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AI Stocks Rebound After Brutal Week for Nasdaq
The tech-heavy Nasdaq is reversing some of Thursday’s historic losses. The Dow, on the other hand, is about flat on the day after paring morning losses.
Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says
San Francisco Fed President Mary Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances
Data center double-down: Hassett says blue wave won't stop AI build-out
Data centers are a crucial part of President Donald Trump's push to win the global artificial intelligence race, which he continues despite the midterm results.
Gold Slumps As Inflation Concerns Return Due To Continuing U.S.-Iran Standoff
(RTTNews) - Gold prices have moved sharply lower on Friday, partly erasing two sessions of gains, as concerns of inflation returned to markets as U.S. moves on Iran remain…
Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain
Microsoft is winding down the number of neoclouds it counts as partners, picking key suppliers and focusing on its own data centers.
Regis Resources reports fatal accident at Duketon South gold operation in Western Australia
Operations at Duketon have been temporarily suspended and the incident is under investigation.
The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%
Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next.
Anthropic lines up UK retail offer as AI stocks wobble
Analysts warn demand may be dented by the SpaceX slide
U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1%
Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.