Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were little changed on Tuesday night as the S&P 500 ended the day’s regular session less than 1% from its all-time high. Futures tied to the broad market index and Nasdaq 100 futures were last trading marginally higher. Dow Jones…
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Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk’s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029. At the same time, Meta said Broadcom’s CEO, Hock Tan, told Meta last week that he has decided…
Notre Dame head coach Marcus Freeman has found himself making the media rounds with the NFL Draft kicking off April 23, as all eyes are on star Fighting Irish running back Jeremiyah Love. Freeman has consistently praised Love, as he projects as one of the top players in the class. Love has frequently been connected…
These days, it pays to have a diversified portfolio that goes beyond a “plain vanilla” 60/40, according to a new Morningstar report . The financial services firm’s portfolio of 11 different asset classes beat an allocation of 60% U.S. stocks and 40% high-quality U.S. bonds by 5 percentage points in 2025. It was the best…
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images BP‘s oil trading desk enjoyed “exceptional” performance during the first quarter, the energy giant said on Tuesday, thanks to a windfall from the surge in oil prices since the start…
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken co-CEO Arjun Sethi said Tuesday that the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC’s previous reporting on the matter. Sethi’s comments were made at the Semafor World Economy conference in Washington, D.C.,…
LAS VEGAS — Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar’s Palace in Las Vegas Tuesday for the annual CinemaCon convention and trade show. But this year…
The Iowa Hawkeyes have been placed on probation for one year, will pay a self-imposed $25,000 fine and vacate four wins in 2023 as part of the resolution to an NCAA infractions case stemming from the recruitment of former quarterback Cade McNamara, the NCAA announced Tuesday. The NCAA found tampering violations occurred in 2022 when…
