The tech trade is back, driven by A.I. craze and prospect of a less aggressive Fed
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Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Amplifier emerges from stealth to orchestrate AI-driven ‘self-healing’ security for enterprises
Amplifier's approach can easily enable companies to maximize the value of their existing security stack and amplify their security posture and culture to levels not achievable in the past.VentureBeat - Tech -
Designing for the future of business and tech: Tailor Brands and Dotz take charge
CONTRIBUTOR CONTENT: Innovation serves as a key ingredient in designing the future and shaping the world humanity inhabits. It stands as the driving force behind progress, continually pushing boundaries and challenging norms. Through innovation, ...VentureBeat - Tech -
Lawsuit vs. ex-Texas Tech guard Isaacs dismissed
A civil lawsuit that accused former Texas Tech basketball player Pop Isaacs of sexually assaulting a 17-year-old girl during a team trip to the Bahamas in November has been dismissed, according to attorneys for both sides.ESPN - Sports -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Business -
Bellinger has fractured ribs; Cubs add prospect
With outfielder Cody Bellinger heading to the injured list with two fractured ribs, the Cubs called up top prospect Pete Crow-Armstrong.ESPN - Sports -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
India's Sensex Down 0.3%, Dragged by Bank Stocks
Indian shares were down, as uncertainty continued over tensions in the Middle East and the Fed’s policy outlook.The Wall Street Journal - World - India -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Some prospects may be better off not hearing their names called
Numbers from the last 20 years suggest players still on the board after the NFL Draft's third round might be better off going undrafted entirely.Yahoo Sports - Sports -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Bengals DE Hendrickson requests to be traded
Bengals three-time Pro Bowl defensive end Trey Hendrickson wants more long-term security than the team has offered and has requested to be traded, his agent confirmed to ESPN.ESPN - Sports - NFL -
Another Bengals star reportedly has requested a trade
Another star Cincinnati Bengals player reportedly wants out.Yahoo Sports - Sports - NFL -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - World -
2024 NFL Draft rumors: Could Bears pair Caleb Williams with this top receiver prospect?
Williams and this fellow draft prospect flew to Detroit togetherCBS Sports - Sports - NFL -
Paul Skenes finally starts building up workload but Pirates GM is keeping any promotion benchmarks secret
Wednesday's start was the first time Skenes had pitched into the fifth inning since he was draftedCBS Sports - Sports -
'With the Top Pick' podcast details their top 18 NFL Draft prospects, who could slip, who is a sure bet
A look at some of the most intriguing prospects as the draft approachesCBS Sports - Sports - NFL -
2024 NBA Draft prospect rankings: Alex Sarr jumps up to No. 1 in first Big Board after NCAA Tournament
There's plenty of movement among the updated top 50 NBA Draft prospects following March MadnessCBS Sports - Sports - NBA -
Cubs place Cody Bellinger on IL due to rib fracture, call up top prospect Pete Crow-Armstrong
Cody Bellinger ran into a brick wall. It didn't end well.Yahoo Sports - Sports -
Trump Media asks lawmakers to investigate "unlawful trading activity"
Trump Media CEO Devin Nunes is asking four House committees to investigate possible "naked" short selling in the company's shares.CBS News - Top stories - Donald Trump -
How trading up for Lance in 2021 draft ultimately didn't derail 49ers
The 49ers traded a haul of picks to trade up and select Trey Lance with the No. 3 pick in the 2021 NFL Draft. The selection never worked out, but thankfully for San Francisco, Brock Purdy fell into its lap.Yahoo Sports - Sports - NFL -
Brandon Aiyuk could be best trade target for WR-thirsty Patriots
The Patriots are "in the market" for a wide receiver, writes Tom E. Curran, and 49ers star Brandon Aiyuk stands out as a tantalizing trade option.Yahoo Sports - Sports - NFL -
Four Verts: A few NFL Draft trades that we really hope happen
Imagine Minnesota trading up for Drake Maye, putting him in the NFC North with Caleb Williams and Jordan Love. Or the Jags getting Trevor Lawrence a star WR.Yahoo Sports - Sports - NFL -
Taiwan’s trade tsar seeks new deals and braces for possible Trump win
John Deng targets India ‘opportunity’ after breakthroughs with US, UK and CanadaFinancial Times - World - Donald Trump -
Aiyuk could be perfect trade option for receiver-thirsty Patriots
The Patriots are "in the market" for a wide receiver, writes NBC Sports Boston's Tom E. Curran, and 49ers star Brandon Aiyuk stands out as a tantalizing option.Yahoo Sports - Sports - NFL -
Drake Maye NFL Draft landing spots: Ranking best team fits for top-tier QB prospect ahead of Round 1
Where will the UNC standout land?CBS Sports - Sports - NFL -
Tesla steers back towards cheaper cars
Elon Musk seeks to appease the market after 40% stock slideFinancial Times - Business - Tesla -
García and Carter hit back-to-back homers and Rangers beat Mariners 5-1
Adolis García and Evan Carter hit Texas’ first back-to-back home runs this season in the fourth inning and the Rangers beat the Seattle Mariners 5-1ABC News - Sports - MLB -
NFL Draft rumors: Giants interested in trading up for this QB, may be willing to take Michael Penix Jr. at six
New York is reportedly zeroing in on two quarterbacksCBS Sports - Sports - NFL