Google Deepens Anthropic Bet With Up To $40 Billion Investment

US Lays Groundwork For Approving Offshore Nuclear Power Projects Authored by Melanie Sun via The Epoch Times, The U.S. federal government has outlined a preliminary framework to oversee the approval of offshore nuclear power projects, advancing President Donald Trump's agenda to safely unleash domestic energy production and reestablish the United States as the global leader in nuclear energy. Birds fly along the Pacific Ocean near the dry fuel storage of canisters containing spent nuclear fuel at the San Onofre Nuclear Generating Station (SONGS) along the Pacific Ocean south of San Clemente in...

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss. Nondurable manufacturing output rose 0.2 percent, with...

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all...