SpaceX seeks FCC nod for solar-powered satellite data centers for AI
WASHINGTON, Jan 31 – Elon Musk’s SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth…
Wall St mixed as markets assess commodity selloff, earnings
By Pranav Kashyap and Twesha Dikshit Feb 2 (Reuters) – The S&P 500 and the Nasdaq seesawed between gains and…
Oracle says it plans to raise up to $50 billion in debt and equity this year
(Corrects paragraph 7 to reflect that Oracle was sued in January, not earlier this month) Feb 1 (Reuters) – Oracle…
Sandisk surges as robust AI demand powers blowout forecast
Jan 30 (Reuters) – Sandisk shares rallied on Friday, after the data storage firm projected third-quarter profit and revenue well…
Verizon forecasts upbeat annual profit as wireless subscriber growth hits six-year high
By Harshita Mary Varghese Jan 30 (Reuters) – Verizon forecast annual profit and free cash flow above market expectations on…
Trump says Fed nominee Warsh could garner Democratic support
By Trevor Hunnicutt ABOARD AIR FORCE ONE, Jan 31 (Reuters) – U.S. President Donald Trump said he thinks Kevin Warsh,…
Exxon says it has the technology needed for Venezuela’s high-cost crude
By Sheila Dang and Arunima Kumar Jan 30 (Reuters) – Exxon Mobil CEO Darren Woods told analysts on Friday that…
US judge signals Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets
By Jonathan Stempel Jan 30 (Reuters) – A federal judge signaled on Friday she may dismiss a lawsuit by Elon…
Nvidia CEO Huang denies he is unhappy with OpenAI, says ‘huge’ investment planned
TAIPEI, Jan 31 (Reuters) – Nvidia plans to make a “huge” investment into OpenAI, probably its largest ever, CEO Jensen…
Oil holds near six-month high as investors track US-Iran tensions
By Seher Dareen LONDON, Jan 30 (Reuters) – Oil prices consolidated their recent gains and held near six- month highs…