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CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying
CoreWeave raised prices for AI computing capacity, with new contracts fetching roughly $40 million in annualized revenue per megawatt, though the company continues operating at a loss.
Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate
Ferguson Enterprises reported quarterly sales growth of 4.6% to $8.8 billion, but profit growth lagged as margins declined, signaling potential challenges ahead despite strong non-residential performance.
Jets rookie Omar Cooper Jr. headed to injured reserve, will miss at least four games
Jets first-round pick Omar Cooper Jr. will miss at least four games after suffering an ankle sprain during Week 1, with eligibility to return for the Week 6 matchup against the Patriots.
BMW PGA Championship: Eagle leaves Rory McIlroy two off the lead at Wentworth
Rory McIlroy carded an eagle on the final hole to sit two shots off the lead entering the final round of the BMW PGA Championship at Wentworth.
Trending COVID 19 News
OpenAI ‘ethically hacked’ with help of Anthropic’s Claude chatbot
Cybersecurity researchers used Anthropic’s Claude chatbot to hack into OpenAI systems, compromising employee accounts and accessing software repositories under the company’s ethical hacking program.
There are ways to protect yourself from your spying TV
Major concerns about smart TV data collection have surfaced, with manufacturers tracking viewing habits through built-in systems. Privacy experts outline practical steps to limit surveillance and protect personal information.
Jonathan Kanter on competition, cartels, and China
Jonathan Kanter, former DOJ antitrust chief, discusses AI regulation and whether major AI companies seeking regulatory frameworks constitute cartel behavior or legitimate calls for government oversight.
GM plans U.S. battery development as Trump’s DOT attacks Ford for China ties
General Motors is developing next-generation battery cells using domestic materials to reduce U.S. dependence on China, while the Trump administration criticizes Ford’s ties to Chinese battery producers.
UK in talks about joining global defence bank led by Canada
The UK government is exploring membership in a Canada-led global defence investment bank designed to help nations borrow at reduced rates for military spending.
‘Insufficient funds’ to pay Brewdog creditors after takeover deal
Scottish brewery Brewdog’s administrators report insufficient funds to pay most creditors following the company’s collapse and March takeover by US firm Tilray for £33m.
Kevin Warsh may be the adult in the room. But can he calm the US economy?
Federal Reserve Chair Kevin Warsh raised interest rates for the first time in three years amid tensions with the Trump administration over inflation policy and economic direction.
Russia holds parliamentary vote in areas it seized from Ukraine in the war
Russia held parliamentary elections in territories it seized from Ukraine, marking the first time residents of the annexed regions voted in Russian elections, despite international condemnation of the process.
Israeli attacks kill four Palestinians including son of Gaza’s health chief
Israeli drone strikes killed four Palestinians in Gaza on Saturday and Friday, including the son of Gaza’s health ministry director, amid ongoing attacks since a ceasefire was announced.
Syria says blast at military site in Deir Az Zor killed 11
Eleven soldiers were killed in an explosion at a Syrian military weapons cache in Deir Az Zor, with nine others wounded. The blast marks the second incident at a Syrian military site in under two weeks.
Demonstrators in US form human chain to protest Kennedy Center closure vote
Thousands of protesters formed a human chain around the Kennedy Center in Washington DC to oppose its closure and contest President Trump’s control over the institution.
Ed Sheeran concert set to go ahead after outcry over Gaza
Ed Sheeran is set to perform in Philadelphia on Saturday after opening acts withdrew in support of expelled rapper Macklemore, whose Gaza comments sparked controversy.