In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin ...
After rising for several weeks, mortgage rates have dipped slightly this week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fix ...
The lackluster raises come after JPMorgan Chase posted fourth-quarter results last week that surpassed Wall Street estimates. The bank’s profit rose 50% to $14 billion while revenue climbed 10% to $43 ...
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing ...
The US equity market is the most expensive it has ever been. After two years of blockbuster gains, most counters appear to be ...
Over the past two years, the crypto market’s volatility has caused some investors to suffer notable portfolio losses. But 2025 … Continue reading ...
Elon Musk soured Pres. Donald Trump's $500B AI infrastructure announcement with "good authority" the funds were not secured.
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at ...
Netflix reported better than expected earnings on strong subscriber growth. Meanwhile, Apple is losing market share in China.