business news
Inside Wealth: Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby
A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby. Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to […]
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Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon […]
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Trump to get briefed on potential Iran strikes before war hits key 60-day deadline: Reports
U.S. President Donald Trump exits Air Force One as he arrives at Miami International Airport in Florida, U.S., April 11, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday is set to receive a briefing from U.S. Central Commander Adm. Brad Cooper and other military leaders on potential strikes in Iran, Axios and Reuters […]
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Apple execs to talk China and tariffs, but will avoid discussing foldable iPhone, per bettors on Kalshi
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook and John Ternus at Apple Park. Courtesy: Apple On Apple’s first earnings call since the company announced its planned C-suite changes, bettors on Kalshi think the company may discuss its creator studio, streaming platform and a fellow megacap tech company’s artificial intelligence model. […]
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U.S. senators ban themselves from prediction markets trading
“Bets Off Act” signage as Representative Greg Casar, a Democrat from Texas, left, and Senator Chris Murphy, a Democrat from Connecticut, speak during a news conference at the US Capitol in Washington, DC, US, on Tuesday, March 17, 2026. Stefani Reynolds | Bloomberg | Getty Images The U.S. Senate on Thursday unanimously passed a rule […]
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Pricey NFL, NBA ownership stakes are pushing investors to smaller leagues and driving valuations higher
Trinity Rodman #2 of Washington Spirit evades Sarah Schupansky #11 of Gotham FC during the NWSL Championship 2025 final between Washington Spirit and NJ/NY Gotham FC at PayPal Park on November 22, 2025 in San Jose, California. Lyndsay Radnedge/isi Photos | Isi Photos | Getty Images A version of this article first appeared in the […]
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Blue Owl shares surge after private credit firm cites 10X gains from SpaceX loan
Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl, the private credit firm at the center of recent jitters over exposure to software companies, jumped 10% in trading Thursday after executives disclosed sizable gains tied to SpaceX. “We made about 10 times our money on that […]
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Jim Cramer crowns Alphabet the hyperscale earnings winner, sees more upside ahead
CNBC’s Jim Cramer didn’t hesitate to crown Alphabet as the clear winner in Wednesday night’s barrage of Big Tech earnings. “The Google call – Alphabet was an extraordinary call,” Jim said on ” Squawk on the Street ” on Thursday. “I think with the stock at $370 its going to right to $400,” he added. […]
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House strips MAHA-hated pesticide provisions from farm bill
The House of Representatives on Thursday stripped a set of controversial provisions aimed at protecting pesticide manufacturers from the farm bill, following a Make America Healthy Again uprising that could have sunk the broader package. The amendment led by Rep. Anna Paulina Luna, R-Fla, to strip the language was passed by a vote of 280-142, […]
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Jim Cramer: Don’t let Meta’s post-earnings plunge scare you out of the stock
CNBC’s Jim Cramer said Meta Platforms ‘ post-earnings decline isn’t a reason to jump ship on the stock. Shares are headed for their worst session in six months after a spending outlook raise sent the Facebook parent down over 9% Thursday. Still, Cramer remains a firm believer in CEO Mark Zuckerberg’s vision for the company. […]
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