Investing.com - The impact on artificial intelligence chips costs from new Chinese tariffs on goods imported from the U.S. is likely to be limited, according to analysts at Bernstein.In a note to clients, the analysts added that such levies on imported processors will "not pose a sizeable impact" to expenses related to AI computing, which rely heavily on these chips to train AI models.AI-opti ...
Investing.com -- Norwegian robotics startup 1X Technologies is placing a bold bet on the future of humanoids in the household, aiming to build fully autonomous bipedal robots for domestic use, according to a Morgan Stanley. 1X, which is still a private player, has raised about $140 million from backers including EQT (ST:EQTAB) Ventures, Tiger Global, and Samsung (KS:005930) NEXT, with Morgan ...
Investing.com -- U.S. retail stocks fell sharply during a broader market sell-off triggered by new tariff announcements, with Citi analysts comparing the downturn against the steep declines seen at the start of the COVID-19 pandemic in 2020.According to Citi’s analysis, stocks have so far witnessed roughly half the level of price decline post-tariff announcements compared to the pandemic market ...
By Gavin JonesROME (Reuters) -Credit ratings agency S&P Global upgraded Italy on Friday in a surprise move just days after Rome halved its economic growth forecast amid global market turmoil and said its huge public debt would rise this year and next. S&P Global raised Italy’s sovereign debt rating to BBB+ from BBB, citing its falling budget deficit, resilient exports and high domestic s ...