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Russian rouble slightly weakens against US dollar
Russian rouble slightly weakens against US dollar
May 30, 2024
MOSCOW, May 30 (Reuters) - The Russian rouble slightly weakened against the U.S. dollar on Thursday. By 0715 GMT, the rouble was 0.33% lower at 89.81 to the dollar after trading in a range of 89.520 to 89.938. Against the euro, the rouble fell 0.12% to 97.04 and dropped 0.45% to 12.36 against the yuan . Brent crude oil, a...
Japan's Nikkei sinks below 38,000 as Wall Street, higher yields weigh
Japan's Nikkei sinks below 38,000 as Wall Street, higher yields weigh
May 29, 2024
TOKYO, May 30 (Reuters) - Japan's Nikkei share average fell more than 1% on Thursday, touching one-month intraday lows after a slump on Wall Street and a spike in global yields dampened sentiment. The Nikkei was down 1.51% at 37,974.47 by the midday break, after declining as much as 2.4% earlier in the session to 37,617.00, a level last touched...
Dollar General, Salesforce And 3 Stocks To Watch Heading Into Thursday
Dollar General, Salesforce And 3 Stocks To Watch Heading Into Thursday
May 29, 2024
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Best Buy Co., Inc ( BBY ). to report quarterly earnings at $1.08 per share on revenue of $8.96 billion before the opening bell, according to data from Benzinga Pro. Best Buy ( BBY...
Investor Optimism Decreases; Dow Tumbles Over 400 Points
Investor Optimism Decreases; Dow Tumbles Over 400 Points
May 29, 2024
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday. U.S. stocks settled lower on Wednesday, with the Dow Jones index falling more than 400 points during the session. The 10-year Treasury note yield rose for a second day. Major indices are on course to...
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A Hitachi Group site selected as
A Hitachi Group site selected as "Global Lighthouse Factory" by the World Economic Forum, marking the Group's second designation
Jul 14, 2026
Hitachi Vantara's Norman, Oklahoma, U.S. advanced storage manufacturing site newly selected as a Lighthouse in recognition of the results achieved through AI-driven utilization as part of Hitachi's Customer Zero initiativeHitachi will further enhance HMAX by drawing on cutting-edge AI expertise and technologies developed through its in-house operations, and accelerate AI Transformation, across the Hitachi Group and for customersSANTA CLARA, Calif.,...
QumulusAI Issues Fiscal Year 2026 Guidance: $300 Million in Forward ARR, Backed by 18 MW of Capacity
QumulusAI Issues Fiscal Year 2026 Guidance: $300 Million in Forward ARR, Backed by 18 MW of Capacity
Jul 14, 2026
QumulusAI expects approximately 30x ARR growth in fiscal 2026 over fiscal 2025, with line of sight to 2.5 gigawatts in 2027 ATLANTA--(BUSINESS WIRE)-- QumulusAI, a neocloud infrastructure provider purpose-built for the artificial intelligence (AI) computing era, today issued fiscal year 2026 guidance in an investor outlook update covering two operational metrics: forward annualized recurring revenue (ARR) and capacity. For fiscal...
Exclusive-AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
Exclusive-AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
Jul 14, 2026
SAN FRANCISCO, July 14 (Reuters) - AI cloud computing company CoreWeave is exploring the use of financial derivatives as a potential hedge against a future drop in memory and storage chip prices, according to a person familiar with the matter. The unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock...
Asia Pacific Spending on Tech Services Sharply Higher in Q2, as AI Drives Demand, ISG Index™ Shows
Asia Pacific Spending on Tech Services Sharply Higher in Q2, as AI Drives Demand, ISG Index™ Shows
Jul 14, 2026
Combined market up 50%, as XaaS soars 57% and managed services climbs 18% SYDNEY--(BUSINESS WIRE)-- Asia Pacific spending on technology services accelerated sharply in the second quarter, with AI adoption propelling the region to its fastest growth in nearly five years, according to the latest state-of-the-industry report from Information Services Group ( III ) , a global AI-centered technology...
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