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US Justice Department casts wide net on Netflix’s business practices in merger probe, WSJ reports
The DOJ is reviewing whether Netflix used anti-competitive tactics in its proposed $82.7B bid for Warner Bros Discovery.
Amazon shares slide as $200 billion outlay fans fears over AI returns
Amazon stock fell after unveiling a $200 billion AI capex plan, raising investor fears and questions about Big Tech returns.
Global chip sales expected to hit $1 trillion this year, industry group says
SAN FRANCISCO, Feb 6 (Reuters) – Global semiconductor sales are expected to hit $1 trillion this year, the Semiconductor Industry Association said on Friday. The group, which represents most U.S. chip firms, said that chip sales hit $791.7 billion in 2025, an increase of 25.6% over the previous year. That booming growth is expected to […]
French company Capgemini to sell McLean govt unit linked to ICE
French company Capgemini will sell its McLean-based subsidiary Capgemini Government Solutions after coming under pressure about an ICE contract.
Wall Street ends sharply down as AI worries weigh
U.S. stocks fell sharply as heavy AI spending plans from Alphabet and Big Tech reignited fears over profits and valuations.
OpenAI unveils AI agent service as part of push to attract businesses
SAN FRANCISCO, Feb 5 – Your next coworker might be generated by AI. OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing a software bug. The platform is part of a broader effort by […]
Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
The dollar rose to a two-week high as stock volatility rattled markets and the pound slid after a tight Bank of England vote.
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
Alphabet is emerging as an AI leader, but investor worries rose after Google said it could spend up to $185B this year.
US homebuilders working on plan to develop as many as 1 million ‘Trump Homes,’ Bloomberg News reports
Feb 3 (Reuters) – Homebuilders are working on a proposal to develop nearly a million “Trump Homes” that would address the U.S. affordability crisis, Bloomberg News reported on Tuesday. This calls for builders to sell entry-level homes into a pathway-to-ownership program allowing private capital funding of billions of dollars, Bloomberg News reported, citing sources familiar [&hel[...]
Bitcoin tumbles below $70,000, wiping out gains since Trump 2024 win
Bitcoin slid below $70,000 as investors worried a more hawkish Fed under Kevin Warsh could drain liquidity from crypto.
