US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. Julia Demaree Nikhinson | Afp | Getty Images The White House will host…
As the AI infrastructure buildout and global geopolitical developments spur massive spending, an old-guard sector of the economy is getting a level of attention from investors that rivals the action in tech. The industrials sector of the S&P 500 is trading at a price-to-earnings ratio above 30, a level investors more often associate with high fliers,…
SpaceX, Tesla and X CEO Elon Musk (R) and Google CEO Sundar Pichai attend the presidential inauguration of Donald Trump at the Rotunda of the US Capitol in Washington, on January 20, 2025. Trump takes office for his second non-consecutive term as the 47th president of the United States. Kevin Lamarque | Afp | Getty…
Federal Reserve Chairman Kevin Warsh testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen building on Wednesday, July 15, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images In April, the Federal Reserve and Treasury Department convened an extraordinary meeting with…
The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will “favorably review” export license applications for MGX, the UAE-backed investment firm that used a stablecoin linked to President Donald Trump‘s family for its $2 billion investment in Binance. An unpublished version of a new 17-page…
Argentina’s forward #10 Lionel Messi kicks the ball during the Qatar 2022 World Cup final football match between Argentina and France at Lusail Stadium in Lusail, north of Doha on December 18, 2022. Kirill Kudryavtsev | Afp | Getty Images Alphabet-owned Google broke a search record thanks to the World Cup international soccer tournament. During…
Google is on pace for its worst day on the stock market in a year, as artificial intelligence concerns have mounted and two high-profile researchers departed for rivals in recent days. Shares of parent company Alphabet slid 7% Monday morning, underperforming both the Nasdaq and the rest of its megacap peers. Google’s brain drain concerns…
(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…
President Donald Trump is set to head to France for the annual summit of the Group of Seven nations, with the U.S. and Iran yet to finalize an anticipated deal to end the Middle East war that has stirred political and economic strife around the world. The three-day G7 summit, which starts Monday, is taking…
BECKY QUICK: You’re taking me literally and stepping away from the real story here, which is kind of this war of words between you and Charlie and Elon. And I just want — do you even know Elon Musk? WARREN BUFFETT: I’ve never said anything to anyone about Elon. I mean, you know — you’re…
