OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in Milam County, Texas. On the surface, it reads like yet another megadeal in the booming AI infrastructure arms race. But it signals something more urgent: electricity has become AI’s single largest production
Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to 522 US cents per bushel on Thursday, marking its highest level since December 26. At the time of writing, US wheat futures for the March contract were at 518 cents. Wheat prices began
US big banks are set to kick off earnings season next week, and experts are bracing for solid results. According to Ken Leon, a senior CFRA analyst, the outlook for these banking giants is “very positive”, with several tailwinds that could lift both profits and stock prices. Note that iShares’ big banks exchange-traded fund (ETF)
India heads into 2026 with headline indicators that would be the envy of many major economies. Growth is strong, inflation is subdued, and political stability remains intact. Yet beneath these reassuring numbers lies a widening disconnect between macro performance and lived economic reality, said a Financial Times report. For investors and policymakers alike, this dichotomy
Opendoor stock price was highly volatile this week as Donald Trump started to focus on the affordability issue, especially on the housing market. OPEN initially dropped after his proposal to ban institutional investors from buying residential homes. Technicals suggest that the stock may rebound soon a rare bullish pattern has formed. It may also benefit
Gold and silver prices were higher on the last trading day of the week as investors waited for key economic data releases. Precious metals have started the new year with an increase in value. However, these gains are less than the peaks reached just under two weeks ago, following a significant drop at the close
Rolls-Royce stock (LON: RR) has achieved new all-time highs on multiple trading days so far in 2026. While the narrative captures investor excitement perfectly, the reality is more nuanced: the stock reached a fresh record on January 2nd and has since traded near or at record levels during the first week of 2026. The engine
Pandora’s shares dropped 10% on Friday after the Danish jewellery brand issued a warning of weaker sales growth for 2025. This downturn was attributed to the fact that US consumers purchased fewer charm bracelets and necklaces than anticipated during the crucial holiday shopping period, according to a Reuters report. Pandora, the well-known jewelry retailer specialising
Reliance Jio Platforms is moving closer to a long anticipated stock market debut as bankers begin work on draft IPO documents. The company is considering a public listing that would involve selling a small portion of its equity, reports Reuters, reflecting its large scale and dominant position in India’s telecom market. Jio Platforms is controlled
Vitalik Buterin has stepped into one of the most consequential legal battles in crypto, as sentencing approaches for Tornado Cash developer Roman Storm. The Ethereum co-founder’s appeal comes at a moment when the industry is grappling with the boundaries between software development, privacy, and criminal liability. Storm, a key developer behind the crypto mixer Tornado