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Musk vows to appeal OpenAI verdict, House lawmakers water down housing affordability bill, the world needs more rare earth mines, and more news to start your day.
Artificial intelligence has become Wall Street’s favorite growth story. Investors have poured money into companies tied to AI chips, cloud infrastructure, utilities, and data centers as businesses race to build the computing backbone needed for the next generation of software. The opportunity is massive — and so is the spending. Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet ... The $1 Trillion AI Data Center Buildout Is Fueling a Cost Consumers Can’t Escape
President Trump made 94 different trades of 'Magnificent 7' stocks in the first quarter of 2026, a new ethics disclosure shows, executing millions of dollars in transactions even as he was meeting with and often promoting these top tech companies.
Elon Musk's lawsuit against OpenAI and Microsoft was dismissed by a jury, removing a significant legal overhang. The verdict leaves Microsoft, NasdaqGS:MSFT, free of financial or reputational penalties linked to the case. The decision clears a path for OpenAI to pursue an IPO, with Microsoft remaining its largest outside backer. For Microsoft shareholders, the jury decision comes with the stock last closing at $423.54 and up 2.6% over the past week. The company has also delivered gains of...
Ben Carlson of Ritholtz Wealth Management has flagged what he calls “one of the biggest trends that I’ve seen in the wealth management space in the last 5 years”: clients walking in the door already asking for tax-aware diversification, rather than advisors having to sell it to them. The two archetypes he cited on The ... I Have 90% of My Net Worth in One Stock. How Do I Diversify Without a Massive Tax Bill?
Some courtroom wins look better on the scoreboard than on the balance sheet. Wall Street has watched two of them play out in the last quarter-century, from the antitrust case that hobbled Microsoft in 2001 to the one that hung over Google for most of the 2020s, and in both cases the supposed loser ...
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
President Donald Trump's first-quarter 2026 ethics filing reads less like a disclosure form and more like a trading floor transcript. A newly released Office of Government Ethics (OGE) filing shows Trump’s portfolio executed 3,642 securities transactions in Q1 — roughly...
On Monday, Florida-based NextEra Energy, North America’s largest investor-owned electric utility, announced it had entered an agreement to combine with Dominion Energy, creating the world’s largest regulated electric utility business. The $66.8 billion all-stock transaction is the latest evidence of growing consolidation in the US public energy and utilities sector to meet the exponential demand for power to fuel the AI buildout. Goldman Sachs estimates in a February report that global data cent
Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being deployed as part of Anthropic's "Project Glasswing," a controlled initiative under which select organizations, including major tech firms such as Amazon, Microsoft, Nvidia and Apple, are permitted to use the unreleased Claude Mythos Preview model for defensive cybersecurity purposes. Mythos' capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, according to experts.
We just covered the Mark Cuban Stock Portfolio: 8 Best Stocks to Buy and Microsoft Corporation (NASDAQ:MSFT) ranks 5th on this list. Mark Cuban has made no secret of the fact that he respects the position of Microsoft Corporation (NASDAQ:MSFT) as a legacy software provider but also issued several sharp warnings that the era of […]
The jury found Musk brought his lawsuit after the statute of limitations expired, clearing the way for an OpenAI IPO.
Bill Ackman's Pershing Square slashed its stake in Google-parent Alphabet last quarter, while Berkshire Hathaway tripled its stake before shares took flight last month.
Tech stocks were lower late Monday afternoon, with the State Street Technology Select Sector SPDR ET
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Stocks to Invest in For 5 Years According to Billionaires. On May 13, TD Cowen analyst Derrick Wood maintained a Buy rating on Microsoft Corporation (NASDAQ:MSFT) with a price target of $540. The analyst maintained the bullish sentiment following a meeting with the management. The firm highlighted […]
Elon Musk failed to convince a jury on Monday that OpenAI's CEO Sam Altman and President Greg Brockman broke their agreement to maintain the maker of ChatGPT as a nonprofit to benefit humanity. The jury decided Musk waited too long to sue. Musk had sought about $150 billion in damages from OpenAI and Microsoft, a major investor, to be paid to OpenAI's nonprofit.
<body><p>STORY: :: Amazon Web Service</p><p>Two powerhouse utility companies are merging as the AI boom fuels data center demand.</p><p>:: NextEra Energy</p><p>NextEra Energy on Monday said it will buy Dominion Energy in an all-stock transaction valued at nearly $67 billion.</p><p>:: Dominion Energy</p><p>The deal is one of the biggest in the U.S. power industry, and will create the world's largest regulated electric utility company by market value.</p><p>:: NextEra Energy</p><p>:: Amazon Web Service</p><p>The transaction gives NextEra greater reach into supplying electricity to Big Tech's burgeoning data centers, with Dominion's customers including Alphabet, Amazon, Microsoft, Meta and CoreWeave.</p><p>:: Archive</p><p>It also follows an agreement NextEra made last year with Google to reopen a nuclear power plant in Iowa.</p><p>The energy sector has seen a wave of consolidation recently as rapid data-center buildout lifts power demand for the first time in two decades, opening up a lucrative revenue stream and boosting profit prospects.</p><p>:: Archive</p><p>This year, AES Corp agreed to be acquired by a consortium led by Global Infrastructure Partners and Swedish private-equity firm EQT. That followed Constellation Energy's deal for Calpine and Blackstone's purchase of TXNM Energy last year.</p><p>Monday's announcement sent shares of NextEra lower by as much as five-and-a-half percent, while Dominion's stock rose as much as eleven-and-a-half percent to its highest level since November of 2022.</p></body>
Elon Musk has lost a legal fight against OpenAI, clearing the way for the ChatGPT maker to launch a $1tn (£745bn) flotation.
A jury in Oakland, Calif., said the AI company isn’t liable for claims brought by the billionaire Tesla CEO.
Investing.com -- A U.S. jury on Monday found OpenAI not liable in a lawsuit filed by Elon Musk, who claimed the artificial intelligence company had abandoned its original mission to benefit humanity.
After selling off significantly, Microsoft (NASDAQ:MSFT) looks compelling on the numbers, and Bill Ackman appears to agree. Pershing Square has reportedly been loading up on Microsoft while trimming its Alphabet (NASDAQ:GOOGL) position, a rotation worth examining because Microsoft has lagged the rest of mega-cap tech this year even as its AI business compounds at triple-digit rates. ... Bill Ackman Is Going All in on Microsoft. Should You Do the Same?
A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to OpenAI CEO Sam Altman and ending one of Silicon Valley's most closely watched courtroom battles.The jury in Oakland federal court found that Musk's claims against Altman, OpenAI President Greg Brockman, The OpenAI Foundation and Microsoft were barred by relevant statutes of limitations, rejecting the billionaire's core arguments.
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.
The advisory jury found Altman, OpenAI president Greg Brockman, and Microsoft not liable, with the court agreeing with the determination
Elon Musk's claim that he was mistreated by his OpenAI cofounders failed after nine California jurors decided in a unanimous verdict that his lawsuits had been filed too late.
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