President Donald Trump rebranded the Pentagon as the "Department of War" on Friday, echoing Palantir CEO Alex Karp's earlier call for a more offensive U.S. military strategy as AI becomes central to global power competition.
Nvidia warned that a new U.S. bill could hurt its global edge by restricting AI chip exports, while growing pressure pushes tech firms like OpenAI to seek alternatives.
Sen. Elizabeth Warren accused President Donald Trump of lying about lowering costs while his tariffs raise prices and his family's WLFI crypto venture reportedly boosted their wealth by $5 billion.
Outperforming the broader indexes and these AI chip peers, Broadcom stock is now up more than +40% in 2025, and investors may be wondering if they should buy into the post-earnings spike in AVGO.
Cathie Wood said artificial intelligence and other breakthrough technologies will spark a massive productivity boom that could push U.S. inflation to zero while reshaping economic growth.
The expectation is for Q3 earnings to increase by +5.1% from the same period last year on +6% higher revenues. This would follow earnings growth rates of +12.4% and +12.3% in 2025 Q2 and Q1, respectively.
Anthropic, backed by Amazon and Google, agreed to a $1.5B settlement with authors over using pirated books to train its AI, marking a historic first in the AI copyright battle.
AMD stock dropped sharply after Seaport Research downgraded shares to Neutral, citing slower AI accelerator adoption, supply chain issues, and competitive pressures.
U.S. Treasury Secretary Scott Bessent called for sweeping reforms at the Federal Reserve, accusing it of fueling inflation and inequality, as President Donald Trump weighs potential successors to Fed Chair Jerome Powell.
If you think that’s Kevin Hassett opining, you’d be wrong. It’s actually CEA Chair Ed Lazear on May 8, 2008. NBER retrospectively determined that the business cycle peak was December 2007, so that a recession was underway for 4 months by that time.
Romania’s second quarter release confirms the economy is in quasi-stagnation. Public investments, mainly from EU funds, remain the main hope for a growth revival. We keep our 2025 growth forecast at 0.3% and revise 2026 to 1.4% from 1.7%
HSI's record-breaking raid at a Hyundai-LG battery plant in Georgia detains 475 workers, straining US-South Korea ties and raising compliance concerns in the EV sector.
Berkshire Hathaway’s portfolio is filled with quality stocks, many of which pay dividends to shareholders. Some have even paid rising dividends each year, for decades on end.
Broadcom, Inc., a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand.
(BPT) - As home prices continue to rise, many homeowners are choosing to stay and put their time and money into renovating their existing homes. According to a survey by This Old House, 48% of homeowners have renovation plans for 2025. Of those planning to renovate, two groups stand out: millennials and baby boomers.
The EU ordered Google to end these behaviors within two months or risk a potential breakup. This marks one of the largest EU fines against a company, following the €4.12 billion Android fine in 2018.
The gold miners’ stocks just surged within spitting distance of new record highs. Achieving them will be a momentous technical and sentimental milestone, as their last record close was a shocking 14 years ago.
We started the week at 6460 and closed at 6481. Basically unchanged. Yet underneath that boring surface, we had a 90-point reversal today alone. We exploded to 6530 this morning, then crashed right back to my key 6450 level.
Initially, stocks rallied on the expectations of a rate cut at the next Fed meeting later this month. But then the wiseguys thought about it and decided to sell, sell, sell.
It has been more than a month since Trump said on August 11th that his administration was “looking at” moving cannabis from Schedule I to Schedule III and would “make a determination over the next few weeks”.
