Year: 2025
It’s a huge week for crypto in D.C. But the industry may not get everything they want
The U.S. Capitol building in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz | Reuters It’s “Crypto Week” in Washington. The cryptocurrency industry is set to notch a major win this week if the House can pass two bills that would set up a long-lobbied-for regulatory framework for digital assets. The stablecoin bill, known as […]
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Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania
CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. Yuki Iwamura | Bloomberg | Getty Images Coreweave stock climbed more than 9% on Tuesday after the company announced a $6 billion artificial intelligence data center project in Pennsylvania. The commitment includes an initial 100 megawatt data center built in […]
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The next frontier in real estate: Data centers on the moon and space-support infrastructure
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As private companies […]
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Ericsson CEO says AI regulation and investment in Europe are ‘concerning’
U.S. stocks open higher after Nvidia gains, CPI comes in as expected The S&P 500 gained 0.5% in early deals, while the tech-heavy Nasdaq Composite jumped 0.8%. Stocks were boosted by gains in chip giant Nvidia, which said it hopes to resume deliveries of its H20 GPU sales to China. Traders were also poring through the latest U.S. inflation data. […]
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Apple makes $500 million deal with miner MP Materials for rare earths magnets
People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Adam Gray | Reuters Apple and miner MP Materials announced a $500 million deal Tuesday for rare earths magnets and the development of a recycling facility that will reinforce the iPhone maker’s U.S. supply chain. MP Materials […]
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GameStop’s Ryan Cohen lays out his vision for company — it’s not to be the next MicroStrategy
GameStop chief Ryan Cohen said Tuesday his video game retailer is using crypto as an inflation protection, and not trying to mimic others in becoming a large holder of digital tokens. “I look at it as a hedge against inflation and global money printing and and we’ll see what happens,” Cohen said on CNBC’s ” […]
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Sirius, long commercial-free in cars, is betting on advertising to capture new listeners
Thomas Fuller | SOPA Images | Lightrocket | Getty Images SiriusXM, the audio entertainment company that’s long been known as a commercial-free option for in-car radios, is betting on advertising to propel its business. On Tuesday the company launched its first ad-supported subscription plan for car listening called SiriusXM Play. It’s a cheaper option than […]
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Stocks making the biggest moves premarket: Nvidia, Trade Desk, BlackRock, Wells Fargo and more
Check out the companies making headlines before the bell. JPMorgan Chase — Shares fell less than 1% in the premarket after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 3% in the premarket after the company lowered its 2025 […]
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China’s Baidu to bring its driverless cars to Uber globally
A passenger walks near Uber signage after arriving at Los Angeles International Airport in Los Angeles, California, on July 10, 2022. David Swanson | Reuters Baidu has struck a partnership with Uber to deploy its autonomous cars on the ride-hailing giant’s platform outside the U.S. and mainland China. The first deployments are expected to happen […]
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S&P 500 futures rise as investors await bank earnings, inflation reading: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 10, 2025. Jeenah Moon | Reuters U.S. stock futures were pointing to a mixed open early Tuesday following a winning session for the major averages, as investors await big bank earnings and a key inflation reading. Dow […]
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