaves astronomers amazed
WASHINGTON, Oct 16 : Astronomers for the first time have identified a green star, documenting a dense stellar remnant called a white dwarf that became a ghostly shade of chartreuse after ingesting rocky debris from planets that once had orbited it.A star’s color typically is governed by its temperature, with
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UK competition regulator targets Microsoft’s business software grip
Oct 16 : Britain’s competition watchdog proposed on Friday to designate Microsoft with “strategic market status” in business software, a move that could pave the way for interventions in how the US tech major bundles products such as Excel, Teams and its Copilot AI assistant.The Competition and Markets Author
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