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ASI Raises USD 325 Million Series C at USD 3 Billion Valuation

ASI, a Boston-based AI startup, said on Tuesday it raised USD 325 million in a funding round valuing the company at USD 3 billion, amid growing investor appetite for AI software used in real-world applications. The Series C round was led by Spark Capital, …

Nitish Kishor | 20 October 2026

DHS Order Bars DeepSeek From Federal Civilian Agency Systems

The Department of Homeland Security on Monday made public an order requiring federal civilian agencies to remove DeepSeek-related technology from their IT systems and barring them from procuring DeepSeek products and services. The ban applies to federal civilian agency IT systems, including third-party products …

Nitish Kishor | 20 October 2026

France Deploys Sentinelle Force as Riots Hit Businesses and Bonds

France is moving part of its domestic military deployment onto the streets as the government prepares for a fresh wave of protests this weekend, officials told lawmakers on Tuesday. Interior Minister Laurent Nuñez told the National Assembly that units from the Sentinelle force, a …

Nitish Kishor | 20 October 2026

Novo Nordisk (NYSE:NVO) Reports 25 Percent CagriSema Weight Loss in Women

Novo Nordisk (NYSE:NVO) said on Tuesday that its next-generation obesity drug CagriSema produced 25 Percent average weight loss among adult women in a new analysis run after a late-stage trial. The Danish company said the hypotheses behind two post-study analyses need further work to …

Nitish Kishor | 20 October 2026

U.K. Sends Typhoon Jets to Defend Saudi Arabia as Houthi Attacks Escalate

The United Kingdom announced defensive military support for Saudi Arabia on Tuesday, including fighter jets, as attacks by the Iran-backed Houthis escalate. Defense Secretary Wes Streeting said Royal Air Force Typhoon jets are to fly defensive air missions to protect Saudi airspace from drones …

Nitish Kishor | 20 October 2026

U.S. Pending Home Sales Hit Record Low as Mortgage Rates Reach 7.40 Percent

Contracts to purchase previously owned U.S. homes fell to a record low in September as rising mortgage rates weighed on demand. The pending home sales index fell 7.3 Percent to 66.0, the lowest level since the series began in 2001, the National Association of …

Nitish Kishor | 20 October 2026

Walmart (NASDAQ:WMT) Launches USD 120 Joint Membership With Sam's Club

Walmart (NASDAQ:WMT) announced on Tuesday a joint membership combining its namesake chain and its Sam's Club subsidiary, as the retailer leans further into convenience and value to win over cash-strapped shoppers. The membership merges Walmart+ and Sam's Club Plus at USD 120 per year, …

Nitish Kishor | 20 October 2026

Why Is AMD (NASDAQ:AMD) Still About 20% Off Its Record?

Advanced Micro Devices (NASDAQ:AMD) designs processors for personal computers, servers and AI data centres, including its Instinct accelerators and EPYC server chips. On Monday, October 19, 2026 the shares traded higher after TD Cowen endorsed the company's position in AI inference, according to StockStory. …

Vinay Lochav | 20 October 2026

Why Is Micron (NASDAQ:MU) Still 28% Below Its June Record?

Micron Technology (NASDAQ:MU) makes DRAM and NAND memory chips, including high-bandwidth memory used in AI accelerators. The shares rose about 3% on Monday, October 19, 2026, yet stood 28% below their June record in a TradingKey analysis, which referenced a support level near USD …

Vinay Lochav | 20 October 2026

How Exposed Is Micron (NASDAQ:MU) to a Strike at 60% of Output?

Micron Technology (NASDAQ:MU) is the largest US maker of memory chips, and Taiwan hosts much of its DRAM production. Its union there plans to launch a strike on Thursday, October 22, 2026 as a dispute over bonuses escalates, according to a Reuters report carried …

Vinay Lochav | 20 October 2026
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