Tech companies would have to pay AI data center energy costs under bill moving in Congress
A House subcommittee may advance legislation Wednesday to make tech companies pay the energy costs for operating data centers to power AI.
Defense stocks plummet on report Germany is scrapping warships; Rheinmetall stock down 13%
Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.
Defense giant KNDS plans IPO in Paris and Frankfurt
KNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
Oil extends decline as Trump accuses oil firms of ‘gouging’ consumers
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
Ukraine is raising the cost of war for Russia — and testing Putin’s resolve
A string of political victories and deep-strike successes has bolstered confidence in Ukraine amid its long-running war with Russia.
Three New York Democrats backed by Mamdani win House seat primaries; 2 incumbents lose
Two candidates backed by the Democratic Socialist of America won their primaries, a year after the DSA-backed Zohran Mamdani won New York mayor’s race.
VIX owner Cboe jumps into prediction markets to build on zero-day options growth
Global markets operator Cboe has launched its first prediction markets products to meet consumer demand in the fast growing sector.
Asian tech stocks rebound after global rout; Samsung up 9%
Asia’s technology stocks rebounded on Wednesday after global equities posted steep losses in the previous session.
Stock futures are little changed as traders look ahead to Micron’s earnings: Live updates
A rout in chipmaker names, including Micron, weighed the S&P 500 and Nasdaq Composite lower on Tuesday.
South Korea’s stock market just had one of its worst days ever. Why Morgan Stanley says it’s not breaking down
The Kospi index fell about 10% in Tuesday’s session, marking its worst session since March.