OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC
Post Content Read More
U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1%
Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%. Read More
Tesla to wind down Cybertruck production in Texas next year to ramp Cybercab, Musk says
The Cybertruck and its polarizing design gained a niche following, but it did not achieve mass-market sales and Tesla has issued several voluntary recalls. Read More
10-year Treasury yield rises after much stronger-than-expected October jobs report
Investors assessed the path of monetary policy following a blowout October jobs report on Friday. Read More
A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure
Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake. Read More
Democratic sweep gives markets a reason to rethink path of interest rates
Rate hikes could be curbed by an Iran war resolution, slower U.S. growth and fresh fiscal policy — but none are set in stone. Read More
AI stocks hammered by midterm shock as data center buildout becomes a ‘war of attrition’
The election rout landed on an AI trade already under pressure from high interest rates, heavy capital spending and questions about returns. Read More
AI debt concerns grow as ING reportedly seeks buyers for $500 million of data center loans
ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site. Read More
Tanks or drones? Defense earnings reveal a more complicated rearmament boom
The world's biggest defense firms are finding that demand for traditional military equipment remains strong even as drones and AI reshape how wars are fought. Read More
The ‘World’s Best Airline’ is updating its business and first-class experience
Singapore Airlines is rolling out new onboard seating, dining and entertainment options that are part of an over $2 billion Singapore dollar investment. Read More
