Markets news
FractLab market briefs
Reliance Worldwide shares reach one-year high as Brookfield agrees $2.9 billion takeover
Reliance Worldwide shares rose to a more than one-year high after Brookfield agreed to acquire the Australian…
Read More
U.S. Stock Futures Creep Up as Fed Rate Increase Takes Center Stage
U.S. equity futures moved slightly higher Tuesday evening as markets turned cautious before an expected Federa…
Read More
AI gold rush has a dress code: steel-toe boots
Boot Barn and Brunt Workwear are seeing rising demand for work boots tied to data-center construction, a sign…
Read More
New York Proposes $1 Million per Megawatt Community Investment for Data Centers
New York Governor Kathy Hochul is recommending local governments seek at least $1 million per megawatt in comm…
Read More
US Justice Department Backs Bond Requirement in Paramount-Warner Bros. Antitrust Case
The U.S. Justice Department has urged a federal court to make states challenging Paramount Skydance's $110 bil…
Read More
OpenAI in talks over funding that would value it near $1.2 trillion before IPO, FT reports
OpenAI has reportedly held early-stage talks with large investors about a fresh capital raise that would lift…
Read More
OpenAI weighs $1.2tn valuation funding round as IPO is delayed, FT reports
OpenAI is in early talks about a private funding round that could value it at about $1.2 trillion, according t…
Read More
Nvidia CEO Jensen Huang expected at Trump's state dinner for Xi, source says
Nvidia CEO Jensen Huang is expected to attend President Donald Trump's state dinner for Chinese President Xi J…
Read More
Jean Smart Wins Fifth Emmy for 'Hacks,' Setting Comedy Actress Record
Jean Smart won her fifth Emmy for 'Hacks,' becoming the first performer to take best comedy actress for every…
Read More
U.S. stock futures little changed as markets assess AI slowdown calls and Fed meeting
U.S. stock index futures were little changed Monday evening after calls by prominent AI figures to slow develo…
Read More
US could issue deep-sea mining permits within months, Interior Secretary Burgum says
The Trump administration is moving closer to approving deep-sea mining permits, Interior Secretary Doug Burgum…
Read More
Trump nominates Texas Republican Wesley Hunt as Saudi Arabia ambassador
President Donald Trump has nominated Texas Republican Representative Wesley Hunt to be U.S. ambassador to Saud…
Read More