Meta to Buy $100 Billion of AMD AI Computing Power in Landmark Deal
Meta Commits to 6 GW of AI Computing Capacity Under the agreement, Meta will acquire sufficient quantities of AMD’s latest MI450 series chips to power data centers using up to 6 gigawatts of computing power over the next five years....
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Markets Steady as AI Concerns and New Trump Tariffs Weigh on Sentiment
AI Jitters and Earnings Uncertainty Pressure Risk Appetite Market sentiment is being clouded by growing apprehension over potential disruptions from artificial intelligence technologies. The AI disruption narrative has gained traction as companies across various sectors face possible displacement, leaving investors...
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Market Volatility Deepens as AI Fears, Tariffs and Sector Shifts Weigh on Sentiment
Equities Under Pressure Amid AI Disruption Fears and Tariffs Major stock indexes sold off as concerns mounted over artificial intelligence’s potential impact on a wide range of industries. Technology stocks were particularly affected, with investors focused on the risk of...
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Federal Reserve Proposes Permanent Removal of “Reputation Risk” From Bank Supervision
Fed Proposal Targets Reputation Risk in Supervision The Federal Reserve’s proposal would codify that “reputation risk” should no longer factor into examination programs, embedding into regulation its June 2025 clarification on the issue. Under the proposal, supervisory decisions would be...
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Supreme Court Ruling Forces Trump to Scale Back New Global Tariffs to 10%
Supreme Court Sets Limits on Trump’s Trade Agenda President Donald Trump’s latest round of global tariffs came into force on Monday at a reduced rate of 10%, following a Supreme Court decision that blocked the administration’s effort to implement a...
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