Amazon
TikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix
As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up.
Blackrock
Nasdaq to open Texas headquarters as companies relocate to state
Nasdaq said it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub rivaling New York.
Adam Turnquist
As US chip darlings struggle, some bet on software as next big AI play
Chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far this year.
AI
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
$500 billion
Trump Announces $500B AI Infrastructure Project Investment
President Donald Trump has announced a $500 billion artificial intelligence (AI) infrastructure project investment.
Amazon
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
Elon Musk’s net worth crossed $400 billion, boosted by a nearly 71% surge in the automaker’s shares this year and the soaring valuation of his rocket company SpaceX.
Alphabet
TikTok disputes US claims on China ties in court appeal
TikTok told a federal appeals court on Thursday that the U.S. Department of Justice has misstated the social media app’s ties to China.
Business
Chevron Moving Headquarters From California To Texas
Oil titan Chevron announced on Friday that they are moving its headquarters from San Ramon, California to Houston, Texas.
AI
Musk’s xAI set to launch first AI model to select group
Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday.