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Big Tech Gains Over $750 Billion as Democrats’ Election Victory Reshapes AI Investment

Big Tech Gains Over $750 Billion as Democrats’ Election Victory Reshapes AI Investment

America's largest technology companies were on track to gain more than $750 billion in combined market value on Wednesday as investors reacted to the Democrats' sweeping midterm victory.

AMD Predicts 80% Revenue Growth as AI Chip Sales Nearly Double

AMD Predicts 80% Revenue Growth as AI Chip Sales Nearly Double

AMD has forecast revenue growth exceeding 80% in 2027 after reporting record third-quarter sales of $13.4 billion, driven by surging demand for artificial intelligence chips.

China’s Robotics AI Investment Surges Fivefold to $13 Billion

China’s Robotics AI Investment Surges Fivefold to $13 Billion

China's embodied AI sector attracted approximately $13 billion across 322 investment deals in the first half of 2026, a fivefold increase from the previous year, as companies shift their attention from humanoid robot hardware to artificial intelligence.

South Korea Unveils Record $616 Billion Budget With $16 Billion AI Investment Push

South Korea Unveils Record $616 Billion Budget With $16 Billion AI Investment Push

South Korea has proposed a record $616 billion budget for 2027, including nearly $16 billion for artificial intelligence, semiconductors, robotics and AI data centers, as the government seeks to strengthen its position in the global technology race.

Oil Prices Plunge Over 3% as Qatar-Mediated Talks Raise Hopes of Ending Iran War

Oil Prices Plunge Over 3% as Qatar-Mediated Talks Raise Hopes of Ending Iran War

Oil prices dropped more than 3% on Monday, with Brent crude falling below $110 per barrel as Iran and Qatar continued negotiations aimed at ending the US-Israeli war. Renewed diplomatic hopes and a relatively calm weekend helped reverse some of the previous week's gains.

Google Loses Nearly $400 Billion in Market Value as Wall Street Questions the Cost of AI

Google Loses Nearly $400 Billion in Market Value as Wall Street Questions the Cost of AI

Alphabet shares plunged approximately 10% after hours, erasing nearly $400 billion in market value after Google missed Wall Street's earnings expectations and reported $9.1 billion in negative quarterly free cash flow.

IMF Warns AI Could Make Rich Countries Richer and Leave the Rest of the World Behind

IMF Warns AI Could Make Rich Countries Richer and Leave the Rest of the World Behind

The IMF is warning that artificial intelligence could widen the gap between rich and poor countries, with advanced economies potentially capturing more than twice the productivity gains of low-income nations.