#investmet

MICROSOFT, BLACKROCK FORM GROUP TO RAISE $100 BILLION TO INVEST IN AI DATA CENTERS AND POWER Microsoft and BlackRock have joined forces to launch the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP), a major initiative aimed at raising up to $100 billion to support...

Amazon Web Services (AWS) has unveiled a strategic plan to invest £8 billion ($10.48 billion) in the UK between 2024 and 2028 to expand its data centre operations. This substantial investment is expected to strengthen the UK’s digital infrastructure, contributing an estimated £14 billion to the...

PARTNERSHIP ANNOUNCEMENT: Cruise, a subsidiary of General Motors, will partner with Uber to introduce driverless vehicles on the Uber platform starting in 2025. The service will initially launch in an unspecified city using Chevy Bolt-based autonomous vehicles. BACKGROUND: Cruise halted its...

Rate Rally: U.S. stock markets have been largely steady, with major indices rising on expectations of a Federal Reserve interest rate cut in September. Investors are closely watching Fed Chair Jerome Powell's upcoming comments at the Jackson Hole symposium. September Rate Cut Expected: Minutes...

Strategic Selloff: Warren Buffett's Berkshire Hathaway recently sold 33.9 million shares of Bank of America (BAC) over a three-day period, trimming its stake by approximately $1.5 billion. The per-share sale prices ranged from $43.13 to $44.07. Remaining Holdings: Despite the significant...

Market Overview: After a strong performance last week, with the S&P 500 gaining 3.9%, Dow Jones 2.9%, and Nasdaq 5.2%, stock futures remained flat on Monday, indicating a possible pause in momentum. Retail Earnings Focus: Investors are awaiting earnings reports from major retailers, with Target...

H&R Block's stock experienced a significant surge after the company reported stronger-than-expected fourth-quarter earnings and announced several shareholder-friendly initiatives. The tax preparation firm revealed that its revenue for the quarter ending June 30 increased slightly to $1.06...

Hello, team! As we continue to grow as a community of investors, it’s crucial that we not only focus on potential returns but also have a firm grasp on the risks involved. Understanding these risks is key to making informed decisions and safeguarding our investments. Let’s dive into the main...

Market Rally: Stocks surged on Tuesday following positive inflation data. The Nasdaq gained 2.43%, the S&P 500 increased by 1.68%, and the Dow rose by 408 points. All major indices are now above their levels from the August 2nd close, recovering from the early August sell-off. Starbucks CEO...

Amazon has officially opened a state-of-the-art fulfilment centre at Gateway45 in Leeds, marking a significant £500 million investment aimed at bolstering its UK operations. This new facility, Amazon’s 31st in the UK, will utilize advanced technology across three floors to streamline the...

Nvidia's stock (NVDA) gained momentum in premarket trading on Tuesday, following a 5% rise on Monday, as investors and analysts debated whether the recent downturn in semiconductor stocks has been overstated. Bank of America analyst Vivek Arya highlighted Nvidia as a leading "rebound" candidate...

Tesla Discontinues Its Most Affordable Cybertruck Model Tesla has ceased accepting orders for the $61,000 version of its Cybertruck, effectively raising the entry price to $100,000. The move has sparked significant interest and concern among consumers and investors alike, as the pricing shift...

Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...

Nvidia shares tumbled, extending the stock's one-month decline to around 23%, amid a major pullback in global tech stocks and reports of a delay in the delivery of its newly-designed AI chips known as Blackwell. Blackwell Chips: Nvidia unveiled the Blackwell line of processors earlier this...

Market Decline Major indexes fell on Friday, with the S&P 500 down 1.84%, Nasdaq Composite down 2.43%, and Dow Jones down 1.51%. The July jobs report showed weaker-than-expected growth, with nonfarm payrolls increasing by only 114,000 and the unemployment rate rising to 4.3%. Earnings Season...

Coca-Cola (KO) held on to its momentum to deliver another strong quarter on Tuesday. The soda giant beat Wall Street's estimates in Q2, led by global demand for its beverages, despite higher prices. Revenue grew 3% to $12.4 billion, compared to the expected $11.76 billion. Earnings per share...