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Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere, according to a CNBC report.  Experts warn that without cheaper energy, Europe risks falling far behind in the AI race.  Europe has set its sights… Continue reading Europe’s AI future at risk as soaring power costs push data centers abroad

Shares of UnitedHealth Group (UNH) fell over 2% on Monday after Berkshire Hathaway disclosed that it had exited its entire position in the health insurer during the first quarter, ending a brief but closely watched investment. The healthcare giant’s stock had recently staged a strong rebound, posting its seventh consecutive weekly gain after rising about… Continue reading UnitedHealth slips after Berkshire exits stake even as analysts see rebound ahead

US stocks opened cautiously on Monday as investors monitored rising Treasury yields, elevated oil prices, and ongoing tensions in the Middle East following a volatile end to last week’s record-setting rally. The Dow Jones Industrial Average fell roughly 44 points, or 0.08%, while the S&P 500 was unchanged. The Nasdaq Composite was up by 0.13%.… Continue reading Dow slips as Treasury yields, oil prices keep Wall Street cautious

Shares of Dominion Energy surged in trading on Monday after utility giant NextEra Energy announced plans to acquire the company in a $66.8 billion deal that would create the largest electric utility operator in the United States. Dominion shares (D) rose about 10% following the announcement, while NextEra Energy stock slipped more than 3.6% as… Continue reading Dominion Energy surges as NextEra acquires company in $66.8B mega deal

Strategy (previously known as Microstrategy) MSTR, the bitcoin treasury company led by executive chairman Michael Saylor, disclosed Monday that it acquired an additional 24,869 bitcoin for approximately $2.01 billion between May 11 and May 17. According to an 8-K filing with the Securities and Exchange Commission, the company purchased the bitcoin at an average price… Continue reading Strategy (MSTR) buys another $2B in Bitcoin as holdings top 843,000 BTC

The S&P 500 Index and its top ETFs like the popular VOO and SPY have been in a strong surge recently. They jumped in the last seven consecutive weeks and settled near their all-time highs. This article explores some of the top stock market news that will drive them this week. S&P 500 Index to… Continue reading Top catalyst for S&P 500, VOO, and SPY ETFs this week

US stock index futures fell on Monday as rising Treasury yields and oil prices renewed pressure on equities and revived concern that borrowing costs may stay elevated for longer. Futures tied to the Dow Jones Industrial Average fell 373 points, or 0.8%, while contracts linked to the S&P 500 and Nasdaq-100 slipped 0.4% and 0.3%.… Continue reading Dow futures plunge 370 points: 5 things to know before market opens

Elon Musk said on Monday that fully self-driving vehicles operating without human safety monitors are expected to become more common across the United States later this year, following their introduction in Texas. Speaking via video link at the Smart Mobility Summit in Tel Aviv, Musk said self-driving cars were already operating in Texas without safety… Continue reading Tesla expands robotaxi as Elon Musk predicts AI-led driving future