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Fast food, faster charging? BYD and KFC China collaborate to offer 9-minute refueling stations
Stocks News

Fast food, faster charging? BYD and KFC China collaborate to offer 9-minute refueling stations

BYD revealed Wednesday a partnership with KFC to develop a network of “nine-minute,” one-stop drive-thru locations in China. These drive-thrus will allow users to consume…
Baseball fan? Here's how to get MLB tickets with a Capital One credit card
Stocks News

Baseball fan? Here's how to get MLB tickets with a Capital One credit card

Spring is here, and with it comes the start of baseball season. If you’re a Capital One credit card holder looking to enjoy a major league baseball game this year, there are several perks you should know about. Capital One became the official credit card partner of the MLB in 2022 and, in doing so, […]

Melania Trump blasts claims about Jeffrey Epstein and her
Stocks News

Melania Trump blasts claims about Jeffrey Epstein and her

First lady Melania Trump, in scathing comments Thursday, blasted what she described as an array of false claims about her and notorious sex offender Jeffrey Epstein. “I am not Epstein’s victim,” Melania Trump remarked. “Epstein did not introduce me to Donald Trump.” The first lady ended her statement by calling on Congress to give “women […]

Cramer explains the divergence in tech stocks – and why software may continue to lag
Stocks News

Cramer explains the divergence in tech stocks – and why software may continue to lag

CNBC’s Jim Cramer stated the procure hardware, auction software trade has returned in full force. He argued that companies who are “killing it” are the ones that underpin the development of data centers and AI infrastructure. CNBC’s Jim Cramer on Thursday marveled at the divergent fates of digital systems stocks — the hardware winners and […]

Trump says Iran 'better stop now' if it's charging oil tankers fees to go through Strait of Hormuz
Stocks News

Trump says Iran 'better stop now' if it's charging oil tankers fees to go through Strait of Hormuz

President Donald Trump noted that Iran “better stop now” if it’s charging fees to oil tankers passing through the Strait of Hormuz. This also touches on aspects of bull market. Trump’s warning in a Truth Social post put even more strain on the fragile ceasefire between the U.S. and Iran less than two days after […]

OpenAI slams Anthropic in memo to shareholders as its leading AI rival gains momentum
Stocks News

OpenAI slams Anthropic in memo to shareholders as its leading AI rival gains momentum

OpenAI sent a memo to investors this week blasting chief rival Anthropic for “operating on a meaningfully smaller curve.” OpenAI mentioned it’s planning to have 30 gigawatts of compute by 2030, while it expects Anthropic to have roughly 7 to 8 gigawatts by the end of 2027. Anthropic proclaimed a powerful recent model this week […]

Fast Retailing shares soar to record high after the Uniqlo owner lifts income forecast
Stocks News

Fast Retailing shares soar to record high after the Uniqlo owner lifts income forecast

Business now sees operating gains at 700 billion yen, up from prior 650 billion yen guidance. Fast Retailing shares surged more than 9% to a record high on Friday after the Japanese parent of Uniqlo lifted its annual outlook and as robust international growth boosted its quarterly income. Reflecting the stronger first-half performance and favorable […]

Alibaba leads $290 million investment for building a recent kind of AI model as LLM limits emerge
Stocks News

Alibaba leads $290 million investment for building a recent kind of AI model as LLM limits emerge

Alibaba Cloud has led a 2 billion yuan investment into ShengShu, the startup behind the AI video generation tool Vidu. The fundraiser aims to move beyond text-based AI toward real-world simulation tech. That’s a different kind of AI than what underpins chatbots, and one required to advance robotics. BEIJING — Alibaba Cloud is investing in […]

Kevin Warsh Fed chair confirmation plan hits snag as nomination hearing is delayed
Stocks News

Kevin Warsh Fed chair confirmation plan hits snag as nomination hearing is delayed

A Senate hearing for Federal Reserve chair nominee Kevin Warsh won’t be held next week as planned. The committee set to hear Warsh’s nomination hasn’t received the paperwork that it needs with enough time to schedule the hearing, the public familiar with the matter told CNBC. The Trump administration is hoping to get Warsh to […]

China factory prices return to growth after 3 years, beating expectations on surging oil prices
Stocks News

China factory prices return to growth after 3 years, beating expectations on surging oil prices

China’s factory-gate prices rose for the first time in more than three years, climbing 0.5%. Consumer prices rose 1% in March from a year earlier, missing economists’ forecast. Gasoline prices jumped 11.1% from the prior month, even as Beijing sought to cap the fuel price hikes. Economists warned that input-cost shock could spark “bad inflation” […]

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