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Alphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant’s capital spending outlook triggered a significant selloff. Hyperscalers are issuing more bonds to fund costly artificial intelligence investments. Big Tech companies are expected to spend over seven hundred thirty billion dollars this year. Alphabet…
Shiprocket is set to launch its IPO after lowering its issue size. This and more in today’s ETtech Top 5.
Chinese AI firm DeepSeek invested significantly in robot maker Unitree. They will jointly develop advanced AI models for humanoid robots. This partnership combines AI expertise with mechanical engineering capabilities. The collaboration aims to overcome challenges in robot autonomy and understanding. Both companies are based in China’s eastern tech hub Hangzhou.
Trump held multiple undisclosed calls with Fed Chair Warsh, reports say
In seven eastern cities of the U.S., road dust harbors toxic metals linked to historical industrial actions. These contaminants remain entrenched, presenting health dangers through regular dust interactions, especially for children who are more susceptible due to their behaviors and smaller size. Areas in the Northeast exhibit higher concentrations of these metals, a reflection of…
Oil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent topped $80 a barrel while traders remained cautious over Strait of Hormuz developments and persistent geopolitical risks affecting global energy markets.
A New Yorker named Julia lives in Brooklyn on $35,000 annually after taxes. She shares an apartment, paying $1,200 monthly for rent, which is a significant expense. Julia strategically shops at Trader Joe’s and Aldi for groceries, spending $250 each month. Her transportation costs are kept low at $70 monthly using a Fair Fares OMNY…
The S&P 500 and Nasdaq opened lower on Thursday, impacted by technology stock declines. Strong forecasts from Western Digital and Sandisk did not boost investor sentiment. Investors also awaited details concerning a Middle East peace deal. The Dow Jones Industrial Average saw a slight increase at the opening bell. Markets reacted to these mixed signals…
Warner Bros Discovery reported second-quarter revenue below expectations, mainly due to significant declines in box-office and advertising sales, which weighed on overall financial performance. Despite these challenges, the streaming segment thrived, presenting a glimmer of hope. A merger with Paramount gained UK approval but is entangled in legal issues in the US. The company aims…
Netanyahu calls PM Modi to discuss West Asia situation, India-Israel relations