Trump announces up to $500 billion in AI infrastructure investment
By Steve Holland (Reuters) -U.S. President Donald Trump on Tuesday announced private sector investment of up to $500 billion to fund artificial intelligence infrastructure. OpenAI, SoftBank (TYO:9984) and Oracle (NYSE:ORCL) plan a Texas-based joint venture called Stargate, and have committed $100
BlackRock and Weinstein’s Saba reach settlement in battle over closed-end funds
By Svea Herbst-Bayliss NEW YORK (Reuters) – BlackRock (NYSE:BLK) and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping
TikTok app unavailable on Apple, Google stores in US despite Trump delaying ban
(Reuters) -TikTok remained unavailable on Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL) app stores in the U.S. on Tuesday, a day after President Donald Trump signed an executive order delaying the enforcement of a ban on the popular Chinese-owned short-video app by
Netflix Q4 results top estimates after blowout subscriber numbers
Investing.com — Netflix surged in afterhours trading Tuesday after reporting better-than-expected Q4 results as subscriber adds soared. Netflix Inc (NASDAQ:NFLX) shares rose more than 9% in afterhours trading. In the three months ended Dec. 31, Netflix reported earnings of $4.27 a share
Cryptocurrency financial firm to plead guilty after novel FBI probe
By Nate Raymond (NSE:RYMD) BOSTON (Reuters) – A cryptocurrency financial services firm agreed on Tuesday to plead guilty to U.S. charges that it offered to help manipulate the market for a digital token created at the FBI’s behest to