Global markets and technology companies see significant shifts as AI infrastructure investments soar and U.S. inflation shows signs of cooling.

Nvidia is reportedly partnering with major U.S. investment firms, including Blackstone and BlackRock, to secure $500 billion in funding for artificial intelligence infrastructure projects.

Tencent Holdings reported a 176% increase in capital expenditure during the second quarter, largely driven by an aggressive push into AI computing power and model development.

Alibaba Group has launched a $30 annual subscription for its AI-powered office assistant, testing the willingness of consumers and enterprises to pay for integrated generative AI tools.

U.S. consumer price inflation slowed to 3.4% in July, while prescription drug prices saw their largest annual decline since 1963, dropping by 3.1%.

Reddit has been selected for inclusion in the S&P 500 index, triggering an after-hours rally in the social media company's stock price.

The U.S. Treasury has ended ownership reporting rules for domestic companies, a policy change intended to reduce the financial and administrative burden on American businesses.

Investors have filed a lawsuit against Selena Gomez, alleging fraud in connection with the financial and operational management of her mental health startup.

Former Disney CEO Bob Iger and venture capitalist Josh Kushner are leading an acquisition of the Los Angeles Lakers in a deal valued at $12.5 billion.

Page Industries, the Indian licensee for Jockey International, reported a decline in quarterly profits as the company faced rising expenses linked to increased raw material costs.