What Happened Blackstone (BX) increased its investment in Anthropic, the company behind the Claude chatbot, taking its stake to about $1 billion. The move included an additional $200 million as part of Anthropic’s ongoing funding round, according to a person familiar with the matter. The funding round
What Happened U.S. electricity consumption is on track to climb to fresh record highs in 2026 and 2027 after setting a second straight record in 2025, based on the latest outlook from the U.S. Energy Information Administration (EIA). The agency projects
Markets Grind Higher as Consumer Spending Cools U.S. stocks edged higher Tuesday as investors digested weaker-than-expected retail sales, reinforcing the view that economic momentum is slowing and increasing expectations for interest-rate cuts later this year. The Dow Jones Industrial Average
Microsoft Looks to Superconductors to Power the AI Build-Out Microsoft is exploring the use of superconducting power lines inside its data centers, a move that could materially improve energy efficiency and help accelerate the company’s rapidly expanding U.S. infrastructure footprint.
Google Clears Major Regulatory Hurdle in Europe Alphabet’s Google secured unconditional approval from European Union antitrust regulators on Tuesday for its $32 billion acquisition of Wiz, removing a major regulatory obstacle for the tech giant’s largest deal to date. The
Stocks Push Higher After Turbulent Week U.S. stocks moved higher on Monday, extending a rebound that began late last week after one of Wall Street’s most volatile stretches of the year. The S&P 500 gained roughly 0.5%, while the Nasdaq
Gold Stabilizes After Violent Reversal Gold prices climbed back above the $5,000-per-ounce level on Monday, as investors cautiously returned to the market following one of the most volatile stretches in precious metals trading in years. Bullion rose as much as
What Happened A report citing an internal OpenAI message says ChatGPT has returned to exceeding 10% monthly growth, according to comments OpenAI CEO Sam Altman shared with employees. The same message said OpenAI is preparing to launch an “updated Chat
America Steps Back as China Pushes Forward The U.S. auto industry’s retreat from electric vehicles is raising growing concern among analysts and executives that American manufacturers may be ceding long-term global competitiveness — just as Chinese automakers accelerate their international
Amazon Hit as AI Capex Anxiety Spreads Amazon shares fell more than 9% on Friday, extending a brutal week for Big Tech as investor concerns around AI spending discipline intensified. The sell-off follows a string of earnings reports in which
What Happened Blackstone (BX) increased its investment in Anthropic, the company behind the Claude chatbot, taking its stake to
What Happened U.S. electricity consumption is on track to climb to fresh record highs in
Markets Grind Higher as Consumer Spending Cools U.S. stocks edged higher Tuesday as investors digested
Microsoft Looks to Superconductors to Power the AI Build-Out Microsoft is exploring the use of
Google Clears Major Regulatory Hurdle in Europe Alphabet’s Google secured unconditional approval from European Union
Stocks Push Higher After Turbulent Week U.S. stocks moved higher on Monday, extending a rebound
Gold Stabilizes After Violent Reversal Gold prices climbed back above the $5,000-per-ounce level on Monday,
What Happened A report citing an internal OpenAI message says ChatGPT has returned to exceeding
America Steps Back as China Pushes Forward The U.S. auto industry’s retreat from electric vehicles
Amazon Hit as AI Capex Anxiety Spreads Amazon shares fell more than 9% on Friday,
