Author: usaeverydaylife

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesABILENE, Texas — Sam Altman stood on a patch of hot Texas dirt, the kind that turns to dust storms on dry days and mud slicks after a sudden rain. Behind him stretched the outlines of what will soon be a massive data center complex in the west-central part of the state, where heavy wind often meets extreme heat.It was a fitting backdrop for the OpenAI CEO…

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Boeing may be on the verge of getting a massive order from China as a byproduct of President Donald Trump ‘s push for a broad trade deal between Washington and Beijing. This was exactly why we initiated a position in the U.S. aircraft maker earlier this month. Jim Cramer has been saying for months now that countries looking to reduce trade deficits with the U.S. can buy Boeing planes. And, they have been. The news Shares on Tuesday gained more than 1% on reports that the U.S. and China are in the final stages of negotiations for a massive order…

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Ryan W. Routh, suspected of attempting to assassinate Republican presidential nominee and former U.S. President Donald Trump at his West Palm Beach golf course, stands handcuffed after his arrest during a traffic stop near Palm City, Florida, U.S., September 15, 2024.Martin County Sheriff’s Office | Via ReutersThe trial of Ryan Wesley Routh came to a dramatic end Tuesday when he started stabbing himself in the neck with a pen after a Florida jury found him guilty of attempting to assassinate Donald Trump last year on a golf course.After just two-and-half hours of deliberations, the panel also found Routh guilty of…

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Japanese equities are extending record highs, fueled by steady inflows from foreign investors and governance reforms. However, risks remain — from political instability to a potential yen spike or U.S. market downturn — but analysts say such shocks are more likely to trigger buying opportunities than end the rally. The Nikkei 225 and broader Topix indexes slipped after the Bank of Japan’s surprise decision last Friday to start selling its massive ETF holdings, but shares quickly rebounded. While the rally looks long in the tooth for some investors, analysts argue that the momentum for Japanese stocks rests on solid foundations — and has further room…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGil Luria, D.A. Davidson managing director, joins ‘Fast Money’ to discuss the disparity between major players like Microsoft, Amazon, and Google, with low borrowing costs and high returns, versus incremental players such as Oracle, which face higher costs of capital and lower returns, raising concerns about value destruction, and more. Source link

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether are little changed after a pullback to start the week. Plus, JPMorgan CEO Jamie Dimon says stablecoins don’t pose a threat to banks. And, Santiago Roel Santos of Inversion breaks down where crypto is going in Q4.10:59Tue, Sep 23 20253:12 PM EDT Source link

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The steel frame of data centers under construction during a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the brims with Oracle and Nvidia infrastructure — did so just as investors started questioning the sustainability of the artificial intelligence firm’s trajectory.Shares of Nvidia and Oracle, the major players in OpenAI’s push to establish data centers that are essentially the heart of ChatGPT, fell Tuesday. Their moves were all the starker when…

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Traders work on the floor of the New York Stock Exchange. NYSEStock futures were little changed Tuesday night after the S&P 500 pulled back from record levels, snapping a three-day winning streak.Futures tied to the Dow Jones Industrial Average edged up 18 points, or 0.04%. S&P futures were 0.06% higher, while Nasdaq 100 futures rose 0.09%.In after-hours trading, shares of Micron Technology gained more than 2% on the back of better-than-expected earnings and a strong forecast. The artificial intelligence boom fueled a 46% increase in Micron revenue.The leading memory chipmaker’s results follow a trading session that was dominated by heightened…

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