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Huawei Cloud accelerates AI adoption with partners across Asia Pacific

Huawei Cloud is accelerating AI adoption in the Asia Pacific by signing cooperation MoUs with Silverlake and GlobeOSS, and hosting the 2025 Asia Pacific Partner Conference, which gathered over 500 partners. The company emphasizes building a robust ecosystem to enhance competitiveness and drive growth through strategic partnerships and localized solutions. With significant investments in AI-native cloud services and infrastructure, Huawei Cloud aims to empower enterprises and foster innovation across key industries in the region.

huawei cloud partners with asia pacific firms to drive ai innovation

Huawei Cloud hosted the 2025 Asia Pacific Partner Conference in Thailand, emphasizing collaboration to harness AI's transformative potential across industries. With over 400 partners attending, the event highlighted initiatives like the Partner Sales Acceleration Program 2.0 and the APAC AI Pioneer Plan, aimed at driving innovation and market expansion in the region. Huawei Cloud's commitment to building a robust ecosystem is evident through its extensive local partnerships and strategic investments in AI-native cloud services.

huawei cloud partners with apac firms to enhance ai capabilities and growth

Huawei Cloud hosted the 2025 Asia Pacific Partner Conference in Thailand, uniting over 400 partners to explore AI's transformative potential across industries. The company emphasized its commitment to enhancing AI cloud services, launching initiatives like the Partner Sales Acceleration Program 2.0 and the APAC AI Pioneer Plan to foster innovation and collaboration, while expanding its local presence and infrastructure in the region.

economic outlook shows rising risks for inflation and unemployment across markets

The Fed Chair highlighted increased risks to both unemployment and inflation, with expectations for a 0.3% rise in headline inflation for May. Meanwhile, Australia's job growth fell short of expectations, prompting speculation of a potential rate cut by the RBA. Japan's economy is projected to contract by 0.2% in Q1 2025, driven by a negative trade balance amid rising imports. Consumer sentiment in the US continues to decline, reflecting trade policy uncertainties, although a slight rebound is anticipated for May.

Wolfsberg training center celebrates 50 years of education and dialogue at UBS

Wolfsberg, UBS's historic training center, celebrates its 50th anniversary, evolving into an international dialogue hub. With around 19,000 overnight stays annually, it hosts 450 events for employees and 30 guest events yearly, emphasizing personal exchange amid digital transformation. The center, renowned for its modern facilities and picturesque location, continues to foster knowledge sharing on pressing global issues.

costco wholesale anticipates sales growth driven by increased discretionary spending

Costco Wholesale anticipates sales growth in April driven by increased discretionary spending, according to UBS. The company operates a network of 890 warehouses across various countries, with product sales constituting 98.1% of revenue and subscription sales at 1.9%. The U.S. accounts for 72.4% of total sales, followed by Canada at 13.7%.

costco reports sales growth driven by increased consumer spending in april

Costco Wholesale reported sales growth in April, driven by increased consumer spending, according to UBS. The company operates a network of 890 warehouses across various countries, with 98.1% of net sales coming from product sales and 1.9% from subscriptions. The U.S. accounts for 72.4% of net sales, followed by Canada at 13.7%.

Deutsche Bank raises Johnson Controls price target while maintaining hold rating

Deutsche Bank has raised its price target for Johnson Controls International Plc to $101 from $95 while maintaining a hold rating. The company specializes in equipment for building regulation and safety, with net sales primarily from products (69.6%) and services (30.4%), and a significant presence in North America (63.5%).

Deutsche Bank raises Fortinet price target while maintaining hold rating

Deutsche Bank has raised its price target on Fortinet, Inc. to $93 from $90 while maintaining a hold rating. Fortinet specializes in integrated cybersecurity solutions, with 68% of its net sales coming from services and 32% from products, distributed across various global regions.

deutsche bank raises costco price target while maintaining buy rating

Deutsche Bank has adjusted its price target for Costco Wholesale Corporation to $1,104 from $1,101 while maintaining a Buy rating. Costco specializes in distributing a wide range of products and services at discount prices through a network of 890 warehouse stores across various countries. As of January 9, 2024, the company's net sales are primarily generated from product sales (98.1%), with a smaller portion from subscription sales (1.9%).
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