Month: September 2025
Micron beats on earnings as company sales rise 46% on AI boom
A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter. The stock rose in extended trading. Here’s how the company did in comparison with […]
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Nvidia’s and OpenAI’s ‘monumental’ data center plan has an equally massive problem: Where to find the power
Nvidia CEO Jensen Huang told CNBC this week that the chipmaker’s AI infrastructure plan with OpenAI is “monumental in size.” Their plan is so big that it will push the boundaries of what is possible. The chipmaker and the AI lab are aiming to build at least 10 gigawatts of data centers. This will sap […]
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In major shift, Trump says he now thinks Ukraine can win back all of its territory taken by Russia
U.S. President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters President Donald Trump said Tuesday afternoon that he thinks Ukraine, with help from the European Union, could win back its territory from Russia and return the country […]
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YouTube to allow creators banned for Covid-19, election misinformation to apply for reinstatement
Jaque Silva | Nurphoto | Getty Images Google-owned YouTube on Tuesday said it will soon allow previously banned accounts to apply for reinstatement, rolling back a policy that had treated violations as permanent. The change applies to channels removed for posting Covid-19 or election-related misinformation, according to a letter from Alphabet lawyer Daniel Donovan to […]
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Disney raises prices for streaming packages
Thomas Fuller | Lightrocket | Getty Images Disney on Tuesday unveiled price increases for its streaming subscription packages beginning Oct. 21. The standalone Disney+ ad-supported plan will see a $2 increase to $11.99 per month, while the premium no-ads plan will jump $3 to $18.99 per month or get a $30 annual hike to $189.99 […]
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Fed Chief Powell says stock prices appear ‘fairly highly valued’
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell on Tuesday noted that asset prices, a category that typically includes stocks and other […]
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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
Key Points Fed Chair Jerome Powell said that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision to lower the central bank’s key interest rate last week. “This policy stance, which I see as still modestly restrictive, leaves us well positioned to respond to potential economic developments,” he added […]
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This Nvidia derivative is on the verge of a sharp move higher, according to the charts
I think after yesterday’s blockbuster announcement of Nvidia’s $100 billion investment into OpenAI, our heads are still spinning a bit trying to make sense of it all. Is AI really going to change our lives as the thought leaders claim such as curing cancer, solving climate change, fixing the education system, mining asteroids and making […]
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Eli Lilly to build $6.5 billion Texas manufacturing facility for obesity pill, other drugs
A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill. It is the second in […]
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Stocks making the biggest moves midday: Firefly Aerospace, AutoZone, Sempra, Halliburton and more
Check out the companies making headlines in midday trading: Baker Hughes , Halliburton — Oil services stocks including Halliburton and Baker Hughes traded higher as oil prices looked to break a four-day losing streak. Baker Hughes’ stock rose more than 4%, while Halliburton and Transocean each added 8%. Sempra — Shares of the energy company […]
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