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OpenAI, SoftBank, and Oracle's Stargate project is building massive AI data centers that bypass the electrical grid entirely, signaling a fundamental shift in how America powers its AI ambitions.
The Surface Transportation Board rejected the 6,692-page merger application as incomplete, delaying the proposed $85 billion combination to create America's first transcontinental railroad.
The Senate Banking Committee delays markup of the Digital Asset Market CLARITY Act after leading crypto firms withdraw support, citing concerns over provisions affecting non-custodial developers.
Goldman Sachs declares the IPO backlog is at its highest since 2021 as private equity firms prepare to exit a record 12,900 portfolio companies held for nearly seven years on average.
Apple begins limited testing of Apple Intelligence AI features on iPhone 16 models in mainland China, navigating strict censorship requirements in its most challenging market.
CSX reported Q4 2025 earnings of $720 million as the railroad giant grapples with soft freight demand and layoff-related severance costs.
Taiwan Semiconductor's Q4 2025 profit jumped 35% to NT$505.7 billion as AI processor demand from Nvidia and Apple fueled revenue past NT$1 trillion.
Johnson & Johnson reports Q4 revenue of $24.6 billion, up 9.1%, driven by explosive growth in cancer and immunology treatments. Company projects $100.5B in 2026 sales.
Treasury Secretary Bessent says Trump has narrowed Fed Chair candidates to four finalists, with a decision potentially coming next week.
All nine Supreme Court justices expressed skepticism of Trump's claim to fire Fed Governor Lisa Cook, in a case that could reshape central bank independence.
The Fed's preferred inflation gauge rose to 2.8% year-over-year in November, up from 2.7% in October, signaling the central bank will likely hold rates steady next week.
SLB posts weaker Q4 2025 results with EPS down 19.6% year-over-year as declining oil prices and demand-supply imbalances pressure the oilfield services sector.