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NAACP sues Elon Musk's xAI over Memphis data center air pollution
Stocks News

NAACP sues Elon Musk's xAI over Memphis data center air pollution

NAACP sued Elon Musk’s xAI, alleging Clean Air Act violations from the company’s employ of natural gas-burning turbines to power its data centers. XAI is building out its data infrastructure primarily around Memphis as it races to compete in the booming AI marketplace against OpenAI, Anthropic and Google. The company’s Colossus 1 and 2 data […]

Stock futures are little changed as S&P 500 approaches its all-time high: Live updates
Stocks News

Stock futures are little changed as S&P 500 approaches its all-time high: Live updates

U.S. stock futures were little changed on Tuesday night as the S&P 500 ended the day’s regular session less than 1% from its all-time high. Futures tied to the broad economy index and Nasdaq 100 futures were last trading marginally lower. Dow Jones Industrial Average futures fell by 17 points, or less than 0.1%. This […]

Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board
Stocks News

Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board

Meta Platforms stated it agreed to deploy one gigawatt of custom artificial intelligence chips using Broadcom tech as part of a multi-gigawatt deal. Meta also remarked Broadcom’s CEO, Hock Tan, will leave the Meta board after two years of service. Meta and Broadcom on Tuesday declared a sweeping deal that extends an existing partnership between […]

Altman arson suspect Moreno-Gama suffered 'acute mental health crisis,' lawyer says
Stocks News

Altman arson suspect Moreno-Gama suffered 'acute mental health crisis,' lawyer says

Lawyers for Daniel Moreno-Gama mentioned he has a history of autism and suffered an “acute mental health crisis.” Moreno-Gama allegedly threw a lit Molotov cocktail at the driveway gate of OpenAI CEO Sam Altman’s home and threatened to burn down the company’s headquarters. Furthermore, experts in wall street note the continued relevance. The 20-year-old Texas […]

CNBC Points Pro: Which premium credit card makes sense for me?
Stocks News

CNBC Points Pro: Which premium credit card makes sense for me?

Welcome to the Points Pro, where I answer your travel rewards and credit cards questions each week. If you have a question you’d like answered, you can submit it here. This week, CNBC senior production manager Kathy asks: I am wondering which credit cards work best for a moderate traveling couple. We want to travel […]

Trump is blockading Iranian ports in the Persian Gulf. What does that mean?
Stocks News

Trump is blockading Iranian ports in the Persian Gulf. What does that mean?

The U.S. is blockading Iranian ports in the Persian Gulf in an attempt to choke the nation’s economy, which is heavily reliant on oil exports. The move comes as Iran has blockaded the Strait of Hormuz for weeks during the U.S.-Israeli war with the country, a bottleneck that roiled global markets and strained the economy. […]

Oracle expands Bloom Energy deal days after receiving $400 million stock warrant
Stocks News

Oracle expands Bloom Energy deal days after receiving $400 million stock warrant

Bloom Energy’s stock soared after hours on Monday, following news of an expanded deal to provide capacity to Oracle. The announcement came four days after Oracle was issued a warrant to purchase $400 million in Bloom Energy’s stock. Assuming Oracle exercises the warrant, its investment is already up by over $300 million. This also touches […]

CNBC's The China Connection newsletter: China's AI glasses have something Meta doesn't
Stocks News

CNBC's The China Connection newsletter: China's AI glasses have something Meta doesn't

A Rokid exec says teleprompting is a substantial driver for buyers of updated smart glasses. The brand’s latest AI display glasses are outselling a cheaper competing product from Alibaba. Both companies offer smart glasses with features the Meta Ray-Ban Display doesn’t have. This report is from this week’s CNBC’s The China Connection newsletter, which brings […]

Suspect in attack at Sam Altman's house aimed to kill OpenAI CEO, warned of humanity's extinction from AI
Stocks News

Suspect in attack at Sam Altman's house aimed to kill OpenAI CEO, warned of humanity's extinction from AI

A man accused of throwing a lit Molotov cocktail at the home of OpenAI CEO Sam Altman’s home last week is being charged with attempted murder, the San Francisco District Attorney commented. The suspect, Daniel Moreno-Gama, was motivated by hatred of AI software, according to a complaint. Officers recovered a document that detailed the suspect’s […]

Vance says 'the ball is in Iran's court' to move peace talks further, as U.S. blockade takes effect
Stocks News

Vance says 'the ball is in Iran's court' to move peace talks further, as U.S. blockade takes effect

Vice President JD Vance mentioned that it is up to Iran to build the next move on peace talks with the U.S. The comments came after Vance returned from unsuccessful negotiations with Iran in Islamabad. President Donald Trumpsaid the U.S. has startedĀ blocking shipsĀ from entering or exiting Iranian ports in theĀ Strait of Hormuz. Vice President JD […]

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