OpenAI cemented its role as the central force in AI infrastructure this week, unveiling nearly a trillion dollars in planned…
Tag: Source : CNBC
Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say
TikTok's U.S. business will have 45% of control in the hands of a group of investors that includes Oracle, Silver…
Amazon reaches $2.5 billion settlement with FTC over ‘deceptive’ Prime program
Opening arguments for the trial in Seattle took place on Tuesday and the proceedings were expected to last a month.…
Day trading is about to get easier for smaller retail investors
Regulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity…
New home sales soar 20% in August to a three-year high
Sales of newly built homes jumped far more than expected in August, even though mortgage rates didn't come down until…
Nexstar-owned ABC affiliates won’t show Kimmel’s return Tuesday, joining Sinclair in preempting program
Nexstar Media Group said it would join Sinclair's ABC-affiliate stations in preempting the return of "Jimmy Kimmel Live!" on Tuesday.…
Fed Chief Powell says stock prices appear ‘fairly highly valued’
Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated…
Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
Miran outlined the reasons why he thinks the Fed's benchmark interest rate is far too high and should be lowered…
Trump says Murdochs are potential TikTok deal partners
President Donald Trump also said that Larry Ellison and Michael Dell are also likely to be involved in the TikTok…
Buffett’s Berkshire totally exits its profitable stake in Chinese EV maker bought because of Munger
Berkshire Hathaway has completed exited its extremely profitable equity investment in the Chinese electric vehicle maker BYD. ...
Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
The announcement to impose a $100,000 annual fee on H-1B visas sent shockwaves through corporate America. ...
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate. ...