SpaceX Acquires xAI in Record-Shattering $1.25 Trillion Deal, Musk Eyes Historic IPO
Elon Musk combines SpaceX and xAI in a $1.25 trillion deal that dwarfs every merger in corporate history, setting up what could be the largest American IPO ever.
Elon Musk combines SpaceX and xAI in a $1.25 trillion deal that dwarfs every merger in corporate history, setting up what could be the largest American IPO ever.
The headline sounds like a punchline: top engineers at Anthropic and OpenAI say AI now writes 100% of their code. But they are not joking, and they are not alone. Boris Cherny, who runs Anthropic’s Claude Code product, says he has not written code by
President Donald Trump just nominated Kevin Warsh to lead the Federal Reserve, replacing Jerome Powell when his term expires in May. The announcement caps a year-long pressure campaign against Powell that included personal insults, threats of termination, and just three weeks ago, DOJ subpoenas threatening
Mark Zuckerberg just made one of the most strategically interesting acquisitions in Meta’s history, and it flew under the radar during the holiday news vacuum. The company acquired Manus, a Singapore-based AI agent startup with distinctly Chinese roots, for over $2 billion. The deal closed
Jensen Huang isn’t just selling picks and shovels to AI gold miners anymore. He’s buying the mines. Nvidia now holds a 7% stake in CoreWeave through 24.3 million shares worth approximately $3 billion, making the specialized AI cloud provider the dominant position in Nvidia’s investment
Two billion people. $27 trillion in combined market value. Twenty years of failed negotiations suddenly compressed into a handshake that should make Washington very nervous. India and the European Union announced the largest free trade agreement in either bloc’s history on Tuesday, a sweeping deal
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Bitcoin plunged below $88,000 on Sunday as leveraged long positions got liquidated into the weekend, with traders bracing for what could be a volatile week ahead. The world’s largest cryptocurrency fell to approximately $87,900, wiping out tens of millions in leveraged positions as geopolitical risk
Wall Street just lived through the most exhausting 48 hours since Liberation Day. President Trump’s Greenland tariff threats sent the S&P 500 plunging 2.1% on Tuesday, its worst day since October, only for markets to roar back Wednesday after Trump announced the “concept of a
Prime Minister Mark Carney just executed one of the boldest foreign policy pivots in Canadian history. The former central banker traveled to Beijing last week and returned with a trade agreement that effectively tears up Canada’s alignment with Washington on Chinese electric vehicles while unlocking
Crypto market signals have become increasingly complex as digital assets mature from speculative playthings into legitimate components of the global financial system. Understanding what moves Bitcoin, Ethereum, and the broader cryptocurrency market now requires fluency in technical indicators, macroeconomic forces, and the growing correlation between
President Trump’s obsession with buying Greenland just triggered the first major market rout of 2026. Over the weekend, Trump announced 10% tariffs on eight European nations starting February 1, escalating to 25% by June 1, unless Denmark agrees to sell the Arctic territory. The response
Google’s Gemini isn’t just an AI model anymore. It’s an operating layer spreading across everything the company touches, and January 2026 marks the moment that expansion went from strategy deck to shipping product. In the span of two weeks, Google launched Opal for no-code AI
CES 2026 wrapped up in Las Vegas with a clear message: the future is autonomous, AI-powered, and weirdly obsessed with robot pets. The annual consumer electronics showcase delivered its usual mix of genuine innovation and promotional theater, but this year’s dominant themes tell a coherent
ExxonMobil CEO Darren Woods walked into the White House with a message President Trump didn’t want to hear: Venezuela is “uninvestable.” The blunt assessment during a meeting between Trump and major oil executives has now put the world’s largest publicly traded oil company at risk
The Department of Justice has launched a criminal investigation into Federal Reserve Chair Jerome Powell, a stunning escalation in the Trump administration’s campaign against the central bank that sent markets reeling and triggered immediate bipartisan backlash on Capitol Hill. Powell disclosed the probe himself, revealing
Defense stocks went on a wild ride over the past 24 hours, first plunging on threats from President Trump to block dividends and share buybacks, then surging on his call for a record $1.5 trillion military budget in 2027. The whiplash illustrates a new reality
The entire development team behind Zcash walked out the door on January 7, and they’re not coming back. Electric Coin Company, the organization that has built and maintained the privacy-focused cryptocurrency since its 2016 launch, resigned en masse following what CEO Josh Swihart called a
The Big Short Takes On Big AI Michael Burry, the investor immortalized in “The Big Short” for predicting the 2008 financial crisis, has turned his sights on a new target: the artificial intelligence boom. He’s now leveling accusations of systemic fraud and financial engineering at
Samsung’s grand CES 2026 reveal wasn’t a television. It wasn’t a washing machine with an AI chip. It was a phone that folds twice, costs nearly $2,500, and has already sold out in South Korea before most Americans even knew it existed. The Galaxy Z