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India’s Consumer Price Inflation Rises to 4.38% in June, Exceeding Economists' Forecasts

07/13/2026, 04:36 AM economy forecast finance

India's consumer price inflation increased to 4.38% in June, driven by rising food and fuel prices amid geopolitical tensions and weather-related challenges, surpassing economists' expectations. This uptick signals potential economic pressures that could affect consumer spending and monetary policy.

Meta (META) to Invest Over $50 Billion in Louisiana Data Center Expansion with State Tax Incentives

07/13/2026, 03:36 AM economy announcement ai software Meta Platforms

Meta's Hyperion data center project in Louisiana has significantly expanded, with costs now exceeding $50 billion, reflecting the company's aggressive push into AI infrastructure amid favorable state incentives.

European Defense Startup Helsing Secures $1.8 Billion Funding at $18 Billion Valuation

07/13/2026, 01:36 AM economy fundraising defense ai JPMorgan Chase

Helsing, a European defense startup, has successfully raised $1.8 billion, achieving an $18 billion valuation, highlighting strong investor confidence in AI-driven defense technologies. This funding will enhance Helsing's capabilities in developing advanced military applications, particularly in light of increased European focus on sovereign defense capabilities.

TSMC Reports 68% Surge in June Revenue Driven by AI Chip Demand

07/12/2026, 11:36 PM economy growth semiconductors ai Taiwan Semiconductor Manufacturing Company

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a significant 67.9% increase in June sales, driven by strong demand for AI chips, which positions the company favorably ahead of its upcoming earnings report.

Elon Musk and Sam Altman Engage in Public Feud on X Following Apple’s Lawsuit Against OpenAI

07/12/2026, 09:32 AM economy announcement ai Apple

Elon Musk and Sam Altman's ongoing feud has intensified following a lawsuit filed by Apple against OpenAI, with both billionaires exchanging personal jabs on social media. This rivalry is significant as it highlights the competitive landscape in the AI sector, particularly with both companies preparing for initial public offerings.

Majority of U.S. Workers Support AI Sovereign Wealth Fund Amid Rising Tech Layoffs, Survey Reveals

07/12/2026, 06:32 AM economy research

A recent poll indicates that 69% of U.S. employees support the establishment of an AI sovereign wealth fund to hold tech companies accountable amid rising layoffs, highlighting a growing demand for equitable distribution of AI-generated wealth.

AI Executives Assert Strong Demand for AI Technology Despite Market Volatility

07/11/2026, 10:30 PM economy review ai semiconductors Meta Platforms Nebius Intel

Despite recent volatility in chip stocks, executives in the AI sector assert that demand for AI technology remains robust, indicating ongoing growth potential in the semiconductor market.

Wall Street Faces Volatility from AI Trade and Oil Prices Amid Mixed Semiconductor Performance

07/11/2026, 09:31 AM economy review ai semiconductors Micron Meta Platforms Honeywell Samsung Apple Broadcom

Last week, Wall Street experienced a volatile mix of gains driven by the AI sector and setbacks due to rising oil prices and geopolitical tensions, highlighting the fragility of the current market rally.

Analysts Mike Akins recommends investing in underperforming software and cloud computing stocks for potential gains in the second half of the year

07/11/2026, 08:31 AM economy forecast Analysts: analysts software ai Microsoft Nvidia

Investors are encouraged to consider underperforming sectors, particularly software and cloud computing, as potential high-return opportunities in the latter half of the year, according to ETF Action co-founder Mike Akins.

BrainCo, a Chinese startup, focuses on non-invasive brain-computer interface technology as an alternative to Elon Musk’s Neuralink

07/11/2026, 07:31 AM economy growth ai

China's BrainCo is focusing on non-invasive brain-computer interface (BCI) technology, contrasting with Elon Musk's Neuralink, which uses invasive implants. This shift highlights a growing interest in wearable neural tech that could expand market opportunities and reduce risks associated with surgical procedures.