— S&P 500, Nasdaq hit records; Bitcoin nearing previous all-time high
— Macy's closing over 100 stores across the U.S.
— Google takes hit after Gemini blowback
— Elon Musk turns on OpenAI but teases new, delayed Tesla
— Apple dumps electric car plans, surprising many
— Inflation remains hot ahead of Fed Chair Powell's testimony next week
— Regional banks rocked after NYCB disclosure
Investors ended the week with the S&P 500 and Nasdaq Composite sitting at record highs, helping kickoff the month of March. For Bitcoin, it topped $63,000, with gains of over 23% for the past seven days, as tracked by Dow Jones Market Data Group. The all-time high for the world's largest cryptocurrency by market value is $67,353.
American retailer Macy's plans to be much smaller after it shutters 150 locations…
Where does Macy's fit in the U.S. retail pie?
The search giant's AI tool, Gemini, was shown to have a bias against White people. CEO Sundar Pichai finally addressed the situation, but some wonder if this is the company's Bud Light moment…Shares of parent company Alphabet lost 5% this week.
Google parent Alphabet ( )
Elon Musk is suing Sam Altman's Open AI, claiming it's lost its way under his direction…
Elon Musk and Sam Altman (Eric Lee/Bloomberg via Getty Images (AP Photo/Jae C. Hong) / Getty Images)
As for Musk's Tesla, the long-delayed new model is coming soon, he promised…
How far ahead is Elon Musk in the electric vehicle race?
The Tesla Roadster, the world's first highway-capable all-electric car available in the U.S., is displayed on its production debut in the Tesla flagship store May 1, 2008, in Los Angeles. (Vince Bucci/Getty Images / Getty Images)
Apple scrapped plans to develop an electric vehicle, good nighting what was known as "Project Titan," per reports…
Here's why Apple is dropping out of the EV business.
Ahead of the March anniversary of the collapse of Silicon Valley Bank, NYCB is warning investors it's on shaky ground, sending chills through the regional banking industry…
Is another regional bank on the verge of collapse?
The Federal Reserve's favorite data point on inflation didn't bring enough relief for policymakers and is making the timing for future rate cuts even murkier…
Former Federal Reserve President James Bullard gives his take on inflation.
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