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Nvidia rises 7% as CEO says $660 billion capex buildout is sustainable

The tech industry’s surging capital expenditures for AI infrastructure is justified, appropriate and sustainable, Nvidia CEO Jensen Huang said Friday on CNBC’s “Halftime Report.” “The reason for that is because all of these companies’ cash flows are going to start rising,” Huang said. Nvidia shares were up 7% during trading on Friday. Huang’s comments come […]

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SAVE Act voter ID bill on Trump’s and Congress’s minds: What to know

U.S. Senate Majority Leader John Thune (R-SD) speaks to reporters after the weekly Senate Republican caucus policy luncheon at the U.S. Capitol in Washington, D.C., U.S., U.S., January 13, 2026. Kevin Lamarque | Reuters The rapper Nicki Minaj supports it. Elon Musk says it’s critical to sustain American democracy. The SAVE America Act voter identification

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America’s retreat is increasing China’s control of global EV markets

A large number of new energy vehicles for export park at a car terminal on the Hangzhou section of the Beijing-Hangzhou Grand Canal in Hangzhou, Zhejiang Province, China, on June 2, 2025. Costfoto | Nurphoto | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of an existential

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Why Amazon’s CEO is ‘confident’ with $200 billion spending plan

Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon‘s stock plunged 11% in extended trading on Thursday, dragged lower by market jitters around the company’s $200 billion capex plans, the highest spending forecast among the megacap companies. The forecast is

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Slotkin rejects DOJ interview on troops video, floats Bondi, Pirro lawsuit

Sen. Elissa Slotkin, D-Mich., is seen in the U.S. Capitol on Wednesday, Feb. 4, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elissa Slotkin of Michigan said Thursday that she had refused to sit for a requested interview with the Department of Justice for its investigation over a video in which she

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