UBS Highlights Top AI Data-Center Power Semiconductor Stocks. Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuKey PointsAmazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.What happenedFGGNRCAMZNFollow…
Why an escalating Saudi oil crisis could drive up prices everywhere
Why an escalating Saudi oil crisis could drive up prices everywhere. Image source, Bloomberg via Getty ImagesByBen ChuPolicy and analysis correspondent, BBC VerifyPublished6 hours agoGlobal energy prices have spiked alarmingly again, driven largely in recent days by the escalating conflict between Yemen's…
Analysis: How Trump could reignite the Fed independence fight after Warsh’s rate hike
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike. The vote renews attention on the relationship between the White House and the independent central bank. watch nowVIDEO0:4000:40How the White House could respond to Wednesday's rate hikePower LunchChairman Kevin…
Small but mighty! Remembering the GameCube, Nintendo’s purple bundle of joy
Small but mighty! Remembering the GameCube, Nintendo’s purple bundle of joy. Remembering the GameCube, Nintendo’s purple bundle of joyThe first console I ever bought, it was hyped as a threat to the PlayStation, then mocked as a flop.What happenedThe first console I…
OpenAI investors have approached the company about a new funding round
OpenAI investors have approached the company about a new funding round. Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuKey PointsOpenAI investors have approached the company with proposals to kickstart a new funding round, multiple sources told CNBC.What happenedMatt Ramey | Afp | Getty ImagesOpenAI investors…
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher. Davis Paul Morris | Bloomberg | Getty ImagesFast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to…
Tropical Smoothie Cafe is getting a makeover as it prepares for its ‘next 3,000’ locations
Tropical Smoothie Cafe is getting a makeover as it prepares for its 'next 3,000' locations. Source: Tropical Smoothie CafeTropical Smoothie Cafe on Wednesday unveiled a new look as the restaurant chain prepares to continue its streak of rapid growth under Blackstone's ownership.What…
UK inflation jumps to 3. 1% as energy costs soar
UK inflation jumps to 3. 1% as energy costs soar. K. is still grappling with a cost-of-living crisis sparked by post-pandemic inflation and surging energy costs that arose in the wake of Russia's full-scale invasion of Ukraine in 2022.What happenedMotor fuel costs…
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household. Rising oil prices and Treasury yields are lifting energy and borrowing costs for U. S. households, pushing consumers to draw more heavily on…
Big digital energy CEO Phil Stanley’s PM squared buys $13,140 shares
Big digital energy CEO Phil Stanley’s PM squared buys $13,140 shares. Has he glimpsed digital consciousness – or simply been seduced by an algorithm?What happenedThat turns out to be one of the defining questions of this century, already preoccupying philosophers and some…