AI memory is sold out, causing an unprecedented surge in prices
Three primary memory vendors — Micron, SK Hynix and Samsung Electronics — make up nearly the entire RAM market, and…
Economy
What the Big Oil executives told Trump about investing in Venezuela
The CEOs of Exxon and Conoco are wary of returning to Venezuela. Chevron is ready to quickly ramp up production.…
Watch: Trump meets with oil executives at the White House on Venezuela investment
The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas…
OpenAI and SoftBank announce $1 billion investment in SB Energy as part of massive AI buildout
OpenAI and SoftBank agreed to invest $1 billion into a SoftBank-backed energy provider as the companies prepare for a massive…
Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds
President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to…
Trump’s team races to come up with a Greenland takeover plan — here’s what’s at stake
U.S. Secretary of State Marco Rubio says that he intends to convene with Danish officials next week to discuss Greenland.…
Real estate agents say the housing market is starting to balance out
The latest housing survey shows agents slightly more optimistic about the new year, and shows a previously strong buyer's market…
Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027
U.S. defense stocks rallied in pre-market moves, following their European counterparts. ...
Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity
Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round…