Broadcom Seeks $60 Billion to Finance AI Chips for Anthropic and Other Companies
Broadcom and Wall Street banks are assembling about $60 billion to finance AI chips and infrastructure for Anthropic and other companies.
by Best Owie//4 minute read
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Euro Zone Inflation Hits Three-Year High at 3.8% as Energy Costs Surge
Eurozone inflation jumped to 3.8% in September, exceeding forecasts and hitting a three-year high as energy prices surged.
by Kayode Adeoti//4 minute read
Oil Prices Fall as Middle East Crude Exports Recover, But Shipping Risks Persist
Oil prices fell Friday as Middle East crude exports recovered toward pre-conflict levels, while Strait of Hormuz shipping risks remained elevated.
by Scott Matherson//3 minute read
UnitedHealthcare, Aetna Narrow Medicare Advantage Networks for 2027 as Insurers Cut Back
UnitedHealthcare and Aetna are narrowing Medicare Advantage provider networks for 2027 as insurers respond to higher medical costs and reimbursement pressure.
by Ryan Perrakis//4 minute read
SpaceX Crew-13 Reaches ISS in Record-Setting Flight After Launch From Florida
SpaceX Crew-13 reached the International Space Station in seven hours and 55 minutes, setting a record for the fastest US launch-to-docking flight.
by Best Owie//4 minute read
Social Security COLA 2027: Latest Forecast Points to 3.5% to 3.6% Increase
The 2027 Social Security COLA is currently projected to be 3.5% to 3.6%. Here's when the official increase will be announced and how much checks could rise.
by Scott Matherson//4 minute read
Chip City Goes Under: Viral Cookie Sensation Shutters All Stores
Chip City Cookies has closed all three Connecticut stores in Darien, Fairfield, and West Hartford as the New York-based chain reduces its footprint.
by Scott Matherson//3 minute read
Nike Stock Falls as Revenue Miss, China Weakness and Job Cuts Hit Turnaround
Nike stock faces pressure after fiscal Q1 revenue fell 4% and missed estimates as the company announced more job cuts and a new restructuring plan.
by Ryan Perrakis//4 minute read
Stock Market Today: S&P 500, Nasdaq Recover as Treasury Yields Retreat and Chip Stocks Rally
US stocks recover as Treasury yields retreat from multiyear highs, while Micron and other semiconductor stocks lift the Nasdaq.
by Ryan Perrakis//3 minute read
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