Latest in Demand Surge Ai
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TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - 6 hours ago -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Action demanded over surge in illegal meat imports
The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.Top stories - BBC News - 6 days ago -
Google signs deal with nuclear company as data center power demand surges
Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.Business - CNBC - October 15 -
Miners are razing forests to meet surging demand for metals and minerals, report says
A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon ...World - ABC News - October 23 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - Yesterday -
Google turns to nuclear energy for AI electricity demand
Google announced a deal with energy startup Kairos Power to supply its data centers with electricity from seven small modular nuclear reactors, which still need to be built. A recent study found ...Top stories - CBS News - October 15 -
AI Power Needs Fuel Demand for Nuclear Energy
Electricity providers are looking at revamping nuclear power generation as Big Tech energy needs increase.Business - Inc. - October 17 -
ASML results could provide insight into AI, China demand
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight ...Business - MarketWatch - October 15 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
SK Hynix Profit Momentum Continues on AI-Chip Demand
SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.Tech - The Wall Street Journal - October 23 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - 8 hours ago -
Russian arms group warns it may halt exports as Ukraine war demands surge
Rostec chief Sergei Chemezov, an ally of Vladimir Putin, also blames high interest rates for making overseas sales difficultWorld - Financial Times - October 23 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - Yesterday -
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - 5 hours ago -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
The Future of AI Is AI Building AI for AI
What if the future is even more dystopian than they’re letting on?Business - Inc. - October 13 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - 2 days ago -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
How Hurricane Milton storm surge destroyed communities
Storm surge pushed around 5 feet of sand into Manasota Key, Florida, where homes and roads are covered with debris and destruction. CBS News' Tom Hanson speaks to Charlotte County public ...Top stories - CBS News - October 14 -
Hurricane Milton's storm surge reshapes Florida coastline
Several communities across Florida and North Carolina are recovering after back-to-back hurricanes. CBS News' Tom Hanson is in Manasota Key on Florida's west coast with the latest on recovery efforts.Top stories - CBS News - October 14 -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Unusual surge of "walking pneumonia" reported in kids this year
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.Top stories - CBS News - October 18 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - October 24