The Federal Energy Regulatory Commission (FERC) ordered the nation’s six largest grid operators to justify or rewrite the rules governing how data centers connect to the power grid. The action answers years of complaints that interconnection queues move too slowly for an industry building AI infrastructure on an 18-month product cycle. It does not settle
While airlines face a particularly challenging landscape with the current cost of jet fuel, many travel companies and agencies selling various holiday travel packages are also struggling with a high cost of operations and travelers who can book their own travel online. Travel Bespoke, Great Little Escapes, Salamander Voyages, and Jetline in the United Kingdom
Morgan Housel has sold 12 million books telling people that investing success comes down to behavior more than analysis. So when he sat down recently to talk about AI, you’d figure he’d lead with valuations or whether we’re in a bubble. He didn’t. He opened with a warning about the people actually building the stuff.
Three days. That’s how long the peace deal Trump and Iranian President Masoud Pezeshkian signed on June 17 lasted before Iran’s military command said it was closing the Strait of Hormuz again. Iran also sent a negotiating team to Switzerland at basically the same time, which is its own kind of confusing, Seeking Alpha reported.
President Donald Trump has been trading health care stocks unusually frequently in 2026. Across the first three months of the year, his accounts ran 377 separate health care trades, a mix of buys and sells, worth at least $13 million and as much as $37 million by the disclosed ranges. That activity sits inside a
Stocks are already up more than 10% this year. Most strategists would call that a good run and leave it alone. Wells Fargo looked at the same market and decided it wasn’t done yet. The bank raised its year-end 2026 target for the S&P 500 to 7,950, up from 7,300, implying roughly 5.2% more upside
After this week’s Federal Reserve meeting, things aren’t looking great for homebuyers. While new Fed Chair Kevin Warsh officially ended “forward guidance” on future rate movements, the central bank’s dot plot — a member-submitted projection of possible rate cuts and hikes — showed an overall hawkish stance for the rest of 2026. As I noted
Allbirds is not big enough to define the artificial intelligence market. That’s exactly why investors need to pay attention. The sneaker maker’s transition into Smartbird (BIRD) is more than just another strange corporate rebranding. It could be a good sign for where the AI trade has gone following years of investor attention to Nvidia, cloud
The story of artificial intelligence in business has followed a familiar script for the past few years. To help employees work faster, companies deployed AI to summarize documents, draft emails, write code, and answer questions. The role was clear: AI advised, humans decided, and humans acted. That division of labor is starting to blur. A
Intel jumped roughly 11% on Thursday, June 18, after President Donald Trump posted on Truth Social that Apple agreed to work with Intel to design and manufacture chips in the United States. Neither company confirmed the partnership publicly by market close. Intel’s stock added billions in market value on an unverified social media post from