Inflation Surprise Hits Markets U.S. stocks moved lower Friday after January’s producer price index (PPI) came in hotter than economists expected, complicating the inflation outlook and pressuring rate-cut expectations. The Dow Jones Industrial Average dropped roughly 1.3%, shedding more than
A Media Megadeal Takes a Turn Netflix has officially stepped away from its agreement to acquire Warner Bros. Discovery’s studio and streaming assets after the company’s board determined that a revised offer from Paramount Skydance was superior. Paramount increased its
The AI Capital Arms Race Just Escalated OpenAI has clinched an $840 billion valuation after closing a staggering $110 billion funding round, underscoring that the AI investment cycle is far from cooling off. The round ranks among the largest private
A Major Bet on Domestic Rare Earth Supply MP Materials has chosen Northlake, Texas, as the site of its new $1.25 billion rare earth magnet manufacturing campus, marking one of the largest U.S. investments in critical mineral infrastructure in recent
Strong Quarter. Softer Reaction. Nvidia delivered another eye-catching quarter — but the stock still fell. Shares dropped as much as 5.6%, marking the biggest intraday decline in three months, after investors reacted coolly to the company’s forward guidance. On paper,
Housing Stocks Take a Hit Stocks tied to the U.S. housing market fell sharply Wednesday as investors reacted to cautious outlooks from major retailers and the absence of meaningful housing policy updates from Washington. The S&P Composite Homebuilder Index dropped
A New Ground Rule for the AI Boom The AI build-out just got a new requirement: bring your own power. During the State of the Union address, the administration unveiled a “ratepayer protection pledge” that will require companies building large
Markets Attempt to Stabilize After AI Shock U.S. stocks opened higher Tuesday, attempting to claw back losses from a sharp AI-fueled sell-off earlier in the week. The Dow Jones Industrial Average gained roughly 0.9%, or more than 400 points. The
AI’s Hidden Constraint: Power Alphabet’s Google is doubling down on securing energy for its rapidly expanding data center footprint. The company signed separate agreements with AES Corp and Xcel Energy, locking in long-term power supply as AI-driven demand continues to
The AI Infrastructure Race Just Got Bigger Meta and AMD have entered into a multiyear agreement that underscores just how massive the AI infrastructure build-out has become. Under the deal, Meta will purchase up to 6 gigawatts’ worth of AI
Inflation Surprise Hits Markets U.S. stocks moved lower Friday after January’s producer price index (PPI)
A Media Megadeal Takes a Turn Netflix has officially stepped away from its agreement to
The AI Capital Arms Race Just Escalated OpenAI has clinched an $840 billion valuation after
A Major Bet on Domestic Rare Earth Supply MP Materials has chosen Northlake, Texas, as
Strong Quarter. Softer Reaction. Nvidia delivered another eye-catching quarter — but the stock still fell.
Housing Stocks Take a Hit Stocks tied to the U.S. housing market fell sharply Wednesday
A New Ground Rule for the AI Boom The AI build-out just got a new
Markets Attempt to Stabilize After AI Shock U.S. stocks opened higher Tuesday, attempting to claw
AI’s Hidden Constraint: Power Alphabet’s Google is doubling down on securing energy for its rapidly
The AI Infrastructure Race Just Got Bigger Meta and AMD have entered into a multiyear
