Jakub Porzycki | Nurphoto | Getty Images U.S. stocks soared on Wednesday after President Donald Trump announced a two-week ceasefire with Iran, and beaten-down tech names shared in the rally. Meta, Amazon, Alphabet and Nvidia led the way among the Magnificent 7 names. Chipmakers also soared, with Taiwan Semiconductor Manufacturing Co. gaining 7% and ASML,…
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate Rooney…
Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic on Tuesday announced an advanced artificial intelligence model that will roll out to a select group of companies as part of a new cybersecurity initiative called Project Glasswing. The…
Kevin Corey spends his weekdays teaching high school students about real-world examples of the ups and downs of running a business, including his own side hustle. Corey, 41, teaches business courses at Uniondale High School in Uniondale, New York. He’s also the co-founder and president of Stall Mates, a flushable bathroom wipes brand that brought…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to…
AI data centers are becoming a “stress test” for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector. Global spending on data centers could reach $7 trillion by 2030, according to McKinsey, and much of that spending can no longer…
Tensions in the Middle East due to the U.S.-Iran war and elevated oil prices continued to impact the stock market this week. Investors with a long-term investment horizon should look beyond near-term challenges and capitalize on the ongoing volatility to pick stocks trading at attractive valuations. Tracking top Wall Street analysts can help investors gain…
Moment Makers Group | Istock | Getty Images It pinches here; drags there; the draping is wrong. These are some of the examples of the feedback a new crop of artificial intelligence apps might give a prospective customer trying on clothing ahead of a purchase, and in the process reduce the chances of a product…
CUPERTINO, Calif. — Nasdaq brought its market open festivities to Apple’s sprawling Silicon Valley headquarters on Tuesday, the eve of the company’s 50th birthday. From a desk inside Apple Park, the ring-shaped campus that Steve Jobs spent his last years helping design, Tim Cook rang the opening bell and, in the process, ushered in the…
In an aerial view, Pilot Travel Center gas and diesel prices are displayed near a highway on April 02, 2026 in Lockhart, Texas. Oil Brandon Bell | Getty Images News | Getty Images Nick Friedman, co-founder of Tampa-based College Hunks Hauling Junk and Moving, says his business has been facing multiple headwinds. High mortgage rates…
