Bill Ackman has been quietly buying Microsoft since February, when AI fears were dragging the stock
The Pershing Square founder is betting that investors are wrong about Microsoft's Azure growth and $190 billion capex budget.
Business
Dominoes are steadily falling in the path of the rate cuts Trump wants to see from Kevin Warsh
"In his confirmation hearing, Warsh testified that 'inflation is a choice.' He may get the chance to prove he actually believes it."
Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid
Span, in partnership with Nvidia and PulteGroup, uses homes’ underutilized electrical capacity in computer processing.
Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion
“Extra-terrestrial solutions are no longer science fiction,” Thiel said.
Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
The move was expected given his seat would be taken by Warsh.
Newman’s Own Foundation CEO on steward ownership: succession when you don’t want to sell
As boomers retire, a million viable businesses face uncertain futures. A growing movement of owners is choosing employee ownership — and rewriting legacy.
America’s data centers are thirsty. Rural towns are paying the price—from tanked water pressure to stolen desert groundwater
Residents in different states were curious why their water was being diverted to data centers instead of their homes in water-fraught communities.
Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
Credit card companies aren't just rewarding your spending anymore—they're designing where you spend it.
These experts made their careers grading travel credit cards and they say you’re being ripped off. It’s a $1.28 trillion crisis
The industry has "sold the dream to people who probably don't need that dream sold to them — and should just be getting a flat 2% cash back card."
