The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a …
Here are Monday’s biggest calls on Wall Street: Goldman Sachs initiates Ferrari as buy Goldman said the luxury vehicle company is firing on all cylinders. “We initiate with a Buy rating on Ferrari as we see a large volume of higher-priced Special Series volumes driving ASP growth for the company …
Here are the biggest calls on Wall Street on Monday: Wells Fargo reiterates Bank of America as overweight The firm raised its price target on the stock. “We expect BAC to post a new 16%-18% ROTCE target at its Nov. 5 investor day on expectations that it can better monetize …
A resurgence in trade tensions between the U.S. and China squeezed some of the excess out of an enthusiastic market, something investors will keep a close eye on in the week ahead as earnings loom. The government shutdown is also stretching into a new week. Stocks sold off Friday, with …
Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 20, 2023. Eric Gaillard | Reuters Sam Altman needed someone to manage the finances. It was 2018, and OpenAI was still a nonprofit research outfit with 40 employees, …
The “big beautiful bill” — championed by President Donald Trump and signed on Independence Day — is shaping up to be a windfall for Big Tech. The measure — officially called the “One Big Beautiful Bill Act,” or OBBBA for short — restores three tax provisions from the 2017 Tax …
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name …
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health At digital physical therapy startup Hinge Health, CEO Daniel Perez used to recognize hard-working employees with the “Cockroach Award,” a distinction that brought with it a “cockroach squad” t-shirt and a cash payout. References to the …
President Donald Trump’s pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day rally last Wednesday. But, the next two sessions were divided — setting the stage for what could be more volatility this week as investors try to keep up with an …
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. Bloomberg | Bloomberg | Getty Images Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out of the …
