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$20B U.S. infrastructure investment on track, DAMAC says

DAMAC, through its digital?infrastructure arm EDGNEX Data Centers, is investing $20 billion to build large?scale data center capacity across the United States. This marks a major diversification from its traditional real estate business into hyperscale, AI?driven digital infrastructure. The chairman told CNBCs Dan Murphy, that investment is on track.

DAVOS/Palantir-Chef: KI wird Einwanderung unnötig machen

DAVOS (dpa-AFX) - Künstliche Intelligenz wird nach Einschätzung des amerikanischen Software-Anbieters Palantir breit angelegte Einwanderung zur Stützung der Wirtschaft und des Arbeitsmarkts westlicher Industrienationen unnötig machen. Es werde mehr ...

DAVOS/Amazon-Chef: Zölle lassen US-Preise allmählich steigen

DAVOS (dpa-AFX) - Die Zollpolitik von US-Präsident Donald Trumps lässt Amazon -Chef Andy Jassy zufolge die Verbraucherpreise in den Vereinigten Staaten allmählich steigen. Der weltgrößte Online-Händler und die auf der Plattform aktiven Händler hätten...

Pure Storage (PSTG) Valuation Check After Meta Tie Up And New Buyback Program

Pure Storage (PSTG) has regained attention following its presentation at the Needham Growth Conference, the disclosure of a relationship with Meta, and the announcement of a new share repurchase program, all accompanied by supportive commentary from JPMorgan.See our latest analysis for Pure Storage.Despite the recent swing in sentiment, the 1-day share price return of a 3.9% decline and the 7-day share price return of a 7.1% decline sit alongside a 1-year total shareholder return that is...

DAVOS: Trump spricht beim WEF - Europäer hoffen auf Treffen

DAVOS (dpa-AFX) - Donald Trump betritt am Mittwoch die große Bühne des Weltwirtschaftsforums (WEF) in Davos. Auf die Rede des US-Präsidenten (14.30 Uhr) blickt angesichts seiner Annexionsideen für Grönland, Zollankündigungen gegen Verbündete und Plän...

Loreal to invest $383 million in Indian tech hub

French cosmetics giant Loreal said on Wednesday it will set up a tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.41 million).

Indian shares eye tentative bounce after sharp slide to 3-month lows

Indias benchmark shares are poised to open higher on Wednesday, after last sessions bruising selloff pushed them to more than three-month lows, while global trade and geopolitical concerns, uneven earnings and sustained foreign outflows weighed.

Major department store chain closes warehouses, 1,000 lose jobs

Popular mall department stores have begun the year with restructuring plans, hoping to shed underperforming store locations and set themselves up for a productive and profitable year. Successful restructuring plans will be essential this year, as many experts are not confident that retailers will ...