business News

OpenAI reportedly signs $300 billion Project Stargate cloud deal with Oracle - The Verge

According to the WSJ, their five-year deal starts in 2027.

Opendoor Technologies Snags Shopify Operating Chief Nejatian as CEO - The Wall Street Journal

Kaz Nejatian will help Opendoor incorporate more artificial intelligence into its real estate platform, the company says

US EV sales smash records in August as Tesla loses ground - Electrek

US EV sales hit a record 146,000 in August with nearly 10% market share, but Tesla’s hold on EV sales keeps slipping.

Klarna Rises 15% in First Day of Trading on NYSE - The Wall Street Journal

Swedish online-payments firm is the latest IPO to surge in its debut

S&P 500 Gains & Losses Today: Oracle Stock Soars, While Synopsys Staggers - Investopedia

The S&P 500 gained 0.3% on Wednesday, Sept. 10, 2025, as a report showed an unexpected downtick in wholesale inflation ahead of Thursday's Consumer Price Index release.

Federal judge temporarily blocks Trump's attempt to fire Federal Reserve Governor Lisa Cook - ABC News

Republican senator pumps the brakes on GOP crypto bill - Politico

“I don’t think we’re ready,” said Sen. John Kennedy (R-La.).

Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging" - CBS News

The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.

Labor Department watchdog launches probe into the Bureau of Labor Statistics - CBS News

Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.

Exclusive | Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal - The Wall Street Journal

Novo Nordisk Tightens Its Belt, Cutting 9,000 Jobs And Its Profit Outlook - Investor's Business Daily

Novo Nordisk announced a "sweeping transformation" Wednesday as the drugmaker contends with challenges in obesity.

SpaceX buys $17 billion worth of satellite spectrum to beef up Starlink broadband service - Space

SpaceX promises a step change in performance for cell phone users around the world.

Boeing reaches tentative labor deal with striking defense workers - CNBC

The IAM Union said Wednesday that it reached a tentative five-year agreement with Boeing for better wages.

Stephen Miran, Trump’s Fed pick, could get Senate confirmation Monday - Politico

That would allow him to participate in a rate-setting meeting that starts Tuesday.

Cash yields set to fall as Fed cuts rates. Where to put your money to work instead - CNBC

Investors should not waste any time moving out of excess cash ahead of the anticipated Federal Reserve rate cuts, many on Wall Street are warning.

Mortgage Applications Today: New Homeowner Loan Demand Climbs to 3-Year High as Interest Rates Fall - Realtor.com

Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner - TechCrunch

Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors.

OpenAI and Oracle reportedly ink historic cloud computing deal - TechCrunch

OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

Synopsys Q3 Soft on IP, Closes Ansys Deal - Yahoo Finance

Ansys buyout expands reach as headwinds weigh on outlook

Robotaxi Battle Heats Up With Amazon's Las Vegas Zoox Launch, Lyft's Atlanta Expansion - Investor's Business Daily

Zoox, Amazon's robotaxi business, is live in Las Vegas, with the tech giant officially entering a market that includes Waymo and Tesla.