Beijing Blinks: China Tells Tech Giants to Prepare Orders for Nvidia Chips

Chinese regulators have signaled a major shift in trade policy by telling the country’s largest technology firms that they can begin preparing orders for Nvidia Corp. (NASDAQ:NVDA) H200 artificial intelligence chips. Regulators recently granted in-principle approval for Chinese tech giants, including Alibaba Group Holding Limited (NYSE:BABA), Tencent Holding Ltd (OTC:TCEHY), and ByteDance, for the next […]

Seadrill Lands $235 Million Contract In New Rig Work

Seadrill Limited (NYSE:SDRL) shares rose in premarket trading on Wednesday after the company announced new rig contracts spanning three continents. The updates include work in Malaysia, Norway and Brazil, supporting Seadrill’s contracted revenue outlook into 2026 and 2027. Contract Wins Across Markets Seadrill said the ultra-deepwater drillship West Capella won a contract in Malaysia that […]

Congresswoman Violates STOCK Act with Over 200 Late Trade Disclosures

Rep. Julia Letlow (R-La.) reportedly violated a federal transparency law by failing to disclose her personal stock trades within the required time frame. Lawmaker Missed STOCK Act Trade Filings Letlow, a third-term Louisiana congresswoman, failed to disclose 224 stock and bond trades within the 45-day reporting window required under the Stop Trading on Congressional Knowledge (STOCK) Act, reported […]

Here’s why Wells Fargo Can Compete On ‘More Level Playing Field’ In 2026

Wells Fargo & Company (NYSE:WFC) posted stronger-than-expected fourth-quarter earnings on Wednesday as net interest income and fees climbed, but the bank’s shares slipped premarket after revenue came in light. Wells Fargo reported fourth-quarter 2025 net income of $5.4 billion, or $1.62 per diluted share, up from $5.1 billion, or $1.43 per share, a year earlier. […]

Global Traders Edge Out U.S. Giants in Race for Venezuelan Oil Deals: Report

Global oil trading houses have reportedly taken the lead in securing deals for Venezuelan crude, outpacing U.S. energy majors. Vitol, Trafigura Eye Venezuelan crude Despite President Donald Trump‘s announcement that U.S. majors would invest billions in Venezuela, the first companies to secure business in the country were Dutch-trader Vitol and Singapore-based Trafigura, two non-U.S. entities, reported Reuters on Monday. The U.S. government selected […]

Rep. Thomas Kean Has Sold Up to $100K Worth of Johnson & Johnson Stock

A December filing shows that Representative Thomas Kean reported a sale in Johnson & Johnson (NYSE:JNJ), valued between $30,002 and $100,000. The transaction date is listed as November 20, 2025, with the report published on December 19, 2025. At present, Johnson & Johnson shares are trading up 0.25% at $206.89. What Representative Has Been Trading […]

Sam Altman Calls Google a Huge Threat

Sam Altman, the CEO of OpenAI, expressed concerns about Google’s dominance in the field of artificial intelligence (AI). He believes that Google’s immense power and business model could pose a significant threat in the AI space. Altman Warns of Google’s AI Power Altman, in a conversation with Alex Kantrowitz on the Big Technology Podcast, highlighted the potential danger that […]

Nio Flags ES8 Chip Shortage, Introduces Temporary Fix

Nio Inc. (NYSE:NIO) shares traded mostly flat on Wednesday after the Chinese EV maker flagged a supply issue affecting its new ES8 SUV. The company said a key component shortage could slow production and deliveries. Nio said the chip used for the rear-seat entertainment system is in short supply, pushing the company to use a […]

Tech talk

Uber Secures $5B Revolving Credit Facility: Teams Up With?

September 27, 2024

On Friday, Uber Technologies, Inc. (NYSE:UBER) announced it has partnered with Spirit Halloween to enhance its on-demand delivery services. The Spirit Halloween catalog will be accessible on Uber at the same in-store prices. Uber One members will get a $0 delivery fee and a 5% discount on Spirit Halloween orders over $35. Additionally, all consumers […]
Read More