Economy
Meta partners with AMD for long-term AI infrastructure deal
Multi-year deal reached to power Meta's AI infrastructure with up to 6GW of AMD Instinct GPUs, with shipments to begin in second half of 2026
Meta partners with AMD for long-term AI infrastructure deal
Multi-year deal reached to power Meta's AI infrastructure with up to 6GW of AMD Instinct GPUs, with shipments to begin in second half of 2026
China's domestic financial imbalances at record highs: Fitch
Fitch says high household savings, sluggish consumption, and recent decline in capital spending have all made domestic financial imbalances in China rise
European stocks end mostly lower following Trump's announcement of new tariffs, EU trade deal suspension
Stoxx 600 down 0.45%, Britain's FTSE falls 0.02%, Germany's DAX slips 1.06%, France's CAC off 0.22%
US factory orders down more than expected in December
Value of new orders for manufactured durable goods down 0.7% to $617.5B
US Gilead Sciences acquires cancer drug developer Arcellx for $7.8B
Data shows biopharmaceutical giant aims to maximize the long-term potential of cell therapy 'anito-cel'
