By Kenrick CaiLas Vegas (Reuters) -Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure investors that its AI plans were yielding good returns.Investors are fretting about the massive capital costs of AI projects, especially as uncertainty surrounding U.S. President Donald ...
Investing.com-- Chinese companies selling products on Amazon (NASDAQ:AMZN) are considering price hikes or exiting the U.S. market entirely as President Donald Trump’s latest tariff hike delivered an "unprecedented blow," Reuters reported on Thursday citing the head of China’s largest e-commerce association.Trump announced on Wednesday that tariffs on Chinese imports would rise to 125%, up ...
By Joe Cash, Andrea Shalal and Sudip Kar-GuptaBEIJING/WASHINGTON/BRUSSELS (Reuters) - U.S. President Donald Trump’s sudden decision to pause most of the hefty duties he had just imposed on dozens of countries brought relief to battered global markets and anxious European leaders, even as he ratcheted up a trade war with China. Trump’s turnabout, which came less than 24 hours after steep new ta ...
Investing.com-- U.S. stock index futures remained sharply lower Thursday after the release of relatively benign inflation data, as investors continued to fret about the escalation in the Sino-U.S. trade war.At 04:50 ET (08:50 GMT), Dow Jones Futures dropped 600 points, or 1.5%, S&P 500 Futures fell 113 points, or 2.1%, and Nasdaq 100 Futures declined 490 points, or 2.6%.March CPI wea ...