Four tech giants (Amazon, Microsoft, Meta, Google) are investing an unprecedented $650B in AI by 2026, breaking historical records. This massive capital spend is now significantly impacting and potentially propping up the U.S. economy, even exceeding consumer spending.
India's tech industry is booming with AI, ML, and a massive young population. Experts predict significant growth, potentially rivaling Silicon Valley, driven by global ambitions and dual-market value creation.
Powell addressed tariffs, stating the Fed will 'wait and see'. He highlighted the central bank's focus on economic data, inflation risks, and maintaining price stability amid trade policy changes and Trump's criticism.
