Cloud Computing Growth

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - 9 hours ago

FirstFT: What to expect in Reeves’ first UK Budget today

Also in today’s newsletter, Alphabet and Reddit shares rise and Kamala Harris calls Donald Trump ‘unstable’

World - Financial Times - 1 hour ago

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Tigers exec teases offseason plans after second-half surge, playoff exit: 'Growth has to come from within'

The Tigers made it to the ALDS before being beaten by the Guardians

Sports - CBS Sports - October 14

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Ericsson shares jump 10% on third-quarter beat, growth in North America sales

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.

Business - CNBC - October 15

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...

Business - MarketWatch - October 16

China reports 4.6% growth in third quarter as government tries to boost struggling economy

China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly beating expectations.

China posts slowest economic growth in 18 months as optimism fades over stimulus

Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector. China posted its slowest growth in a year and a half on ...

World - The Guardian - October 18

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

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