TheSpuzz Desk

Big Tech has cozied up to nuclear energy

Big Tech has cozied up to nuclear energy

Source: The Verge Tech giants are increasingly eyeing nuclear reactors to power their energy-hungry data centers. Amazon and Microsoft each inked major deals this year with nuclear power plants in the US. And both Microsoft and Google have shown interest in next-generation small modular reactors that are still in development. New AI data centers need…

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FPIs take U-turn in October, offload  ₹27,142 crore in Indian equities: Here’s what triggered the sell-off | Stock Market News

FPIs take U-turn in October, offload ₹27,142 crore in Indian equities: Here’s what triggered the sell-off | Stock Market News

Source: Live Mint Foreign portfolio investors (FPIs) continued their buying streak boosted by the latest supersized 50 basis points (bps) interest rate cut by the US Federal Reserve. FPIs made a remarkable comeback to Indian markets this month, snapping their previous moderation, driven by domestic and global factors. They were consistent buyers in June and…

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Oil soars 10% in five days, logs biggest weekly gain in one year over Israel-Iran war; Brent sits at /bbl | Stock Market News

Oil soars 10% in five days, logs biggest weekly gain in one year over Israel-Iran war; Brent sits at $78/bbl | Stock Market News

Source: Live Mint Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as U.S. President Joe Biden discouraged Israel from targeting Iranian oil facilities. Brent crude futures rose 43 cents, or 0.6%,…

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