Latest in Mean reversion: has AI abolished gravity for share prices?
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Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - Yesterday -
Dan Price, Former CEO of Gravity Payments, Charged With Rape
The former chief of Gravity Payments rose to prominence with the introduction of his company’s $70,000 minimum salary and a splashy social media presence.Tech - The New York Times - October 25 -
Ex-Gravity Payments CEO Dan Price Faces Rape Charge in California
Price cultivated a big social media following by skewering corporations. Now he’s the target, over sexual misconduct allegations.Business - Inc. - October 28 -
Lucid has high expectations for new Gravity SUV as customer orders set to open
The Gravity is Lucid's second vehicle following the Air sedan, which the luxury EV manufacturer has been selling in small numbers since late 2021.Business - CNBC - October 29 -
Lucid has high expectations for new Gravity SUV as customer orders set to open
Electric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a “significant increase” in sales volumes to narrow the company’s losses, according to CEO ...Top stories - NBC News - October 29 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Merck KGaA Shares Jump on Expectations of AI Boost
The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.Business - The Wall Street Journal - October 17 -
What a second Trump term means for car prices and electric vehicles
Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if President-elect Donald Trump imposes the new tariffs he proposed during his campaign.Business - MarketWatch - 3 days ago -
'Soaring baby milk prices mean I feel punished for not breast feeding'
Parents say they feel penalised by the high cost of formula, which cannot be discounted under the law.Top stories - BBC News - 46 minutes ago -
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Be mean to me, ChatGPT: People are turning to AI chatbots for 'tough love' and motivation
People are asking ChatGPT for tough love to motivate them to be productive. Here's what a clinical psychologist says about the tactic.Business - CNBC - October 25 -
Small step or a giant leap? What AI means for the dance world
As a new show co-created by an AI performer opens in France, industry leaders including Wayne McGregor, Tamara Rojo and Jonzi D contemplate the technology’s possibilities and perils. ‘I think AI’s ...World - The Guardian - October 29 -
Trump’s Second Presidency Could Mean AI Chaos, or a Flurry of Innovation
As the AI revolution advances, critics and lawmakers have proposed safety restrictions and guardrails. Trump’s team says some of these barriers will fall.Business - Inc. - 6 days ago -
Saquon Barkley reverse hurdle: Eagles RB has performed play before, yet teammates are still speechless
Barkley created another masterful highlight with his backwards hurdleSports - CBS Sports - November 4 -
Nvidia Share Price Moves Could Unseat Apple as Most Valuable Company
Investors are driving up market capitalizations for the chipmaker, Apple, and Microsoft so fast it’s hard to know which company holds the top spot.Business - Inc. - October 15 -
Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife
Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.Business - The New York Times - October 23 -
How far has gold's price dropped in November?
The price of gold was on a record run ... until this month. Here's what to know (and what to do) right now.Top stories - CBS News - 20 hours ago -
Feeding AI’s appetite: Who pays the price for power-hungry data centers?
With the grid facing strain and more energy-hungry giants sitting down at the table, ensuring fair contribution isn’t just sound policy — it’s absolutely essential.Politics - The Hill - November 7 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Inflation pain helped secure Trump win but his policies mean higher prices
Markets expect his policy package to harm trade and growth but reduce business taxes. Dollar and bitcoin soar as Trump wins US election Business live – latest updates US election 2024 – ...World - The Guardian - November 6 -
Can Trump really lower prices? Here’s what his second term might mean for your wallet.
The president-elect has pledged to lower prices, cut taxes and slap huge tariffs on imports. But don’t plan on a quick fix for inflation, experts say.Business - MarketWatch - November 7 -
What does safe mean to you? Young photographers share images of family, friendship and hope – in pictures
Restless Development, a global youth agency, asked photographers aged 18-25 from around the world to submit images for the WHO global campaign to end violence against children on the theme of ...World - The Guardian - Yesterday -
What This Apple Exec Means When He Says, ‘Hey Siri, Let’s Get AI Right.’
Senior Apple exec Craig Federighi said that unlike some AI rivals, his company has no plans for a super-smart AI. Siri won’t be sentient.Business - Inc. - October 23 -
‘I’m going to sue the living pants off them’: AI’s big legal showdown – and what it means for Dr Strange’s hair
AI has given us the pope in a puffer, but it is also predicted to wipe out 200,000 entertainment jobs. We report from a crucial event in Portugal, full of angry artists, digital miracles – and a ...World - The Guardian - November 6 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
How much has the price of gold increased so far this year?
Gold has been one of the top-performing assets in 2024. Here's how much price growth we've seen so far.Top stories - CBS News - October 23 -
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.Business - CNBC - October 18 -
We're hiking our price target on an industrial whose earnings benefit from AI data center boom
Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.Business - CNBC - October 31 -
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 - October 26 -
Four things enterprises need to think about for effective agents
Writer CEO May Habib explains the four things companies need to know before setting off on their agentic AI journey.Tech - VentureBeat - Yesterday -
Hawaii has the highest cost of living in the U.S.: The state has 'really high home prices' and expensive goods, expert says
The most expensive states were found by analyzing the cost of living by The Council for Community and Economic Research.Business - CNBC - November 3
