Google’s $75 Billion AI Investment in 2025
Google’s CEO, Sundar Pichai, recently revealed that the company plans to invest a significant $75 billion in capital expenditures (CapEx) in 2025, with a large portion of this funding aimed at advancing its artificial intelligence (AI) infrastructure. This announcement comes...
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Eurozone Producer Prices See Modest Increase in December 2024
Producer prices in the Eurozone rose by 0.4% in December 2024, following a larger 1.7% jump in November. This marked the third consecutive monthly increase, largely driven by energy prices, which climbed 1.4% compared to 5.6% the previous month. Other...
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Bitcoin Falls Below $97K After Disappointing White House Briefing
Bitcoin (BTC) saw a sharp decline in yesterday’s trading, dropping 4.8% to $96,900 after briefly reaching $101,000. The market had high expectations for White House advisor David Sacks’ press conference, hoping for clarity on Bitcoin’s role in strategic reserves. However,...
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SEC’s New Crypto Task Force: A Game-Changer for Digital Asset?
The cryptocurrency industry is on the brink of a major regulatory shift as the U.S. Securities and Exchange Commission (SEC) launches a special task force to review and update its stance on digital assets. This move signals a significant departure...
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China’s Services Sector Growth Slows in January 2025
The Caixin China General Services PMI fell to 51.0 in January 2025, marking a slowdown from December’s seven-month high of 52.2 and missing market expectations of 52.3. This reading signals the weakest expansion in the services sector since September, reflecting...
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