Nvidia’s chips are among the world’s hottest commodities. So why is the company likely trashing $4.5 billion worth of them?
Nvidia's options for the chips, originally destined for China, but since banned from export there, are limited.
Business
Red Bull heir transfers $1.1 billion stake to Geneva trust firm
Chalerm Yoovidhya has kept his stake for around four decades as Red Bull became a roaring success.
Trump’s tariffs are headed for a constitutional showdown at the Supreme Court that could reshape presidential power for decades
The Trump administration appealed a ruling by a federal trade court invalidating many of the president’s recent tariffs.
Gen Z is increasingly turning to ChatGPT for affordable on-demand therapy, but licensed therapists say there are dangers many aren’t considering
Licensed professionals say AI, although it has some positives, cannot replace human therapists.
UnitedHealth Group faces lawsuit claiming it used ex-employees’ 401(k) funds to defray its own costs
It’s the latest in a surge of lawsuits for the beleaguered health care giant, and the company has denied the allegations.
Dick’s Sporting Goods exec defends Foot Locker acquisition: ‘Like it or not, we make these decisions and investments for a lifetime’
Dick’s Sporting Goods announced the purchase of Foot Locker for $2.4 billion earlier this month.
Soaring U.S. debt doesn’t just put America at risk. It could trigger contagion across global markets, IIF warns
Borrowing costs in certain countries often move in tandem, meaning volatility in Treasury bonds will create ripples in other debt.
Iran has amassed even more near weapons-grade uranium, UN watchdog says
The report by the International Atomic Energy Agency says that as of May 17, Iran has amassed 900.8 pounds of uranium enriched up to 60%.
NRG CEO Larry Coben rides the power wave as the top performing stock in the S&P 500 for 2025
NRG is doubling its natural gas-fired power plant fleet through acquisitions and preparing to thrive with or without the data center power boom.
