Everything is bigger in Texas. That’s also true for data center demand in the Lone Star State, where project developers are rushing to cash in on the artificial intelligence boom. Cheap land and cheap energy are combining to attract a flood of data center developers to the state. The potential demand is so vast that…
Gone are the days of relying on money orders or wire transfers to send money abroad. The digital money revolution has made it easier and faster than ever. Close to 20 million Americans regularly send money overseas, according to a YouGov poll. But they don’t use Venmo or Zelle, which only operate in the U.S….
The Toronto Blue Jays’ 2025 season ended with them coming incredibly close to winning the World Series. While it fell short against the Dodgers last November, as of April, Toronto is still near the top of the oddsboard as a contender to win the American League and win it all. With that, there are a…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
Austin Hays’ single with the bases loaded in the 10th inning gave the Cincinnati Reds a 3-2 victory over Milwaukee on Sunday, ending the Brewers’ franchise-record winning streak at 14 games. Milwaukee had barely pulled out the previous two games in Cincinnati for its longest streak ever within one season and the longest in the…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters At Tesla’s factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this…
Why has the sell-off in software stocks — driven by artificial intelligence disruption fears — been so dramatic and seemingly unending? In this Club Check-in, CNBC’s Paulina Likos and Zev Fima answer that question by diving into an important concept that investors use to evaluate stocks called terminal value. Software profits have not collapsed, and…
SEOUL, South Korea — Ahn Sung-ki, one of South Korean cinema’s most prominent stars whose 60-year career and positive, gentle public image earned him the nickname “The Nation’s Actor,” died on Monday. He was 74. The death of Ahn, who had been fighting blood cancer for years, was announced by the Seoul-based Soonchunhyang University Hospital….
Singapore prosecutors charged one more person with fraud on Thursday for making false representations to U.S. server supplier Dell Technologies, linking her to two other individuals charged with similar offences in February last year. Jenny Lim was charged with conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie in 2024 to commit fraud by misleading Dell that Aperia International would be the end-user of the…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Refinancing a home…
