Amanda Ross

Markets

Meta weighs AWS veteran as AI compute race intensifies

Dave Brown, a longtime AWS executive, is reportedly in talks to join Meta as the company studies selling computing capacity to out...

By Amanda Ross · 2 months ago

Markets

Apple retakes market value lead from Nvidia as chip shares slip

Apple’s valuation rose above Nvidia’s in Friday trading, with CNBC reporting a $4.88 trillion market value for the iPhone maker.

By Amanda Ross · 2 months ago

Markets

SBI Fund Management IPO draws $30.7 billion in bids in India

India’s largest IPO of 2026 was subscribed 41.6 times, led by institutional demand, as larger listings wait in the pipeline.

By Amanda Ross · 2 months ago

Deals

FM Capital lifts Impel stake in secondary auto AI share purchase

The follow-on deal comes six months after FM Capital first invested, with dealer-backed LPs giving Impel a stronger signal in vert...

By Amanda Ross · 2 months ago

Markets

Memphis AI buildout turns into test case for data center resistance

SpaceXAI’s Colossus sites have drawn lawsuits, policy responses and community opposition as AI infrastructure demand strains local...

By Amanda Ross · 2 months ago

Markets

Xi offers AI training to developing countries at Shanghai summit

China’s president said Beijing would fund 5,000 AI training and seminar places as it seeks a larger role in global technology gove...

By Amanda Ross · 2 months ago

Markets

Deoleo says olive oil market has moved into steadier supply phase

The Bertolli owner says better rainfall and lower prices are helping restore demand after the drought-driven shock of 2022 to 2024...

By Amanda Ross · 2 months ago

Markets

Saab order book reaches record as defence demand lifts second quarter

Saab reported 68.4 billion crowns of new orders in the June quarter, ahead of FactSet estimates, as European defence spending supp...

By Amanda Ross · 2 months ago

Markets

Cramer says chip cycle is defying old boom-bust pattern

CNBC’s Jim Cramer said memory and component stocks are challenging decades of cyclical assumptions as supply remains tight and sha...

By Amanda Ross · 2 months ago

Markets

Gulf pipeline plans expand as Iran threat shifts beyond Hormuz

Goldman Sachs says planned routes could lift bypass capacity above 14 million bpd by end-2028, but analysts warn fixed assets rema...

By Amanda Ross · 2 months ago

Markets

US housing indicators weaken as affordability strains buyers and builders

Pending home sales fell 5.4% in June while builder sentiment slipped in July, as mortgage rates, prices and construction costs wei...

By Amanda Ross · 2 months ago

Deals

Health Wave Partners buys Florida senior living community

Health Wave Partners acquired Alamar Senior Living in Wellington, Florida, with financial terms not disclosed, PE Hub reported.

By Amanda Ross · 2 months ago