GSK Invests £400M in Cambridge Hub

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Source: Dukascopy Bank SA
GSK is investing £400 million in a new Cambridge R&D center while cutting jobs to hit a £1.9 billion cost-saving target by 2029.
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Fri, 31 Jul 2026 12:30:07 GMT

Amazon Raises 2026 Capex to $220B

Amazon has increased its full-year 2026 capital expenditure target to $220 billion, up from its previous estimate of $200 billion. CEO Andy Jassy highlighted rising memory costs and an escalating demand for artificial intelligence infrastructure and data center expansion as the primary drivers behind the spending hike. The elevated capital plan comes alongside strong second-quarter financial results. Total revenue hit $200.61

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Thu, 30 Jul 2026 18:30:04 GMT

Defense Spending Boosts Profits

Rolls-Royce and BAE Systems raised profit forecasts as rising global defense budgets and booming AI demand drive strong financial gains.

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