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Tuesday, May 5, 2026
  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
  • Yankees pay tribute to ‘iconic’ John Sterling during, after win
  • Gas prices rise 30 cents in past week
  • American pilots union chief says United CEO’s merger idea showed ‘bold vision’
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  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
  • Yankees pay tribute to ‘iconic’ John Sterling during, after win
  • Gas prices rise 30 cents in past week
  • American pilots union chief says United CEO’s merger idea showed ‘bold vision’
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Taiwan Semiconductor Manufacturing Co Ltd

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Meta to spend $10 billion on AI data center in El Paso, 1GW by 2028

Sagar1 month ago04 mins

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is boosting its spending commitment on a forthcoming AI data center in West Texas by more than sixfold to $10 billion, with an aim…

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  • Business

SK Hynix files confidentially for U.S. listing as it rides ‘unprecedented growth’ in memory market

Sagar1 month ago03 mins

A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street…

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  • Business

OpenAI risk factors Microsoft reliance, Elon Musk and xAI lawsuits

Sagar1 month ago06 mins

OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial…

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  • Business

OpenAI data center pivot underscores Wall Street IPO concerns

Sagar1 month ago08 mins

Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality:…

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  • Business

OpenClaw ChatGPT moment sparks concern AI models becoming commodities

Sagar1 month ago08 mins

People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation…

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  • Business

Tim Cook’s China visit reinforces country’s importance to Apple

Sagar1 month ago04 mins

CHENGDU, CHINA – MARCH 18: Apple CEO Tim Cook attends a special event marking Apple’s 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Tim Cook touched down in Chengdu, China, this week for an Apple Store event tied to the…

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Nvidia’s Huang pitches AI tokens on top of salary as agents reshape how humans work

Sagar2 months ago05 mins

Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens. Nvidia CEO Jensen…

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  • Business

U.S. tech execs smuggled Nvidia chips to China, prosecutors say

Sagar2 months ago03 mins

NVIDIA AI Computing Card captured in Hangzhou, Zhejiang Province, China on Dec. 9, 2025. Cfoto | Future Publishing | Getty Images The U.S. Attorney’s Office for the Southern District of New York has charged associates of an unidentified U.S. server maker with illegally diverting billions of dollars in artificial intelligence servers to China. The U.S….

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  • Business

The Iran war is threatening supply helium. What it means for markets

Sagar2 months ago06 mins

The war in the Middle East could pose a threat to the semiconductor industry and other sectors dependent on a resource produced in the Gulf — helium. Helium is a little-known but key input in many industries, most notably technology. In semiconductor manufacturing, its cooling properties are used to transfer heat. Helium is also indispensable…

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  • Business

Chip deliveries to Europe delayed as Iran war hits air freight

Sagar2 months ago04 mins

European companies that import semiconductors from Asia are tapping into backup stores and paying more for deliveries as the Iran war causes disruption to air freight routes through the Middle East, industry insiders have told CNBC. The Iran war has caused turmoil to cargo routes as shipping and airports have been targeted since the war…

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  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
  • Yankees pay tribute to ‘iconic’ John Sterling during, after win
  • Gas prices rise 30 cents in past week
  • American pilots union chief says United CEO’s merger idea showed ‘bold vision’
  • Auriemma reflects on spat with Staley: ‘You just feel dumb’

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