Oracle rises 5% after announcing $50 billion fundraising plans. Here’s why
The tech giant has invested huge sums in the AI infrastructure buildout in recent times ...
Economy
Nvidia shares are down after a report that its OpenAI investment stalled. Here’s what’s happening
Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the…
American Express challenges Apple for No. 1 slot in Berkshire’s portfolio
Big Apple sales and gains for American Express have put Amex within a few billion dollars of becoming the most…
Federal judge denies bid to end ICE Operation Metro Surge in Minnesota
The crackdown "has had, and will likely continue to have, profound and even heartbreaking, consequences," U.S. District Judge Menendez said…
Bitcoin dips below $79,000 as market digests silver sell-off, Trump’s Fed chair pick
Bitcoin and Ethereum plunged following wide swings in the commodities market. ...
Silver drops 30%, gold tumbles 10% as Trump Warsh pick eases Fed independence fear, triggers dollar rally
Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens. ...
Partial government shutdown on track for Saturday after Senate vote on funding deal stalled
The deal would address concerns Democrats have had about funding the Department of Homeland Security because of enforcement actions in…
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Trump named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil…
Microsoft stock drops 7% on slowing cloud growth, light margin guidance
Microsoft’s finances look more favorable after OpenAI completed a restructuring. But computing capacity and talent are cutting into Microsoft's margin.…