The advance in the producer price index was led by oil and coal products, chemical products and non-ferrous metals.
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The advance in the producer price index was led by oil and coal products, chemical products and non-ferrous metals.
AI sales will make up about 10% of Cisco's projected total revenue of $72.2 billion to $73.4 billion in fiscal 2027, according to a company statement issued Wednesday.
The Organisation of Petroleum Exporting Countries (OPEC) cut its world oil demand growth forecast for 2026 to 580,000 barrels per day.
24K gold stood at Rs 1,55,100 per 10 grams on Aug. 13, up over 4% in a week
Asian markets rallied, while the US stock market ended mostly higher overnight, after mild inflation data eased fears of an interest rate hike by the US Federal Reserve.
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Asian markets were largely positive. South Korea's Kospi jumped 3.13%, Japan's Nikkei 225 gained 1.5%, while Australia's S&P/ASX 200 declined 0.6%.
Asian equities advanced after technology stocks gained and softer US inflation reduced concerns over an immediate Federal Reserve rate hike, while oil prices eased after a six-session run.
McIntire has served as an independent director at the AI power firm since September, and took over as CEO Tuesday, the company said in a statement Wednesday.