What's the deal? The info you need to know ahead o…
The events, players and storylines that would define the WSOP as poker’s premiere event will return to ESPN. Source link
Hugging Face’s CEO on why companies are done renting their AI
Open source AI is booming, according to hugging face ceo Clem Delangue. The company has evolved in recent years into something like a GitHub for AI, where AI builders can share and download open models and datasets, now used by nearly half the Fortune 500. DeLongue has seen the same story over and over again:…
Trump Account contributions will not trigger gift tax reporting
Contributions to Trump Accounts will not be subject to gift tax reporting under the safe harbor rules, according to guidance issued Monday by the U.S. Department of the Treasury and the Internal Revenue Service. As a result, parents, guardians, grandparents and others can contribute up to $5,000 a year in after-tax dollars to a Trump…
Nvidia’s top two mystery customers made up 39% of its Q2 revenue
Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmaker’s clientele. “Customer A” made up 23% of total revenue, and “Customer B” comprised 16% of total revenue, according to the company’s second-quarter filing with the…
Oil falls as easing Middle East tensions send Brent to its worst quarter since 2020
A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman, on June 21, 2026, as they prepare to transit through the critical Strait of Hormuz. Shady Alassar | Anadolu | Getty Images Oil prices fell on Wednesday as investors weighed signs of…
Google, Kairos Power plan advanced nuclear plant for Tennessee Valley Authority grid by 2030
Lenoir City, Tennessee, Electrical transmission equipment at the Fort Loudoun Dam, operated by the Tennessee Valley Authority. Jim West | UCG | Universal Images Group | Getty Images Alphabet’s Google and Kairos Power will deploy an advanced nuclear plant connected to the Tennessee Valley Authority’s electric grid by 2030, the companies announced Monday. TVA has…
Arm shares extend weekly rally to almost 50%, and Starbucks pulls the plug on an AI project
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are closing out Friday on a higher note, with the S & P 500 reapproaching 7,500 and on pace for its eighth straight week of gains….
OpenAI announces new Guaranteed Capacity offering for customers to secure compute
CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | Reuters OpenAI on Tuesday announced a new offering called Guaranteed Capacity, which allows customers to secure long-term access…
Fears erupt over Iran's desire to kill Trump
The reported new threat by Iran to assassinate President Trump served as a reminder this week of the risks the hardline Tehran regime poses to them, especially as a tenuous ceasefire between the US and Iran has broken down and hostilities have resumed. Reports emerged this week that Israel has shared intelligence with the US……
Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary…