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Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained
Wall Street’s years-long bet on AI is facing a severe test on…
Sergey Brin makes his biggest donation ever to tackle California’s housing crisis, weeks after moving to the Nevada side of Lake Tahoe
Brin’s contribution stands out even in his rapidly expanding philanthropic and political…
Jerome Powell says Fed independence isn’t lost … yet. ‘I certainly hope we won’t’ lose it
“We haven’t lost it. I don’t believe we will. I certainly hope…
Bonds 101: What investors need to know about the ‘shock absorber of the portfolio’
On their face, bonds are simple: An investor loans money to a…
Here’s who topped the Fortune 500 in CEO pay last year—from Goldman’s David Solomon to Disney’s Bob Iger
Goldman Sachs quietly crowned CEO David Solomon the early 2025 pay leader…
Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X
The moves, remarkable even in the context of Musk’s unfettered management style,…
Fidelity enters crowded stablecoin field with new FIDD token
“As general adoption in the digital assets space continues to evolve, we…
Amazon is closing its futuristic Go and Fresh stores—showing logistics and tech aren’t enough to make old-school retail work
The e-commerce giant said on Tuesday that it was closing its “Fresh”…
ServiceNow stock falls despite earnings beat as CEO Bill McDermott tries to get investors to stop thinking of it as a SaaS company
McDermott said that ServiceNow is on its way to becoming the central…
An architect of California’s billionaire tax says he’s an ‘enthusiastic capitalist,’ but the system ‘doesn’t seem to be working.’ He’s got a plan
“I’m interested in how things work,” Galle added, “and right now, it…
