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Hyundai (HYMTF) is set to announce a $20B investment in U.S. onshoring that includes a $5B steel plant in Louisiana, people familiar with the plans told CNBC’s Seema Mody. The new steel plant will produce next-generation steel that will be used by Hyundai’s two U.S. auto plants to manufacture electric vehicles, the report noted. The investment is expected to be announced Monday at the White House by President Donald Trump, Hyundai Chairman Euisun Chung and Louisiana Gov. Jeff Landry, CNBC added...
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Corporate restructuring seems to be the call of the hour as IBM aims to improve its profitability...
Continue ReadingWe also talk with Joe Cutillo, CEO of Sterling Infrastructure, about tariffs and other timely topics...
Continue ReadingApple has delayed promised AI updates and the launch of the iPhone 17 this year might not change much, according to UBS...
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Apple (AAPL) is likely to avoid a possible fine as the company has made changes to the iPhone's brow...
Continue ReadingAs a Microsoft Digital and App Innovation partner, Cinnova will focus on scaling cloud-native applications using Microsoft Azure...
Continue ReadingHere's a history of Amazon's stock splits as a publicly traded company...
Continue ReadingMonitor Europe's fiscal challenges and rising defense costs, both impacting U.S. Big Tech earnings. Click here to find out why QQQ is a Hold...
Continue ReadingTessell has released its fully managed database-as-a-service (DBaaS) on the Google Cloud Marketplace, marking a significant advancement in cloud-based data management. This development allows businesses to modernize their data infrastructure by supporting various database engines such as Oracle, PostgreSQL, SQL Server, MySQL, MongoDB, and Milvus across major cloud platforms, including Azure, AWS, Google Cloud, and OCI. With its automated maintenance, high availability, and robust security.....
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