Palantir’s Karp bashes OpenAI, Anthropic token model: ‘Something has gone completely wrong’
Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing
Dan Ives goes bullish on SpaceX, touting reusable, super heavy Starship rocket as linchpin for success
The rocket and satellite communications manufacturer first soared, and then fell back toward its $135 debut price in June.
Meta pops 8% as company makes cloud push to sell excess AI compute power capacity
The new business is a welcome signal for some investors who have been uneasy about the company’s infrastructure spending plans.
July has been a slam dunk month for the Nasdaq-100. But traders may have front-run it this time
A strong July performance for the Nasdaq-100 may not be a sure thing now.
Trump Accounts for kids launch July 4: What parents need to know
Here’s a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.
Here are Wednesday’s biggest analyst calls: Nvidia, SpaceX, Apple, Sandisk, Salesforce, Nike, Lockheed Martin & more
Here are the biggest calls on Wall Street on Wednesday.
U.S. auto industry faces more uncertainty without extension of USMCA trade deal
A major issue for automakers is the deal’s rules of origin, which determine where a product comes from and which goods are eligible for preferential treatment.
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
Fed Chief Kevin Warsh set to give view on rates, central bank overhaul at ECB forum: Live updates
The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
Lamborghini reveals new Urus performance hybrid SUV after ditching EVs
Lamborghini is calling the new Urus SE Performante the “fastest Super SUV in the world.”