CoreWeave growth faces debt and Nvidia dependence

 

CoreWeave’s blistering AI-fueled growth hides mounting peril, the article argues. The newly public data center operator posted $1.4 billion in Q3 revenue and marquee deals with Microsoft, OpenAI and Meta, yet it’s laden with about $14 billion of debt, soaring interest costs, construction delays and “material weaknesses” in controls. Critics...

Media startups sidestep Google with direct audiences

 

As Google-driven traffic dwindles, a new wave of media startups is thriving by courting readers directly through newsletters, events, podcasts, and YouTube. The Bulwark says search ranks “at the very, very bottom” of its growth and claims “Google going to zero” wouldn’t matter. Founders from outlets like Ankler Media, Hell...

Emirates orders Boeing jets at Dubai show

 

The Dubai Air Show opened with Emirates ordering 65 Boeing 777-9 jets, a $38 billion list-price deal with GE engines that lifts its 777-9 backlog to 270 despite delays. Chairman Sheikh Ahmed bin Saeed Al Maktoum hopes deliveries start in the second quarter of 2027; Boeing gave no timeline. Boeing...

Thiel Macro exits Nvidia backs Apple Microsoft Tesla

 

Peter Thiel’s Thiel Macro LLC sold its entire Nvidia stake in the third quarter, unloading 537,742 shares worth about $100 million at Sept. 30’s close, according to a 13F filing. The move marks another retreat from the leading AI chipmaker. The fund now lists Apple and Microsoft among its main...

Clothing rentals grow as prices and tariffs rise

 

Two years after swearing off new clothes, Minnesota pharmacist and creator Lydia Patel relies on rental services to dress for life’s occasional events, saving money and skipping laundry. She’s part of a growing shift as apparel prices climb and tariffs bite, pushing shoppers toward subscriptions from companies like Nuuly and...

Jeep drives comeback with cheaper models and EVs

 

Jeep is staging a comeback after six straight U.S. sales declines, realigning prices and rolling out its biggest product push in years. CEO Bob Broderdorf says the brand is "reclaiming" its segment as the redesigned, less costly Grand Wagoneer arrives and the all electric Recon debuts this week. Early signs...

Novo Nordisk cuts Wegovy and Ozempic prices

 

Novo Nordisk cut direct-to-consumer prices for Wegovy and Ozempic to $349 a month for cash-paying patients, while the highest Ozempic dose stays $499. A temporary offer lets new cash payers get the two lowest doses for $199 a month for the first two months, ending March 31. The moves follow...

Czech Republic advances Dukovany nuclear expansion plan

 

Amid the hum of drills at Dukovany, the Czech Republic is pressing ahead with a $19 billion nuclear expansion, selecting South Korea’s KHNP over France’s EDF to build two reactors of over 1,000 megawatts each, part of a bid to at least double nuclear output. Geological surveys reach 140 meters...

Jeff Bezos to colead Project Prometheus AI

 

Jeff Bezos is stepping back into an operational role as co-chief executive of Project Prometheus, a low-profile artificial intelligence start-up launching with $6.2 billion in funding, partly from him, according to people familiar with the company. It marks his first operational role since stepping down as Amazon chief executive in...

BNPL surge masks growing consumer debt risks

 

Capital One cofounder and BNPL investor Nigel Morris warned at Web Summit that Americans using buy now pay later for groceries signals mounting strain. BNPL now counts 91.5 million U.S. users, with 25% financing groceries, and late payments climbed to 42% in 2025, LendingTree says. Because most loans are not...