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Hormuz Deal Boosts Stocks, Eases Inflation Fears
US stock futures surge as Washington-Tehran deal reopens Strait of Hormuz, driving oil prices down and easing inflation fears ahead of the Federal Reserve
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France AI Hub Plan
Macron's plan to make France the AI hub of Europe using nuclear energy to power data centers and investing in AI research and development
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India Deficit Widens; US-Iran Deal Reopens
India's May trade deficit hit $28.21B, exceeding forecasts. A US-Iran deal to reopen the Strait of Hormuz sent Brent crude below $84, benefiting India's
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South Africa Rate Hikes Cut Amid Iran Oil Deal
Traders reduce South African rate hike bets as a US-Iran peace deal sends oil prices plummeting. This eases inflation pressure, impacting SARB policy decisions.
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Europe's Rally: Broader Capital Expenditure
UBS warns Europe's AI-driven equity rally needs broader capital expenditure for sustained growth. Current capex plans are declining, risking market stability
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Iran War Impacts Oil Prices
The war in Iran is causing oil prices to spike, affecting the global economy and reconstruction efforts, with the poor suffering the most from increased costs
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Anthropic's Cowork: AI Agent Transforms
Anthropic's new Cowork AI agent automates desktop tasks, challenging Microsoft Copilot. Developed rapidly, it signals a major shift in AI productivity and
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NousCoder-14B: AI Coding Breakthrough & Data
Nous Research's NousCoder-14B achieves 67.87% accuracy on LiveCodeBench, trained in 4 days. This AI coding model highlights a critical data shortage, impacting
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Pakistan Budget Boosts Economy
Pakistan's new budget aims to boost economy with 18.8 trillion rupees in spending, benefiting sectors like cement and textiles, with potential impact on stock
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Oil Prices Tumble: US Iran Peace Deal Eases
Oil prices fell sharply after a US-Iran peace deal, easing global tensions. This reduces inflation risks for import-dependent South Africa, potentially halting
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