Oil prices turn lower as Bessent says U.S. may have Iran deal “today or tomorrow”

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Investors are pouring money into global equities, particularly technology stocks, despite a recent market dip. This surge, marking the third consecutive week of inflows, signals strong confidence in the AI-driven rally. While U.S. funds saw outflows, Europe and Asia experienced significant gains. Bond funds also remain popular, though money market funds saw a reversal. Emerging…

The cost of land (for data centres), some equipment (to fill these with AI servers) and labour (from construction workers to AI whizz-kids) is lower in China than in America.