Latest

Anthropic Signs $10B Compute Deal With Nvidia-Backed Volta

Anthropic is locking down more AI capacity Anthropic has signed a $10 billion computing agreement with Volta Infra Holdings, a new cloud infrastructure startup backed by Nvidia, according to Bloomberg. The deal gives Anthropic access to a data center site

JPMorgan Pledges $750B to US Housing Push

JPMorgan is putting a larger number behind housing JPMorgan Chase plans to funnel $750 billion into housing over the next decade, marking a nearly 40% increase from what the bank has directed into the sector over the past 10 years.

Copper Floods Into US Before Trump Tariff Decision

Copper is being pulled into the US at record speed Copper is pouring into the United States as traders wait for a decision on possible tariffs on refined copper imports. About 200,000 metric tons of copper arrived in the US

Robinhood Opens Private Fund for Y Combinator Startups

Robinhood is building another public path into private tech Robinhood Markets has started formal marketing for Robinhood Ventures Fund II, its second publicly traded closed-end fund focused on private companies. The new fund will focus on startups that have participated

Exxon and Chevron Profits Surge as Oil Shock Lifts Majors

Oil majors just showed what higher crude can do ExxonMobil and Chevron reported sharply higher second-quarter profits as the Iran war pushed oil prices higher and tightened global energy markets. Chevron’s net income rose to $12 billion, up nearly 400%

Amazon Soars as AWS Growth Clears AI Spending Test

Amazon gave the market the AI payoff it wanted Amazon stock surged 15% Friday after the company delivered a second-quarter report that showed accelerating cloud growth, strong AI demand and enough operating momentum to quiet concerns about rising infrastructure spending.

Copper Jumps as Tight Supply Lifts Mining Stocks

Copper is trading like a market with little slack Copper climbed Thursday as tightening physical supply and relief from the Federal Reserve’s decision to hold interest rates steady outweighed disappointment over China’s lack of fresh stimulus. The most active Comex

Microsoft’s $41B AI Bet Clears Major Cloud Test

Microsoft finally gave investors an AI payoff signal Microsoft just gave the market something it has been asking Big Tech to prove: heavy AI infrastructure spending can translate into faster cloud growth. The company spent a record $41 billion on

Nike’s China Sales Slide as Local Rivals Gain Ground

Nike missed China’s sports boom Nike should be winning in China right now. Sports participation is rising, health and fitness spending is growing, and China’s sportswear market has expanded sharply over the past five years. But instead of capturing that

Oil Jumps 7% as US-Iran Fighting Escalates Again

Oil snapped back as war risk returned Oil prices jumped Wednesday after the US president said Washington would hit Iran hard in response to an attempted attack on American forces in the Middle East. Brent crude rose 7.2% to $90.12

Subscribe