Funding & Business
AI Boom Leads to Exploding Valuations
Demand for artificial intelligence has led to soaring valuations for some tech companies, even as US policy uncertainty remains. Stephanie Aliaga, global market strategist from JPMorgan’s Asset Management Market Insights Team, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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Gold has surged to historic highs, fueling a new boom in Western Australia’s goldfields. Giants like Northern Star and Evolution are cashing in on $5,000-an-ounce prices, but investors haven’t forgotten past cycles where miners overspent and underdelivered. This time, companies promise discipline — share buybacks, dividends, and cautious expansion — even as rising costs and global uncertainty put pressure on the industry. (Source: Bloomberg)
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Trump’s efforts to fire Federal Reserve Board Governor Lisa Cook went forward in the courts this week.
Angola faces mounting debt risks as oil revenue drops and external borrowing costs increase, the International Monetary Fund said.
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