Azuria Capital CEO Tavi Costa warns that the AI-driven surge in infrastructure needs is causing a resource supply crunch as mining struggles to keep up. This inflationary phase contrasts with the expected future deflationary benefits of AI productivity. Costa highlights critical shortages in metals like copper, zinc, and silver, emphasizing the long lead times to develop new mines. Additionally, he points to rising sovereign debt risks in the U.S. and a shift in central bank reserves favoring gold over Treasuries. Mining companies are responding with mergers and focusing on Latin America despite political risks, as the commodity supercycle is still in its early stages.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Analysts expect Netflix to report $12.6 billion in revenue for Q2 and $51.3 billion for the full year 2026. The operating margin forecast has been revised down from 33% to 32% due to anticipated higher expenses, with an expected operating profit of $...
