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Nvidia in talks to guarantee $250 billion for mega Ohio data center, WSJ reports

Nvidia in talks to guarantee $250 billion for mega Ohio data center, WSJ reports

Nvidia is in talks to provide roughly $250 billion in financing for OpenAI as part of a massive Ohio data center, The Wall Street Journal reported.
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Cadence raises annual forecasts as demand booms for AI chip design

Cadence raises annual forecasts as demand booms for AI chip design

July 27 (Reuters) - Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software. Shares of the company rose more than 5% in extended trading.
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Tesla's once-bullish tone on robotaxis shifts

Tesla's once-bullish tone on robotaxis shifts

By Chris Kirkham and Akash Sriram LOS ANGELES, July 23 (Reuters) - A year ago, Tesla CEO Elon Musk said the company's robotaxi network would expand at a "hyper-exponential rate" and be available to half the population of the U.S. by the end of 2025.
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Michigan reports 9,253 cyclosporiasis cases as infection outbreak expands

Michigan reports 9,253 cyclosporiasis cases as infection outbreak expands

By Siddhi Mahatole July 27 (Reuters) - Michigan health officials reported 9,253 cases of cyclosporiasis on Monday, an increase of 1,077 cases since their last update on Friday, as the intestinal infection outbreak grows.
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Diamondback Energy to Announce Quarterly Earnings Amid Strong Sales Performance

Diamondback Energy to Announce Quarterly Earnings Amid Strong Sales Performance

Diamondback Energy to Announce Quarterly Earnings Amid Strong Sales Performance
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Analysis-Why El Niño's promise of a quieter hurricane season may not guarantee good news for insurers

Analysis-Why El Niño's promise of a quieter hurricane season may not guarantee good news for insurers

By Niket Nishant, Ashitha Shivaprasad and Manya Saini July 27 (Reuters) - For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of population growth along coastal areas and rising property values are forcing them to
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Wall Street ends mixed as investors focus on tech earnings

Wall Street ends mixed as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.
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Union Square Park Capital Management LLC Invests $1.76 Million in Freeport-McMoRan, Boosting Portfolio

Union Square Park Capital Management LLC Invests $1.76 Million in Freeport-McMoRan, Boosting Portfolio

Union Square Park Capital Management LLC Invests $1.76 Million in Freeport-McMoRan, Boosting Portfolio
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CorVel Corporation Schedules Quarterly Earnings Webcast for August 2026

CorVel Corporation Schedules Quarterly Earnings Webcast for August 2026

CorVel Corporation Schedules Quarterly Earnings Webcast for August 2026
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S&P and Nasdaq dip as investors focus on tech earnings

S&P and Nasdaq dip as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street dipped on Monday, as investors worried that stubbornly high oil prices could force the Federal Reserve to raise interest rates, as they also awaited guidance from major technology companies in a busy week for quarterly earnings.
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Nasdaq lags on angst over AI spending ahead of earnings reports

Nasdaq lags on angst over AI spending ahead of earnings reports

By Sinéad Carew and Ragini Mathur July 24 (Reuters) - The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive spending on artificial intelligence ahead of the next batch of megacap earnings reports, while falling oil prices provided Wall Street with some support
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Nasdaq falls on angst over AI spending ahead of earnings reports

Nasdaq falls on angst over AI spending ahead of earnings reports

By Sinéad Carew and Ragini Mathur July 24 (Reuters) - The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive AI spending plans ahead of the next batch of megacap earnings reports, but falling oil prices limited losses even as Middle East hostilities continued.