Money, Wealth & Power—A Daily Look at the Financial World
Jensen Huang’s fortune has vaulted him past Bernard Arnault, pushing the Nvidia cofounder into the world’s seventh-richest slot as investors crowd into the artificial intelligence boom. The shift is more than a leaderboard novelty: it captures a deeper rotation of global wealth from heritage luxury toward the infrastructure of machine intelligence. The question now is…
Wall Street is entering 2026 convinced that price pressures are fading just as growth reaccelerates. Consensus calls for inflation to drift lower even as U.S. output is projected to rebound to 2.2%, a rare soft-landing script that leaves little room for nasty surprises. The more I look at the underlying forces, however, the more it…
Chinese regulators are quietly telling the country’s biggest lenders to pull back from U.S. government bonds, just as global investors are rediscovering their anxiety about American debt. The guidance has collided with a record-breaking rush into gold and renewed geopolitical tension, feeding a narrative that Beijing is preparing a stealthy exit from Washington’s IOUs. The…
Michael Saylor just absorbed the kind of hit that would make most corporate boards slam the brakes. After a sharp Bitcoin slide knocked roughly $900 M off the paper value of his company’s crypto stash, the evangelist of digital scarcity is once again testing how much volatility public shareholders are willing to stomach. The episode…
Google has locked in one of the largest single corporate solar power deals in the United States, securing 1 gigawatt of capacity to run its expanding data center footprint in Texas for 15 years. The agreement with French energy major TotalEnergies signals how quickly the power system behind artificial intelligence and cloud computing is being…
California has staked its climate reputation on aggressive electric vehicle mandates, generous subsidies and a willingness to pick winners in the market. The idea is simple: move fast, back bold technology and let scale drive down costs for everyone. Yet as Tesla’s Cybertruck stumbles, the state’s strategy of concentrating political capital and public support around…
Ford is betting that the next revolution in cars will not start with a battery or a screen, but with how the vehicle itself snaps together. The company is pouring billions into a midsize electric truck, targeting a roughly $30,000 price, built from large modules that fit like flat-pack furniture rather than inching down a…
Jim Cramer has injected fresh drama into Bitcoin’s latest pullback, telling viewers he has “heard” the Trump administration wants to load up the U.S. strategic stash around the $60,000 mark. The claim lands at a moment when Bitcoin is testing that level as a technical floor and when Washington has already laid out a formal…
Florida’s latest corporate catch is not a retirement community or a resort chain, but a quantum computing company uprooting its headquarters from the heart of Silicon Valley. D-Wave Quantum’s decision to leave Palo Alto for Boca Raton crystallizes a broader realignment in which high-growth firms and high‑net‑worth founders are trading California’s taxes and regulation for…
For years, investors have treated government bonds as the ballast in a stormy portfolio, the asset that quietly offsets stock market drama. Bank of America is now arguing that this comfort blanket is more fragile than it looks, because the safety of bonds has been propped up by the very equity boom they are meant…