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2025-01-21
Stock market today: Wall Street hits records despite tariff talknet zero

Amazon is doubling its investment in Anthropic to $8 billion in a deepened collaboration on artificial intelligence, the companies said Friday. The e-commerce and technology behemoth will remain a minority investor in Anthropic, having pumped an initial $4 billion into the artificial intelligence developer late last year and becoming its primary cloud computing provider. "The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," said Matt Garman, chief of AWS cloud computing division. "We'll keep pushing the boundaries of what customers can achieve with generative AI technologies." Amazon is investing the additional $4 billion in Anthropic as part of an expanded alliance that includes working together on "Trainium" hardware to optimize machine learning, according to the companies. "We're looking forward to working with Amazon to train and power our most advanced AI models using AWS Trainium, and helping to unlock the full potential of their technology," said Anthropic chief executive Dario Amodei. Sign up to get our free daily email of the biggest stories! The announcement came just days after Britain's competition regulator cleared Google-parent Alphabet's investment in Anthropic, following a probe. The Competition and Markets Authority concluded that the big tech giant had not acquired "material influence" over Anthropic as a result of the deal, which was reported to have cost $2 billion. The British regulator is one of several global regulators concerned with reining in big tech companies and their partnerships with AI firms. In September, the CMA cleared Amazon's initial investment in Anthropic, saying it did not believe that "a relevant merger situation has been created." gc/mlmCBN governor said Nigeria’s foreign reserves increased to $40.88 billion as of November 21 He stated that the external reserves rose from $40.06 billion at the end of October to $40.88 billion in November According to him, the amount represents a 2.05% rise, or $82 million, in just 21 days CHECK OUT: Don't let unemployment hold you back. Start your digital marketing journey today. Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market . The Central Bank of Nigeria's (CBN) governor, Olayemi Cardoso, reports that as of November 21, the nation's foreign reserves had increased to $40.88 billion. Cardoso gave remarks at a press conference held on Tuesday following the 298th meeting of the monetary policy committee in Abuja . According to him, the external reserves increased to $40.88 billion in November from $40.06 billion at the end of October. PAY ATTENTION : Standing out in social media world? Easy! "Mastering Storytelling for Social Media" workshop by Legit.ng. Join Us Live! In just 21 days, the sum is equivalent to an increase of $82 million, or 2.05%. Read also Saudi 2025 budget sees lower deficit on spending trims “The external reserves rose marginally to 40.88 billion as of 21 November 2024, from 40.06 billion at the end of October 2024, available to finance 17 months of imports,” he said. Further speaking at the event, The Cable reported that Cardoso said “the process of getting us where we are in terms of reserves has been a long one”. “It is a clear indication that the policies we have put in place are certainly yielding fruits,” he added. “However, and it’s very important to make a distinction here and to reiterate the fact that reserves are there for a multiplicity of different purposes, not least of which is to create buffers in the event of unanticipated shocks. “So they are not there to simply whittle away. They are there to be used to more or less defend yourself where that becomes necessary. “And when we talk about shocks that are not anticipated, I think we can see how the global economies are.” Read also Access Bank replies to VDM’s video over alleged missing N500m from deceased customer's account Cardoso added that the bank will keep stepping up its efforts to stabilise prices and the currency. "Compared to what it was in June, the currency has been stable," the CBN governor said. However, he stated that greater exports and economic diversification are necessary for the value of the nation's currency to remain stable. Cardoso said that actions implemented have led to an increase in diaspora remittances. He praised the diaspora for assisting the nation in remitting more than $600 million. External reserves rise to $40 billion Legit.ng reported that Nigeria’s foreign reserves rose to $40.2 billion in October 2024 , up from $38 billion recorded in September. The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, disclosed this during an investors’ meeting in Washington, DC, on Wednesday, October 23, 2024. At the meeting, Nigeria’s minister of finance, Wale Edun, said the inflows were organic due to the government’s decision not to defend the naira . PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ngAn archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on

Justin Herbert threw three touchdowns as the Los Angeles Chargers booked their place in the NFL playoffs with a blowout 40-7 win at the New England Patriots on Saturday. The Patriots, who suffered a sixth straight loss, were booed off the field by the remaining fans at Gillette Stadium as they fell to 3-13 on the season. But for the Chargers it was a job well done as the confident Herbert ensured a second post-season place in three seasons with another accomplished quarterback display. Herbert completed 28 of 38 passes and threw for 281 yards against a Patriots defense that caused few issues against the passing game. The Chargers took the lead late in the first quarter thanks to a beautiful 23-yard Herbert pass, superbly caught by the diving Derius Davis. After a Cameron Dicker field goal early in the second, Herbert found rookie receiver Ladd McConkey at the back of the end-zone with a pinpoint pass to make it 17-0. Patriots rookie quarterback Drake Maye had been forced out of the game in the first quarter after suffering a hit to the head by Cam Hart when running down the sideline. But Maye, who had been cleared to return for the second quarter, showed he was in good shape with a fine 36-yard touchdown pass to DeMario Douglas to give the Patriots some hope. But the Chargers ran away with the game with Herbert again connecting with McConkey, this time with a 40-yard pass down the middle and a two-yard rush from J.K Dobbins in the fourth completed the rout. Herbert's performance meant he set a new record for the most passing yards in the first five years of an NFL career -- passing Peyton Manning's tally of 20,618 yards. But the quarterback, who has yet to win a playoff game, was quick to give credit for his achievement to his team-mates. "It says so much about the guys we had catching those passes and a great offensive line giving me the time to get the ball off and (the defense) getting me the ball back," he said. "I couldn't have done it without them," he added. The Denver Broncos can clinch a place in the playoffs when they face the Bengals in Cincinnati later on Saturday. sev/nfA North Korean voice Kim Jong-un would love to silence

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Minister of planning confirms Upper Egypt investments to develop the governorates of Upper Egypt in the current year’s planRep. Lori Trahan, D-Mass., said Saturday that she and her family had been targeted by a bomb threat and that local police are working with the U.S. Capitol Police to investigate the incident. “This morning, I was made aware of a bomb threat targeting my family and me. I am grateful to the excellent officers at the Westford Police Department who responded swiftly to make sure we were safe and who are now working with the United States Capitol Police and Massachusetts State Police regarding this incident,” Trahan said in a statement. “It’s a good time to say the obvious: threats of violence and intimidation have no place in our country,” Trahan added. Westford Police Department Capt. Michael Breault said the department was made aware of the threat via email Saturday morning, at which point they responded to Trahan’s home and notified the Capitol Police and the Massachusetts State Police. Breault said the state police's bomb squad did not find a device and cleared the residence for safety. He added that there appears to be no threat to public safety at this time. The Capitol Police and the Massachusetts State Police did not immediately respond to requests for comment. The threat against Trahan comes a week after several members of Congress and some of President-elect Donald Trump’s Cabinet picks were targeted with bomb threats and swatting incidents. At least seven Democratic lawmakers from New England were notified of bomb threats targeting their homes as they prepared to celebrate Thanksgiving last week, though no bombs were ultimately found. Among them was another Massachusetts Democrat, Rep. Seth Moulton. The Capitol Police, charged with protecting members of Congress, said in January the department has investigated more than 8,000 cases involving threats against lawmakers, an increase from 7,500 investigated threats the year before. The final statistics for 2024 have not been released.

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Russian President Vladimir Putin on Saturday apologized to his Azerbaijani counterpart for what he called a “tragic incident” following the crash of an Azerbaijani airliner in Kazakhstan that killed 38 people. The plane was flying on Wednesday from Azerbaijan’s capital of Baku to Grozny, the regional capital of the Russian republic of Chechnya, when it turned toward Kazakhstan and crashed while making an attempt to land. There were 29 survivors. In an official statement Saturday, the Kremlin said air defense systems were firing near Grozny due to a Ukrainian drone strike as the plane attempted to land, but stopped short of saying one of these hit the plane. RELATED STORY | Plane crash in Brazil kills all 61 aboard, airline says According to a Kremlin readout of the call, Putin apologized to Azerbaijani President Ilham Aliyev “for the fact that the tragic incident occurred in Russian airspace.” On Friday, a U.S. official and an Azerbaijani minister made separate statements blaming the crash on an external weapon. Friday’s assessments by Rashan Nabiyev and White House national security spokesman John Kirby echoed those made by outside aviation experts who blamed the crash on Russian air defense systems responding to a Ukrainian attack. Neither Kirby or the Azerbaijani minister directly addressed the statements blaming air defenses. Passengers and crew who survived the crash told Azerbaijani media that they heard loud noises on the aircraft as it was circling over Grozny. RELATED STORY | Dashcam video shows plane trying to land on Colorado interstate before crashing, injuring 2The Tampa Bay Buccaneers will face the Carolina Panthers at Raymond James Stadium on Sunday, Dec. 29 at 1 p.m. ET. Our computer model projects the Buccaneers will win — keep scrolling for a full breakdown regarding the spread, over/under and final score. Looking for NFL tickets? Head to StubHub today and see your team live. The Buccaneers have the 26th-ranked defense this year (354.3 yards allowed per game), and they’ve been more effective offensively, ranking third-best with 389.7 yards per game. The Panthers’ defense has been bottom-five in scoring defense this season, allowing 29.9 points per game, which ranks worst in the NFL. On offense, they rank 25th with 18.9 points per contest. BetMGM is one of the most trusted Sportsbooks in the nation. Start with as little as $1 and place your bets today . Ready to make your pick? Head to BetMGM using our link and start betting today. Watch this game on Paramount+ (Regional restrictions may apply) Rep your favorite NFL players with officially licensed gear. Head to Fanatics to find jerseys, shirts, hats, and much more. Catch every NFL touchdown with NFL RedZone on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .

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