Business news
- Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record - Nvidia is making its largest purchase ever, acquiring nine-year-old chip startup Groq for about $20 billion.
- Epstein files: Senators call for audit into DOJ's release - A bipartisan group of Senators on Wednesday said the Trump administration violated the law by failing to release the records in full last week.
- From farm to table, high beef prices squeeze margins. How our steakhouse stock is balancing costs - Beef costs are still pressuring portfolio name Texas Roadhouse and leading to shakeups at other industry players.
- Free streaming service Tubi is rivaling major players for viewership. Here's how it's winning - Fox's Tubi outpaced Peacock and HBO Max for share of streaming minutes in Nielsen's November Gauge report.
- We're buying the post-earnings slump in a stock alongside Tim Cook. It's not Apple - We're scooping up shares of struggling company on a confidence-inducing signal from the board of directors that a bottom could be forming.
- These 5 infrastructure stocks have more than tripled this year on the AI trade - While Nvidia has been the biggest infrastructure winner during the AI boom, other data center stocks have performed better this year.
- Amazon faces 'leader's dilemma' — fight AI shopping bots or join them - Agents like OpenAI's Instant Checkout and Perplexity's Instant Buy threaten to reshape the e-commerce landscape.
- 10-year Treasury yield lower as investors mull rates path following strong GDP data - The 10-year benchmark yields edged lower at the start of a shorter trading day.
- 'Witch hunt': Ex-EU commissioner Breton denounces U.S. visa ban targeting 'censorship' - The former EU commissioner and four anti-disinformation campaigners were the subject of U.S. travel sanctions.
- Oil giant BP to sell 65% stake in $10 billion Castrol unit - The oil giant is looking to divest $20 billion of its assets by the end of 2027.