Esteban Tesson

A Republican senator still has reserves on Kevin Warsh's nomination to lead the Fed

Republican Senator Thom Tillis said he would not lift his opposition to Kevin Warsh's nomination as chairman of the Federal Reserve. Speaking to reporters at the Capitol, the North Carolina lawmaker said no statement from the nominee could change his position, even during their meeting scheduled for later in the day. He said that his refusal was not directed at Warsh personally but at the process surrounding the nomination.

11 March 2026 at 05:20 pm AEDT

XAI wins approval to build gas-fired power plant to supply its data centers

The Mississippi plant, meant to support Elon Musk's company's artificial intelligence infrastructure, is facing opposition from residents and environmental groups.

11 March 2026 at 04:54 pm AEDT

AT&T plans $250bn in US network investments

The telecom operator wants to bolster its infrastructure to meet rapidly growing demand driven by AI, cloud computing and connected devices.

11 March 2026 at 04:51 pm AEDT

Oracle beats Q3 expectations on AI demand

The US group is benefiting from the boom in artificial intelligence to accelerate growth in its cloud services and top analysts' forecasts.

11 March 2026 at 04:46 pm AEDT

Oracle tops third-quarter expectations on AI-driven demand

The US group is riding the artificial intelligence boom to accelerate growth in its cloud services and beat analysts' forecasts.

11 March 2026 at 07:28 am AEDT

A Republican senator keeps his hold on Kevin Warsh's Fed nomination

Republican Senator Thom Tillis said he would not lift his objection to Kevin Warsh's nomination to serve as chair of the Federal Reserve. Speaking with reporters at the Capitol, the North Carolina lawmaker said nothing the nominee says would change his position, even during their scheduled meeting later in the day. He said his refusal is not about Warsh personally, but about the process surrounding the nomination.

11 March 2026 at 07:16 am AEDT

XAI Wins Approval to Build a Gas-Fired Power Plant to Supply Its Data Centers

The Mississippi plant project, intended to support the Elon Musk company's artificial intelligence infrastructure, is drawing opposition from residents and environmental groups.

11 March 2026 at 06:44 am AEDT

AT&T plans $250bn in U.S. network investment

The telecom operator wants to bolster its infrastructure to keep up with rapidly rising demand tied to AI, cloud computing and connected devices.

11 March 2026 at 06:19 am AEDT

A judge temporarily blocks Perplexity's AI shopping agent on Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial-intelligence browser.

11 March 2026 at 05:53 am AEDT

A judge temporarily blocks Perplexity's AI shopping agent from accessing Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial intelligence browser.

11 March 2026 at 05:14 am AEDT

Amazon reviews outages linked to the use of AI-assisted code

11 March 2026 at 04:27 am AEDT

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The US group is stepping up its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

11 March 2026 at 04:24 am AEDT

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The American group is doubling down on its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

11 March 2026 at 03:49 am AEDT

Amazon reviews outages tied to AI-assisted coding

11 March 2026 at 03:27 am AEDT

Citigroup forecasts sustained growth in its investment banking and markets businesses

Citigroup expects around 15% growth in its investment banking fees and markets revenue in Q1, chief executive Jane Fraser said at a conference hosted by RBC. Growth is driven by the strength of equity and bond markets, which is supporting activity in the bank's capital markets division.

11 March 2026 at 03:17 am AEDT

Bill Ackman prepares a dual Wall Street listing for Pershing Square

Billionaire and activist investor Bill Ackman has filed paperwork to list his hedge fund Pershing Square in the United States, along with a new investment vehicle called Pershing Square USA. The transaction could enable him to join the small group of listed alternative asset managers, with his fund managing about $30.7bn in assets.

11 March 2026 at 03:12 am AEDT

Meta acquires Moltbook, a social network of artificial intelligence agents

Meta Platforms has announced its acquisition of Moltbook, an experimental platform where artificial intelligence agents interact with one another, to strengthen its research capabilities in autonomous agents. As part of the deal, the start-up's co-founders, Matt Schlicht and Ben Parr, will join Meta Superintelligence Labs, the AI research unit led by Alexander Wang. The financial terms of the transaction were not disclosed.

11 March 2026 at 03:08 am AEDT

Meta acquires Moltbook, a social network for artificial intelligence agents

Meta Platforms announced the acquisition of Moltbook, an experimental platform where artificial intelligence agents interact with one another, to strengthen its research capabilities in autonomous agents. As part of the deal, the startup's co-founders, Matt Schlicht and Ben Parr, will join Meta Superintelligence Labs, the AI research unit led by Alexander Wang. The financial terms of the transaction were not disclosed.

11 March 2026 at 02:31 am AEDT

Bill Ackman prepares a dual Wall Street listing for Pershing Square

Billionaire activist investor Bill Ackman has filed to list in the United States his hedge fund Pershing Square, along with a new investment vehicle called Pershing Square USA. The move could allow him to join the small group of publicly traded alternative asset managers, as his fund manages about $30.7bn in assets.

11 March 2026 at 02:08 am AEDT

Citigroup expects sustained growth in its investment banking and markets businesses

Citigroup is forecasting an increase of around 15% in its investment banking fees and markets revenue in the first quarter, Chief Executive Officer Jane Fraser said at a conference hosted by RBC. The gain is being driven by the strength of equity and bond markets, which is supporting activity in the bank's capital markets division.

11 March 2026 at 01:52 am AEDT

Wall Street rebounds on hopes the conflict with Iran is nearing an end

Major U.S. indexes finished higher Monday, lifted by a late-session bounce and a drop in oil prices after President Donald Trump suggested the war involving the United States, Israel and Iran could be approaching its end. In that context, the S&P 500 rose 0.83% to 6,795.9 points, the Dow Jones gained 0.5% to 47,740.8 points and the Nasdaq 100 advanced 1.32% to close at 24,967.2 points.

10 March 2026 at 08:20 am AEDT