Solar eclipse drives Europe hotel prices to over $1,000 a night
Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Meta and Nvidia plant ‘very firm flag’ in open-weight AI race led by Chinese Labs
With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.
Nuclear power plants are being shut down as Europe’s drought becomes an energy crisis
Heat and drought are curbing nuclear output across Europe, with Romania starting the process of disconnecting its sole working reactor from the power grid.
Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.
Polls begin to close in primary elections across the country
Progressive Democrats hope to keep their winning streak rolling in Minnesota and Wisconsin.
Hong’s defeat in Wisconsin deals blow to rising Democratic socialists
Progressive Democrats keep their winning streak rolling in Minnesota.
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave’s revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
An inflation report Wednesday should be a big deal for the Fed. Here’s what to expect
The consumer price index is expected to show only a modest increase for July.
