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FTEK News25 articles
Zoho Founder Warns of Big Tech Sovereignty as Alphabet's $32B Bond Sale Fuels Debate
Zoho co-founder Sridhar Vembu reignited warnings about Big Tech's sovereign-like power following Alphabet's massive $31.5 billion bond issuance, drawing parallels to historical colonial trading companies.
Alphabet's $31.5B Bond Sale Fuels AI Spending Debate Ahead of Market Return
Alphabet Inc. has finalized a $31.51 billion multi-currency bond sale, with some notes maturing in 2126, to fund its aggressive AI infrastructure expansion. Shares of GOOG closed at $306.02, down 1.1%, ahead of Tuesday's market reopening.
Gold Reclaims $5,000 as Soft Inflation Data Fuels Rate Cut Bets
Gold prices rebounded sharply above $5,000 an ounce following softer-than-expected U.S. inflation data, which increased market expectations for Federal Reserve interest rate cuts later this year.
Bitcoin Holds Near $70K as Inflation Data Fuels Rate Cut Bets
Bitcoin edged higher to $69,661, maintaining proximity to the $70,000 level following encouraging inflation figures. Market focus shifts to upcoming Fed minutes and economic data.
Akamai Shares Stabilize After Sharp Rally Fueled by Sector Optimism
Akamai shares consolidated in premarket trading after a 10.35% jump, as the market digests Fastly's upbeat results and looks ahead to Akamai's own quarterly report.
Amazon's 5.3% Stake in BETA Technologies Fuels Pre-Market Scrutiny
BETA Technologies shares held steady in premarket trading Thursday after a 15.6% surge Wednesday, driven by an SEC filing revealing Amazon's 5.3% ownership stake. Some investors questioned whether the disclosure contained new information.
ANZ Soars on Strong Q1 Profit, Cost Discipline Fuels Market Rally
ANZ shares surged 6.7% after reporting a $1.94 billion quarterly cash profit, driven by an 8% drop in expenses. The results helped lift the broader ASX 200 index.
Airline Stocks Sink as Fuel Costs Climb Despite New Partnership Launch
United Airlines shares fell over 3% as rising oil prices pressured the sector, overshadowing the rollout of its cross-booking partnership with JetBlue.
Distillate Drawdown Fuels Heating Oil Rally Amid Crude Inventory Surge
Heating oil futures surged 2.6% as EIA data revealed a sharp 2.7 million barrel decline in distillate stocks, tightening diesel supplies despite a large crude inventory build.
Mastercard Shares Recover as Weak Retail Data Fuels Rate Cut Hopes
Mastercard stock rose 1.4% Tuesday, rebounding from a 2.44% drop, as flat December retail sales boosted bets on Federal Reserve easing. The company also announced a new partnership in Egypt.
Broadcom Gains in Extended Trading as AI Investment Momentum Fuels Chip Sector
Broadcom shares advanced over 3% after hours, riding a broader rally in semiconductor stocks as investor focus returns to AI infrastructure spending. The company is scheduled to report quarterly earnings on March 4.
Alphabet Plans $15 Billion Bond Offering to Fuel AI Infrastructure Expansion
Alphabet's shares edged higher in after-hours trading following reports the tech giant is preparing a $15 billion investment-grade bond sale to fund its aggressive AI infrastructure buildout.
Silver rallies past $81 as dollar weakness fuels rebound; key U.S. data ahead
Silver prices surged above $81 per ounce Monday, driven by a softer U.S. dollar and speculative activity, with traders eyeing upcoming inflation and jobs reports.
Alphabet Considers $15 Billion Bond Offering to Fuel AI Expansion
Alphabet's shares declined slightly as reports emerged of a potential $15 billion bond sale to fund AI infrastructure. Investors are also monitoring upcoming U.S. economic data and a key legal trial.
Corning Gains in Premarket Following Record High, Fueled by Meta Data Center Partnership
Corning shares advanced 1.8% in premarket trading after reaching an all-time closing high Friday, driven by a multi-billion dollar optical fiber supply agreement with Meta Platforms.
GE Vernova Surges 5.6% as Energy Infrastructure Demand Fuels Rally
GE Vernova shares climbed to $779.35 amid a broader market rally, buoyed by new wind orders and a strategic alliance. Analysts highlight the early-stage energy infrastructure cycle but note wind segment risks.
MUFG Shares Surge as Japan Election Outcome Fuels Bond Yield and Yen Speculation
Mitsubishi UFJ Financial Group's stock rose sharply following Prime Minister Sanae Takaichi's election victory, reigniting market bets on higher bond yields and a weaker yen. Traders are closely monitoring Bank of Japan signals and bank bond portfolio risks.
Data Center Stocks Surge as AI Infrastructure Demand Fuels Rally
Data center equities posted sharp gains Friday, led by Vertiv's 10% jump, as investors rotated into AI infrastructure plays ahead of key earnings and economic data.
Ucore Rare Metals Surges 15% as Critical Minerals Policy Fuels Sector Rally
Ucore Rare Metals shares jumped nearly 15% on Friday, leading a broader rally in rare earth stocks amid renewed focus on North American critical minerals policy and supply chain security.
Dow Jones Tops 50,000 Milestone as AI Rally Fuels Record Close
The Dow Jones Industrial Average closed above 50,000 for the first time on Friday, driven by a rebound in chip stocks. Key inflation and jobs data releases have been postponed to next week.
Exxon Mobil Tests $149 as Geopolitical Tensions Fuel Energy Sector Rally
Exxon Mobil shares climbed 2% to $149.05 amid rising oil prices driven by U.S.-Iran tensions, with investors eyeing the upcoming dividend record date.
American Airlines Soars Amid Market Rally, Faces Headwinds from Labor Talks and Fuel Costs
American Airlines shares surged 7.6% on Friday as airline stocks rallied with the Dow crossing 50,000. The carrier faces key tests from pilot negotiations, rising oil prices, and a $200 million storm impact.
Astera Labs Soars 19% Ahead of Q4 Earnings, Fueled by AI Optimism
Astera Labs shares surged nearly 19% to close near $170 on Friday, buoyed by positive AI spending forecasts and a strong semiconductor sector rally. The company reports Q4 results after the market closes on Tuesday.
SK hynix Dips as KOSPI Rally Halts; AI Demand Fuels Memory Pricing Pressure
SK hynix shares fell 0.36% to 839,000 won, mirroring a 1.4% drop in the KOSPI which ended a six-week winning streak. Investors are monitoring AI-driven memory demand and potential price increases flagged by Apple.
Geopolitical Tensions Fuel Energy Sector Gains as Oil Prices Rebound
U.S. energy stocks advanced as oil prices recovered amid Middle East tensions and supply concerns, with key producers adjusting strategies.