By Toby Sterling and Nathan Vifflin AMSTERDAM, Jan 27 (Reuters) - As artificial intelligence firms jostle for the Nvidia chips needed to power the AI boom, Dutch firm ASML has carved out a key niche in the supply chain: building the laser-using machines needed to print them. ASML, which counts Taiwan's TSMC and Intel amongst its clients, makes the huge precision machines needed to print the minus...
By Toby Sterling and Nathan Vifflin AMSTERDAM, Jan 27 (Reuters) - As artificial intelligence firms jostle for the Nvidia chips needed to power the AI boom, Dutch firm ASML has carved out a key niche in the supply chain: building the laser-using machines needed to print them. ASML, which counts Taiwan's TSMC and Intel amongst its clients, makes the huge precision machines needed to print the minuscule circuitry onto silicon chips, dominating the market for the high-end microprocessors needed for AI. The Veldhoven, Netherlands-based company has seen its shares double in value since last April and rise 25% this month alone amid signs that its chipmaker clients are ramping up investment as a supply crunch pushes up chip prices. Now investors are watching whether the firm ups its forecasts for flat-to-modest sales growth in 2026 when it reports earnings on Wednesday, analysts said. Analysts have been upgrading estimates as the stock races ahead, with new forecasts significantly above the company's guidance. A monopoly on extreme ultraviolet (EUV) technology has helped the firm ride the coattails of chip design giant Nvidia amid a global AI arms race that has created trillions of dollars in value. ASML is "the only game in town," said John West of semiconductor consultancy Yole Group, referring to EUV, which uses light beams just 13.5 nanometers thick - minuscule, given a human hair is around 80,000–100,000 nanometers across. CHIPMAKER CLIENTS RAMP UP CAPEX PLANS The firm will also update its plans to ramp up the number of machines it can make. Demand for ASML's high-tech tools has made the firm Europe's most valuable listed company with a market cap recently topping $500 billion. ASML controls some 90% of the market for lithography systems, analysts estimate, due to its high-throughput machines. It is the only maker of EUV technology, in which drops of tin are vaporized with lasers 50,000 times a second to create the light. Demand for AI-linked cloud services boo...
“If something serious happens there, we would have to go to rescue the Japanese and American citizens in Taiwan. In that situation, there may be cases where Japan and the US take joint action,” Takaichi said in her latest elaboration of her country’s potential military involvement in case of a Taiwan conflict. “And if the US forces, acting jointly with us, come under attack and Japan does nothing ...
“If something serious happens there, we would have to go to rescue the Japanese and American citizens in Taiwan. In that situation, there may be cases where Japan and the US take joint action,” Takaichi said in her latest elaboration of her country’s potential military involvement in case of a Taiwan conflict. “And if the US forces, acting jointly with us, come under attack and Japan does nothing and simply runs away, the Japan-US alliance would collapse. So we would respond strictly within the limits of the law – within the limits of the laws as they currently exist – while making a comprehensive judgment based on what is happening on the ground.” Advertisement The latest remarks were made on a Japanese television programme on Monday night as she was pressed by opposition parties to elaborate on or retract the remarks she made in November on the Taiwan contingency that plunged Tokyo’s relations with Beijing to their lowest level in over a decade. 02:41 Japan tourist arrivals break records despite drop in visitors from mainland China Japan tourist arrivals break records despite drop in visitors from mainland China At that time, Takaichi said Japan could mobilise its Self-Defence Forces in response to a hypothetical attack on Taiwan.
Friends remember pair killed in Anthony Joshua crash 3 hours ago Share Save Nora Fakim London, South Ruislip Share Save Social media Latif Ayodele (left) and Sina Ghami (right) were close friends and team members of Anthony Joshua (middle) In South Ruislip, north-west London, a community is coming to terms with the deaths of their friends Sina Ghami and Latif Adeyole. The pair were travelling with...
Friends remember pair killed in Anthony Joshua crash 3 hours ago Share Save Nora Fakim London, South Ruislip Share Save Social media Latif Ayodele (left) and Sina Ghami (right) were close friends and team members of Anthony Joshua (middle) In South Ruislip, north-west London, a community is coming to terms with the deaths of their friends Sina Ghami and Latif Adeyole. The pair were travelling with heavyweight boxer Anthony Joshua and another passenger when their vehicle collided with a truck on a major road near Lagos, Nigeria, on 29 December. Ghami and Adeyole were childhood friends of Joshua and were part of his team. Adeyole was Joshua's personal trainer and Ghami was his rehabilitation coach. Walid Bouzaghar, who was mentored by Adeyole, said: "Sina, Latif, A.J and his team were the epitome of humble." Handout Walid Bouzaghar (right) says his friend Latif Adeyole (left) spread love and positivity to others The west Londoner said that despite being part of Joshua's inner circle, the group had always remained grounded. "You'd never see those guys around thinking they were better than anyone else. "I knew Latif as one of my close friends, and he radiated that outwardly, inwardly and that's why so many people have so much good things to say about him. "His character was always about spreading love, positivity and faith to those around him." Handout Latif Adeyole was committed to giving back to the community, his friends say Bouzaghar added Adeyole's Islamic faith played a central role in his life and he was committed to giving back to London's communities. "Latif would always say: 'Never hold a grudge, you don't know someone else's story. You deal with people in compassion, and you always resolve issues with your brothers and sisters.' "That was him. He helped me a lot when I was not in a good place. He took me as I was. We travelled to Morocco together and I realised he wasn't just a friend, he was family." The gym community have been mourning the deaths of their f...
I accused a police officer of rape, but I ended up on trial Just now Share Save Rebecca Woods and Hayley Mortimer , BBC File on 4 Investigates Share Save Getty Images When Ruth walked into a police station to allege she had been raped by her partner, she did not think that she would end up in the dock. She would later be accused by police of making a false rape allegation, charged and put on trial...
I accused a police officer of rape, but I ended up on trial Just now Share Save Rebecca Woods and Hayley Mortimer , BBC File on 4 Investigates Share Save Getty Images When Ruth walked into a police station to allege she had been raped by her partner, she did not think that she would end up in the dock. She would later be accused by police of making a false rape allegation, charged and put on trial. It led to a years-long struggle to clear her name, before she was eventually acquitted. Ruth, whose name we have changed to protect her identity, reported the alleged rape in early 2020 - seven months after she and the man, a police officer, had split up. The day of the alleged assault was the last time the pair had seen each other. "I felt if I didn't report it, I couldn't carry on with my life anymore," Ruth tells File on 4 Investigates. While the accused man was not charged with a crime, Ruth faced an accusation of perverting the course of justice, an offence that carries a maximum life jail term. In the UK, only an "extremely small number" of people every year are prosecuted for making false rape claims, according to the Crown Prosecution Service (CPS). The latest official CPS figures, from more than a decade ago, show there were 5,651 prosecutions for rape in England and Wales over a 17-month period in 2011-12 - compared with 35 prosecutions for making false allegations of rape. Around the same time, CPS guidelines were updated, leading to a drop in false rape prosecutions. Someone falsely accused of rape before a trial is likely to spend time in a police cell or even prison. If they are charged, their name will normally be made public. Even those quickly exonerated can face stigma. Current CPS guidance says it is important that police acknowledge the damaging impact a false rape allegation can have, and that these cases should be dealt with robustly. "The bar for these prosecutions is rightly high," it told us, and "charging decisions must be approved by lawyers at ...
The digital economy presents growing challenges for tax systems as online services highlight the limitations of current frameworks. Virtual ventures, such as Meta or Alphabet, notably have large customer bases in countries where they have no physical presence, generating profits from advertising or subscription services. Because tax rules still assume a physical presence, profits from digital acti...
The digital economy presents growing challenges for tax systems as online services highlight the limitations of current frameworks. Virtual ventures, such as Meta or Alphabet, notably have large customer bases in countries where they have no physical presence, generating profits from advertising or subscription services. Because tax rules still assume a physical presence, profits from digital activities often bypass contributions where consumers are located. Instead, multinationals usually pay corporate levies where production takes place. “It is important that all sectors of our economies pay their fair share of taxes and contribute to the functioning of our societies,” says the European Commission. To address this, the OECD has been hosting negotiations involving more than 140 countries to update the international tax system. The proposal, known as Pillar One, would require some of the world’s largest multinationals to pay part of their tax in countries where their consumers are based. Where in Europe are DSTs in place? Several European countries have expressed interest in implementing a digital services tax (DST), particularly while a OECD-wide deal makes slow progress. France, Spain, Italy, Austria, Denmark, Hungary, Poland, and Portugal have introduced a DST within the EU. The UK, Switzerland, and Turkey have also implemented such taxes. Belgium, Czechia, Latvia, Slovakia, Slovenia, and Norway have announced plans or signalled intentions to introduce a DST. DST rates and the exact nature of the taxes vary across Europe, according to data compiled by Cristina Enache of the Tax Foundation. DST rates average around 3% to 5%, and Hungary currently has the highest rate at 7.5%. Turkey, which previously shared the top spot with Hungary, saw its DST rate fall to 5% in 2026 — and this will fall to 2.5% in 2027. The rate is 2% in the UK and Denmark, while Poland has a 1.5% tax on streaming and audio-visual services. It is 3% in Belgium, France, Italy, Latvia, and Spain....
Downsizing may seem like a neat solution to your retirement challenges – you may not have saved as much as you’d hoped, and the extra cash released by moving somewhere smaller could neatly fill the gap. However, a closer look shows that for many the downsizing dream does not match up to reality. A recent poll we conducted shows that less than one in five of us would consider moving, with people be...
Downsizing may seem like a neat solution to your retirement challenges – you may not have saved as much as you’d hoped, and the extra cash released by moving somewhere smaller could neatly fill the gap. However, a closer look shows that for many the downsizing dream does not match up to reality. A recent poll we conducted shows that less than one in five of us would consider moving, with people becoming more reluctant the older they get. There are various reasons for this, most notably 37% said they didn’t want to move anywhere smaller. This could be because the children who have left have been replaced by grandchildren who visit regularly. It may be that they’ve had a chance to look around properties and realise they’ve got used to bigger living spaces and don’t want to compromise. Read more: How to reduce inheritance tax for your loved ones Added to this, a third of people said they are very attached to their home so wouldn’t consider a sale. This is understandable, given that the home can hold precious memories and they will be reluctant to move away from friends and connections. The financial aspect of moving could also loom large, with stamp duty highlighted as a key expense. It’s important to do your sums in advance to see whether you will actually raise enough from a move to get what you want elsewhere. Getting it wrong could mean you can only afford somewhere much smaller or in an area further away. However, there are reasons why downsizing could be on more people’s minds. The inclusion of pensions in people’s estates for inheritance tax purposes from April 2027 will prompt people to look at ways to reduce the size of their overall estate. Downsizing could release money that could be gifted to loved ones, but it’s a decision that requires careful thought. Downsizing your home may seem like a neat solution to your retirement challenges, but for many, the dream does not match up to reality. · Westend61 via Getty Images Equity release is another option, as you ...
Taiwan’s Mandopop queen Jolin Tsai’s new concert tour has been branded a “cult” event online. But the singer has hit back and received support from fans, including China’s state media. Tsai unveiled her new world tour concert, Pleasure, at the Taipei Dome from December 30 to January 1. A component of Jolin Tsai’s new stage show sees her dance and sing atop a giant serpent’s head. Photo: Eternal Mu...
Taiwan’s Mandopop queen Jolin Tsai’s new concert tour has been branded a “cult” event online. But the singer has hit back and received support from fans, including China’s state media. Tsai unveiled her new world tour concert, Pleasure, at the Taipei Dome from December 30 to January 1. A component of Jolin Tsai’s new stage show sees her dance and sing atop a giant serpent’s head. Photo: Eternal Music Production As footage of the breathtaking stage circulated online, a mainland Chinese influencer with 400,000 followers, @celialiang, accused Tsai’s concert of being “cultlike”. Advertisement The influencer and her supporters said it featured “dark elements from Western religions” and claimed that a 30m long mechanical serpent puppet, which she performs atop, “sucked away audiences’ luck”. The woman also reportedly led hundreds of netizens to report Tsai to Chinese city governments in a bid to get her tour, scheduled for 14 mainland cities starting March, cancelled. The show also sees the singer perform on the back of a flying horse figure. Photo: Eternal Music Production On January 7, the company collaborating with Tsai on her mainland concerts, Yong Dao Xing, said it would hold the influencer legally responsible for spreading false information.
The number of US-style pickup trucks on UK roads has almost doubled in the past 10 years, data shows. The vehicles are more environmentally damaging than ordinary cars, and more dangerous for pedestrians and cyclists. Campaigners have said the extra-large vehicles, which are often too big for UK streets and parking spaces, are built like “battering rams”. Analysis by Clean Cities of Department for...
The number of US-style pickup trucks on UK roads has almost doubled in the past 10 years, data shows. The vehicles are more environmentally damaging than ordinary cars, and more dangerous for pedestrians and cyclists. Campaigners have said the extra-large vehicles, which are often too big for UK streets and parking spaces, are built like “battering rams”. Analysis by Clean Cities of Department for Transport data has found that registrations of the most commonly sold pickup trucks have risen by 92% in just over a decade, with close to 600,000 (590,587) now on UK roads, compared with 308,103 in 2014. This is a particular problem in urban areas, where the vehicles are not suited to narrow streets, pavements and school environments. Clean Cities is calling for increased parking charges for larger and more dangerous vehicles and applying safety standards to pickup trucks, including tests on whether a child can be seen from the drivers’ seat. Oliver Lord, the UK head of Clean Cities, said: “This boom in US-style pickup trucks is lifestyle over practicality in exchange for parking mayhem and dangerous roads. City leaders must act to discourage these menacing vehicles from our streets. How is it acceptable to have a vehicle so tall that children cannot be seen?” Hundreds of thousands of these cars are longer than a second world war tank, and the 10 most common pickup models, including the Ford Ranger, Toyota Hilux, Mitsubishi L200 and Nissan Navara, account for more than half a million registered vehicles. View image in fullscreen The Toyota Hilux is the second most commonly owned pickup truck in the UK. Photograph: Simon Stuart-Miller The Ford Ranger is the UK’s most popular pickup truck, weighing between 2,200kg and 2,400kg with a bonnet height of more than a metre. Research from the US found that the vehicle’s large front blind zone can hide several children. This is followed by the Toyota Hilux, which weighs between 2,100kg and 2,300kg and has a bonnet height of 1.05 me...
She was half of a 90s art power couple that seemed unstoppable. But they split and the trauma floored her. Now she’s back with defiant paintings celebrating her punk past – and late-career motherhood Sue Webster is reminiscing about boozy 90s art openings. A hazy memory of Damien Hirst riding Leigh Bowery’s shoulders is surfacing, and a terrible fight with Jake Chapman at Charles Saatchi’s gallery...
She was half of a 90s art power couple that seemed unstoppable. But they split and the trauma floored her. Now she’s back with defiant paintings celebrating her punk past – and late-career motherhood Sue Webster is reminiscing about boozy 90s art openings. A hazy memory of Damien Hirst riding Leigh Bowery’s shoulders is surfacing, and a terrible fight with Jake Chapman at Charles Saatchi’s gallery. “It was a verbal thing but he was probably about to punch me. You’d get very drunk on the free champagne.” Webster, and her former partner in art, romance and general punk rockery, Tim Noble, hit London in 1992 as the YBAs rose to fame. Five years later, Saatchi stopped by their cheap-as-chips live-work space in Shoreditch and, with his taxi still running outside, snapped up a light sculpture called Toxic Schizophrenia and a “shadow sculpture” titled Miss Understood and Mr Meanor. The shadow sculptures were meticulously melded pieces of junk and detritus which, when lit from one side, projected self-portrait silhouettes onto the wall. Webster says she would sometimes cry when saying goodbye to an artwork after selling it. So what does an artist do when such a long and successful partnership ends? “I wanted to unravel my brain, and work out how I ended up here,” she says. Continue reading...
A hillside “battery” outside Plymouth in Devon has begun generating electricity using a first of a kind hydropower system embedded underground. The pioneering technology means one of the oldest forms of energy storage, hydropower, can be used to store and release renewable energy using even gentle slopes rather than the steep dam walls and mountains that are usually required. The design means the ...
A hillside “battery” outside Plymouth in Devon has begun generating electricity using a first of a kind hydropower system embedded underground. The pioneering technology means one of the oldest forms of energy storage, hydropower, can be used to store and release renewable energy using even gentle slopes rather than the steep dam walls and mountains that are usually required. The design means the principles of hydropower could be used as a form of “long duration energy storage” in many more locations across the UK, and the world, than traditional hydropower dams. The projects could be quicker and cheaper to build too. Engineers at RheEnergise built the project to mimic the UK’s traditional hydropower plants, which have powered the grid for decades by using electricity to pump water uphill when power supplies are abundant, and later releasing the water back down through turbines to generate electricity when supplies are short. But instead the company’s “high-intensity” hydro project uses a mineral-rich fluid, which has more than two and a half times the density of water, to create the same amount of electricity from slopes that are less than half as high. Stephen Crosher, the chief executive of RheEnergise, said the government-backed project was able to consistently meet its goal of generating 500 kilowatts, or enough electricity to power 400 homes for a year if run continually, in a vote of confidence for the technology as the company prepared to build commercial-scale projects around the world. View image in fullscreen The RheEnergise project is located at Cornwood, near Plymouth. Photograph: Taylor Keogh Communications/RheEnergise RheEnergise said it was in talks with independent developers in the UK, Italy, Poland, Spain and North America to build the first commercial-scale project within the next three years. It expects to partner with larger utilities to develop larger projects in the 2030s, when widespread use of renewable energy is expected to make long-durat...
Does Britain have any leverage over human rights or security concerns or is it a decaying nation that cannot risk trade relations? This week, Keir Starmer will reportedly visit China . This will be the first trip of this kind by a British prime minister since Theresa May’s three-day visit to Beijing in 2018. Since then, relations between London and Beijing have become increasingly fraught, caught ...
Does Britain have any leverage over human rights or security concerns or is it a decaying nation that cannot risk trade relations? This week, Keir Starmer will reportedly visit China . This will be the first trip of this kind by a British prime minister since Theresa May’s three-day visit to Beijing in 2018. Since then, relations between London and Beijing have become increasingly fraught, caught between growing security concerns and deep economic interdependence. Allegations of espionage and influence operations have sharpened political and public suspicion in the UK, even as deep trade links and supply chains on which the country depends make disengagement unrealistic. As fierce debate about the recent approval for the new Chinese embassy has shown, there are strong opinions about how to best manage relations with Beijing – as well as what, precisely, constitutes a threat and what is an opportunity. The result is an uneasy balancing act in which caution and cooperation coexist, often uncomfortably. These security concerns are grounded in recent experience. In December, the Foreign Office disclosed it had been the target of a sustained cyber-attack two months earlier that was suspected to be the work of a Chinese group known as Storm 1849. This followed investigations into alleged espionage involving parliamentary researchers and repeated warnings from security agencies about technology transfer and data exposure in sensitive industries. Peter Frankopan is professor of global history at the University of Oxford. His most recent book is The Earth Transformed: an Untold History. Continue reading...
Celeriac is easy to ignore or overlook, but it really deserves a bit of attention in winter. January is a time for turning on the oven and cooking without having to think too much, and this is the sort of dish that more or less looks after itself while you get on with your evening. The kitchen feels warmer, the smell changes and you know that dinner is sorted. This is simple, honest food, and not ...
Celeriac is easy to ignore or overlook, but it really deserves a bit of attention in winter. January is a time for turning on the oven and cooking without having to think too much, and this is the sort of dish that more or less looks after itself while you get on with your evening. The kitchen feels warmer, the smell changes and you know that dinner is sorted. This is simple, honest food, and not remotely trying to be clever. It’s just something to put in the middle of the table, cut into and share, which is exactly what you want when the days are cold and nights are long. Slow-roast celeriac with rosemary and crisp chorizo Prep 5 min Cook 2 hr+ Serves 4 1 large celeriac 2 sprigs rosemary, leaves picked 2 garlic cloves, peeled 1 tsp smoked sweet paprika 2 tbsp olive oil Sea salt and black pepper 125g chorizo, chopped 2 tbsp apple cider vinegar 2 tbsp extra-virgin olive oil 1 small handful chopped flat-leaf parsley, to finish Heat the oven to 190C (170C fan)/375F/gas 5. Wash and trim the celeriac, then pierce it all over with the tip of a sharp knife and put it in an ovenproof dish. Put the rosemary, garlic, paprika and olive oil in a mortar, add some salt and pepper, then crush to a coarse paste. Coat the outside of the celeriac with the rosemary mixture. Put a splash of water in the bottom of the dish, then cover the celeriac with tinfoil and roast for two to two and a half hours, until tender to the point of a knife. When the celeriac is cooked, put a frying pan on a medium heat, then fry the chorizo until golden and crisp. Pour the vinegar and extra-virgin olive oil into the hot chorizo pan and stir to combine and reduce. Cut the celeriac into 1cm-thick slices, then arrange these on a platter and spoon on the chorizo dressing. Scatter over the parsley and serve.
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More on AGNC Investment AGNC Investment: 3 Floating Preferred Shares Offer Over 9% Yield If You Want mREIT Dividends, Rithm Capital Outshines AGNC Investment Flight To Safety: Why AGNC's 13.4% Dividend Is The Ultimate Recession Hedge AGNC Investment Q4 earnings trail consensus as backdrop improves AGNC Investment Non-GAAP EPS of $0.35 misses by $0.02
Shop price inflation in Britain jumped to 1.5% in January, as retailers passed on higher energy and national insurance (NI) costs to consumers. The British Retail Consortium (BRC) said this year-on-year increase in inflation “defies expectations”, having risen from 0.7% growth in December. That’s according to the trade association’s latest shop price monitor, with NielsenIQ (NIQ), which showed tha...
Shop price inflation in Britain jumped to 1.5% in January, as retailers passed on higher energy and national insurance (NI) costs to consumers. The British Retail Consortium (BRC) said this year-on-year increase in inflation “defies expectations”, having risen from 0.7% growth in December. That’s according to the trade association’s latest shop price monitor, with NielsenIQ (NIQ), which showed that the January inflation figure was also above a three-month average of 0.9%. By category, food price inflation continued to see the highest rate of growth, increasing to 3.9% year-on-year in January. That was up from 3.3% growth in December and was above a three-month average of 3.4%. Within this category, fresh food inflation climbed to 4.4% in the year to January, up from 3.8% in December and higher than the three-month average of 3.9%. Ambient food inflation increased to 3.1% over the past year, against growth of 2.5% in December and above a three-month average of 2.6%. Read more: Best savings account deals as inflation climbs Meanwhile, non-food inflation rose 0.3% year-on-year in January, up from a decline of 0.6% in December and also higher than the three-month average of -0.3%. Helen Dickinson, CEO of the BRC, said: “Any suggestion that inflation has peaked is simply not borne out by these figures.” “Shop price inflation jumped this month due to high business energy costs and the hike to national insurance continuing to feed through to prices,” she said. “Meat, fish and fruit were particularly affected, also reflecting weak supply and stronger demand, while non-food categories, including furniture, flooring, and health and beauty, all saw inflation rise.” Mike Watkins, head of retailer and business insight at NIQ, said: “Shoppers are always cautious about spending in January and this will not be helped by the continuation of inflation.” “However, there are still savings to be made at the checkout as some non-food retailers are still on promotion and many food retaile...
These businesses see opportunities in the burgeoning AI field, but each has a catch. The booming artificial intelligence (AI) sector offers a variety of stocks to invest in. Two to consider are SoundHound AI (SOUN 4.89%) and Navitas Semiconductor (NVTS 7.77%). These companies give you exposure to different areas of the AI industry. The former specializes in consumer-facing, voice-activated AI and ...
These businesses see opportunities in the burgeoning AI field, but each has a catch. The booming artificial intelligence (AI) sector offers a variety of stocks to invest in. Two to consider are SoundHound AI (SOUN 4.89%) and Navitas Semiconductor (NVTS 7.77%). These companies give you exposure to different areas of the AI industry. The former specializes in consumer-facing, voice-activated AI and represents a stake in AI software. The latter operates behind the scenes, supplying semiconductor components to the data centers that house AI systems, and would serve as an AI hardware play. Between SoundHound and Navitas, one may prove to be the superior AI investment. To determine which, here's a deeper look into each company. SoundHound's pros and cons SoundHound's technology is an impressive example of AI-powered voice conversations. Its agentic AI bots can perform actions for you, including ordering food and making travel reservations through devices such as your TV or from inside your car. In January, the company announced its Vision AI product, which integrates with a vehicle's cameras to "see" its surroundings. This ability allows drivers to ask AI to perform tasks based on the environment, such as dialing a phone number on a billboard or translating a nearby sign. On Jan. 21, the company partnered with Bridgepointe Technologies to help Bridgepointe's customers adopt SoundHound's solutions. These clients include hotel chain Marriott and auto giant Toyota. The deal has the potential to expand SoundHound's sales, which are already soaring. Revenue reached a record $42 million in the third quarter of 2025, a 68% year-over-year increase. SoundHound continues to grow sales by expanding its platform capabilities. It's doing so quickly by acquiring businesses working on voice-enabled AI tech. But the acquisitions contributed to escalating operating costs, which rose a massive 243% year over year to $115.9 million in Q3. This kind of expense growth is concerning since it i...
There is a change in the way the federal government operates that investors need to incorporate into their thinking. If they do it right, they can get some gains by holding stocks that President Donald Trump might covet. The White House often points out that Trump is a businessman and his second administration has demonstrated a willingness to do business directly with American companies.
There is a change in the way the federal government operates that investors need to incorporate into their thinking. If they do it right, they can get some gains by holding stocks that President Donald Trump might covet. The White House often points out that Trump is a businessman and his second administration has demonstrated a willingness to do business directly with American companies.
TOPSHOT - European Commission President Ursula von der Leyen (L) and India's Prime Minister Narendra Modi look on before their meeting at the Hyderabad House in New Delhi on February 28, 2025. The European Union is exploring a security and defence partnership with India, EU chief Ursula von der Leyen said on February 28 before meeting with Prime Minister Narendra Modi in New Delhi. (Photo by Money...
TOPSHOT - European Commission President Ursula von der Leyen (L) and India's Prime Minister Narendra Modi look on before their meeting at the Hyderabad House in New Delhi on February 28, 2025. The European Union is exploring a security and defence partnership with India, EU chief Ursula von der Leyen said on February 28 before meeting with Prime Minister Narendra Modi in New Delhi. (Photo by Money SHARMA / AFP) (Photo by MONEY SHARMA/AFP via Getty Images) Money Sharma | Afp | Getty Images India and the European Union on Monday closed a 'landmark' free trade agreement, touted as the 'mother of all deals,' Indian Prime Minister Narendra Modi said during a speech at the India Energy Week on Tuesday. The FTA signed with the EU, which represent about 25% of global GDP and about a third of global trade, will also complement India's deals with Britain and the European Free trade Association, Modi said. The agreement will forge a market of 2 billion people at a time when trade ties are being tested amid rising geopolitical tensions. "I congratulate our colleagues associated with every sector, such as textiles, gems and Jewelry, leather and shoes. This deal will prove to be very supportive to these sectors," Modi said. Modi and EU President Ursula von der Leyen are expected to make a joint statement at the India–EU summit in New Delhi, later in the day, revealing the details of the deal that had been in the making for nearly two decades. For New Delhi, which has been facing the brunt of punitive U.S. tariffs, this deal could be a much-needed shot in the arm. Since Trump imposed 50% tariffs on the Asian economy in August last year, it has been looking at alternative markets for its exports and has entered into trade deals with several countries. This is India's fourth major trade deal since the U.S., India's biggest export market and a major trading partner, imposed steep tariffs in August. It has entered into a trade pact with the U.K ., Oman and New Zealand. According to Eu...
TLDRs; Microsoft shares edged higher as investors welcomed local approval for a massive, long-term U.S. data center expansion. The $13 billion Wisconsin project strengthens Microsoft’s AI infrastructure race against Amazon, Google, and Oracle. Power grid upgrades and renewable energy sourcing will shape when the new facilities can become fully operational. The buildout could support sustained reve...
TLDRs; Microsoft shares edged higher as investors welcomed local approval for a massive, long-term U.S. data center expansion. The $13 billion Wisconsin project strengthens Microsoft’s AI infrastructure race against Amazon, Google, and Oracle. Power grid upgrades and renewable energy sourcing will shape when the new facilities can become fully operational. The buildout could support sustained revenue growth from cloud and AI clients, including large strategic partners. 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Microsoft shares traded modestly higher after news that the company had secured approval to construct 15 additional data centers in Wisconsin, a project with a combined taxable value exceeding $13 billion. The decision by the Mount Pleasant village board marks a key step in Microsoft’s long-term push to scale its artificial intelligence and cloud computing infrastructure across the United States, even as competition for power, land, and regulatory clearance intensifies. Microsoft Corporation, MSFT The planned facilities will be built near Microsoft’s existing campus and are expected to span nearly nine million square feet of data center space, supported by multiple new electrical substations. While the market reaction was measured rather than explosive, investors appeared to view the approval as another confirmation that Microsoft is successfully executing on its capital-intensive expansion strategy to meet surging demand for AI workloads and cloud services. Massive AI Infrastructure Bet The Wisconsin project is one of Microsoft’s largest single-location data center investments to date and reflects the scale of resources now required to train and deploy advanced AI models. With customers increasingly running complex machine learning tasks and large language models, compute capacity has become a strategic bottleneck across the in...
Xpeng Vice Chairman & President Brian Gu discusses business outlook and AI transition. He speaks exclusively with Bloomberg’s David Ingles at the Asian Financial Forum in Hong Kong. (Source: Bloomberg)
Xpeng Vice Chairman & President Brian Gu discusses business outlook and AI transition. He speaks exclusively with Bloomberg’s David Ingles at the Asian Financial Forum in Hong Kong. (Source: Bloomberg)
Aryna Sabalenka says her mentality is "trophy or nothing" as she maintained her pursuit of a third Australian Open title in four years with a dominant quarter-final victory over teenager Iva Jovic. World number one Sabalenka overpowered rising American star Jovic 6-3 6-0 and awaits either third seed Coco Gauff or Ukraine's Elina Svitolina in the semi-finals. The 27-year-old Belarusian, a four-time...
Aryna Sabalenka says her mentality is "trophy or nothing" as she maintained her pursuit of a third Australian Open title in four years with a dominant quarter-final victory over teenager Iva Jovic. World number one Sabalenka overpowered rising American star Jovic 6-3 6-0 and awaits either third seed Coco Gauff or Ukraine's Elina Svitolina in the semi-finals. The 27-year-old Belarusian, a four-time major singles champion, has made the semi-final stage at 14 of the last 17 majors she has contested. Sabalenka is only the third women's player to reach eight consecutive singles semi-finals at Grand Slams in the past 38 years, after Lindsay Davenport and Martina Hingis. "I think that it's unbelievable what I was able to achieve," said Sabalenka. "What's really helping me to be there all the time is the focus that I'm having. "Focusing on the right things definitely helps a lot with the consistency."