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Oil Plunges as US-Iran Deal Reopens Hormuz, Gas Relief Slow
Oil prices dropped sharply after the US-Iran interim deal reopened the Strait of Hormuz, but tight gasoline inventories may delay relief at the pump.
SpaceX Shares Dip 4.85% in First Full-Session Decline Since IPO
SpaceX shares fell 4.85% to $191.82 in premarket trading, their first full-session decline since the IPO, as investors assess valuation, index flows, and a short trading week.
Kazakhstan Unveils $10B AI Data Center Plan With Nvidia Partnership
Kazakhstan announced a $10 billion AI data center project with Nvidia and Firebird, starting with a 125-MW site in Ekibastuz and commercial operations expected in 2027.
OpenAI Lands Google's Noam Shazeer in AI Talent Coup
OpenAI has hired Noam Shazeer, Google's Gemini co-lead, as its architecture research lead, marking a significant talent win as AI competition heats up.
The Agency Expands in Central America with New Belize Office in Placencia
The Agency has opened its first Belize office in Placencia, expanding its Central America network. The move aims to capture rising foreign buyer interest, though past fraud cases remain a warning for investors.
ATLAS Infrastructure Partners Trims Edison Stake; Rigetti Overvalued After Funding
ATLAS Infrastructure Partners reduced its Edison International stake by 9.2% in Q4. Rigetti Computing is deemed 26.5% overvalued despite a $100 million funding deal.
Meta Slumps 5.5% as Hawkish Fed, AI Executive Departure Cloud Outlook
Meta shares plunged 5.5% on Wednesday, dragged down by a hawkish Fed signal and the departure of a top AI executive, raising questions about its AI spending.
Nokia Shares Split: Helsinki Gains, US ADR Slips Amid AI Expansion
Nokia Oyj shares in Helsinki edged higher Wednesday after announcing a major US photonics-chip packaging expansion and a Southeast Asia subsea cable upgrade, but its US ADR fell as investors remain cautious.