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AI computing provider CoreWeave topped analysts’ estimates with quarterly results and boosted its annual forecast, easing investor concerns about the debt-laden business suffering a slowdown.
@BrodyFord_ reports
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House Republicans elected hardline Ohio Representative Jim Jordan to be the party’s leader in the next Congress.
New York Rep. Nick LaLota joined "Balance of Power" to discuss where the GOP is headed
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Gil Luria, D.A Davidson technology research head, says CoreWeave's earnings are "very good," and there's not enough compute power to go around
Gil Luria, D.A Davidson technology research head, says CoreWeave's earnings are "very good," and there's not enough compute power to go around
Federal Reserve Governor Michelle Bowman said she sees a number of risks to economic activity from financial markets, including a sharp downturn in stock prices if returns on investments in artificial intelligence fall short of expectations
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Top lawmakers in the US House want to hear directly from Nvidia CEO Jensen Huang about his relationship with Megaspeed's Alice Huang, an alleged Chinese spy.
Brian Mast, chair of the House Foreign Affairs Committee, told ABC he may subpoena the Nvidia CEO. Megan Scully reports
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The Financial Times reports that the Commerce Department is delaying efforts to add MagSpeed to the US trade blacklist, despite Treasury and Pentagon support for the move.
Michael Shepard reports
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"The blockchain was not hacked," says Securitize CEO Carlos Domingo discussing the recent historic Binance $6.3 billion heist
Paraguay was supposed to be South America’s safe bet, with fast growth, low inflation and the confidence of international investors. So how did the collapse of Ueno Bank turn into a national crisis?
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The scrutiny surrounding Nvidia CEO Jensen Huang is moving to Washington.
Foundation for American Innovation’s Ryan Fedasiuk says the episode could intensify calls in Congress for tougher oversight of advanced US chips flowing to China
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Anthropic is taking its $1.4 trillion valuation to Wall Street.
Bloomberg’s Bailey Lipschultz and Rachel Metz break down demand for the blockbuster IPO
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Republican Representative Troy Downing said the Hegseth impeachment effort in Congress sets a "horrible precedent that’s going to disable any administration in the White House moving forward"
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The wait is almost over. Grand Theft Auto VI is set to come out on November 19.
It's expected to be one of the most lucrative entertainment releases ever. Pre-orders are already at "unprecedented levels"
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Milwaukee Bucks President Josh Glessing says AI wealth isn’t driving sports valuations yet, but that could change as more liquidity is unlocked in the sector.
For now, he says rising team values are largely a matter of supply and demand: there are more billionaires competing for the same limited number of sports franchises
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Chevron has operated in Venezuela for over a century, and has recently ramped up production through joint ventures with state-owned oil companies.
CFO Eimear Bonner and CEO Mike Wirth explain how the company came to a new agreement that will double its Venezuelan output over the next five years. Tune into this episode of Chief Future Officer Wednesday at 9:30 pm ET
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Jensen Huang spent decades building Nvidia. Now, he’s embroiled in a scandal after admitting to an affair with a woman who US intelligence reportedly suspect was spying for China, throwing into turmoil a company at the center of the US-China AI chip battle. Here’s why
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European Central Bank Governing Council member and Bundesbank President Joachim Nagel said there’s a strong case to raise interest rates next month and to start constricting the economy to tame inflation
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"It remains clear to me, given the current outlook, that the FOMC needs to implement at least two more 25-basis-point rate increases," Federal Reserve Bank of Dallas President Lorie Logan says during a conference in Houston
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Amazon’s Ring unit debuted a flying home security drone more than six years after first announcing the product, marking the brand’s belated entrance into the robotics segment. @chriswelch got an early look at the device that ships in January
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October consumer prices rose 0.4% month over month, above the 0.3% estimate, while core CPI increased 0.3%, exceeding the 0.2% forecast, and matching the level Chris Waller had said could prompt a stronger policy response.
Michael McKee reports
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