Boeing vs. SpaceX: Which will bring stranded NASA astronauts back to Earth?
Ron Epstein, senior aerospace and defense analyst at BofA, discusses on The Big Money Show whether it’s time to separate Boeing’s civilian and defense businesses. Plans to bring them home American astronauts left behind While a launch from the International Space Station is still up in the air, NASA has said it may ask SpaceX […]
Olympic swimming pool heated by AI data center
Ivana Delevska, founder and chief investment officer at Spear Invest, breaks down the top AI stocks on “Making Money.” The Beginning Artificial Intelligence (AI) Demand for data centers, which emit large amounts of heat, is on the rise, one example of which is the use of excess heat from the Paris Summer Olympics. A data […]
Planned Florida electric bus center poses new challenges, including potential EV fires
FOX Business’ Madison Alworth reports from Naples, Florida, where fire departments are battling a water-damaged electric vehicle fire. A South Florida fire captain said he is preparing to open a planned transportation operations center that will house 100 60-foot articulated battery-electric buses, but that brings with it a host of new challenges. Lt. Mike Adams […]
X to close San Francisco headquarters
Washington Post Op-ed and columnist Heather Long discusses the Federal Reserve’s managed interest rate cuts and the impact of July’s jobs report. Social media company X, which was known as Twitter before it was acquired by Elon Musk, is reportedly planning to close its San Francisco headquarters and relocate to Texas. An internal email from […]
Federal judge rules Google’s advertising, search business broke antitrust laws
Mark Mahaney, senior managing director at Evercore ISI, discusses whether lower interest rates could benefit big tech stocks in Varney & Company. A federal judge ruled Monday that tech giant Google’s parent company, Alphabet, violated federal antitrust laws by cementing its dominant position in online search and advertising. The ruling by U.S. District Judge Amit […]
Elon Musk sues OpenAI, Sam Altman again
Dominari Financial CEO Kyle Uhl analyzes Tesla and discusses big tech earnings outlook at Varney & Co. Weeks after dropping a lawsuit against the artificial intelligence startup he co-founded in 2015, billionaire Elon Musk has filed another lawsuit against OpenAI and its executives. The new lawsuit, filed Monday in U.S. District Court in Northern California, […]
TikTok hit with Justice Department lawsuit over children’s privacy violations
Rep. Greg Stube (R-Fla.) appeared on The Big Money Show to discuss TikTok’s privacy concerns and whether Israel is heading for all-out war with Hezbollah. The Department of Justice (DOJ) on Friday The lawsuit against TikTok The company filed a lawsuit against the company and its China-based parent company ByteDance, alleging that they failed to […]
AI giant Nvidia faces calls from progressive groups for an antitrust probe
Dominari Financial CEO Kyle Uhl analyzes the June Producer Price Index (PPI) report and reacts to Big Tech’s worst decline since 2022 at Varney & Co. Nvidia has faced calls for an antitrust investigation from Massachusetts Democratic Senator Elizabeth Warren and several progressive groups who say Nvidia is violating antitrust laws. Artificial Intelligence (AI) The […]
Taco Bell to expand AI tech at drive-thrus
Sarah Ponczek and Luke Lloyd discuss the technology and AI landscape, the impact on air freight and ocean shipping rates with Shein and Temu, and how to handle federal rates. Taco Bell customers across the U.S. may soon see a change in their drive-thru experience. Yum Brands, the fast-food chain’s parent company, said Wednesday it […]
South Pasadena rolls out fully electric police fleet
The Model Y is already on the road in Southern California as the company shows off its Cybertruck “next-generation patrol vehicle.” (Photo credit: AnaheimPD) A California city has officially switched its police department’s fleet from gasoline-powered police vehicles to all-electric police vehicles. South Pasadena, located northeast of Los Angeles, on Monday introduced the South Pasadena […]