The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
Last week offered a clear split in the data center and AI infrastructure trade. Oracle held its ground and then some, rising on AI cloud momentum and an analyst upgrade. Meanwhile, CoreWeave and ...
Oracle's stock and bonds are under pressure due to its exposure to OpenAI. The latest speculation highlights the difficulties OpenAI is having in its funding rounds. There's little doubt as to the ...
Canadian luxury real estate developer Westbank Projects Corp. was struggling with losses and delays on a string of high-profile projects as recently as September, according to a lawsuit from a former ...
Gilead Sciences will pay as much as $7.8 billion to acquire partner Arcellx in its largest deal since 2020, the biopharma company said on Monday, as it looks to strengthen its lineup of cancer ...
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Michael Peloquin has a new idea for property he seeking to develop. It’s on Milton Road in Litchfield and he says the idea is for housing for homeless teens who are attending schools in Waterbury.
Property developer David Young plans to build a 91-storey Trump Tower in the heart of the Gold Coast. He says it will be "tasteful and expensive", attracting the "world's wealthiest people". A ...