[ad_1] 00:00 Speaker A Our next trading ticker, Microsoft, that stock is moving lower today after a new note from TD Cowen Analyst revealed the tech giant has abandoned data center projects that used two gigawatt watts of electricity in the US and Europe in the last six months due to an over supply relative to its current demand forecast. What's interesting, Julie, about the note is, um, okay, so
[ad_1] The story of this Spring Statement is that welfare has been cut back to make up for a notable rise in the cost of servicing the national debt. There is also a trim to the money being given to government departments.There is relatively little else actually happening in policy terms. There were no tax rises, no changes to Chancellor Rachel Reeves' borrowing rules and as expected, this was definitely
[ad_1] NatWest and Nigel Farage have settled the dispute over the closure of one of his bank accounts.The agreed settlement comes almost two years after the Reform UK leader had his account with Coutts, the prestigious private bank for the wealthy which is owned by NatWest Group, closed.The closure led to a public row between Farage and the bank, which later admitted "serious failings" in its treatment of the politician.
[ad_1] More than 9 million Americans could see “substantial declines” in their FICO scores in the coming months as delinquent student loans begin showing up on credit reports for the first time since the pandemic, according to a new analysis by the Federal Reserve Bank of New York. The report finds that over 15% of all student loan holders are likely now behind on debts, slightly more than before the
[ad_1] HUNTSVILLE, Ala. — While the U.S. Army has exquisite firepower with its expensive long-range precision fire systems, it also wants to amass cheap rockets to target drones or overwhelm an enemy.“If you’re familiar with the rocket pods we have for [guided multiple launch rocket systems], I would like to fill those rocket pods with 50 to 100 rockets,” Gen. James Rainey, Army Futures Command commander, said Tuesday at the
[ad_1] (Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday. The tech giant's withdrawal from new capacity leasing was largely led by the decision not to support additional training workloads from ChatGPT maker OpenAI, the analysts led by Michael
[ad_1] March 26 - Nvidia (NASDAQ:NVDA) shares saw a decline on Wednesday morning, shedding about 4% after the news that China regulators pushed for stricter environmental standards. The country's National Development and Reform Commission (NDRC) wants companies to use chips that meet its new efficiency standards. Nvidia's H20 chip doesn't make the cut. Big names like Alibaba (NYSE:BABA), ByteDance, and Tencent (TCEHY) are advised to steer clear of these chips.
[ad_1] WIRED Senior Writer Kate Knibbs explains how the Trump administration's self-proclaimed "America First" policies are, in practice, anything but—particularly their effective destruction of the United States Agency for International Development (USAID). See why shuttering the operations of USAID will negatively impact the everyday lives of Americans. Director: Lisandro Perez-Rey Director of Photography: Constantine Economides Editor: Matthew Colby Host: Kate Knibbs Line Producer: Joseph Buscemi Associate Producer: Brandon White Production
[ad_1] An increase in UK defence spending is part of a "macho agenda of militarization" Northern Ireland's first minister has said.Michelle O'Neill was speaking after the chancellor used her Spring Statement to confirm an additional £2.2bn for the Ministry of Defence in the next financial year.Rachel Reeves said the additional spending was needed to "secure Britain's future in a world that is changing before our eyes".Deputy First Minister Emma Little-Pengelly
[ad_1] STORY: China's BYD has big ambitions according to their chairman this week. The electric vehicles giant aims to double its sales outside China to more than 800,000 cars this year. It will also try to overcome tariffs by assembling cars locally. BYD sold just over 417,000 units overseas last year. A transcript of his call showed chairman Wang Chuanfu said the automaker expects to see "a substantial rise" in
