Author: admin
We are always looking for comfort at lower prices. And no one knows that better than Gap. People are currently obsessed with the brand’s ultra-soft fabrics, chic designs, and practical constructions for the winter season. Gap’s cropped hoodie is currently trending on TikTok! So as soon as we heard about Gap’s crazy sale going on this weekend, we loaded up our carts full of cozy styles. There are some notable sales going on right now, including up to 60% off on select styles. But the additional discounts in the sale section are what caught our attention. Now through January 24th,…
Traders work on the floor of the New York Stock Exchange on January 12, 2026.Angela Weiss | AFP | Getty ImagesFor the first two weeks of 2026, President Donald Trump’s administration detained Venezuela’s president, threatened to counter Iran’s violent crackdown on protests, and mooted the possibility of using force to seize Greenland. So why are stock prices rising?The headlines triggered price movements in the following asset classes: gold, silver and oil Traders sought safe haven as they weighed the impact of US intervention in the Middle East on oil supplies.However, the stock market seems to be ignoring this news. of…
The Trump administration wants to add $15 billion worth of new power generation to the largest power grids and wants tech companies to pay for it, even if they don’t need that capacity. The White House and the governors of several states in the region are calling on grid operator PJM to hold an auction for a 15-year contract for new generation capacity. The administration has said it wants tech companies to bid on contracts, even if the data centers ultimately don’t need the power. Demand from data centers is expected to nearly triple over the next decade. PJM said…
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business with AI” held in Tokyo on February 3, 2025.Tomohiro Osumi | Getty ImagesIn November, following Nvidia’s latest earnings release, CEO Jensen Huang touted his company’s position in artificial intelligence to investors, saying of the sector’s hottest startup, “Everything OpenAI does today runs on Nvidia.”While it’s true that Nvidia maintains its dominant position in AI chips and is currently the world’s most valuable company, competition is emerging and OpenAI is committed to diversification as it pursues historically aggressive expansion…
Reuters — Ugandan opposition leader Bobi Wine’s party said on Friday that he was taken from his home by the military and taken to an unknown location as President Yoweri Museveni was on the brink of a landslide re-election. Mr Wine’s National Unity Platform party said in a post on X on Friday night that a military helicopter had landed at his compound in the capital Kampala and he was “forcibly taken to an unknown destination”. Reuters could not immediately confirm the claims, and some party officials said they were unconfirmed. Spokespeople for the Ugandan government and military did not…
Billie Eilish is happier than ever with her boyfriend. The “Birds of a Feather” singer showed her sweet support for Nat Wolff and his brother Alex Wolff’s new self-titled album, released on January 16th, proving that her romance with Nat Wolff is still alive. In a post shared to his Instagram Story on January 16, Billie reshared the brothers’ own post announcing the record’s release, which featured a backlit photo of the two sitting in folding chairs. The two-time Oscar winner expressed her excitement for the project by writing three exclamation points alongside the snapshot. And that wasn’t the only…
Single-family home in residential area of Miramar, Florida, October 27, 2022.Joe Radle | Getty Images News | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.Private investment firms for the ultra-wealthy could inadvertently find themselves in the crosshairs of President Donald Trump’s proposed ban on increased purchases of single-family homes by “large institutional investors.” While President Trump’s announcement was aimed at Wall Street landlords, particularly private equity giants like Blackstone, Haynes Boone partner Vicki Odette…
An ongoing debate within and outside the technology community is when and how OpenAI, currently valued at $500 billion, will turn a profit. There’s one surefire way to do that. That is by using advertising. In the short term, that appears to be the plan for the AI giant, which announced this week that limited ads will be targeted to certain ChatGPT users. OpenAI said in a blog post published Friday that it will begin testing ads in both the free and Go tiers in the United States. (The $8-per-month Go account was introduced globally on Friday.) The company is…
Check out the companies making headlines before the bell. ImmunityBio — The biotech company soared 13%, adding to a 30% gain in the previous session driven by strong guidance for bladder cancer drug Anktiva. ImmunityBio expects full-year revenue for the drug to increase 700%. Worthington Steel — The Columbus, Ohio-based maker of hot and cold rolled steel rose 7% after it agreed to buy German metal fabricator Klöckner Corp. for an enterprise value of $2.4 billion. Coupang — Shares rose about 3% after Deutsche Bank upgraded the South Korean retail giant to a takeover target, saying most regulatory uncertainties had…
Drug discovery, the art of identifying new molecules to develop medicines, is a notoriously slow and difficult process. Traditional techniques such as high-throughput screening offer expensive scatter-shot approaches and are rarely successful. But a new breed of biotech companies is leveraging AI and advanced data technologies to accelerate and streamline processes. Chai Discovery, an AI startup founded in 2024, is one such company. In just over 12 months, the company’s young co-founders have raised hundreds of millions of dollars, amassed the support of some of Silicon Valley’s most influential investors, and built it into one of the most glamorous companies…