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Trump had phone call with OpenAI’s Sam Altman last week about AI infrastructure
US President Trump gestures as CEO of Open AI Sam Altman speaks in the Roosevelt Room at the White House on January 21, 2025, in Washington, DC. Jim Watson | Afp | Getty Images Prior to officially becoming president, Donald Trump held a lengthy conversation with OpenAI CEO Sam Altman on Friday to discuss the […]
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These names reporting next week could see big earnings blow-ups, Wolfe Research says
Some companies reporting earnings next week could be major disappointments, according to Wolfe Research. About 90 S & P 500 companies, including eight Dow Jones Industrial Average members, are slated to post their latest quarterly figures. Headliners include four stocks out of the “Magnificent Seven” — including Meta Platforms — alongside others such as Intel […]
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Musk undercuts Trump’s Stargate AI investment announcement
The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024. Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill […]
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Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing […]
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Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California. Clive Brunskill | Getty Images Sport | Getty Images Oracle shares jumped […]
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Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty Images The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles, and CEO Elon Musk’s “antagonism,” according to research and consulting […]
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Billionaire wealth surges to ‘unimaginable’ levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
People pass in front of big screen during the speech of US President Donald Trump on January 26, 2018 at the Davos Congress Centre (C), the venue of the annual World Economic Forum (WEF), in the town of Davos, eastern Switzerland. / AFP PHOTO / MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP via Getty […]
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China’s vice president meets with Elon Musk ahead of Trump inauguration
Beata Zawrzel | Nurphoto | Getty Images China’s Vice President Han Zheng met on Sunday with Tesla CEO Elon Musk and other members of the U.S. business community in Washington D.C., the official Xinhua news agency reported on Monday. Han told Musk he “welcomed Tesla and other U.S. companies to seize the opportunities and share in the benefits of China’s development, and contribute to the […]
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‘Physical AI’ is the next frontier for the artificial intelligence cycle. How to play it
The advent of so-called physical artificial intelligence is believed by many to be the next frontier of the AI investing cycle, opening up opportunities to get behind robotics makers, auto suppliers and specialty semiconductor companies. Investors are looking for another way to play AI after huge runs in Nvidia and the other stocks powering and […]
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Sam Altman posts letter from senators concerned about OpenAI efforts to ‘cozy up’ to Trump
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images U.S. Senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with […]
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