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Business

Nvidia, AMD and chip stocks rebound sharply — but is relief from the ‘violent’ selloff only temporary?

Chip stocks staged a sharp rebound after a punishing stretch of selling. Nvidia and AMD both recovered ground as investors returned to the sector. The...

Data centers are built on debt—bond markets buckled this year, and the strain is only going to intensify

Data centers have become heavily dependent on debt financing to fuel their rapid expansion. That reliance created turbulence in the bond market this year....
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Elon Musk Signals SpaceX Could Make a Major Telecom Acquisition

Elon Musk has signaled that SpaceX could pursue a major acquisition. The company is preparing to compete directly with...

Tech Stocks Rebound Modestly as Anthropic Weighs IPO Pullback and Cybertruck Production Ends

Tech stocks climbed on Tuesday, recovering part of the losses suffered in the previous session. The rebound followed a...

The Midterm Shock That Pushed the AI Trade to the Breaking Point

A wild week in markets pushed AI investors to the edge. Democrats’ midterm victories supercharged anxieties that had been...

Pacific Power Seeks 57% Rate Hike in California, Raising Bills by $120 a Month

Pacific Power has asked California regulators to approve a 57% rate increase. The request would raise the typical residential...

Hegseth Faces Impeachment Effort and Bipartisan Scrutiny After Midterm Elections

A new impeachment effort is targeting Defense Secretary Pete Hegseth following the midterm elections. The push signals a difficult...

Trump Elevates Stephen Miller to Chief of Staff in White House Shake-Up

Stephen Miller will become White House chief of staff, replacing Susie Wiles, according to an announcement from the president. Miller...