A nearly $90 million ruling this week against Apple and Goldman Sachs — who together brought the Apple Card to market in 2019 — is the latest chapter in a dramatic breakup reportedly brewing between the two companies. The Consumer Financial Protection Bureau has ordered the tech giant and the bank to pay more than […]

The cooling towers of a nuclear power plantWlad74/Getty Images Tech giants like Amazon and Microsoft are striking nuclear power deals for their AI data centers. The nuclear power resurgence is driven by clean energy demand and AI’s soaring power needs. These nuclear-focused stocks have soared this year amid an ongoing nuclear renaissance. The nuclear power

Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took

Shares of semiconductor giants Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), and Taiwan Semiconductor Manufacturing (NYSE: TSM) all marched higher Friday after Bank of America analyst Vivek Arya was quoted encouraging investors to invest in the “generational capex cycle in generative AI infrastructure.” Capex is shorthand for capital expenditures. Broadcom, TSMC, and Intel are chipmakers considered part

Key Takeaways The S&P 500 slipped less than 0.1% on Friday, Oct. 25, closing out a trading week in which earnings season kicked into gear. Shares of flooring manufacturer Mohawk Industries dropped as softness in the housing market weighed on its quarterly results. Tapestry shares jumped after a federal judge blocked the fashion holding company’s

Nvidia (NASDAQ: NVDA) has been in scintillating form on the stock market in 2024, reaching gains of nearly 180% as of this writing. This is due to the robust growth that the company has been clocking in recent quarters on account of the strong demand for its graphics cards deployed in artificial intelligence (AI) servers.

The Washington Post Building at One Franklin Square Building in Washington, D.C., June 5, 2024. Andrew Harnik | Getty Images The Washington Post said Friday that it will not endorse a candidate in the presidential election this year, breaking decades of tradition, and sparking immediate criticism of the decision. The newspaper also published an article

The union representing workers on strike against troubled aerospace firm Boeing (BA) on Thursday reminded its members that they need to stick together in order to get what they want. Sixty-four percent of workers represented by International Association of Machinists and Aerospace Workers (IAM) local 751 on Wednesday voted against Boeing’s latest deal, which offered

The boss of American car giant Ford has admitted he “doesn’t want to give up” an electric vehicle (EV) made by one of his Chinese rivals after driving it for six months. Jim Farley, who has been Ford’s chief executive since 2000, said he had arranged for his own Xiaomi SU7 to be shipped back from

Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s “Property Brothers,” said at CNBC’s Your Money event Thursday. “I don’t think people realize this shortage of housing that we have affects everything — from