Press Digest: Wall Street Journal - January 27

CoreWeave

27/01/2026 06:05

Jan 27 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Micron Technology MU.O plans to invest about $24 billion in Singapore over the next 10 years as it expands its manufacturing facility to meet surging demand for memory chips amid the artificial-intelligence boom.

- Nvidia NVDA.O is pouring an additional $2 billion into CoreWeave CRWV.O in a vote of confidence in the artificial-intelligence data-center company that uses Nvidia's chips.

- The U.S. Army signed a $5.6 billion, 10-year contract with cloud-software provider Salesforce CRM.N, giving the military access to the company's technology with the goal of speeding up antiquated and outdated practices.

- Nike NKE.N is laying off about 775 workers as it ramps up its use of advanced technology and automation, part of its broad turnaround strategy.

    - The U.S. has proposed an average rate increase of 0.09% in payments to private insurers next year for the Medicare Advantage plans they manage.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))