Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.
Stocks making the biggest moves midday: Amazon, Adeia, Kenvue, Iren & more
These are the stocks posting the largest moves midday.
Tesla faces widening federal probe into door handle safety issues
Elon Musk’s automaker faces a widening probe concerning alleged safety defects with the company’s flush-mounted, electronic door handles.
Pfizer files second lawsuit against Novo Nordisk, Metsera in bidding war over obesity biotech
The suit escalates a battle between Pfizer and Novo Nordisk over Metsera, whose obesity pipeline could yield new competitors in the weight loss drug market.
Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter
In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.
Nearly two dozen states sue Trump admin over rule limiting student loan forgiveness for public servants
New York Attorney General Letitia James is suing the Trump administration over its new rule limiting eligibility for Public Service Loan Forgiveness.
Trump admin agrees to fund some SNAP benefits amid shutdown
The agreement to use contingency funds to pay for food stamp benefits came after a judge said Trump administration could not cease paying for the benefits.
Gold is the ultimate ‘low-trust asset’. A look at 3 miners in our Best Stocks list
Josh Brown and Sean Russo break down three gold miners in their Best Stocks list.
Trump says he has ‘no idea who’ Binance’s CZ is after pardoning him
Trump’s claim that he doesn’t know about the ex-Binance CEO comes as he and Republicans target former President Joe Biden’s pardon over his “autopen” use.
Trump backtracks on attending Supreme Court tariffs case arguments
Lower federal courts ruled that President Trump did not have authority under the law he cited to imposed reciprocal and fentanyl tariffs on imports.