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PSKY, WVE, CFLT & more
Check out the companies making the biggest moves midday: Wave Life Sciences — The Singapore-based biotech that trades on Nasdaq more than doubled, soaring roughly 140% , after positive interim data from a Phase 1 trial of an RNA obesity shot that cut fat but retained muscle. Paramount Skydance — The Continue Reading
Can AI make you the next Warren Buffett? One bank is working to find out
Deutsche Bank is putting artificial intelligence’s investment skills to the test. The bank asked its dbLumina AI model to pick a basket of funds from the most popular funds used by typical retail investors as of the end of November. Research analyst Luke Templeman fed dbLumina a week of the Continue Reading
NextEra working with Exxon to develop gigawatt data center for hyperscaler
NextEra Energy is partnering with Exxon Mobil, the country’s largest oil company, to build a large data center site powered by natural gas for a potential tech customer, CEO John Ketchum told investors Monday The 1.2 gigawatt power plant would combine gas generation with Exxon’s carbon capture technology to reduce Continue Reading
Comcast president outlines unsuccessful WBD offer, future of Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. T Kevork Djansezian | Getty Images Comcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful bid for Warner Bros. Discovery, detailing an offer far Continue Reading
Waymo crosses 450,000 weekly paid rides, widening Tesla lead
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit Continue Reading
McDonald’s to emphasize value by updating franchising standards
In Lisbon, Portugal, on January 12, 2025, people sit by a McDonald’s storefront. McDonald’s rolls out new value deals, like the McValue Menu, to combat economic challenges and attract budget-conscious customers, as global sales face pressure amid shifting consumer trends. Luis Boza | Nurphoto | Getty Images McDonald’s will soon Continue Reading
NextEra to build 15 gigawatts of power for data centers by 2035
NextEra Energy Chairman, President and CEO John Ketchum participates in a panel during CERAWeek in Houston, Texas, U.S., March 10, 2025. Kaylee Greenlee | Reuters NextEra Energy plans to build 15 gigawatts of new power generation for data center hubs by 2035, CEO John Ketchum told investors on Monday. NextEra Continue Reading
What another Fed cut could mean for your personal borrowing costs
The Federal Reserve is expected to lower its benchmark rate by a quarter percentage point at its meeting this week. The move would mark the Fed’s third consecutive rate reduction this year, following the September and October cuts, bringing the federal funds rate to a range of 3.50%-3.75%. President Donald Continue Reading