Kevin O'Leary Explains Why His Big AI Bet is Uranium, Not Big Tech: 'The Trade is Now the Energy Trade' (CORRECTED)

'Canada’s Industry Minister Said The Government Has The Power To Force Cleveland-Cliffs To Sell Its Assets The Country, Escalating A Dispute Over Job Cuts At The Company’s Steel Operations In Ontario' - Bloomberg News

https://www.bloomberg.com/news/articles/2026-10-14/canada-threatens-to-force-cleveland-cliffs-clf-to-sell-assets-over-layoffs

UK Watchdog Proposes Strategic Market Tag for Microsoft, Puts Excel and Copilot AI Under Competition Scrutiny

The U.K.'s competition regulator has proposed designating Microsoft as having a Strategic Market Status (SMS).

Google Just Put AI in Space. It Had to Hitch a Ride on Elon Musk’s Rocket.

Google launched its Project Suncatcher test satellite with four AI chips to orbit via SpaceX Falcon 9, testing whether AI chips can survive harsh space conditions. Meanwhile, Elon Musk has filed plans with the FCC for a million data center satellites to address AI's massive power consumption bottleneck. Altucher argues Musk is two decades ahead of competitors and identifies a small supplier providing critical data networking infrastructure as a potential key beneficiary.

Stock Market Today, Oct. 16: Apple Edges Higher on iPhone Duo Preorder Surge

Apple stock rose 0.43% to $343.46 on October 16, 2026, following strong demand for its new iPhone Duo foldable smartphone, which sold out within minutes with delivery dates pushed to late January. The broader market declined, with the S&P 500 down 1.09% and Nasdaq down 2.14%, as investors focused on AI-related debt pressure and semiconductor weakness.

Not Alphabet. Not Microsoft. This Is the Cloud Stock I'd Buy With $5,000 Right Now.

Oracle is positioned as an attractive cloud computing investment alternative to Alphabet and Microsoft, with its cloud infrastructure business growing 121% and a record $664 billion backlog. However, heavy data center spending has pushed free cash flow negative, raising questions about whether Oracle can convert its customer commitments into sufficient profits.

Shares of uranium and nuclear-related companies are trading lower as hotter-than-expected inflation data fuels a rise in Treasury yields and expectations for interest rates to remain elevated. Elevated borrowing costs could increase financing expenses for capital-intensive nuclear projects, potentially delaying development timelines and weighing on investor sentiment toward the sector.