NY Times Business
The trade deficit bounced back up last month as spending on data centers to feed the A.I. boom drove up imports.
Bloomberg Markets
Artificial intelligence firm Humain is planning to raise an initial $2.5 billion from global and domestic investors for a fund to invest in data centers in Saudi Arabia, according to people familiar with the matter.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Campbell’s Co. shares slumped after the packaged food and snack maker said sales shrank for a fourth straight quarter, cut its dividend and unveiled a cost-savings plan.
MarketWatch
The acquisition will give Nvidia access to “one of the most important parcels of real estate in the AI market” and promote open-source technology.
Bloomberg Markets
The US trade deficit widened sharply in July to the largest since early 2025, reflecting a surge in imports of computers and other technological equipment.
Yahoo Finance
NY Times Business
Christopher J. Waller, a Federal Reserve governor, sounded optimistic about inflation’s trajectory but indicated he would support higher rates if progress does not continue.