Business news
- Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout - Investors want to know if Oracle, under new CEOs Clay Magouyrk and Mike Sicilia, can pay for and deliver data centers packed with Nvidia chips for OpenAI.
- Google is rolling out a new feature allowing users to change their Gmail address - Google says it is rolling out a feature that lets users change their Gmail addresses in a long-requested update to their email policy.
- The Trump-class battleship faces a large obstacle in its way: reality. - Even if it were technically feasible, the cost of building the battleship would be prohibitive.
- Monetizers vs manufacturers: How the AI market could splinter in 2026 - AI infrastructure firms are set to win from the evolution of once asset-light Big Tech firms.
- 'Humans are the most important part' of investing, says a fund manager whose firm makes every call with algorithms - The AI-driven fund has seen higher annual returns across a 10-year period compared with an industry benchmark, per the firm.
- Asia markets set to open higher with holiday-thinned trade - Australia and Hong Kong markets were closed for the holidays.
- Waymo pauses robotaxis in SF again due to flash flood warnings on Christmas Day - Waymo again paused it robotaxi service, citing a flash flood warning on Christmas Day.
- Why buying Berkshire was Warren Buffett's biggest mistake - As Warren Buffett goes into his last week as Berkshire Hathaway's CEO, a 2010 CNBC video clip has him explaining why buying the company was his biggest mistake.
- Wall Street wrote off Palantir as too expensive. Retail investors can't get enough - The stock, which made its market debut in 2020, is an indisputable star of the retail investing world.
- Tariffs hit boots, bags and more as leather prices jump — and relief could be years away - Leather prices are expected to continue rising in 2026 as Trump's tariffs crimple a global supply-chain while domestic manufacturing and cattle herds are down.