Elon Musk’s Terafab chip factory in Texas could cost up to $119 billion, filing shows
Elon Musk’s giant Terafab facility in Texas could cost up to $119 billion, with hopes of manufacturing chips for Tesla, SpaceX and xAI
FanDuel CEO Amy Howe is out after five years at the sportsbook
Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.
Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up
Secretary of State Marco Rubio is a frontrunner to succeed President Donald Trump in 2028, though Vice President JD Vance is also seen as a potential heir.
Anthropic, SpaceX announce compute deal that includes space development
Anthropic said it’s forged a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.
Novo Nordisk CEO says the drugmaker is more active than ever in seeking out deals
Novo Nordisk CEO Mike Doustdar says the Ozempic and Wegovy maker is looking for deals more than ever before.
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.
Commerce Sec. Howard Lutnick to answer Epstein questions from House panel Wednesday
Howard Lutnick admitted to a Senate committee in February that he and his family visited Epstein’s private island in the U.S. Virgin Islands in 2012.
AMD’s Su explains what’s behind massive forecast change as stock roars 15% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long term forecast after strong first-quarter earnings.
Ken Griffin: Citadel expanding in Miami in response to NYC Mayor Mamdani’s ‘poor taste’ tax video
Mamdani’s office said in response to Griffin, “our tax system is fundamentally broken. It rewards extreme wealth while working people are pushed to the brink.”
Here are Wednesday’s biggest analyst calls: Nvidia, AMD, Palantir, Monster Beverage, Alphabet, Meta, Sphere Entertainment & more
Here are the biggest calls on Wall Street on Wednesday.