Nvidia rides big tech’s AI investment to beat Wall Street’s sky high expectations
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MarketWatch - Business
After Fed’s 50-basis-point rate cut, where should I invest $50,000? I’m 38 — and have a high risk tolerance.
The U.S. Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday.38 minutes ago -
CNBC - Business
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.1 hour ago - Federal Reserve -
CBS News - Top stories
Big tech companies engage in "vast surveillance" of users, FTC says
FTC Chair Lina Khan says tech giants such as Meta and Google "endanger people's privacy" and "expose them to a host of harms."1 hour ago -
VentureBeat - Tech
Microsoft’s GRIN-MoE AI model takes on coding and math, beating competitors in key benchmarks
Microsoft's new AI model, GRIN-MoE, delivers groundbreaking scalability and performance in coding and math tasks, outperforming competitors like GPT-3.5 and LLaMA3, making it a powerful tool for ...1 hour ago -
The New York Times - Top stories
Meet the Hustlers Who Make $6,000 a Month Riding Citi Bikes
The bike-sharing program rewards users who help redistribute bikes around New York City. A few riders have figured out how to turn that into profit.2 hours ago -
CNBC - Business
Why investors should dismiss Wall Street concerns about demand for Apple's new iPhone 16
There has been a debate on whether orders for the company's flagship device are off to a slow start.2 hours ago - Apple -
Inc. - Business
Microsoft CEO Satya Nadella Says Giant Investment in Generative AI Is Already Paying Off
He pointed to a product made by a Microsoft-owned company as a reason for his bullishness.4 hours ago - Microsoft -
MarketWatch - Business
These tips for investing in mutual funds and ETFs can help you ride with the Fed
Gold glitters, while investors face recession jitters.4 hours ago -
The Wall Street Journal - Tech
Meta to European Union: Your Tech Rules Threaten to Squelch the AI Boom
The Facebook parent and other companies are warning in an open letter that the regulations risk hampering innovation and economic growth.4 hours ago -
VentureBeat - Tech
Sky Mavis’ blockchain welcomes first seven studios to Ronin forge
Seven studios are landing on the Ronin blockchain with funding to help create and enhance their games for a larger scale.7 hours ago -
ABC News - World
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago7 hours ago - Federal Reserve -
Financial Times - Business
Next lifts profit forecast to nearly £1bn as retailer defies high street malaise
Retail bellwether raises outlook for second time since August11 hours ago -
CNBC - Business
Billionaire tech CEO says bosses shouldn't 'BS' employees about the impact AI will have on jobs
Business leaders shouldn't "BS" employees about the impact of AI on jobs, according to one tech billionaire, who says they should be transparent and honest.14 hours ago -
The Guardian - World
Global AI fund needed to help developing nations tap tech benefits, UN says
Governments and private firms should contribute to help states unable to invest and benefit from advances. Governments and private companies should contribute to a global artificial intelligence ...15 hours ago -
Wired - Tech
US Senate Warns Big Tech to Act Fast Against Election Meddling
In an Intelligence Committee hearing with representatives from Google, Apple, and Meta on Wednesday, senators stressed that foreign influence is far from a solved problem.20 hours ago -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
NBC News - Top stories
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to ...Yesterday -
NBC News - Top stories
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power ...Yesterday -
CNBC - Business
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.Yesterday -
Inc. - Business
This Company Is Giving Office Water Coolers a High-Tech Makeover. Hybrid Workers Are Big Fans
Bevi's sustainable water dispensers have seen less use post-pandemic--yet the company is hitting new revenue highs, thanks to hybrid employees' enthusiasm.Yesterday -
VentureBeat - Tech
SiFive unveils RISC-V chip design for high-performance AI workloads
SiFive, a designer of chips based on the RISC-V computing platform, announced a series of new AI chips for high-performance AI workloads.Yesterday -
MarketWatch - Business
Dow’s record run leaves transports behind. Here’s what it means for stocks.
How unusual is the underperformance of the Dow Transports — and how concerning is it?Yesterday -
The New York Times - Business
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.Yesterday - Federal Reserve -
Yahoo Sports - Sports
Travis Hunter for Heisman, Georgia ranked too high and is Orji starting for Michigan a big deal or not?
Caroline Fenton, Jason Fitz & Adam Breneman talk Travis Hunter’s Heisman odds, concern for Georgia’s offense and Michigan’s new starting QB and pick whether each is a big deal or not so much.Yesterday -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
The Wall Street Journal - Business
Salesforce Taps Nvidia to Develop AI-Powered Avatars
The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.Yesterday -
Financial Times - Business
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data gridsYesterday - Microsoft -
CNBC - Business
Harris-Trump election has Big Tech 'at a crossroads' after slump in dealmaking
With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.2 days ago - Donald Trump -
GameSpot - Tech
Nvidia CEO Says AI Now Essential for Graphics
Nvidia CEO Jensen Huang has stated that artificial intelligence has become indispensable to modern computer graphics, signaling a major shift in how visual technologies are built. Speaking at the ...2 days ago -
BBC News - Top stories
What should Celtic expect from 'big underdogs' Slovan Bratislava
BBC Scotland's Liam McLeod profiles Celtic's first Champions League opponent2 days ago -
BBC News - Top stories
Rare supermoon partial eclipse to grace UK night sky
There will be a partial eclipse of the harvest supermoon on Tuesday night, visible across the UK - clouds permitting.2 days ago - United Kingdom -
Financial Times - World
On the fringe: Three of Edinburgh’s best bike rides
Despite the hills and cobbled streets, the Scottish capital is surprisingly cycle-friendly, with routes leading to landmarks along canal paths, old railway lines and a seaside esplanade2 days ago