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Elon Musk’s Twitter backers gain windfall from xAI deal

Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up

Business - Financial Times - 3 days ago

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

Meet ‘Generation Windfall’: coming to an estate agent near you

Fears of tax rises at the Budget have sent the Bank of Mum and Dad into overdrive

World - Financial Times - November 1

Oil firm blames windfall tax for North Sea pull-out

Texas-based Apache says the windfall tax on energy profits will make its operations "uneconomic".

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Valuations at Musk’s SpaceX and xAI set to soar in new deals

Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round

Business - Financial Times - November 15

Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round

The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.

Tech - The Wall Street Journal - November 20

Germany's top court rejects renewable energy producers' case against use of windfall profits

World - Yahoo News - 2 days ago

xAI woos developers with $25/month worth of API credits, support for OpenAI, Anthropic SDKs

It doesn't sound like much coming from the world's wealthiest man and multi-billionaire, and it's not really on a per user basis.

Tech - VentureBeat - November 4

Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.

Business - CNBC - November 15

I inherited $200,000. One of my daughters is married with kids, but the other has debts. Do I split my windfall 50/50?

“She has incurred a lot of debt due to the financial strain of a sick pet, a car loan, student loans and an unpaid military home loan.”

Business - MarketWatch - 2 days ago

Is nuclear power gaining new energy?

Countries around the world are building new nuclear power stations.

Republicans Clinch Control of the Senate

After picking up seats in West Virginia, Ohio and Montana and winning an unexpectedly close race in Nebraska, the G.O.P. sealed a majority. Tight races in swing states will determine their margin.

Top stories - The New York Times - November 6

Kamala Harris yet to speak as Trump wins White House

Exit poll data suggests Kamala Harris may have underperformed with female voters.

How Trump gained support among Latino voters

President-elect Donald Trump gained support among Latino voters in the 2024 election. CBS News political director Fin Gomez explains how.

Results: How small gains delivered a big win

How a shift in support among different groups added up to Trump regaining the White House.

Republicans Carry Ballot Gains to State Houses

The Republicans’ election dominance carried into state legislatures, where the party made gains in Minnesota, Michigan, Pennsylvania and Vermont. Democrats, though, broke the G.O.P. supermajority ...

Top stories - The New York Times - November 7

Democratic Latino groups wrestle with Trump's election gains

A group of Democratic-leaning advocates say their polling shows that Trump did not win a majority of Latino men and that Latinos still support progressive policies.

Politics - NBC News - November 14

Republicans made substantial gains in state legislative battlegrounds

Across state House and Senate chambers where partisan control was up for grabs, Republicans were victorious, while Democrats broke a few GOP supermajorities.

Politics - NBC News - November 15

Trump's gains with minority voters fuel GOP optimism

Republicans have made gains with minority voters in the past two elections, a marked shift among some of the most loyal voting blocs for Democrats. The GOP saw an increase in support from Asian, ...

Politics - The Hill - November 17

Power Rankings: Gonzaga, Auburn, Kentucky make gains

Statement wins helped the Zags, Tigers and Wildcats enjoy massive boosts.

Sports - ESPN - November 17

Hacker gains access to testimony in Gaetz investigations: reports

A hacker gained access to witness testimony related to investigations into former Rep. Matt Gaetz (R-Fla.), who resigned from Congress last week after President-elect Trump tapped him for attorney ...

Politics - The Hill - November 19

Ukraine front could 'collapse' as Russia gains accelerate, experts warn

Moscow's forces have taken more ground since September than they did over the course of 2023, analysts say.

Far right gains traction in EU assembly

Patriots and ultraconservatives push centre-right EPP away from its allies

World - Financial Times - November 21

Bracketology: UConn's loss is Tennessee's -- and the SEC's -- gain

Feast Week: When no team, not even the reigning back-to-back national champion, is safe.

Sports - ESPN - 2 days ago

Why Trump made gains among Latinos

Latinos played a key role in delivering President-elect Donald Trump an election victory earlier in November. Geraldo Cadava, professor of history and Latina and Latino studies for Northwestern ...

Tech stock sell-off wipes out Wall Street’s October gains

Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early September

World - Financial Times - October 31

Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high

Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.

Business - MarketWatch - November 1

Trump looks to gain support from Latino voters while campaigning in Southwest

Former President Donald Trump campaigned in Arizona Thursday where he repeated false claims about Democrats in 2020. He also criticized Vice President Kamala Harris on immigration and the economy.

Super Micro's 45% plunge this week wipes out stock's gains for the year

Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.

Business - CNBC - November 1

Trump victory bets and strong US economy power dollar gains

Greenback enjoys strongest month in two years ahead of presidential election

Business - Financial Times - November 2

The G.O.P. Gained Ground in New York in 2022. Can Democrats Recover?

Democrats still hold supermajorities in both chambers of the State Legislature, but Republicans are hoping to keep the momentum from the 2022 midterms.

Top stories - The New York Times - November 2

Tropical Storm Rafael gains intensity in Caribbean as it nears Cuba

Storm expected to reach hurricane status but should weaken before it hits the US Gulf coast. Tropical Storm Rafael has grown more powerful in the Caribbean Sea and is poised to reach hurricane ...

World - The Guardian - November 5

Democrats have a diversity problem — The GOP is gaining non-white support

The Republican Party has made inroads into non-white communities, particularly Latinos, Asians and Black men, due to their shared religious values and socio-economic needs, and Democrats must ...

Politics - The Hill - November 5

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