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Dow shrugs off new inflation data. Bond yields suggest it’s ‘top of mind’ for 2025.
The U.S. election has sharpened investors’ focus on inflation as they weighed the latest CPI data.Business - MarketWatch - 2 days ago -
Off-price retailers could thrive, BofA says, citing this bullish data point
BofA analysts reiterated buy ratings on Burlington Stores Inc., Ross Stores Inc. and TJX Cos. Thursday, ahead of the discount retailers’ coming third-quarter earnings, and said they expect all ...Business - MarketWatch - Yesterday -
Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.Business - CNBC - 17 hours ago -
Here’s the deal: AI giants get to grab all your data unless you say they can’t. Fancy that? No, neither do I | Chris Stokel-Walker
Data is vital to AI systems, so firms want the right to take it and ministers may let them. We must wake up to the danger. Imagine someone drives up to a pub in a top-of-the-range sports car – a ...World - The Guardian - October 18