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UK to regulate cloud service providers Microsoft, Google and others to protect financial stability

LONDON, July 10 () - Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as ‌critical third-party suppliers to its financial sector, bringing them ‌under direct regulatory oversight. The move is aimed at strengthening the resilience ​of financial firms by reducing the risk of widespread disruption from cyber attacks or technology outages.

Reuters

(Bloomberg) -- In the weeks leading up to SpaceX’s monster IPO, many Wall Street pros feared the deal represented an existential threat for Elon Musk’s other giant, Tesla Inc. But after a month in the stock market, the outcome is far from clear. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Ira

Bloomberg
Electric Vehicles Today - Driving Toward a Trillion-Dollar Future

The global battery electric vehicle market is poised for robust growth driven by advancements in lithium-ion technology that enhance range and efficiency, supporting quicker adoption of cleaner mobility solutions. Key factors include leveraging government incentives and stricter emission standards, as well as expanding infrastructure in emerging markets. The market is projected to reach USD 8.6 trillion by 2033, with a significant contribution from the Asia-Pacific region. Technological...

Simply Wall St.

(Bloomberg) -- The largest builders of artificial intelligence data centers have doubled their debt load in the last five years, turning to borrowing to finance an unprecedented spending spree they claim is needed to transform the economy. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Iran and

Bloomberg
The 20-Year Dividend Strategy Built For Investors Who Don’t Need Income Yet

An investor who bought Microsoft (NASDAQ:MSFT) ten years ago paid closer to $50 per share than $45. Those shares now pay $3.64 per year in dividends, based on Microsoft’s current $0.91 quarterly payout. That is a yield on cost of roughly 7%, even though the stock’s current yield is about 1%. The starting yield helped, ... The 20-Year Dividend Strategy Built For Investors Who Don’t Need Income Yet

24/7 Wall St.
OpenAI and Google Provided AI Services to Pentagon-Listed Chinese Groups via Singapore Units

OpenAI (NASDAQ:OAI) and Alphabet’s (NASDAQ:GOOGL) Google have supplied advanced artificial intelligence services to Singapore-based subsidiaries of Alibaba (NYSE:BABA), Baidu Inc (NASDAQ:BIDU) and Tencent Holdings Ltd (NASDAQ:TME), despite the parent companies appearing on the Pentagon’s blacklist, according to a Financial Times report published on Friday. Shares of Alphabet were little changed in premarket trading, while U.

InvestorsHub
Corning (GLW) Lands Amazon Deal And Nvidia Tie Up For AI Fiber Expansion

Corning (NYSE:GLW) has signed a multi billion dollar agreement with Amazon to expand US production of optical fiber products used in AI data centers. The company is partnering with Nvidia to grow domestic manufacturing capacity for advanced optical solutions that support AI computing. The initiatives are expected to add 1,000 jobs in North Carolina and increase US fiber output tenfold. For investors tracking AI infrastructure, Corning sits at an important intersection between communications...

Simply Wall St.
Take Five: Chips, banks and volatility

July 10 (Reuters) - The results season is kicking off with the world's largest chipmaker and key U.S. banks reporting, while data out of the U.S. and China will give a fresh perspective on the state

Reuters
Can DocuSign’s (DOCU) Iris AI Push It From E-Signature Tool To Core Workflow Platform?

DocuSign recently used its Momentum London conference to unveil new AI-powered capabilities for its Intelligent Agreement Management platform, centred on its Iris AI engine, AI assistant, workflow agents, and AI-Assisted Web Forms, along with deep integrations into tools like Microsoft Copilot, Salesforce, SAP, Slack, and leading legal AI platforms. An interesting angle is how DocuSign’s open Model Context Protocol and Agent Studio could let enterprises build custom AI agents that connect...

Simply Wall St.
FedEx (FDX) Stock Looks Undervalued Even After A 65% Run

FedEx stock has delivered a 64.8% return over the past year, while both an intrinsic value estimate using a Discounted Cash Flow (DCF) approach and earnings multiples currently suggest the shares trade at a discount to what the underlying cash flows imply. Over the last 1 year, FedEx has returned 64.8%. This puts fresh attention on whether the current price still leaves room for further value to be realised. Recent positive sentiment around analyst upgrades and the approval of a new pilot...

Simply Wall St.
Apple Announces $30 billion Multi-year Chip Deal With Broadcom (AVGO)

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Data Center Stocks to Buy in July. On July 8, Apple announced a multi-year chip deal with Broadcom expected to exceed $30 billion, the largest U.S. manufacturing commitment to date, CNBC reported. The agreement covers the production of more than 15 billion U.S.-made chips as well […]

Insider Monkey
Starbucks (SBUX) Is Replacing Microsoft And IBM Software To Cut $400 Million Spend

Starbucks is rolling out new proprietary artificial intelligence platforms to replace key Microsoft and IBM inventory and maintenance systems. The company is tying this technology shift to a wider $2b cost reduction plan, including a targeted cut to its $400m annual software budget. The overhaul is aimed at gaining more control over operations and could influence how other global consumer brands approach enterprise technology. Starbucks, traded as NasdaqGS:SBUX, is layering this AI push on...

Simply Wall St.
Climb Global Solutions Lays Out 2030 Growth Targets, Global M&A Push

Climb Global Solutions (NASDAQ:CLMB) used an investor day presentation at Nasdaq to outline its vendor strategy, technology investments, international expansion plans and longer-term financial targets, with management emphasizing faster growth through both organic initiatives and acquisitions. A co

MarketBeat