Friday, November 22, 2024

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Stock Market

Can U.S. energy industry keep up with AI’s thirst for electricity? Trade group has concerns.

With AI use projected to push consumption higher, former Energy Secretary Dan Brouillette said the energy sector’s struggle to meet demand should be...

Paramount’s parent has reportedly ended merger talks with Skydance. What now?

Shares of Paramount Global slid on Tuesday following a report that merger talks had ended between Shari Redstone’s National Amusements and Skydance Media. Source...

‘Don’t sell a dull market short’ is the advice stock investors need right now

Market’s ‘summer doldrums’ depress trading activity but not necessarily stock prices. Source link

Bill Gross prefers European bonds over Treasurys and says U.S. stock market is valued at historically high levels

Bill Gross said he would not be comfortable taking a broad position in U.S. stocks, and preferred European government bonds over Treasurys, which...

Nvidia, Intel, Qualcomm and other chip giants are helping Microsoft battle Apple for AI’s future

Big Tech is competing to put AI on your laptop. Here’s the front-runner. Source link

OpenAI taps veteran of Nextdoor and Square as new CFO, dismisses IPO speculation

Artificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial officer, as it prepares to work more closely with...

Elon Musk rails against Apple-OpenAI deal, threatens to ban iPhones from his companies

Tesla Chief Executive Elon Musk threatened to ban Apple iPhones from his companies Monday, calling the tech giant’s new deal with OpenAI a...

Christy Goldsmith Romero reportedly the front-runner to lead troubled FDIC

Derivatives regulator Christy Goldsmith Romero is the front-runner to lead the Federal Deposit Insurance Corp. following Chair Martin Gruenberg’s resignation, the Wall Street...

CoreCivic shares fall as feds terminate detention-facility contract

Shares of CoreCivic fell late on Monday after the company confirmed it would take a financial hit from a terminated contract for a...

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