By Chibuike Oguh NEW YORK (Reuters) – Shares of Trump Media & Technology Group, which is majority-owned by former U.S. President Donald Trump, sank to record lows on Tuesday, following the Republican presidential candidate’s recent return to rival social media platform X. Trump Media shares dropped to as low as $21.33, down more than 4%. […]
Energix signs long-term solar power deal with Google
(Reuters) – Energix Renewables said on Tuesday it has signed a long term agreement with Alphabet’s Google to supply electricity and renewable energy credits generated from its solar projects to the tech giant. To power their rapidly expanding AI data centers, major technology firms like Google are increasingly negotiating electricity supply agreements with energy providers. […]
S&P 500 to end 2024 near current level, suggests AI rally fizzling out
By Noel Randewich (Reuters) – The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is losing steam as investors wait for a widely-expected U.S. central bank interest rate cut next month. The benchmark S&P 500 will end 2024 at 5,600 […]
Biden approved secret nuclear strategy focusing on Chinese threat, New York Times reports
WASHINGTON (Reuters) – U.S. President Joe Biden approved in March a highly classified nuclear strategic plan that for the first time reorients Washington’s deterrent strategy on China’s expansion of its nuclear arsenal, the New York Times reported on Tuesday. The White House never announced that Biden had approved the revised strategy, titled the “Nuclear Employment […]