How Chevron Will Supply Energy To Microsoft’s Texas Data Center
The facility is expected to consume nearly 2.7 gigawatts of electricity, an amount comparable to the power needs of roughly 2 million homes.
Business
The Musk Trillionaire Panic Is A Distraction
Musk already had the highest net worth in the world before SpaceX went public.
Indian Telecom Giant Jio Moves Ahead With IPO
Speaking at Reliance Industries’ annual shareholder meeting, Mukesh Ambani said the listing would showcase India’s ability to build technology companies with global scale and influence.
Musk’s SpaceX Wealth Launches A Trillion Tax Lies
When the IPO for SpaceX made Elon Musk the world’s first trillionaire, Democrats were primed
Intel Shares Jump After Trump Announces Apple Partnership
President Donald Trump announced Thursday that Intel and Apple have reached an agreement to design and manufacture computer chips in the United States
What Is The New Apple-Intel Chip Deal
Intel has staged a significant comeback in recent months, with its stock soaring more than 460% over the past year and its market value reaching roughly $609 billion
U.S. Pending Home Sales Reach Six-Month High In May
The increase in pending home sales exceeded economists' expectations, indicating that buyer demand remains resilient even as financing costs continue to weigh on affordability.
Federal Reserve Holds Interest Rates Steady At Warsh’s First Meeting
The decision, approved unanimously by the Federal Open Market Committee, reflects the central bank’s view that inflation remains elevated relative to its long-term target of 2%.
How Are China’s Slowdown And The Iran War Hurting BMW
BMW cited higher energy costs linked to the Iran conflict, saying elevated prices are increasing operating expenses and hurting consumer confidence across global markets
Mortgage Rates Ease But Housing Market Remains Weak
Total mortgage application volume fell 3.8% from the previous week. The average rate for a 30-year fixed mortgage remained at 6.60%, while refinancing applications declined 5%
SpaceX Rally Continues As Market Value Surpasses Amazon
The surge pushed SpaceX past Amazon in market capitalization on Tuesday and briefly allowed the company to overtake Microsoft
Are All Billionaires Thieves Or Can One Legitimately Earn Wealth?
This idea reflects the labor theory of value as expressed by Karl Marx. Workers, in justice, claim the entire value of production, according to Marx.
Is DoorDash Down? What We Know About The Latest Outage
Users reported problems logging into accounts, placing food orders, tracking deliveries, and accessing the company's website and mobile applications.
SpaceX Beats Microsoft In Market Value After IPO Rally
SpaceX’s market capitalization reached approximately $2.94 trillion, edging above Microsoft’s $2.93 trillion valuation
What Does SpaceX’s $60 Billion Cursor Acquisition Mean For AI
Cursor will become a wholly owned subsidiary of SpaceX after the deal closes in the third quarter
U.S. Oil Emergency Reserve Reaches Reagan-Era Levels
According to newly released Department of Energy data, the reserve stood at approximately 340.3 million barrels for the week ending June 12.