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Financial News News 11 June 2025 - 9 August 2025

AI Stocks Frenzy: GPT-5 Hype, Record Highs & Billion-Dollar Bets Fuel Aug 8–9 Market Surge

AI Stocks Frenzy: GPT-5 Hype, Record Highs & Billion-Dollar Bets Fuel Aug 8–9 Market Surge

OpenAI launched GPT-5 on Aug. 7, 2025, touting expert-level capabilities and 700 million ChatGPT users. On Aug. 7, 2025, the U.S. Commerce Department began licensing Nvidia to export its H20 AI chips to China, reversing a ban and potentially restoring access to a huge market. AMD shares fell 5.1% and SMCI dropped 18.2% after Q2 data-center results disappointed, with AMD data-center revenue rising 14% to $3.2 billion but under forecasts. Nvidia and Broadcom hit all-time highs and notched record closes as the AI chip rally regained momentum. Meta Platforms raised $29 billion for AI data centers, with about $26 billion
9 August 2025
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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 extraterritorial compliance; by mid-2024 over 1,400 AI algorithms from more than 450 companies were registered. The United States has no single federal AI law as of 2025, relying on existing laws, voluntary guidelines, and the 2023 White House AI Bill
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 $9.30 billion by 2032, a 14.6% CAGR for 2025–2032. Post-pandemic, total maritime satcom revenues fell by over 11% in 2020, then surged 42% in 2021 as demand rebounded and VSAT-equipped vessels rose from 28,350 in 2020 to 39,700 in 2021.
11 June 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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