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AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction
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AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]
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AI Investments Fuel U.S. Growth While Small Businesses Struggle to Survive
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AI Investments Fuel U.S. Growth While Small Businesses Struggle to Survive

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For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the booming world of artificial intelligence feels far removed from his daily challenges. While tech giants like Nvidia, Alphabet, and Broadcom continue to drive Wall Street to record highs and lift the nation’s GDP, many small and midsize businesses are fighting just to stay afloat. […]
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Bank of America Predicts Gold Could Soar to $5,000 an Ounce by 2026 Amid Global Uncertainty
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Bank of America Predicts Gold Could Soar to $5,000 an Ounce by 2026 Amid Global Uncertainty

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Bank of America Global Research has sharply revised its gold outlook, forecasting the precious metal could climb to $5,000 per ounce by 2026, with an average of around $4,400 per ounce. The new projection marks one of the bank’s most bullish calls yet, driven by mounting demand for gold as a safe-haven and portfolio stabilizer. […]
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Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip
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Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip

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Oracle Cloud Infrastructure announced plans on Tuesday to deploy 50,000 Advanced Micro Devices (AMD) graphics processors starting in the second half of 2026, signaling a major shift in the cloud AI race. Following the news, AMD shares rose about 2%, while Oracle fell 4% and Nvidia slipped more than 3%, reflecting investor reactions to growing […]
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Xiaomi Stock Plunges After Deadly EV Crash Raises Safety Concerns Over SU7 Sedan
Technology

Xiaomi Stock Plunges After Deadly EV Crash Raises Safety Concerns Over SU7 Sedan

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Xiaomi shares fell more than 5% on Monday, their steepest decline since April, after reports emerged of a fatal crash involving the company’s SU7 electric vehicle in Chengdu, China. The incident, which killed a 31-year-old male driver suspected of drunk driving, sparked a wave of safety concerns after video footage showed bystanders unsuccessfully trying to […]
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Meta Shuts Down Facebook Group Accused of Targeting ICE Agents After DOJ Pressure
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Meta Shuts Down Facebook Group Accused of Targeting ICE Agents After DOJ Pressure

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Meta has taken down a Facebook group in Chicago that was allegedly being used to dox and target U.S. Immigration and Customs Enforcement (ICE) agents, following outreach from the Department of Justice (DOJ). Attorney General Pam Bondi announced the takedown on X, emphasizing that the DOJ will “continue engaging with tech companies to remove platforms […]
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Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.
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Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.

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Google will pour $15 billion into developing a massive artificial intelligence and data center hub in southern India, marking the company’s largest such investment outside the United States, according to Google Cloud CEO Thomas Kurian. The mega-project, set to unfold over the next five years, underscores India’s growing importance in the global cloud and AI […]
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Oura Hits $11 Billion Valuation After $900M Funding Boost to Redefine Wearable Health Tech
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Oura Hits $11 Billion Valuation After $900M Funding Boost to Redefine Wearable Health Tech

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Oura announced Tuesday that it has secured over $900 million in a Series E funding round, pushing the Finnish wearable tech company’s valuation to an impressive $11 billion. The round was led by Fidelity Management & Research Company, with new investor ICONIQ joining alongside existing backers Whale Rock and Atreides. “With this funding, we’re accelerating […]
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Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves
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Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]
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Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains
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Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]
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