Summary: BlackRock listed distributions per share for multiple funds with estimated sources of the distributions, including net income, net realized short-term gains, net realized long-term gains, and return of capital. The distributions are subject to change based on the discretion of each fund's Board of Directors/Trustees.
Full articleSummary: Banks like JPMorgan Chase, Wells Fargo, Citigroup, and HSBC are testing quantum computing's abilities to gain a competitive advantage in the future.
Full articleSummary: AMD Instinct MI300X accelerators with ROCm open software have been chosen by Oracle Cloud Infrastructure to power its newest OCI Compute Supercluster instance, named BM.GPU.MI300X.8, enabling AI models with hundreds of billions of parameters.
Full articleSummary: Numerator's Retailer, Restaurant & Brand Snapshots provide updated insights for various U.S. retailers and restaurants including McDonald's, Starbucks, Chipotle, Dunkin', and Subway.
Full articleSummary: Alphabet's Google to invest US$1 billion in Thailand to build a data centre and cloud region, creating 14,000 jobs annually until 2029.
Full articleSummary: Google announces $1 billion investment in building a data centre and cloud region in Thailand, creating thousands of jobs annually until 2029.
Full articleSummary: Google announces $1 billion investment in Thailand for building a data center and cloud region to meet the growing cloud demand and support AI adoption in Southeast Asia, creating 14,000 jobs annually until 2029.
Full articleSummary: The sale of a stake in the Starbucks franchise operated by Kuwait's AlShaya Group in the Middle East, North Africa, and central Asia is on hold due to ongoing boycotts and geopolitical unrest in the region, hindering bidder valuations. AlShaya is not in a rush to sell and talks could potentially restart next year if conditions improve.
Full articleSummary: Sale of a stake in the Starbucks franchise in the Middle East, North Africa, and central Asia operated by AlShaya Group is on hold due to ongoing boycotts and geopolitical unrest in the region, hindering bidders' ability to value the business.
Full articleSummary: Financial leaders emphasize the importance of mobilizing private capital for AI infrastructure investments, citing it as a multi-trillion-dollar long-term opportunity that will boost economic growth and drive innovation.
Full articleSummary: Microsoft and BlackRock announced a joint venture, the Global AI Infrastructure Investment Partnership, with an initial investment of over $30 billion to support the development of AI infrastructure.
Full articleSummary: Meta and Spotify criticize the European Union for inconsistent data privacy and AI decision-making, calling for harmonized regulations. Meta halted data harvesting for AI training in Europe due to regulatory pressure. Tech companies are delaying product releases in Europe due to uncertainties in regulations and potential fines under GDPR.
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