Category: Business

By Stephen Nellis and Krystal Hu (Reuters) – Microsoft (MSFT) on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL) and Japan’s SoftBank Group to build up to $500 billion of new AI data centers in the United States. President

(Bloomberg) — The dollar bounced back after posting its steepest drop in 14 months amid bets that US President Donald Trump’s tariff plans would spur inflation and prevent further interest-rate cuts from the Federal Reserve. Most Read from Bloomberg How Sanctuary Cities Are Preparing for Another Showdown With Trump Texas HOA Charged With Discrimination for

Nvidia (NASDAQ: NVDA) was founded in 1993, and it went on to create the world’s first graphics processing units (GPUs) for computing, media, and gaming applications. Now, decades later, the company has adapted those powerful chips for data centers, where they are used to develop advanced artificial intelligence (AI) models. Nvidia CEO Jensen Huang believes

Listen and subscribe to Decoding Retirement on Apple Podcasts , Spotify , or wherever you find your favorite podcasts. The key to a successful transition into retirement lies with several tactics, and preparation — both financial and non-financial — is among the most significant, according to one expert. “The highest single correlation to that success

Justin Sullivan / Getty Images The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into a three-day weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025. Intel shares took off following reports that the semiconductor giant could be an acquisition target. Freight shipper J.B. Hunt posted lower-than-expected sales

Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst Keefe, Bruyette & Woods analyst David Konrad reiterated an Outperform rating on the shares of Goldman Sachs Group Inc (NYSE:GS) and raised the price forecast to $690 from $686. The analyst notes Goldman Sachs posted an

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(Bloomberg) — Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name. Most Read from Bloomberg These Homes Withstood the LA Fires. Architects Explain Why As E-Bikes Boom in NYC, Some Call for More Regulations A Blueprint for

Chris Ratcliffe / Bloomberg via Getty Images Oil prices rose to a five-month high on Monday, weighing on the stocks of airlines, cruise operators, and other companies whose finances are directly affected by the price of fuel. Oil prices jumped more than 3% at the end of last week after the Treasury Department announced sweeping