Tag: business news

Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and ...

Microsoft to spend billion on second Wisconsin data center

Microsoft to spend $4 billion on second Wisconsin data center

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Microsoft's first data center in Mount Pleasant, Wisconsin.MicrosoftRACINE, Wis. — Microsoft said Thursday that it will spend $4 billion to ...

Huawei touts ‘world’s most powerful’ AI chip cluster as Nvidia’s China challenges mount

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A person walks past a display of an Atlas 900 AI cluster at the Huawei stand during the World Artificial ...

AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

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Nscale, the UK-headquartered AI infrastructure provider.Courtesy: NscaleTwo years ago, Nscale was a brand new startup in the U.K. that had ...

Spirit CEO says struggling airline will slash flights, braces employees for more job cuts

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A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in ...

Netskope prices IPO at , valuing company at .3 billion

Netskope prices IPO at $19, valuing company at $7.3 billion

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Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesCybersecurity company Netskope is eying a $7.3 billion valuation after pricing ...

Here are five key takeaways from the Fed’s big interest rate decision

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U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the ...

StubHub’s stock opens at .35 in NYSE debut after ticket seller’s long-awaited IPO

StubHub’s stock opens at $25.35 in NYSE debut after ticket seller’s long-awaited IPO

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Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New ...

China keeps tight grip on rare earths, costing at least one company ‘millions of euros’

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Mineral explorers hoping to meet the growing demand for rare earths are vying for a slice of nearly $1 billion ...

OpenAI releases first-of-kind study revealing how people are using ChatGPT for everyday tasks

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