The major technology companies will meet President Donald Trump at the White House next week to sign a pledge that they will supply their own power for artificial intelligence data centers. Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI will sign the agreement at the March 4 meeting, a White House official confirmed to CNBC…
Like the XLF Financials ETF, the iShares U.S. Broker-Dealers and Securities Exchanges ETF (IAI) has come under pressure in recent weeks, falling back to its November low. The obvious challenge now is whether the price can hold and bounce from this key support zone. Tuesday, it did exactly that — a constructive first step, but we are not out of…
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long…
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market…
Dr. Richard Axel at Le Bernardin Prive in New York on July 26, 2017. Craig Barritt | Getty Images Dr. Richard Axel, a Nobel Prize-winning scientist, said he is stepping down as co-director of Columbia University’s Zuckerman Mind Brain Behavior Institute on the heels of his association with notorious sex predator Jeffrey Epstein drawing public…
Pokemon “Pikachu Illustrator” Trainer Promo Hologram Trading Card Source: Ha.Com Social media influencer and wrestler Logan Paul made history last week when he sold a rare Pokémon card for $16.5 million, a world record price for an auctioned trading card. The winner views it as an investment. AJ Scaramucci — son of investor and former…
Advanced Micro Devices has recently transformed from emerging artificial intelligence supplier to validated infrastructure partner with its recent deal with Meta , and the market is only beginning to price in what that means. For the past two years, AMD was viewed as a technically capable challenger in artificial intelligence, but one that remained largely…
My top 10 things to watch Wednesday, Feb. 25 1. Workday shares are down 9% this morning after issuing disappointing guidance last night. We’re seeing the AI disruption threat: fewer seats without more product to bill per seat. A definite slowdown that could be secular because of the power of AI. Cowen and Evercore downgraded…
Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits some of the biggest players against each other to capture businesses and users alike. Reservation incumbents, delivery app newcomers and premium credit card partnerships are all…
Prospective buyers arrive during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Mortgage rates dropped sharply last week, and while that helped to prolong gains in refinancing, homebuyer demand seemed unimpressed. Total mortgage application volume was essentially flat, rising just 0.4%…
