The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. In a blog post this week, published ahead of the first anniversary of DeepSeek’s release of breakthrough reasoning model R1 on January 20, OpenAI said another “seismic shock” from China could be on the cards, as anticipati...
The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. In a blog post this week, published ahead of the first anniversary of DeepSeek’s release of breakthrough reasoning model R1 on January 20, OpenAI said another “seismic shock” from China could be on the cards, as anticipation heightened about a potential new major release from the Hangzhou-based start-up around the Lunar...
Key PointsOracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September.
Key PointsOracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September.
Chinese officials have sought talks with Venezuelan and US officials to get assurances over its loans to the South American country, according to people familiar with the matter. The outreach is part of a flurry of activity by the Chinese government and banks to secure their economic and lending interests in the wake of the capture of Venezuela’s president by US forces, one of the people said. Sin...
Chinese officials have sought talks with Venezuelan and US officials to get assurances over its loans to the South American country, according to people familiar with the matter. The outreach is part of a flurry of activity by the Chinese government and banks to secure their economic and lending interests in the wake of the capture of Venezuela’s president by US forces, one of the people said. Since Nicolás Maduro was flown out of Caracas, the Trump administration has sought to bring Venezuela closer to its orbit. How much Venezuela still owes Chinese entities is unclear, since Caracas stopped publishing detailed debt data after its 2017 default. Estimates range widely, with analysts putting outstanding obligations anywhere from $10 billion to $20 billion. China is expected to insist on a seat at the table in any future debt restructuring involving Venezuela. “The cooperation between China and Venezuela is the cooperation between two sovereign states, which is under protection of international law and the domestic laws of the two countries,” said Liu Pengyu, a spokesperson for the Chinese embassy in the US, in an email. “China will take all necessary measures to protect its legitimate rights and interests in Venezuela.” He reiterated China’s stance that the US intervention was a violation of Venezuela’s sovereignty, and said China and Venezuela would continue to work in areas of mutual interest regardless of the political situation. Read more: Trump Opens New Front Against China With Brazen Arrest of Maduro China’s economic role in Venezuela is largely a legacy of ties built under the late Hugo Chávez. Much of the cooperation that defined the relationship in the 2000s and early 2010s has stalled or faded as Venezuela’s economy collapsed and oil output deteriorated. While state-owned China National Petroleum Corp. holds stakes in three joint ventures producing heavy crude in the Orinoco Belt and one in Zulia state, production is limited and uneven. Sinopec operates a...
The White House’s top science adviser on Wednesday said that the Biden administration’s decision to get rid of the Justice Department’s China Initiative was “damaging”, though stopped short of recommending that it should be fully brought back. Asked by Florida Republican Daniel Webster whether the termination of the programme aimed at combating alleged economic espionage from Beijing was detriment...
The White House’s top science adviser on Wednesday said that the Biden administration’s decision to get rid of the Justice Department’s China Initiative was “damaging”, though stopped short of recommending that it should be fully brought back. Asked by Florida Republican Daniel Webster whether the termination of the programme aimed at combating alleged economic espionage from Beijing was detrimental, Michael Kratsios, the director of the White House Office of Science and Technology Policy, said:...
CleanSpark (NASDAQ:CLSK), Bitcoin mining and AI infrastructure operator, closed Wednesday’s session at $13.34, up 6.29%. CleanSpark IPO'd in 2016 and has fallen 87% since going public. Trading volume reached 59.7 million shares, which is approximately 89% above its three-month av
CleanSpark (NASDAQ:CLSK), Bitcoin mining and AI infrastructure operator, closed Wednesday’s session at $13.34, up 6.29%. CleanSpark IPO'd in 2016 and has fallen 87% since going public. Trading volume reached 59.7 million shares, which is approximately 89% above its three-month av
Stephen Ross, CEO and chair of Related Ross, founder of Related Companies and owner of the Miami Dolphins, discusses the outlook for business development in the West Palm Beach area and the future ownership of the Dolphins franchise during a Bloomberg Newsmakers event with Caroline Gage. (Source: Bloomberg)
Stephen Ross, CEO and chair of Related Ross, founder of Related Companies and owner of the Miami Dolphins, discusses the outlook for business development in the West Palm Beach area and the future ownership of the Dolphins franchise during a Bloomberg Newsmakers event with Caroline Gage. (Source: Bloomberg)
Intel (NASDAQ:INTC) , which designs and manufactures microprocessors and related technologies, closed Wednesday at $48.72, up 3.02%. Intel IPO'd in 1980 and has grown 14,867% since going public. Trading volume reached 147 million shares, about 60% above its three-month average of 91.7 million shares. Wednesday's action reflected continued enthusiasm around Intel's artificial intelligence (AI) serv...
Intel (NASDAQ:INTC) , which designs and manufactures microprocessors and related technologies, closed Wednesday at $48.72, up 3.02%. Intel IPO'd in 1980 and has grown 14,867% since going public. Trading volume reached 147 million shares, about 60% above its three-month average of 91.7 million shares. Wednesday's action reflected continued enthusiasm around Intel's artificial intelligence (AI) server and foundry narrative, while investors are watching how sustained AI data center demand shapes 2026 capacity and margin visibility. The S&P 500 (SNPINDEX:^GSPC) slipped 0.51% to 6,928, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1.00% to 23,472. Within semiconductors, industry peers Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) delivered mixed moves, as investors weigh AI-driven growth expectations against supply constraints and shifting competitive dynamics. Intel shares have already soared more than 30% this year. That's partially due to server chip shortages. Intel's server central processing unit (CPU) capacity is already nearly sold out for 2026, and the company could be increasing prices on chips. Continue reading
The Q4 earnings and revenue growth pace at this stage represents a clear acceleration from what we had seen from this same group of companies in the first three quarters of 2025. But what else should investors know?
The Q4 earnings and revenue growth pace at this stage represents a clear acceleration from what we had seen from this same group of companies in the first three quarters of 2025. But what else should investors know?
In early December, Netflix (NASDAQ: NFLX) agreed to acquire Warner Bros. Discovery (NASDAQ: WBD) in a cash-and-stock deal valued at $72 billion. The move kicked off a high-profile battle that has raged ever since, and the ensuing drama has the makings of a made-for-streaming movie. Since then, Paramount Skydance (NASDAQ: PSKY) has been doing its level best to scuttle the deal, eager to pick up War...
In early December, Netflix (NASDAQ: NFLX) agreed to acquire Warner Bros. Discovery (NASDAQ: WBD) in a cash-and-stock deal valued at $72 billion. The move kicked off a high-profile battle that has raged ever since, and the ensuing drama has the makings of a made-for-streaming movie. Since then, Paramount Skydance (NASDAQ: PSKY) has been doing its level best to scuttle the deal, eager to pick up Warner Bros. for itself. Reports emerged today that Netflix is considering amending its bid, making an all-cash offer for Warner Bros.' studio and streaming assets. The remaining assets of the company, namely the legacy cable and broadcast television stations -- including CNN, TNT Sports (in the U.S.), Discovery, and several broadcast channels in Europe -- would be spun off before the close of the deal, into a new entity dubbed Discovery Global. The value of these Discovery Global shares may ultimately tip the balance in Netflix's favor (more on that in a moment). Image source: Netflix. Continue reading
Nano Nuclear Enters The Asian Market SMR developer Nano Nuclear announced a partnership with South Korean industrial company DS Dansuk to pursue the deployment of Nano’s Kronos throughout Asia. DS Dansuk will act as Nano’s partner to coordinate with other Asian companies involved in chemical processing and heavy manufacturing, and enable Nano to access the coveted nuclear industry in South Korea. ...
Nano Nuclear Enters The Asian Market SMR developer Nano Nuclear announced a partnership with South Korean industrial company DS Dansuk to pursue the deployment of Nano’s Kronos throughout Asia. DS Dansuk will act as Nano’s partner to coordinate with other Asian companies involved in chemical processing and heavy manufacturing, and enable Nano to access the coveted nuclear industry in South Korea. Multiple American companies have signed agreements with firms in South Korea as the country currently holds the leading international position, outside of China, in nuclear power plant development and construction. NANO Nuclear Energy Signs MOU with DS Dansuk to Advance Micro Modular Reactor Deployment in South Korea “DS Dansuk is exactly the type of commercial partner NANO Nuclear needs as we expand into Asia,” said Jay Yu, President and Chairman of NANO Nuclear Energy. “They bring industrial credibility, manufacturing depth, regulatory access, and trusted supply chain relationships throughout South Korea” Jay Yu was also on Fox Business earlier discussing the company's progress, highlighting Nano's integration with the state of Illinois for initiating the hiring of over 100 nuclear industry support personnel for the ramp up of construction at their University of Illinois project. $NNE Thank you @MariaBartiromo and @FoxBusiness for having our Founder and Chairman on your show this morning. In 2026, $NNE looks to continue our momentum with our Patented & High Technology Readiness Level KRONOS MMR with worldwide demand surging #USA https://t.co/orMzZGUbEa — NANO Nuclear Energy (NASDAQ: NNE) (@nano_nuclear) January 14, 2026 This announcement follows Nano's selection of reactor startup favorite Ameresco for progressing the development and deployment of the Zeus, Kronos, and Loki, reactor models in the US. And on the back of the Korea news, Nano is now positioned for aggressive global expansion even as it seeks commercialization in the US. Meanwhile, Nano Nuclear's strategic pa...
Chef patron Gareth Ward ‘not embarrassed’ by the score, and says it was due to inspectors’ concerns about the use of raw ingredients The chef behind a Welsh restaurant with two Michelin stars says it has “the highest standards in the world”, despite being given a one-star hygiene rating in a recent inspection. Ynyshir, a restaurant with rooms near Machynlleth on the southern edge of the Eryri nati...
Chef patron Gareth Ward ‘not embarrassed’ by the score, and says it was due to inspectors’ concerns about the use of raw ingredients The chef behind a Welsh restaurant with two Michelin stars says it has “the highest standards in the world”, despite being given a one-star hygiene rating in a recent inspection. Ynyshir, a restaurant with rooms near Machynlleth on the southern edge of the Eryri national park, has been praised as one of the best in the world. Continue reading...
↘️ Bank of America (BAC): The bank posted better-than-expected quarterly results, bolstered by consumer spending. Its stock slid 3.8% Wednesday, however.️ ↘️Wells Fargo (WFC): The lender’s net income per share disappointed investors.
↘️ Bank of America (BAC): The bank posted better-than-expected quarterly results, bolstered by consumer spending. Its stock slid 3.8% Wednesday, however.️ ↘️Wells Fargo (WFC): The lender’s net income per share disappointed investors.