Republicans vote down Dems' push to overturn Trump's energy emergency declaration

Senate Republicans on Wednesday rejected their Democratic colleagues’ effort to overturn President Trump’s decisionenergy emergency declaration, The proposal was unlikely to ever become law, but it came as a messaging tool for Democrats who oppose the Trump administration’s energy agenda, which includes largely promoting fossil fuel and nuclear power while blocking renewable energy. “President Trump…

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Thursday, October 9, Nikkei 225, ASX

Asia-Pacific markets were set to open higher Thursday, tracking Wall Street gains as investors shrugged off concerns of an artificial intelligence bubble. Nvidia shares advanced Wednesday stateside after CEO Jensen Huang said that demand for AI computing is “substantially” up in the last six months. Stocks of CoreWeave also jumped after the AI cloud provider…

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Stanford football receives $50M donation from former player

The Stanford football program received a $50 million gift from a former player, the school announced Wednesday, a significant donation as it attempts to revive the program’s fortunes under general manager Andrew Luck. It is the largest individual gift other than facilities in Stanford football history, and an unusually large gift for an individual program….

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CoreWeave CEO pushes back against circular investment concerns

In a interview Wednesday with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator brushed off concerns that the company’s deals with other artificial intelligence giants are circular investments, saying such a narrative is “fundamentally flawed.” “The reality of the situation is, really large, really important technology companies across the space are buying infrastructure to deliver it…

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