AI boom in data centers has top tech companies spending more than major oil companies on capex
Four biggest tech ‘hyperscale’ cloud companies expected to spend almost $200 billion annually in 2025
Target saw strong foot traffic in 2023 but a sharp dip in January, research says
Target Corp., which reports its fourth-quarter results on Tuesday morning, enjoyed strong foot traffic to its…
Why is Elon Musk suing Open AI and Sam Altman? In a word: Microsoft.
Potential ramifications extend far beyond the courtroom.
Investor group raises Macy’s buyout bid by nearly $1 billion
Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $1 billion,…
Taylor Swift, ‘3 Body Problem,’ ‘Shōgun’ highlight a blockbuster March for streaming
From ‘Road House’ to March Madness, here’s what’s worth streaming this month
OPEC+ extends oil-production cuts, signaling no rush to restore lost volume
OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia,…
February job report and Powell’s visit to Capitol Hill are on investors’ radar this week
It is a crucial week for economists and investors as key economic data will be released,…
America, stop criticizing Oprah for her newfound success with weight-loss medication
Oprah Winfrey has faced backlash since announcing she’s taken a weight-loss medication.
Stock rally, rate-cut forecasts face test from Powell testimony and jobs report
A four-month-long stock rally may be tested by a pair of big events in the week…
Super Micro, Deckers to join S&P 500, replacing Whirlpool, Zions Bancorp
Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P…
Car sales climb 5.4% and offer fresh proof of strong economy
Sales of new cars and trucks in the U.S. rose 5.4% in February, rebounding from a…
Boeing confirms talks with Spirit AeroSystems as it aims to ‘improve quality’
Boeing Co. late Friday confirmed talks about buying supplier Spirit AeroSystems Holdings Inc., saying such a…