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Elon Musk's SpaceX, xAI to Unite Ahead of Mega IPO
Elon Musk is moving to unite SpaceX and artificial intelligence startup xAI in a sweeping merger that would fuse his ambitions in space and AI under one corporate roof, Bloomberg reports.
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Palantir Defends Surveillance Tech as Contracts Jump
Palantir Technologies CEO Alex Karp defended the firm's surveillance technology as it reported a big jump in sales Monday, saying it has safeguards to prevent government overreach, without mentioning U.S. immigration enforcement efforts in Minnesota that have drawn...
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Crypto Volatility Triggers $2.5B in Bitcoin Liquidations
Bitcoin investors liquidated $2.56 billion in recent days, according to data provider CoinGlass, as cryptocurrencies slumped following a sell-off in other risk assets, including equities and precious metals.
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Trump Accounts Will Revive the American Dream
President Trump recently brought our attention to an innovative initiative stemming from the Big Beautiful Bill passed last July: the establishment of Trump Accounts.
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The Market Cycles Potentially Driving 2026 Returns
Market cycles are once again at the center of the investment narrative as we head into 2026. The optimism is familiar as earnings held up in 2025, the economy avoided recession, and big tech lifted the indexes.
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Oracle Climbs as $50B Raise Calms Data Center Fears
Oracle shares gained 2.5% Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to finance a massive data-center expansion with OpenAI.
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Disney Earnings Boosted by Theme Parks, as CEO Handover Nears
The Walt Disney Company Monday reported quarterly earnings showing that streaming services gained momentum and theme-park revenue hit record levels, but the company warned of a possible slowdown in the United States.
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Morning Bid: Metals Meltdown
The slump in gold, silver and other precious metals is continuing to rattle global markets and making for a nervous start to the month.
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Mining Shares Drop as Precious Metals Retreat From Records
Gold and silver prices fell sharply Friday after President Donald Trump said he is nominating former Federal Reserve Governor Kevin Warsh to lead the central bank, a move traders read as supportive of a firmer dollar and a more inflation-focused Fed.
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Uncertainty Driving the Latest Gold Rush, Volatility
The rush for gold climbed to new heights at the start of 2026, with prices hitting a fresh record earlier this week.
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Gold Plunges 9.5%, Steepest Daily Drop Since 1983
Gold fell Friday and was headed for its steepest daily fall since 1983 after U.S. President Donald Trump announced his choice for Fed chair, while silver slumped nearly 30% and was poised for its worst day on record.
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Tesla Jumps 5% on SpaceX Merger Talks
Shares of Tesla jumped nearly 5% Friday after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further.
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Life Insurance Settlements: Cashing Out a Death Benefit While You Are Alive
Millions of Americans own life insurance policies, but far too many are abandoned before they will pay a death benefit.
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US Long Bonds Fall on Warsh Fed Chair Selection
U.S. long-dated Treasury bond prices fell Friday after President Donald Trump said he would nominate former Federal Reserve Governor Kevin Warsh to head the U.S. central bank , a choice seen as bearish for bonds given his preference for a smaller Fed balance sheet.
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Global Equity Funds Attract Inflows 3rd Week in a Row
Global equity funds had a third straight week of inflows in the week to January 28 on upbeat earnings expectations, while safe-haven assets like gold and bond funds also saw solid demand amid uncertainty over potential U.S. tariff moves under President Donald Trump.
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Wall Street Slips After Trump Picks Fed Critic Warsh
U.S. stocks fell Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to lead the U.S. central bank, a decision that many investors view as a hawkish pick.
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Gold Briefly Dips Below $5K on Fed Pick, Investor Caution
Gold prices tumbled by more than 8% to briefly break below the $5,000 mark as the dollar strengthened in the lead-up to Donald Trump's U.S. Federal Reserve announcement Friday, though bullion remained poised for its biggest monthly gain since 1982.
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SpaceX Explores Merger With Tesla or xAI
Elon Musk is exploring a bold reshaping of his business empire , one that could bring SpaceX together with either Tesla or his artificial intelligence venture, xAI, Bloomberg reports.
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Apple's iPhone Sales Surge to $83.5B, a New Quarterly High
Apple's iPhone sales soared to a new quarterly record during the holiday season, despite artificial intelligence blunders that prompted the technology trendsetter to get a helping hand from Google.
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Amazon in Talks to Invest up to $50B in OpenAI
Amazon is in discussions to invest as much as $50 billion in OpenAI, a move that would mark one of the largest bets yet on artificial intelligence, The Wall Street Journal reports, citing people familiar with the talks.
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Musk's SpaceX in Merger Talks With xAI Ahead of IPO
Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year.
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Robinhood Eyes SpaceX IPO Shares for Retail Investors
Robinhood is seeking a role in SpaceX's highly anticipated initial public offering, aiming to sell shares directly to retail investors, Bloomberg reports.
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Dow Cuts 4,500 Jobs in AI, Automation Push
Dow is planning to cut approximately 4,500 jobs as the chemicals maker puts more emphasis on using artificial intelligence and automation in its business.
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Short Squeeze: Gold Soars to $5,626
Precious metals have just closed out another remarkable session in Asia and Europe.
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Home Depot Slashes 800 Jobs, Enforces 5-Day Office
Home Depot CEO Ted Decker announced Wednesday that the company will lay off about 800 corporate employees and require most remaining corporate staff to return to the office five days a week beginning April 6,