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Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge

Startup Shengshu plans to use the money for a “general world model,” paving the way for more practical robot applications.

Published 10 April 2026
Categorised as Finance News

AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent

The latest revenue projections and updates from Anthropic revived investor fears of an AI day of reckoning coming for software.

Published 10 April 2026
Categorised as Finance News

Inflation gauge held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.

Published 10 April 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more

These are the stocks posting the largest moves in the premarket.

Published 9 April 2026
Categorised as Finance News

Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely.

Published 9 April 2026
Categorised as Finance News

Fed officials still foresee rate cut this year, despite war impacts, minutes show

Policymakers said they would need to remain “nimble” as they weighed the impact the war had on inflation.

Published 9 April 2026
Categorised as Finance News

Markets shift back towards potential Fed rate cut this year with Iran ceasefire in place

Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.

Published 9 April 2026
Categorised as Finance News

Private jets take off to Augusta for the Masters Tournament: Here’s what to know

The Masters is set to tee off in Augusta, Georgia and its one of the biggest events of the year for private aviation. CNBC’s Robert Frank joins ‘Squawk Box’ with more.

Published 8 April 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more

These are the stocks posting the largest moves premarket.

Published 8 April 2026
Categorised as Finance News

A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace

The fragile ceasefire agreement is likely to face significant challenges, analysts told CNBC, citing a significant trust deficit on both sides.

Published 8 April 2026
Categorised as Finance News

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Recent Posts

  • Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
  • AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent
  • Inflation gauge held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
  • Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more
  • Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

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