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Business

CoreWeave Announces Groundbreaking $6B Investment for Cutting-Edge AI Data Hub in Pennsylvania

CoreWeave Inc. plans a $6 billion investment to build a state-of-the-art AI data center in Lancaster, PA, starting at 100 MW with potential to expand to 300 MW, aiming to meet the ...

Business

Exclusive: Tesla's North America Sales VP Troy Jones Exits After 15 Years Amid Executive Shakeup

Tesla's North America Sales VP Troy Jones leaves after 15 years, part of a series of executive departures. The company faces challenges from competition and brand pressure, focusin...

Business

Citigroup Surges Ahead: Q2 Revenue Climbs 8% to $21.7 Billion Amid Strategic Transformations

Citigroup Inc. announced an 8% increase in Q2 revenue to $21.7 billion, with net income up by 25% to $4 billion. The bank also reported significant growth in EPS and ROTCE, alongsi...

Business

AWS Boosts AI Innovation with Additional $100M Investment in Generative AI Center

AWS announces a $100M additional investment in its Generative AI Innovation Center, celebrating two years of helping diverse clients implement AI at scale. Companies like Formula 1...

Business

Anthropic Revolutionizes Financial Services with Claude AI Tools: A Game-Changer for Analysts

Anthropic launches Claude's Financial Analysis Solution, integrating financial data into a unified platform with real-time access and enhanced AI tools, backed by Amazon.com Inc. a...

Business

India's Trade Deficit Shrinks in June: A Surprising Turn with Strong Services Surplus

India's merchandise trade deficit unexpectedly narrowed to $18.78 billion in June, below forecasts and May's figures, with a strong services surplus offsetting some of the decline.

Business

Why Indian Importers Are Delaying US Dry Fruit Customs Clearance Ahead of Trade Deal

Indian importers are delaying customs clearance for US dry fruits like walnuts and almonds, anticipating duty cuts in the upcoming India-US trade deal. This cautious approach aims ...

Business

Reliance Infrastructure's Stunning 101% Stock Surge: What's Fueling the Rally?

Reliance Infrastructure's stock has surged by 101% in 12 months, driven by debt reduction and credit rating improvements. Technical experts see potential for further growth to Rs 5...