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Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports
Reuters1h agoneutral
Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

Nvidia is in talks ‌to invest as ‌much as $3 billion in SB ​Energy, a subsidiary of SoftBank Group and developer of a massive ‌planned ⁠Ohio data center project for OpenAI, ⁠the Information reported on Saturday, citing people ​familiar with ​the ​discussions. The investment ‌is being discussed as part of Nvidia’s negotiations with OpenAI and SB Energy over the ‌chip company ​providing around $100 ​billion ​in credit support ‌for the planned ​Ohio ​data center campus, the report said.

Is Iovance Biotherapeutics (IOVA) Undervalued As Q2 Earnings Reaffirm Revenue Guidance?
Simply Wall St.4h agoneutral
Is Iovance Biotherapeutics (IOVA) Undervalued As Q2 Earnings Reaffirm Revenue Guidance?

Why Iovance Biotherapeutics stock is back in focus after Q2 earnings Iovance Biotherapeutics (IOVA) is back on investor radars after its second quarter 2026 earnings. The company reported higher revenue and a reduced net loss, and it reaffirmed full year revenue guidance. The quarter was driven by Amtagvi and Proleukin sales, and by progress across Iovance Biotherapeutics pipeline programs, including new regulatory approvals and Fast Track designations for lifileucel in certain soft tissue...

FedEx closes more U.S. locations as it changes how packages move
TheStreet4h agoneutral
FedEx closes more U.S. locations as it changes how packages move

For decades, FedEx built out one of the country's largest delivery networks as Americans sent and ordered more packages. Now the delivery giant is rebuilding parts of that network from the inside out. Facilities that once operated separately are being combined, routes have been redesigned, and some ...

209-year-old bank reveals XRP holdings
TheStreet4h agoneutral
209-year-old bank reveals XRP holdings

After the National Bank of Canada, another major Canadian bank has revealed XRP holdings. The Bank of Montreal (NYSE: BMO) is a Canadian multinational investment bank and financial services company. It was founded in Montreal, Quebec, in 1817 as Montreal Bank. With 209 years of history, the ...

Inflation Is Cooling. But is 2% Out of Reach?
Bloomberg8h agoneutralVIDEO
Inflation Is Cooling. But is 2% Out of Reach?

BlackRock's Rick Rieder says the latest CPI report gave markets reason to celebrate, but inflation remains above the Fed's 2% target. He argues the economy is now "in the ballpark" and that raising overnight rates may not be the most effective way to bring inflation lower. The bigger issue for markets may be the long end of the yield curve, where fiscal deficits, heavy treasury issuance and AI-related financing push real rates higher.

A $72 billion forecast just raised the stakes for the AI trade
TheStreet8h agoneutral
A $72 billion forecast just raised the stakes for the AI trade

In the midst of all the discussion about whether the artificial intelligence boom is getting too pricey, Super Micro Computer (SMCI) just revealed a number that’s difficult to ignore. The AI server specialist expectsfiscal 2027 revenue of $65 billion to $72 billion, dramatically above the $52.5 ...

Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion
24/7 Wall St.11h agoneutral
Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion

Sam Walton made one early financial move with his family business that the IRS still allows today, and it quietly kept hundreds of billions of dollars out of reach of federal estate taxes for generations. Most families with appreciating assets never realize the same window is open to them right now.

Is QXO (QXO) Undervalued Following Earnings And The TopBuild Acquisition?
Simply Wall St.12h agoneutral
Is QXO (QXO) Undervalued Following Earnings And The TopBuild Acquisition?

QXO earnings and recent performance QXO (QXO) reported second quarter 2026 results on August 13, with sales of US$3.25b and a net loss of US$55m. Six month sales reached US$4.98b, with a net loss of US$282m. See our latest analysis for QXO. QXO's share price has come under pressure despite the recent earnings report and the completion of the TopBuild acquisition, with the stock down 10% over the past week and recording a 26% year to date share price decline and a 5 year total shareholder...

5 Must-Read Analyst Questions From Unity’s Q2 Earnings Call
StockStory14h agoneutral
5 Must-Read Analyst Questions From Unity’s Q2 Earnings Call

Unity’s second quarter results were marked by robust revenue growth and significant margin improvement, triggering a notable positive market response. Management cited the rapid adoption of its Vector AI-powered ad platform and a suite of product enhancements as primary drivers of performance. CEO Matthew Bromberg emphasized the impact of integrating runtime data and noted, “Our astounding performance is fueling a 63% year-over-year increase in our Strategic Grow business.” The company’s renewed

‘Big Short’ investor warns AI boom has quiet weak spot
TheStreet18h agoneutral
‘Big Short’ investor warns AI boom has quiet weak spot

The artificial-intelligence boom is sold to investors as one of the broadest technology shifts in decades. And a shockingly substantial part of the answer may lie with just two corporations, says Steve Eisman. The investor best known for betting against the U.S. housing market before the financial ...

Why Is Tether Looking Like a Central Bank?
Barrons.com21h agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Reuters21h agoneutral
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports

Nvidia has downsized ‌plans for ‌a $250 billion guarantee for ​an OpenAI data center, the Wall Street Journal ‌reported on ⁠Friday, citing people familiar with ⁠the matter. The revised plan ​would lower ​Nvidia's ​financial guarantee ‌to less than $120 billion to address investor concerns about risk for ‌the OpenAI ​data center, ​according ​to the ‌report. Reuters could not ​immediately ​verify the report.

Investing.com21h agoneutral
Why AI is unlikely to be an apocalypse for jobs

Investing.com -- Artificial intelligence is more likely to replace individual tasks than entire occupations, limiting the risk of widespread job destruction, BofA Global Research said in a report examining employment across 206 US industries.