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WATCH: After spending much of the past year treading water, megacap tech giants are finding their stride again. But Nils Rode from Schroders Capital tells Reuters that the risks of a valuation correction are rising — and private markets offer a more resilient strategy
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WATCH: From OpenAI CEO Sam Altman saying we should accept some AI risks due to the technology's benefits to Greta Garbo's AI return, we bring you the latest stories from the AI revolution
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WATCH: Elon Musk's EV company is running a social-media campaign blaming European traffic deaths on red tape. Its safety claims don’t hold up, experts say, but regulators are starting to buckle
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WATCH: A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader euro area. Alun John explains
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WATCH: Money managers are urging clients to revisit bonds for attractive yields. But inflationary pressures may mean investors need to look beyond bonds to diversify, says Mount Lucas' David Aspell
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TSX futures rise as softer oil prices, bond yields lift risk appetite
WATCH: Oil flows from the Gulf reached more than 80% of their pre-war levels in September, globally easing pressure on prices. Naveen Das of Kpler told Reuters high freight rates have encouraged shipowners back to the Gulf, but disruption is far from over
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Anthropic does not believe its products have breached Australian government systems but would be open to Australian laws requiring AI companies to disclose data breaches, company executives told an Australian parliamentary inquiry
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WATCH: From why Sam Altman says it will all be worth it, to an express ride to the International Space Station, we round up the week's top stories in tech
US stocks rose with the Nasdaq hitting a record high as optimism over corporate earnings outweighed concerns about rising Treasury yields
Pharma firms closed biopharma buyouts worth over a hundred billion dollars in the first half of the year, racing to replace top selling medicines worth around $400 billion before patents expire. Leah Bennett of Concurrent explains
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Revolut, valued at $115 billion, has become Europe's most valuable startup, with a customer base rivalling that of JP Morgan. Tommy Reggiori Wilkes explains why the big banks are taking notice
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Gold retains key reserve status despite surging bond yields, central bankers say
Oil prices inched higher in volatile trade after crude exports from the Middle East increased and the G7 nations pledged to boost supplies. Florence Tan has more
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WATCH: The euro sank to a 17-month low after government borrowing costs jumped, especially in France. Laura Cooper of Nuveen told Reuters that markets are reflecting worries that none of the candidates in France's upcoming election are willing to rein in spending
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The war in Iran has fueled blowout profits for the oil majors. Clayton Allison of Prime Capital Financial told Reuters their ability to set prices is likely to stay high for a long time, but that doesn't mean they will be confident in future demand to invest in new drilling
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WestJet flight attendants went on strike after failing to reach a deal with Canada’s second-largest carrier, grounding flights during the summer travel season. Read more:
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Nvidia seeks to partner with Japan's Noetra and Ministry of Economy, Trade and Industry to build the world's first national AI infrastructure for physical AI. READ:
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TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, pledged to invest a further $100 billion in the US state of Arizona and said AI-driven demand will remain strong up to 2030. READ:
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Nvidia CEO Jensen Huang met former Sega CEO Shoichiro Irimajiri and game designer Yu Suzuki in Tokyo to thank them for a $5 million investment in 1995 that saved Nvidia from bankruptcy after the company failed to deliver a chip Sega had ordered
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