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Financial News News 11 June 2025 - 12 June 2025

Generative AI Ethics Unveiled: Global Challenges, Case Studies, and the Race for Responsible AI

Generative AI Ethics Unveiled: Global Challenges, Case Studies, and the Race for Responsible AI

The European Union finalized the AI Act in 2024, with full applicability by 2026, classifying AI by risk and requiring high-risk systems to include transparency, human oversight, and clear labeling for AI-generated content including deepfakes. China enacted the Interim Measures for Generative AI Services in August 2023, requiring provider registration, alignment with core socialist values, labeling of AI-generated media, and…
12 June 2025
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High Seas Broadband Boom: Maritime VSAT & L-Band Services Market Set to Soar by 2032

High Seas Broadband Boom: Maritime VSAT & L-Band Services Market Set to Soar by 2032

The global maritime VSAT and L-band services market is forecast to reach about $12.4 billion by 2032, with a roughly 8.5% CAGR from 2024 to 2032. In 2024, VSAT-based connectivity accounted for about 77% of maritime satcom revenue, while L-band MSS accounted for about 23%. The maritime VSAT market is projected to grow from about $3.46 billion in 2024 to…
11 June 2025
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Stock Market Today

  • Wedbush Raises Alphabet (GOOGL) Price Target to $370, Signs of Market Confidence
    February 5, 2026, 9:48 AM EST. Wedbush increased its price target for Alphabet Inc. (NASDAQ: GOOGL) from $360 to $370, reflecting an 11.1% upside potential, while maintaining an "outperform" rating. Other firms like KeyCorp and Wells Fargo also boosted their targets, with KeyCorp at $370 and Wells Fargo at $350. Alphabet's stock opened at $333.04, within a 52-week range of $140.53 to $349.00. The company posted strong Q4 earnings with $2.82 earnings per share, surpassing analyst expectations. Despite insider sales, Alphabet maintains a robust outlook with a market cap exceeding $4 trillion and an average analyst rating of "Buy." These moves indicate growing confidence in the tech giant's financial performance and market position.
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