Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:57
Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:53
Nasdaq 100 Reshuffle Adds Twist to $2.4 Trillion Options Event
An out-of-cycle rebalance in the Nasdaq 100 is adding another layer of wrinkles to stock trading with a
2023-07-21 03:46
Billionaire Jeff Yass Gives $10 Million to Group Seeking Trump Alternative
Billionaire Jeff Yass donated $10 million to the super PAC arm of Club for Growth, a pro-business, anti-tax
2023-07-21 03:18
Stock Optimism Among Retail Crowd Surges Before Rally Stalls
Just before US stocks faltered on Thursday, the level of optimism among retail traders soared to the highest
2023-07-21 02:18
Fed Debuts New Payments Network to Speed Up US Money Movement
The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks
2023-07-21 02:17
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least
2023-07-21 01:58
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:24
Jefferies Says Banks Are Failing to Price in Water Risk
As extreme heat dominates news headlines, the gate-keepers of global capital are failing to keep pace with a
2023-07-20 23:55
US Worker Confidence Rebounds as Recession Fears Recede
After months of a steady drumbeat of recession warnings, US workers are seeing glimmers of hope. According to
2023-07-20 23:54
Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey
Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends
2023-07-20 17:25
Tesla Sinks as Musk Warns of More Blows to Profitability
Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its already-shrinking profitability.
2023-07-20 16:19