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Elon Musk’s xAI Is Spending Nearly $1 Billion A Month As AI Ambitions Outpace Revenue, Internal Documents Show: Report

Elon Musk’s xAI Is Spending Nearly $1 Billion A Month As AI Ambitions Outpace Revenue, Internal Documents Show: Report

by Ananya Gairola | Jan 9, 2026 | General

Elon Musk’s AI venture xAI is reportedly amassing significant losses as it spends on infrastructure, talent and software. xAI Losses Mount As Spending Accelerates Grok-parent xAI reported a net loss of $1.46 billion in the September quarter, reported Bloomberg...

Trump Isn’t Giving Sam Bankman-Fried A Get Out Of Jail Card, Reiterates Resolve To Make US Global Crypto Leader

by Aniket Verma | Jan 9, 2026 | General

President Donald Trump dismissed the idea of pardoning jailed cryptocurrency fraudster Sam Bankman-Fried, according to a report published Thursday. SBF Won’t Get Reprieve From Trump During an interview with The New York Times, Trump indicated he has no intention of...
Bank of New York Mellon Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Bank of New York Mellon Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

by Avi Kapoor | Jan 9, 2026 | General

The Bank of New York Mellon Corporation (NYSE:BK) will release earnings results for the fourth quarter, before the opening bell on Tuesday, Jan. 13, 2025. Analysts expect the New York-based bank to report quarterly earnings at $1.98 per share, up from $1.72 per share...
Trump Says America Will Oversee Venezuela ‘For Years,’ Vows ‘Very Profitable’ Rebuild For The Oil Rich Nation

Trump Says America Will Oversee Venezuela ‘For Years,’ Vows ‘Very Profitable’ Rebuild For The Oil Rich Nation

by Shomik Sen Bhattacharjee | Jan 9, 2026 | General

The US Senate voted on Thursday to rein in President Donald Trump’s ability to launch new military action in Venezuela, even as Trump said American “oversight” of the country could last for years. Senate War Powers Vote Defies Trump’s Plans As...
Jared Kushner-Backed Insurer Oscar Health Is Soaring Overnight: Here’s Why

Jared Kushner-Backed Insurer Oscar Health Is Soaring Overnight: Here’s Why

by Vishaal Sanjay | Jan 9, 2026 | General

Health insurance company, Oscar Health Inc. (NYSE:OSCR) is up 6.69% in after-hours trading on Thursday, at $18.04 per share. The company, founded by Joshua Kushner and backed by his brother Jared Kushner, who is also the son-in-law and former senior advisor to...
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