Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure

The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.

Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally

The investment portfolio of the world's largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.

AI Spending Snuffs Out Tencent's Profit-Growth Run