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Amazon Web Services Plans Additional $5 Billion AI Investment in South Korea
WSJ· 2025-10-29 04:31
Core Insights - Amazon's cloud-computing division is set to invest an additional $5 billion in South Korea over the next six years to establish new artificial intelligence data centers in the country [1] Investment Plans - The investment will focus on building new AI data centers, indicating a strategic push into the South Korean market [1] - This move reflects Amazon's commitment to expanding its cloud infrastructure and capabilities in the rapidly growing AI sector [1]
Washington's Oil Dilemma Returns: How to Hurt Moscow Without Raising Gas Prices
WSJ· 2025-10-29 03:00
Core Viewpoint - Enforcing strict measures against one of the world's leading oil producers may lead to a significant supply shock in the global oil market [1] Group 1 - The potential for supply disruptions is heightened due to the geopolitical tensions surrounding major oil-producing nations [1] - The impact of these measures could result in increased oil prices, affecting both consumers and industries reliant on oil [1] - Analysts are concerned that such actions could destabilize the already volatile oil market, leading to broader economic implications [1]
Australian Inflation Surge Scuttles Rate Cut Hopes
WSJ· 2025-10-29 01:19
Core Insights - Inflation has risen above the Reserve Bank of Australia's target band, reducing the likelihood of an interest rate cut in November [1] Economic Impact - The current inflation levels indicate a tightening monetary policy environment, which may affect borrowing costs and consumer spending [1]
SK Hynix Posts Record Earnings on Robust AI Chip Demand
WSJ· 2025-10-28 23:37
Core Insights - The South Korean memory-chip maker reported a strong third-quarter performance driven by increased shipments of high-end HBM3E products and rising prices for DRAM chips [1] Company Performance - The company attributed its stellar performance in the third quarter to brisk shipments of higher-end HBM3E products [1] - Higher prices for DRAM chips also contributed to the improved financial results [1]
Automaker Production Stoppages Begin Over Semiconductor Shortage
WSJ· 2025-10-28 22:55
Honda begins temporary production reductions and stoppages this week at North American factories. ...
Paramount Signs Lease at New Jersey Studio Complex
WSJ· 2025-10-28 22:53
The company has agreed to use 285,000 square feet at 1888 Studios in Bayonne, N.J. ...
Wal-Mart de Mexico Net Profit Falls in Third Quarter
WSJ· 2025-10-28 22:21
The retailer posted lower net profit in the third quarter on a one-off item, while sales and operating profit rose from a year earlier. ...
Opinion | The Bad Teamsters Bargain With UPS
WSJ· 2025-10-28 21:53
Sean O'Brien's rich 2023 contract is a loser for laid-off workers. ...
Teradyne Sees Big Fourth-Quarter Revenue Jump on AI-Related Demand
WSJ· 2025-10-28 21:43
The company expects fourth-quarter revenue to jump 27%, a big pickup from the third-quarter as AI-related test demand boost sales across its business. ...
Caesars Entertainment Third-Quarter Loss Widens as Las Vegas Revenue Declines
WSJ· 2025-10-28 21:05
The casino operator posted a loss of $55 million in the quarter, compared with a loss of $9 million a year earlier. ...