WASHINGTON DC, UNITED STATES – FEBRUARY 13: Head of the Department of Government Efficiency (D.O.G.E.) and CEO of SpaceX, Tesla, and X Elon Musk meets with Indian Prime Minister Narendra Modi (R) at Blair House in Washington DC, USA on February 13, 2025 Anadolu | Anadolu | Getty Images SpaceX founder Elon Musk on Thursday…
CANADA – 2026/04/08: In this photo illustration, the Firmus Technologies logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Australian AI data center operator Firmus, which is backed by Nvidia, has withdrawn its planned mega initial public offering, citing market…
Attendees at the Token2049 conference in Singapore, on Thursday, Oct. 8, 2026. The crypto conference runs through today. Photographer: Ore Huiying/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tokenization could free up tens of billions of dollars in capital tied up in assets used as collateral across the global financial system, Nasdaq CEO…
Thursday’s sell-off in artificial intelligence stocks served as a reminder of why diversification is essential to staying invested through market volatility, according to CNBC’s Jim Cramer. Tech shares came under pressure after the Financial Times reported that OpenAI’s annualized revenue was about $20 billion below the amount previously signaled. Oracle tumbled 5.5% and Broadcom dropped…
SpaceX announced an agreement on Thursday to purchase a nationwide spectrum portfolio as it pushes its Starlink service deeper into the U.S. telecommunications market. Shares of AT&T, Verizon and T-Mobile tumbled in extended trading. The deal involves the acquisition of a spectrum portfolio from Grain Management, which specializes in digital infrastructure, and is subject to…
Sam Altman, CEO of OpenAI, the developer of ChatGPT, is speaking at the AI company’s developer conference on Sept. 29, 2026. Andrej Sokolow | Picture Alliance | Getty Images Shares of Nvidia, Oracle, CoreWeave and other artificial intelligence names sank lower on Thursday after the market learned more details about OpenAI’s revenue. OpenAI told investors…
The U.S. Department of Labor announced it would suspend Microsoft and Adobe from its Permanent Labor Certification program on Thursday, Labor Secretary Keith Sonderling said, as the Trump administration continues to take aim at immigration and foreign hiring programs ahead of November’s midterm elections. Sonderling said the Labor Department won’t accept or process any new…
President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt two days before he signed a sweeping policy aimed at expanding U.S. commercial space transportation, according to a newly released financial…
1. If and when Federal Reserve Chair Kevin Warsh arrives to a news conference following Federal Open Market Committee meetings at Federal Reserve Headquarters on Sept. 16, 2026 in Washington, DC. Andrew Harnik | Getty Images Federal Reserve officials see another rate hike before the end of the year, according to minutes from their September…
Amazon on Thursday debuted a set of new, pricier Alexa tablets and said it’s ditching its budget-friendly Fire lineup, marking a significant shift in the e-commerce juggernaut’s devices strategy. The company unveiled 8-inch, 11-inch and 12-inch models, which start at $230 and run up to $550. All devices are available for preorder on Thursday and…