As AI valuations soar into the hundreds of billions, a parallel market of temporary financial shells is proliferating to meet investor FOMO, and many investors are starting to sound the alarm bells that it portends a bubble in the AI gold rush. Special purpose vehicles, or SPVs, enable investors to pool their money into funding
Wyles Daniel | Contributor Banco de Reservas (Banreservas) is rewriting conventional wisdom about banks. Long viewed as slow, politically entangled institutions, public lenders rarely make headlines for record profits or overseas expansion — but the Dominican Republic’s 83-year-old Banco de Reservas is doing both. Since 2020, the bank has nearly doubled its assets, opened offices
Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group Corp. and Dragoneer Investment Group, in a deal that values the ChatGPT maker at $500 billion, according to people familiar with the matter. The talks are early and the size of
Ford CEO Jim Farley on new EV production plans in Louisville Ford CEO Jim Farley introduced the automaker’s new “Universal EV Platform’ during an Aug. 11, 2025 announcement at the Louisville Assembly Plant. Ford’s $5 billion investment in EV manufacturing comes despite the rollback of federal incentives and other hurdles. Analysts expect the EV market
Meta’s Zuckerberg bets hundreds of billions on AI data centers Mark Zuckerberg said on July 14, 2025, that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers. Julian Satterthwaite reports.
6 terms to know before you start house hunting In the housing market, here are some terms to know before you jump in and get your heart set on a dream home. For more information, visit the Federal Trade Commission website, FTC.gov. Capitol Federal Savings Bank is shifting its focus from home mortgages to commercial
3-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com A local North Jersey manufacturer and a banking giant are laying off nearly 200 people combined in the coming weeks, according to public notices filed with the New Jersey Department of
Palantir is scheduled to report second-quarter earnings in the next week, and expectations are sky high. Adam Spatacco | The Motley Fool AI is already disrupting the job market Hiring managers are highlighting soft skills as a way employees can prove their value to the company. Palantir Technologies (NASDAQ: PLTR) has been one of the
A popular ice cream maker headquartered in Holland will move forward with plans for a $40 million expansion, following initial approval for a performance-based grant July 29 from the Michigan Economic Development Corporation. According to documents provided by the MEDC, Hudsonville Ice Cream requested and was approved for $700,000 in grant funds, helping to create
Nvidia’s CEO has sold millions of dollars worth of his company’s shares this year, and he’s not done selling yet. David Jagielski | The Motley Fool Nvidia CEO sells 100,000 shares of company stock Jensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of