The Federal Reserve gave Wall Street a reality check this week, but the S & P 500 refused to let go of its back-to-back weekly wins. Positive war developments paved the way. The S & P 500 jumped 1.1% on Thursday as investors brushed off monetary policy concerns from the session before, which caused a…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) NetJets’ first fatal crash kills influential Texas VC founder NetJets says it will not speculate on what caused one of its planes to crash onto…
SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on…
A man talks on his phone walks past a Jio store in Mumbai, India, 22 March, 2023. Reliance Jio rolls Out 5G Services in 41 More Cities, Network Now Live in 406 Cities in India according to an Indian media report. Nurphoto | Nurphoto | Getty Images Billionaire Mukesh Ambani’s Jio Platforms, India’s largest wireless…
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo is recalling almost 3,900 robotaxis in the U.S. to fix software issues after some cars drove into freeway construction zones, according to notices filed with the National Highway Traffic Safety Administration. The…
Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. LeCun’s comments renew a long-running spat with Musk and cast doubt over…
Samuel Boivin | Nurphoto | Getty Images Google’s vice president of engineering and a co-lead of its Gemini AI models Noam Shazeer announced Wednesday that he was leaving the company to join OpenAI. “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there,” Shazeer said in…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. While the U.S. and China have been racing to develop a sovereign artificial intelligence stack, India was confident of making its mark by building…
Chiefs of the world’s leading AI companies are descending on the G7 conference in France Wednesday, in a sign of their growing geopolitical influence as artificial intelligence rises to the top of the global agenda. CEOs including OpenAI’s Sam Altman, Anthropic’s Dario Amodei, Google DeepMind’s Demis Hassabis, alongside around a dozen other tech leaders, will…
Nikolas Kokovlis | Nurphoto | Getty Images With SpaceX‘s stock rocketing during its first three days of trading, Elon Musk’s company is getting an assist from the Department of Justice, which asked a federal court in Mississippi to toss a case against the company brought by the NAACP. The suit was filed in April by…
