Tag: Business
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Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby’s auction
The high price for the garment is a sign that collectors are looking to bid on artifacts and collectibles from the artificial intelligence boom.
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Meta, Anthropic in talks for potential $10 billion compute lease deal, source says
July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid…
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Trump Media pitched $100,000 monthly fee for fastest feed of US president’s posts, sources say
NEW YORK, July 17 : Donald Trump’s social media company has discussed charging Wall Street traders and investment firms as much as $100,000 a month for faster access to the U.S. president’s posts on his Truth Social platform, according to people familiar with the matter.Trump Media & Technology Group, which
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Clover Health says employee accounts accessed in cyber incident
July 17 : Clover Health Investments said in a regulatory filing on Friday that it detected unusual login activity on some of its information systems on July 4 and later found a hacker had gained access to three employee accounts through social engineering.• The health insurer said the affected accounts belo
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Chip stock pullback sparks worries about AI rally strength, leveraged trades
July 17 : A brutal week for chip stocks — the same names that fueled this year’s blistering market rally — has left investors from Seoul to Silicon Valley asking whether the AI boom became over-leveraged and got ahead of itself.Investors from Asia to Europe pulled back from AI-exposed stocks and so-called
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Dollar holds steady on safe-haven demand, ends down on the week
NEW YORK, July 17 : The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve. Iran and the United States exchanged intensifying fire in a week-long escalation that has largely unravelled last month’s truce, s
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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports
July 17 : Elon Musk’s SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter.Such an agreement would extend the Pentagon’s existing relation
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A strong start to earnings season will be put to the test next week
Next week’s Alphabet and Tesla earnings will give some idea of where the semis go next.
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France blocks access to Polymarket website
PARIS, July 17 : France has blocked access to the Polymarket betting website, the country’s gambling regulator said on Friday, citing concerns it could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.”On July 16, 2026, the president of France’s Nat
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Trump Media pitched $100,000 monthly fee for fast feed of US president’s posts, FT reports
July 17 : Donald Trump’s social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the U.S. president’s posts on his Truth Social platform, the Financial Times reported on Friday.Trump Media & Technology Group did not immediately respond to a Reuters re
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