Shares in U.S. utility AES Corp. surged more than 12% in premarket trading Wednesday after reports that BlackRock-owned Global Infrastructure Partners (GIP) is preparing a takeover bid worth about $38 billion. If completed, the transaction would rank among the largest infrastructure acquisitions in history. The Financial Times first reported that GIP, a specialist in infrastructure
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30Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged stoppage that could further strain an already fragile economy. The S&P 500 slipped 0.4%, the Nasdaq Composite declined 0.6%, and the Dow Jones Industrial Average fell 42 points, or 0.1%. The investors took a cautious
25Nvidia stock (NASDAQ: NVDA) tanked at open on Wednesday, plunging almost 2% to $184 as the trading day began amid heightened market volatility and broader tech sector fluctuations. The slip comes amid an ongoing government shutdown in the United States, which has increased the overall volatility on Wall Street with investors taking safe bets amid
30Nike Inc. shares rose more than 3% on Wednesday after the athletic apparel maker posted better-than-expected fiscal first-quarter results, topping Wall Street forecasts for both revenue and net income. The company also signaled stronger-than-anticipated sales growth ahead, but warned of challenges from tariffs, holiday sales pressure, and weakness in its China business. Nike shares were
23Tech giant Meta announced on Wednesday that it will start using data from user interactions with its AI chatbot and other AI products to provide hyper-targeted ads across its social media platforms. The announcement comes on the heels of ongoing debate around privacy concerns related to AI chatbots, and the new Meta plan can make
21The US manufacturing sector grew for a ninth straight month in September but at a slower pace, according to S&P Global data. The Manufacturing Purchasing Managers Index (PMI) came in at 52.0, down from 53.0 in August but still above the 50-point threshold that separates growth from contraction. The slowdown was driven largely by weaker
20Vice President JD Vance and Donald Trump Jr. will attend events in the coming months for Turning Point USA, the influential conservative youth organization co-founded by their close friend, the late Charlie Kirk. The news, first reported by Axios, was confirmed to Fox News Digital on Tuesday morning by a source close to both the
24President Donald Trump signed an executive order Tuesday aimed at improving ways to identify and treat pediatric cancers using artificial intelligence. Specifically, the executive order instructs the Make America Healthy Again (MAHA) Commission to work with the White House’s Office of Science and Technology Policy to employ AI on how to use it to diagnose
20The Interior Department announced Tuesday it is testing autonomous lawnmowers on the National Mall in Washington, D.C., in an effort by the Trump administration to use artificial intelligence to ‘boost operational efficiency.’ In an order obtained by Fox News Digital, Interior Secretary Doug Burgum said AI will ‘drive smarter decision-making, boost operational efficiency, and better
23Senate Democrats again blocked Republicans’ short-term funding extension Tuesday afternoon, further increasing the odds of a partial government shutdown and thousands of federal workers going without paychecks. Democratic lawmakers in the upper chamber, led by Senate Minority Leader Chuck Schumer, D-N.Y., banded together to vote against the GOP’s continuing resolution (CR), a move that marked
