Finance

Wall Street ‘Nirvana’ Nears as Fed Fuels 2021-Style Risk Rally

Wall Street ‘Nirvana’ Nears as Fed Fuels 2021-Style Risk Rally

(Bloomberg) — The Federal Reserve poured fresh fuel on the Wall Street rally this week, pushing September toward the broadest cross-asset surge since the 2021 frenzy — with fear in retreat and gr...

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Oracle in Talks With Meta on $20 Billion AI Cloud Deal

Oracle in Talks With Meta on $20 Billion AI Cloud Deal

(Bloomberg) — Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infra...

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It’s time for Intel to go private, former board members say

It’s time for Intel to go private, former board members say

Despite years of troubled performance and failed strategies, the great icon of the semiconductor industry, Intel, has two new major shareholders that can give it new hope for recovery: the United...

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Stock Indexes Rally to New Record Highs on Fed Rate Cut Optimism

Stock Indexes Rally to New Record Highs on Fed Rate Cut Optimism

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.49%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.37%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.70%.  December E-...

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Nvidia eyes $500M investment into self-driving tech startup Wayve

Nvidia eyes $500M investment into self-driving tech startup Wayve

Image Credits:Wayve Nvidia CEO Jensen Huang descended on the United Kingdom this week, armed with a pledge to invest £2 billion ($2.6 billion) to supercharge the country’s AI startup ecosyste...

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Union Pacific, Norfolk Southern merger “sounds good to me”

Union Pacific, Norfolk Southern merger “sounds good to me”

President Donald Trump on Friday said he approved of the proposed $85 billion merger between Union Pacific and Norfolk Southern. In Oval Office remarks reported by White House media, Trump said th...

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