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SoftBank and GRAB Grab Announce $1.85B Investment in Malaysian AI Infrastructure, Targeting 5 GW of Compute Capacity⠀ • SoftBank will invest $1B, Grab $750M and Petros $100M in the joint initiative. • Companies signed a joint development agreement to build AI infrastructure in Malaysia. • Project targets 5 GW of AI compute capacity, with plans to partner with global investors and hyperscale cloud providers.
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Fed's Goolsbee: Big problem has all been on the inflation side. Fed's Goolsbee: We've got to come to terms with inflation failure Fed's Goolsbee said consumer spending has consistently been the main driver of growth.
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TRUMP QUESTIONS ELECTION INTEGRITY, ATTACKS VOTING MACHINES AND VOTE TALLIES IN POST: TRUTH POST TRUMP ALLEGES EARLY VOTING 'DUMPS' MADE WIN IMPOSSIBLE, CRITICIZES PRE-ELECTION POLLS
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📊 ANALYST UPGRADES & DOWNGRADES Wall Street starts the day with 3 upgrades and 1 downgrade, with 75% of rating changes positive. 🟢 Upgrades: $TRIP $AMD $AU 🔴 Downgrade: $BETA 🎯 Key Price Targets: $WULF | Needham — $25 $IREN | H.C. Wainwright — $56 $VST | Scotiabank — $169 $ALB | Scotiabank — $165 $CRBS | Wedbush — $190 Oppenheimer upgraded $AMD to Outperform, while Jefferies downgraded $BETA to Hold. Track analyst ratings, price targets, and market insights at
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$COIN $PNC - PNC Bank Launches Incoming Stablecoin Payments for Corporate and Institutional Banking Clients
Broadcom $AVGO jumps +7% as announces December 9 as the date for its Q4 and full-year 2026 earnings report. AI momentum is adding to the optimism, with Anthropic's multi-year compute lease commitment providing another potential growth driver. Broadcom also announced that its VM API open-source project has been accepted into the Cloud Native Computing Foundation Sandbox.
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$SPCX | Stifel Reiterates SpaceX at Buy with $190 PT on Data Center Expansion and Orbital Compute Potential Stifel stays bullish as GPU financing flexibility, mobile network expansion, and orbital compute opportunities support continued upside despite permitting risks. @ripster47 | @TENETTRADEGROUP | @TenetCharts
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BREAKING: $AMD surges nearly 8.9% after Oppenheimer upgrades the stock to Outperform from Market Perform and raises its price target to $600. The bullish outlook is backed by expectations for 135% data-center revenue growth in 2027, potentially accounting for 85% of total sales. Adding to the momentum, AMD announced that its fifth-generation EPYC processors will power the host infrastructure for $GOOGL's new TPU 8tx systems, further expanding its partnership with Google.
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$NVDA - DEMOCRATS SAID TO PLAN TOUGHER CHIP EXPORT CURBS AFTER NVIDIA SPY SCANDAL - POLITICO