Hot News
- Quick Links
- Forex
- News
- Market Analysis
Meta just bumped its 2026 capex forecast up to as much as $145 billion for the AI boom—and investors flinched
The company reported first quarter 2026 earnings results on Wednesday and raised its full-year 2026 capital expenditure guidance to $125 billion to $145 billion, up from a previous range of $115 billion to $135 billion. Meta told investors the boost was the result of higher prices for components and “additional data center costs to support future-year capacity.” Last year, Meta spent…
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
Federal Reserve Chair Jerome Powell announced Wednesday he will remain on the Fed’s Board of Governors after his term as chair ends May 15, citing what he called “unprecedented” legal attacks on the central bank’s independence by the Trump administration.“My concern is really about the series of legal attacks which threaten our ability to conduct monetary policy without considering political…
Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it
JPMorgan CEO Jamie Dimon is fed up with managers who enable bureaucracy, which he considers a silent killer for organizations that brings with it a host of other problems.The longtime CEO, who helped build JPMorgan into a $830 billion behemoth and the world’s largest bank by market cap from a $130 billion market cap when his tenure started in 2006,…
Most Read
Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
RBI Launches Mobile App for Easy Retail Investment in Government Bonds
The Reserve Bank of India (RBI) has introduced a new mobile app, making it easier for everyday investors to participate in the government bond market. This initiative, launched under the…
