OpenAI Secures Major Chip Deal with Cerebras to Boost AI Response Speed
OpenAI agrees to buy up to 750 megawatts of computing power from Cerebras over three years, a deal valued over $10 billion, to accelerate AI inference and reasoning models.
Microsoft Stock Dips as Alphabet Hits $4 Trillion Market Cap
Microsoft shares fell 2.4% to $459.49, nearing a key trendline. Options traders show bullish sentiment, and historical data suggests a potential rebound.
Mortgage Rates Decline to Lowest Level Since Late 2022
Mortgage rates fell this week, with the 30-year fixed rate averaging 6.18%, the lowest since September 2022, according to Bankrate's survey. The drop follows a recent presidential announcement aimed at boosting mortgage-backed securities purchases.
Dividend ETFs Offer Passive Income Streams for Investors
Dividend-paying ETFs provide passive income, with 12 funds listed by yield and returns. Data shows dividend growers outperformed non-payers from 1973-2024.
China Bans Cybersecurity Software from US and Israeli Firms Including Broadcom's VMware
China banned cybersecurity software from US and Israeli firms, including Broadcom's VMware, citing national security. Broadcom stock declined following the announcement.
Oil Prices Surge Amid Iran Unrest and Supply Disruptions
Crude oil and gasoline prices rose sharply, hitting multi-month highs due to fears of escalating tensions in Iran and supply disruptions from drone attacks. Prices later retreated after a bearish EIA inventory report showed increased supplies.
Akamai Stock Rises After Morgan Stanley Double Upgrade
Akamai Technologies shares gained 3.5% on Jan. 12 following a rare double upgrade by Morgan Stanley, which raised its price target to $115. The company reported Q3 2025 revenue growth of 5% year-over-year, with security revenue up 10%.
Dollar Dips on Yen Rally and Fed Comments Before Recovering
The dollar fell Wednesday due to yen strength and Fed rate cut comments but recovered on upbeat economic data. Gold and silver surged to record highs amid geopolitical tensions.
Dave Ramsey Highlights Key Steps to Millionaire Status Amid Economic Challenges
Dave Ramsey identifies steady retirement investing and owning a paid-off home as primary paths to millionaire status, while noting current economic hurdles like high home prices and retirement savings concerns.
Nvidia H200 Chip Access in China Faces Conflicting Reports
Reports on China allowing Nvidia H200 chips for specific uses were contradicted by customs stating they are not permitted, impacting stock.
Macy's Media Network Partners with Amazon's Retail Ad Service
Macy's Media Network has partnered with Amazon's Retail Ad Service, aiming to enhance its advertising capabilities and attract new brands ahead of the holiday season.
Parents Take Steps to Build Children's Credit Early
Parents are adding children as authorized users on credit cards and monitoring reports to establish credit early, following advice from financial experts.
Bankinter Invests in Crypto Exchange Bit2Me in Funding Round
Spanish bank Bankinter takes minority stake in crypto exchange Bit2Me during a 30 million euro funding round in August 2025, joining other traditional financial backers.
Mortgage Loans Transformed into Investment Securities
Home mortgages are often bundled into securities sold to investors, generating income from monthly payments. These instruments played a role in the 2008 housing crisis.
Trump's Mortgage Bond Demand Sparks Rate Movement
President Trump demanded Fannie Mae and Freddie Mac purchase $200 billion in mortgage bonds via Truth Social. Experts say the move has already influenced rates, with a 20-basis-point drop observed after the announcement.