(L to R) Jensen Huang, President and CEO of Nvidia Corporation, Google CEO Sundar Pichai and Mark Zuckerberg, CEO of Meta, arrive for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the US Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-reynolds | Afp | Getty Images Seemingly every company is obsessed with … Read more
Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Tesla as equal weight Morgan Stanley said its survey checks show Tesla is expanding robotaxi operations. “Our Alphawise data shows increased hiring in northern metro areas for ‘AI Safety Operators’ – a sign that Tesla is gearing up to expand robotaxi operations.” Citizens initiates … Read more
(This is CNBC’s “Power Insider” newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) POWER POINT What I’m hearing from energy insiders Oil prices are off their highs this week and media reports are citing Trump’s comments that Iran negotiations are in their “final stages.” But that’s … Read more
The S&P 500 and the Nasdaq Composite closed lower for a second session on Monday as the tech sector slid. Shares of Micron Technology lost nearly 6%. Source link
Check out the companies making the biggest moves in midday trading: Dominion Energy — Shares popped more than 9% after NextEra Energy announced a deal to acquire the company in an all-stock transaction. NextEra said the combination of the two companies will create the world’s largest regulated electric utility business. NextEra shares were down about … Read more
Check out the companies making the biggest moves premarket: Regeneron Pharmaceuticals — The drugmaker fell more than 11% after its treatment for a skin cancer missed goals in a late-stage trial. Macy’s — The department store shares jumped nearly 4% in premarket after a regulatory filing revealed Berkshire Hathaway initiated a small position in the … Read more
Energy (XLE) is the winning sector in 2026 with a year-to-date return of 36%, materials (XLB) is in second place at 10.5%, while technology (XLK) falls more than 7%. Only two sectors are performing worse than technology — consumer discretionary and financials. If you look back one year, energy is still in the lead with a 12-month … Read more
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be … Read more
A Tesla Megapack battery at the Harmony Energy Ltd. and Fotowatio Renewable Ventures BV battery energy storage project near Burgess Hill, England, May 11, 2021. Chris Ratcliffe | Bloomberg | Getty Images Tesla is expanding ties with South Korea’s LG Energy Solution, striking a deal to buy $4.3 billion worth of battery cells for energy … Read more
Just outside Ireland’s capital, Dublin, a data center has become the first in Europe to turn to an independent, so-called “islanded,” microgrid to keep its servers running. Europe is looking to cash in on the AI boom while tackling power connection delays that have persisted for decades. The European Commission estimates the bloc needs at … Read more