Meta Wants to Sell Its Spare AI Computing Power. Wall Street Cheered.
Meta's stock surged after reports it plans to launch a cloud business selling AI computing power, testing whether massive infrastructure bets can generate revenue.
Meta's stock surged after reports it plans to launch a cloud business selling AI computing power, testing whether massive infrastructure bets can generate revenue.
Russia unleashed one of its largest aerial barrages of the war on Kyiv overnight, killing at least 13 and hitting residential buildings. The escalation comes as Ukrainian strikes on Russian refineries deepen a domestic fuel crisis inside Russia.
The Supreme Court struck down President Trump's executive order ending birthright citizenship for the children of some immigrants, but the vote was tighter than court-watchers anticipated, and conservatives are already looking to Congress.
President Trump declined to sign off on a routine renewal of the USMCA, pushing the pact into annual reviews and opening contentious talks over auto production, trade deficits, and Chinese content in North American supply chains.
A federal judge ruled that lawsuits challenging President Trump's executive order to curb mail-in voting can move forward, raising the prospect of a pre-midterm injunction.
President Trump and Iranian President Pezeshkian signed a 60-day framework to end the war and negotiate over Iran's nuclear program. Talks have already hit turbulence as fighting continues in Lebanon.
New Fed Chair Kevin Warsh held rates steady at his first meeting and laid out a philosophy that puts more weight on market signals than central-bank modeling. The dollar jumped to a one-year high as traders parsed his tone.
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