Oil falls almost $2 as Middle East talks help ease supply worries
By Georgina McCartney HOUSTON, Oct 27 (Reuters) – Oil futures settled down by almost $2 a barrel on…
High inflation to persist globally into next year, Reuters poll shows
BENGALURU, Oct 27 (Reuters) – High inflation will persist in the global economy well into next year, according…
Oracle, in effort to reduce reliance on Nvidia, adds AI chips from Google, Cerebras, and SambaNova
Oracle (ORCL) is diversifying its AI cloud infrastructure, signing deals to bring chips from Google (GOOG, GOOGL), Cerebras…
Healthcare Stocks Become Anti-AI Bet as Investors Turn Defensive
(Bloomberg) — With investor confidence in the artificial intelligence trade under pressure, traders are turning to healthcare stocks…
Gold Steadies Near $4,000 as Traders Prepare for Fed Rate Call
(Bloomberg) — Gold (GC=F) held near $4,000 an ounce as traders prepared for a Federal Reserve decision this…
Elon Musk Says Robots Will Need More Memory Than ‘Everything Else on Earth’ — This Analyst Sees ‘Much Bigger Volume Story’ for Micron, SK Hynix
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk predicted that robots will drive more memory demand than everything else on…
Billionaire predicts ‘unhinged’ future for iPhone Duo
Last week, Apple (Nasdaq: AAPL) released its first foldable smartphone, iPhone Duo. The smartphone’s 7.6-inch inner display, when…
When will Social Security run out of money? What to expect.
Social Security isn’t running out of money. However, its reserves, specifically for the Old-Age and Survivors Insurance (OASI)…
Meta announces plans to raise up to $95 billion for AI build-out
Meta (META) stock slid 2% Monday morning as the company said it plans to raise up to $95…
Musk Says SpaceX Closed $40 Billion Debt Deal, Blasts Neoclouds
(Bloomberg) — Elon Musk said SpaceX (SPCX) has closed a $40 billion debt deal to pay for the…
Jensen Huang Says Nvidia’s Next-Gen Vera Rubin Chips Will Generate $40 Billion in Revenue per Gigawatt, Up From $25 Billion for Grace Blackwell. What That Means for NVDA’s Growth Runway.
Nvidia (NASDAQ: NVDA) has already made an incredible amount of money selling the powerful chips that drive artificial…
From Crypto Roots to AI Selloff: Why CoreWeave Is Under Pressure
CoreWeave (CRWV) shares have fallen more than a third in October as investors balk at roughly $52 billion…