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We are hiking our price target on Eaton as demand for AI computing power heats up
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Here's Why Hugging Face, a Startup, Is Giving Away $10 Million in Computer Power for AI Startups
As entire companies like Google pivotto embrace artificial intelligence, smaller AI companies risk losing access tothe kind of computer power that billions of dollarscan buy.Inc. - Business -
Power demand from AI, EVs and Big Tech is now the energy sector’s No. 1 concern
If power systems fail, it’s lights out for the entire economy.MarketWatch - Business -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
‘We know consumers are feeling pressured’: Target to cut prices on 5,000 items ahead of Memorial Day weekend
Retailer Target is competing on price with its bigger rival Walmart at a time when many Americans are struggling with inflationary pressures.MarketWatch - Business -
Target, Aldi cut prices on staples like chicken, diapers and pet food as shoppers rack up grocery debt
‘Consumers are feeling pressured,’ a Target executive said, while Walmart also lowered pricesMarketWatch - Business -
Samsung Electronics names new chief for semiconductor business as AI chip race heats up
The firm aims "to strengthen its competitiveness amid an uncertain global business environment," Samsung Electronics said.CNBC - Business -
Electricity grids creak as AI demands soar
Data centre electricity demand is forecast to double in four years, putting energy grids under pressure.BBC News - Top stories -
Target lowering prices on 5,000 frequently bought items
Target said Monday it will lower prices on approximately 5,000 frequently bought items as it seeks to stay competitive amid signs consumers are experiencing price fatigue.NBC News - Top stories -
Target slashing prices on thousands of items this summer
Target is planning to lower prices, saying it will cut the cost of thousands of items this summer, hoping to lure customers back into stores. It comes as Americans juggle short-term needs with long-term financial goals. CBS News business analyst ...CBS News - Top stories -
Target cutting prices on thousands of household items
Target is slashing prices on more than 5,000 items by this summer. Prices for household items like milk, bagels, diapers and even pet food are dropping, but there are concerns the move could hurt small businesses struggling to compete with larger ...CBS News - Top stories
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Trump campaign starts taking cryptocurrency donations, vows to build a 'crypto army'
The Trump campaign framed its decision to accept crypto donations as a boycott of "socialistic government control" over the U.S. financial markets.CNBC - Business - Donald Trump -
McDonald's franchisee group says $5 value meal can't last without company investment
The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.CNBC - Business -
Here's where rents are rising — and where they're falling
Of the nation's 20 largest cities, Seattle saw the highest year-over-year increase in single-family rents, followed by New York and Boston.CNBC - Business -
One dead, 30 injured as Singapore Airlines flight encounters severe turbulence
One person has died aboard a Singapore Airlines flight which was diverted to Bangkok due to turbulence.CNBC - Business -
Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices ahead of the July 4 holiday.CNBC - Business - Joe Biden