Latest in Big Tech Sees AI Bets Starting to Pay Off
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Samsung Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - Yesterday -
U.S.C. Made a Huge Investment in Lincoln Riley. It’s Not Paying Off.
It’s late October and the Trojans already have nothing to play for but pride, a columnist for The Athletic writes.Sports - The New York Times - October 20 -
Verizon’s ‘healthy’ earnings are met with a shrug once again
Verizon’s stock is headed for its third post-earnings decline in a row.Business - MarketWatch - October 22 -
Defence groups bet big on drone-destroying laser weapons
Leading contractors, including RTX in the US, the UK’s QinetiQ, and Europe’s MBDA, are investing heavily in the technologyBusiness - Financial Times - October 22 -
Polymarket Identifies a French Trader Behind Big Trump Bets
Polymarket said that it had linked a single trader to accounts that have wagered heavily on the Republican to win, pushing up his odds on the prediction market.Business - The New York Times - October 24 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - Yesterday -
This ETF has trounced the S&P 500 with bets on AI in a surprising sector
Macrae Sykes of Gabelli Funds explains his strategy, which looks beyond the Nvidia-focused AI hardware buildout.Business - MarketWatch - 5 days ago -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - Yesterday -
How Callaway’s bet on driving range chain Topgolf went off course
The merger of hospitality and golfing has fallen victim to changing consumer habits and high costsBusiness - Financial Times - 3 days ago -
Big Tech loses some shine ahead of a big earnings week. But ‘where else are you going to get that type of growth potential?’
As most Magnificent Seven companies gear up for quarterly earnings reports this week, some analysts expect growth that’s either still pretty good for their size, or still hard to come by anywhere ...Business - MarketWatch - 4 days ago -
AI is supposed to be Hollywood's next big thing. What's taking so long?
As AI technology advances, industry observers expect to see more deals between tech companies and studios and talent. But major challenges remain.Entertainment - Los Angeles Times - October 17 -
Cornish miner hoping to capitalise on global race for lithium
Analysts expect supply deficit to develop as countries race to meet climate targetsWorld - Financial Times - 4 days ago -
How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks
Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.Business - MarketWatch - October 19 -
UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
Technology giants could face "significant" fines if they don't comply with the U.K.'s internet safety regulations, the British media regulator Ofcom warned Thursday.Business - CNBC - October 17 -
Uranium and utilities stocks can soar even higher as Big Tech goes nuclear
Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.Business - MarketWatch - October 19 -
Big Tech is driving a nuclear power revival, energy guru Dan Yergin says
As tech giants like Microsoft, Amazon and Google compete to take the lead in the AI revolution, data centers are consuming an ever-increasing amount of energy.Business - CNBC - October 23 -
Jim Cramer explains why fossil fuels remain vital as the Big Tech boom continues
CNBC's Jim Cramer noted Big Tech's growing energy demands, with companies like Meta, Nvidia, Google and Microsoft building more and more data centers.Business - CNBC - October 24 -
How to increase or cut your exposure to Nvidia and other hot Big Tech stocks
Also: Tesla’s killer quarter, stock-market warnings and more positive predictions, and some World Series numbers.Business - MarketWatch - 5 days ago -
Big 12 review says league games were not compromised by helmet communication issues after Texas Tech inquiry
The Big 12 has told its members to send in helmet communication equipment for encryption updatesSports - CBS Sports - 16 hours ago -
Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 18 hours ago -
Activision to use AI to keep cheaters off new "Call of Duty" game
Activision's highly-anticipated "Call of Duty: Black Ops 6" debuted on all major gaming consoles at midnight Friday. But even on day one, the company already expects online cheaters to be an issue. ...Top stories - CBS News - 6 days ago -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Tech legend Marc Andreessen’s latest venture: Rallying Silicon Valley around Trump’s stances on crypto, AI and taxes
Entrepreneur and investor Marc Andreessen has set out in a new political direction this year.Business - MarketWatch - October 16 -
Small but mighty: H2O.ai’s new AI models challenge tech giants in document analysis
H2O.ai has released efficient vision-language models for document AI, challenging tech giants with superior performance in OCR and text recognition tasks.Tech - VentureBeat - October 18 -
Nvidia just dropped a new AI model that crushes OpenAI’s GPT-4—no big launch, just big results
Nvidia quietly launched a groundbreaking AI model that surpasses OpenAI’s GPT-4 and Anthropic’s Claude 3.5, signaling a major shift in the competitive landscape of artificial intelligence.Tech - VentureBeat - October 17 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - 6 days ago -
PSG's Luis Enrique needs to start seeing clinical edge after rocky start to Champions League
The PSV draw at home was another illustration of a Parisien team that does not always take its chancesSports - CBS Sports - October 23 -
Murdoch’s Dow Jones sues AI start-up Perplexity for infringement
Publishers accuse company of ‘freeriding’ on valuable news contentBusiness - Financial Times - October 21 -
Apple Intelligence AI rollout starts today with release of iOS 18.1
These are the Apple Intelligence features that are now available on compatible devices.Top stories - CBS News - 3 days ago -
Nashville Predators Off To Worst Start in Over 20 Years
The Nashville Predators have to find a way to pull off a win immediately.Sports - Yahoo Sports - October 18 -
Israel's Endgame in Gaza: Finish Off Hamas Where the War Started
Israel’s military remains engaged in a ferocious campaign in the Palestinian enclave while it fights its other war in Lebanon.World - The Wall Street Journal - 6 days ago