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Amazon achieves water positive status in India amid data centre scrutiny

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment

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WhiteBIT EU secures MiCA license in Austria

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA).  The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a

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Micron earnings to test AI chip demand as investors eye market rally

Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the

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UK markets cautious as political and geopolitical risks mount

UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE

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Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.

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Mukesh Ambani reveals Jio listing plans amid record Reliance earnings

Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking

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What happens to SpaceX stock after lockup period ends?

SpaceX shares have soared following their blockbuster IPO debut, rising as much as 67% above the $135 offer price and pushing the stock to $225 before recent pullbacks. Despite the strong early performance, attention is now shifting toward the company’s staggered lockup schedule, which could introduce significant new supply into a tightly held market. The

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Oil

Commodity wrap: Oil rebounds over 2% amid fragile US-Iran deal; gold steady

Oil prices rebounded more than 2% on Wednesday after US President Donald Trump threatened to bomb Iran, raising doubts about the peace deal.  Meanwhile, gold prices remained in the green as investors waited for the first policy decision of the Federal Reserve’s new Chair, Kevin Warsh.  Among base metals, the three-month copper contract on the

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Oil

What made uniQure stock nearly double on Wednesday?

uniQure (QURE) stock is ripping higher this morning after the biopharmaceutical firm announced a major regulatory breakthrough with the FDA for its Huntington’s disease gene therapy AMT-130. As investors cheered the disclosure, QURE pushed past its key moving averages (MAs) – and its relative strength index (RSI) climbed into the mid-80s, indicating intense buying pressure.

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SpaceX slips after blockbuster IPO rally: is hype catching up with fundamentals?

SpaceX shares fell sharply on Wednesday, cooling some of the enthusiasm that had propelled Elon Musk’s aerospace and technology company to become one of the world’s most valuable firms within days of its stock market debut. The SPCX stock was down 5.5% at $190.80 by late morning trading, trimming gains after a spectacular run that

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