Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.…
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Business
Data center boom in world’s largest market isn’t slowing down, Dominion Energy says
by adminData center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because…
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Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Its previous record was a nine-day…
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McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment.…
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Business
Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D
by adminPfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. Bourla’s remarks on the…
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Business
Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China
by adminNvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall…
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Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised to spend around $1 billion each year on…
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Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.…
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Business
Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D
by adminPfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. Bourla’s remarks on the…
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President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a “good guy.” Amazon’s earnings report, scheduled for Thursday,…