Nebius (NBIS) signed a USD 12bln AI capacity deal with Meta (META); Meta is to spend up to USD 27bln over a five-year period on AI deal with Nebius
Nebius has secured a significant deal with Meta valued at USD 12 billion, part of a total investment of up to USD 27 billion over five years focused on AI capabilities.
Shell (SHEL LN) sees LNG demand to increase between 610-780Mtpa by 2050 from 422 Mtpa in 2025, with demand growth to be driven by Asia
JPMorgan (JPM) Charge-off rate (Feb) 1.66% M/M (prev. 1.65%); delinquencies 0.91% M/M (prev. 0.88%)
Nebius (NBIS) signed a USD 12bln AI capacity deal with Meta (META); Meta is to spend up to USD 27bln over a five-year period on AI deal with Nebius
US Senator Warren and Meeks issue a statement on NVIDIA (NVDA), citing security concerns on H200 China license
Iraq's Oil Minister says the Kirkuk-Turkey pipeline is currently undergoing final checks
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This could enhance both companies' competitive positions in the AI sector, possibly affecting their stock valuations and broader tech sentiment in the market. Traders may want to watch for implications on sector peers and overall market dynamics as this partnership unfolds.
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