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Bloomberg26d agoneutral
China at Risk of 20% Youth Joblessness as Labor Distress Spreads

(Bloomberg) -- China’s unemployment among young people could be headed for levels last seen more than three years ago, as a record number of graduates prepare to enter the labor market at a time when AI is threatening to displace more entry-level jobs.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troop

BlackRock-backed group commits $5 billion for Aligned Data Centers
Reuters26d agoneutral
BlackRock-backed group commits $5 billion for Aligned Data Centers

A ‌group backed ‌by BlackRock ​and Abu Dhabi-based fund MGX ‌on ⁠Tuesday committed an ⁠additional $5 billion ​in ​growth ​capital to ‌Aligned Data Centers, after acquiring one ‌of ​the ​world's ​biggest ‌data center operators. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Tasim ​ZAhid)

Monster Beverage Earnings Preview: What to Expect
Barchart26d agoneutral
Monster Beverage Earnings Preview: What to Expect

Monster Beverage is set to report its fiscal second-quarter results shortly, with analysts forecasting a double-digit rise in earnings, underscoring expectations of continued profit momentum.

AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO
Benzinga26d agoneutral
AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO

Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report. The technology behemoth touched an intraday all-time high of $334.99 on Friday, July 17, reflecting surging investor optimism in artificial intelligence and pushing the company to its “highest valuation level in company history.” Artificial Intelligence Drives Sentiment Shift Apple’s recent stock surge on

US futures rise as Middle East tensions and AI earnings dominate investor focus: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub26d agoneutral
US futures rise as Middle East tensions and AI earnings dominate investor focus: Dow Jones, S&P, Nasdaq, Wall Street

Markets look ahead to a pivotal week for technology companiesUS equity futures traded higher on Tuesday as investors prepared for a busy earnings calendar led by major technology companies, while continuing to monitor escalating tensions in the Middle East and questions surrounding the sustainability of artificial intelligence investment. By 02:49 ET (06:49 GMT), Dow Jones futures had gained 170 points, or 0.

Tesla cash burn to test investor faith in AI bets
Reuters26d agoneutral
Tesla cash burn to test investor faith in AI bets

Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets ‌will pay off. CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses ‌such as self-driving taxis and humanoid robots. However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and ​manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.

Kraft Heinz Strikes Deal With Disney to Supply Resorts and Tap Characters
The Wall Street Journal26d agoneutral
Kraft Heinz Strikes Deal With Disney to Supply Resorts and Tap Characters

Mickey Mouse, meet Kraft Mac & Cheese. Kraft Heinz and Disney struck a deal that gives the food conglomerate a foothold in one of America’s most enduring entertainment empires. Under the multiyear partnership, Disney will serve Kraft Heinz products at its properties throughout North America, and Kraft Heinz will be able to use Disney’s characters on some goods in stores.

Costco expands pharmacy, prescription services for members
TheStreet26d agoneutral
Costco expands pharmacy, prescription services for members

I've been a Costco member for about 20 years. And when I first signed up, my warehouse trips were pretty predictable. I'd stock up on bulk groceries, grab a few household essentials, and somehow leave with far more snacks than I ever intended to buy. Over time, though, Costco became much more ...

TSMC to raise chipmaking prices by up to 10% in 2027, Nikkei Asia reports
Reuters26d agoneutral
TSMC to raise chipmaking prices by up to 10% in 2027, Nikkei Asia reports

TSMC, the world's largest contract chipmaker, plans to raise chipmaking prices ‌by up to 10% from 2027 ‌to offset rising costs for materials, manufacturing equipment and ​overseas plant construction, Nikkei Asia reported on Tuesday, citing multiple sources. • Negotiations began in June ​and concluded ​in July, with new ​pricing set to ‌take effect at the start of 2027, Nikkei said. • TSMC does not comment on pricing, a company spokesperson said when contacted by Reuters.