Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push
Meta shares dropped after the Financial Times reported that company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.
Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ
President Trump’s comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
Model routing is a fix for AI overspending. That’s a problem for OpenAI and Anthropic
Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.
Apple’s WWDC: Tim Cook’s AI legacy at stake in his final developer conference as CEO
Apple heads into WWDC with Tim Cook’s AI legacy, Siri’s future as an agentic platform, and the stock’s rich valuation all on the line.
Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
Broadcom’s guidance sent the stock tumbling this week. A buying opportunity has emerged
Jeff Kilburg breaks down how he’s trading Broadcom after this week’s declines.