Meta Platforms is working on a roughly $13 billion financing package for a data center in El Paso, Texas, led by Morgan Stanley and JPMorgan Chase, Bloomberg News reported on Monday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Mihika Sharma in Bengaluru)
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Amazon just posted what may be its best quarter ever. Revenue beat. Earnings nearly doubled the estimate. AWS hit its fastest growth rate in 15 quarters. And operating margins reached a level the company had never seen before. Wall Street responded quickly. Five major firms raised their Amazon ...
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