DETROIT — General Motors has reached a unique, multibillion-dollar parts deal as it aims to preserve cash and prevent supply chain disruptions like ones that have hit the global automotive industry this decade. In a public filing Tuesday, GM said the up to $4.5 billion purchasing facility includes a company called Procura Auto Parts that…
CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares jumped 13% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations. Here’s how the company did…
Nvidia CEO Jensen Huang speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Jensen Huang built the world’s most valuable company by pioneering the specialized computer chips behind the artificial intelligence boom. To keep his vision for the…
Cardinal Health on Tuesday showed why the healthcare distributor belongs in our portfolio, delivering robust full-year earnings guidance that trumped some imperfections in the final quarter of its fiscal 2026. Revenue for the three months ending June 30 increased nearly 6% year over year to $63.67 billion, missing expectations of $65.03 billion, according to LSEG….
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026. Tom Brenner | Bloomberg | Getty Images LOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los…
Cheng Xin | Getty Images News | Getty Images Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic, CNBC’s David Faber has confirmed. The agreement would lease 191 megawatts at Riot’s Rockdale, Texas computer campus, giving Anthropic access to scarce, grid-connected power as demand surges for computing power that can…
Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 20, 2023. Eric Gaillard | Reuters Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shakeups at the artificial intelligence company. Lightcap joined OpenAI…
Oil prices rose Tuesday after an Iranian official said the Strait of Hormuz will not reopen until Tehran’s conditions are met. U.S. West Texas Intermediate futures were 1.4% higher at $83.27 per barrel by 11:53 a.m. ET. Brent crude, the international benchmark, was up 1.3% at $88.85 per barrel. The secretary of Iran’s Supreme National Security Council…
Wisconsin Democratic Gubernatorial candidate Francesca Hong speaks during a campaign rally on August 2, 2026 in Milwaukee, Wisconsin. Joshua Lott | Getty Images Progressives and moderates will face off again in Tuesday’s Democratic primary elections in Wisconsin and Minnesota as the party decides whether to lurch further to the left or chart toward the middle…
US President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, DC, US, on Wednesday, Jan. 28, 2026. Valerie Plesch | Bloomberg | Getty Images The U.S. Treasury Department and IRS proposed regulations this week on how employers and employees can fund Trump Accounts, the new tax-deferred investing option for children. The proposed regulations…
