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Meta Platforms has secured new agreements to get AI computing power from data ‌center developer Crusoe, Bloomberg News reported on Thursday, ‌as it strengthens infrastructure required to support its AI expansion. Meta and ​Crusoe did not immediately respond to Reuters' requests for comment on the report, which cited people familiar with the situation. • ⁠Meta is under contract to buy computing capacity from Crusoe at two data centers, ⁠which are located in Childress, Texas, and Warrenton, Missouri, according to the report.

There's (significantly) less room for this stock to run in one firm's opinion.

Moody's Ratings assigned Elon Musk's SpaceX a Baa1 rating late Thursday. The grade puts the space-exploration company comfortably in investment grade status--three notches above speculative grade, or "junk"--helping keep borrowing costs down if SpaceX wants to sell bonds on the public market.

Stocks rose and gasoline prices continued to fall after the U.S. and Iran signed an interim peace agreement to wind down the war, capping a holiday-shortened week on a high note. Brent crude futures, the international oil benchmark, finished the day near flat at $79.85 a barrel, about $7.50 closer than they started the week to the prewar level of about $72.50. The recent drop in oil prices has already translated into relief at the pump for Americans: The average cost of a gallon of gasoline slipped below $4 for the first time in more than two months, according to AAA.

(Bloomberg) -- SpaceX stock ended higher in its first week of trading, even though its rough ride showed the largest-ever IPO was not immune to the type of share-price volatility that tends to rock big companies after they go public. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealMukesh Ambani’s Promise to Investors on Jio IPO Will Be Tested Th

His long-running morning show “The Breakfast Club” makes headlines and is a Netflix hit. His media empire is growing.

Federal Reserve Chair Kevin Warsh’s first post-meeting press conference rattled risk assets on Wednesday, and the loudest pushback came from a strategist who thinks the bull market remains structurally intact. On CNBC’s Closing Bell Overtime, Warren Pies, co-founder of 3Fourteen Research, argued that “Bull markets do not die of old age. They’re usually murdered by ... Kevin Warsh Comments Send Shiver Down Investors’ Spines. Would He Really ‘Murder This Bull Market?’

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.48%. September E-mini S&P futures (ESU26 ) rose +1.15%, and September E-mini Nasdaq futures...

Ctrl+C and Ctrl+V, the universally loved shortcut pair, is now a big threat to your crypto wallet. Microsoft (NASDAQ: MSFT) has uncovered a new strain of malware built to quietly drain cryptocurrency from Windows users. In a report on June 17, Microsoft Threat Intelligence and Microsoft ...

Moderna said an advisory committee voted unanimously that the benefits of the vaccine, mRNA-1010, exceed the risks for the prevention of flu in adults 50 through 64 years old, and in adults 65 and older.

HIVE Digital Technologies (Nasdaq: HIVE) announced a major artificial intelligence (AI) infrastructure agreement through its subsidiary BUZZ High Performance Computing (BUZZ HPC) on June 18, joining forces with Bell Canada and Cohere to build what the companies describe as a sovereign ...

(Bloomberg) -- Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support an ambitious artificial intelligence expansion.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USNYC Greek Eatery Ki

Strategy's biggest gun for buying bitcoin — preferred stock issuance — is about to get more costly.

(Bloomberg) -- Gold slipped as the Federal Reserve’s hawkish stance outweighed an interim peace deal between the US and Iran that eased inflation risks. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USNYC Greek Eatery Kiki’s Seized for Failure to Pay $1 Million TaxBullion fell as much a

Costco members understand that they're trading certain frills like fancy floor displays, grocery bags, and in-store directories for lower prices. In recent years, however, Costco has been investing in technology to improve the in-store shopping experience. Those changes have been careful ...

OpenAI is bulking up before its IPO, landing Transformer co-inventor Noam Shazeer from Google DeepMind and former Trump AI policy official Dean Ball in the same week.

The memory tax is coming at Apple at a time when it's already battered with existing tariff drama.

Low-profile continues to expand, but European shoe sales hurt global growth. Birkenstock, Crocs and Deckers could be hurt by muted DTC trends.

The artificial intelligence revolution is in full swing. This particular AI stock is eyeing an entry amid accelerating earnings.

Accenture PLC (ACN) reports a 6% revenue increase and 9% EPS growth, while navigating geopolitical impacts and macroeconomic uncertainties.

Quantitative analysts at JPMorgan Chase (NYSE: JPM) have issued a sharp warning on Bitcoin (BTC) mining, Investing.com reported on June 18. Bitcoin is the world's first decentralized cryptocurrency, which means no centralized body creates or controls it and it runs on a peer-to-peer (P2P) network. ...

Expect some big reveals in late July or early August.

The consulting firm now expects full-year revenue growth of 3% to 4%, down from a prior forecast of 3% to 5%, citing weakness in its U.S. federal business

As SpaceX and Deep Fission go public and Anthropic and OpenAI look to follow, learn these rules for how to invest in IPO stocks.

Space Exploration Technologies' (SPCX) planned $60 billion all-stock acquisition of AI coding platfo

Everyone loves an underdog — a person who tackles obstacles with resilience to come out on top. You can learn resilience, though. Resilience boosts your confidence and outlook in everyday life, says Scott Mautz, a San Diego-based leadership coach, keynote speaker and trainer who is a former Procter & Gamble senior executive.

Wall Street closes on Friday to commemorate the Juneteenth Holiday. The stock market climbed this week ahead of the break.

Regulators may outline who pays for grid upgrades needed to support surging AI power demand.

Investors weigh execution risks and index inclusion support after SpaceX's volatile first trading week.

Prestige may pause its hospitality IPO and pursue a $300 million private equity stake sale instead.