Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran…

Databricks wraps $5 billion funding round at $190 billion valuation

Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation…

Kalshi's CEO is racing to build a futures market for AI's most precious resource, which could be worth $100 trillion by 2030 | Fortune

When the price of jet fuel skyrocketed at the outset of the Iran war, it scrambled…

Trump-linked oil venture delays Greenland drilling plans after government warning

The Icelandic and Canadian consulates building, left, in the historic old district of Nuuk, Greenland, on…

The bond market is signaling trouble ahead for stocks

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Monterey Car Week auctions could hit a record $500 million, with help from younger buyers

A 1996 McLaren F1 GTR. Crystal Lau | CNBC A version of this article first appeared…

The Gulf wants to break free from the world’s data chokepoints | Fortune

This is the web version of Fortune Gulf Brief, a weekly newsletter providing smart coverage on…

'Big Short' investor Steve Eisman sees an Achilles' heel in the AI boom

Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes…

The Gulf’s AI boom is driving the race to control the data highways  | Fortune

As tech behemoths Meta and Google delay subsea cable projects through the Red Sea amid rising…

Wholesale prices were flat in July, below expectations for 0.2% increase

Wholesale costs for goods and services were flat in July, the Bureau of Labor Statistics reported…