Month: February 2026
Musk’s xAI needs SpaceX deal for the money. Data centers in space are still a dream
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.” […]
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‘GameStop in 2026’: How silver market has morphed into meme trading
A vendor shows various models and weights of silver bullion at a gold jewellery manufacturer in “El Sagha”, as gold prices recorded an increase after a devaluation of the local currency, at the gold market area in Cairo, Egypt January 14, 2024. Amr Abdallah Dalsh | Reuters Silver’s rapid surge and equally dramatic reversal in […]
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Clintons agree to testify in House Epstein investigation ahead of contempt vote
Former Democratic presidential nominee Hillary Clinton (L) and former President Bill Clinton arrive on the West Front of the U.S. Capitol on January 20, 2017 in Washington, DC. In today’s inauguration ceremony Donald J. Trump becomes the 45th president of the United States. Getty Images Former President Bill Clinton and Hillary Clinton, the 2016 Democratic presidential nominee, will […]
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CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters The world’s largest economy has struck a deal with the most populous nation. U.S. President Donald Trump announced Monday that America […]
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Asia-Pacific markets set to climb on U.S.-India trade deal optimism; gold and silver rebound
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets looked set to rise Tuesday after U.S. President Donald Trump said Washington and India had struck a trade deal and would immediately begin cutting tariffs on each other’s goods. Trump added that Indian Prime Minister Narendra Modi had agreed to […]
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Trump says DOJ should continue Fed Chair Powell probe ‘to the end’
U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, Feb. 2, 2026. Evelyn Hockstein | Reuters President Donald Trump on Monday said a criminal investigation into Federal Reserve Chairman Jerome Powell should continue, shrugging off a Republican senator’s vow […]
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Waymo announces $16 billion funding round
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new funding is the latest move by Alphabet to fund Waymo’s continued […]
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House hardliners complicate ending government shutdown as Speaker Johnson moves ahead
Representative Anna Paulina Luna, a Republican from Florida, during the Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024. Al Drago | Bloomberg | Getty Images House Speaker Mike Johnson is running into problems with his own caucus as he tries to advance a Senate-approved measure to reopen most of the […]
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Stocks making the biggest moves after hours: Palantir, NXP Semiconductors, DaVita and more
Check out the companies making headlines in after-hours trading. Palantir Technologies — The software analytics company saw its stock jump nearly 5% after reporting a beat on top and bottom lines . Palantir posted adjusted earnings of 25 cents per share, beating analysts’ expectations of 23 cents per share, according to LSEG estimates. Its revenue […]
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Oracle’s credit default swaps are plummeting as financing plan boosts investor confidence
Oracle’s 5-year credit default swaps tumbled 17% after the software vendor’s plan to raise $50 billion in debt and equity bolstered investor confidence that the company will be able to avoid a credit downgrade as it funds its artificial intelligence buildout. “Equity financing significantly inhibits the downside for credit,” Andrew Keches, a credit analyst at […]
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