Elon Musk says xAI must be ‘rebuilt’ as co-founder exodus continues, SpaceX IPO awaits
With xAI now in the hands of SpaceX, Elon Musk says he’s rebuilding the artificial intelligence company following high-level departures.
Judge blocks subpoenas in criminal probe of Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell has said he is being investigated ostensibly for comments he made about the pricey renovations of the Fed’s headquarters.
U.S. companies should give Trump tariff refunds to workers as bonuses or raises: Greer
The United States government could end up paying $165 billion of more in refunds for Trump’s IEEPA tariffs that the Supreme Court ruled were illegal.
These stocks will benefit from AI and an aging population, Jefferies says. They also pay dividends
Artificial intelligence is being integrated into senior housing companies and some names will rise above the rest, according to Jefferies.
Citigroup sticks by three missile and defense companies as Iran war rages
Analyst John Godyn said that the Iran war has brought the firm’s buy-rated defense names to the attention of investors.
Starbucks union sent the company a proposed contract. Here’s what baristas want
Discussions between Starbucks and the union representing about 6% of its company-owned U.S. stores hit a wall last year.
Trader Stephen Weiss is holding his cash, says ‘this is not a trading market’
Stephen Weiss, chief investment officer at Short Hills Capital Partners, says this is not the time to be trading the market.
Stocks making the biggest moves midday: Adobe, Ulta Beauty, Insulet, Klarna, Once Upon a Farm & more
These are some of the stocks posting the largest moves midday.
Analysis: The U.S. is running out of ways to get oil prices down. It is up to the military.
Iran’s threat to the Strait of Hormuz can’t be fixed by releasing oil from strategic petroleum reserves.
AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says
Technology companies, including Block and Atlassian, have already cut jobs this year due to AI adoption.