business news
Special Forces Sgt. in Polymarket Maduro raid bet case released; Kalshi says it blocked him
The Polymarket prediction market website is displayed on a computer screen, Jan. 11, 2026, in New York. Wyatte Grantham-Philips | AP The Army Special Forces soldier criminally charged in connection with making hugely profitable bets on Polymarket related to the U.S. military raid that captured Venezuelan leader Nicolás Maduro was released Friday on an unsecured […]
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Nvidia stock closes at record, pushing market cap past $5 trillion
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Nvidia shares closed at a record on Friday for the first time since October, pushing the company’s market cap past $5 trillion, as investors piled into the AI chip trade ahead […]
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Pirro could reopen Fed probe at any time, Democratic senators say
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Samuel Corum | Bloomberg | Getty Images The Department of Justice’s criminal investigation into Federal Reserve Chair Jerome Powell is merely “temporarily paused,” a […]
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Buying chip stocks is getting pricey. Traders don’t care
Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. Tony Puyol Semiconductors are a runaway train — up 17 of the past 18 sessions — and options traders are buying increasingly expensive call options to chase the rally higher. The VanEck Semiconductor ETF (SMH) […]
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Amazon custom chips get a boost from Meta, giving the cloud giant another path to win in AI
Amazon stock is finally getting the breakout we have been waiting for — and another artificial intelligence chip win on Friday may help explain why. Shares of the e-commerce and cloud giant popped nearly 3% to above $263 each, on track for their second record-high close this week. The latest catalyst: Friday morning’s announcement that […]
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The charts are showing there’s more pain ahead for healthcare stocks, says Carter Worth
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The worst performing sector year to date is healthcare, and there is every indication there is more downside ahead. The 2-panel chart below tells the tale. The top panel is the Health Care Select Sector SPDR ETF (XLV) itself, and it is a bad […]
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How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting
At a time when Hollywood is torn between fear of artificial intelligence stealing jobs and the pressure to cut costs, a new kind of hybrid production studio is launching with the latest AI tools. Innovative Dreams is a new production services company, backed by Amazon Web Services and Luma, a generative AI startup, that combines […]
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DOJ says it will use firing squads, electrocution again for federal executions
Acting U.S. Attorney General Todd Blanche speaks during a news conference at the Robert F. Kennedy Department of Justice building on April 7, 2026 in Washington, DC. Chip Somodevilla | Getty Images The U.S. government should add firing squads, electrocution and gas asphyxiation as methods of executing people convicted of the gravest federal crimes, the Department of […]
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Intel’s stock soars more than 20% as chipmaker shows signs of a turnaround
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel shares soared more than 20% on Friday as investors cheered signs of renewed growth due to mounting artificial intelligence demand. The stock was up 22% as of early […]
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Analysis: The threat to the Fed’s independence isn’t over
U.S. Attorney for the District of Columbia Jeanine Ferris Pirro speaks during a press conference at the Department of Justice, in Washington, D.C., U.S., Aug. 12, 2025. Annabelle Gordon | Reuters President Donald Trump has repeatedly attacked the independence of the Federal Reserve. Friday’s dropping of a Justice Department probe into Federal Reserve Chair Jerome […]
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