Ai Mania Hits Wall Street
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Wall Street strategists rush to revise their S&P 500 targets as stocks hit fresh records. Here’s what they see happening.
The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets in an effort to keep pace with a surge that has far exceeded expectations from earlier ...MarketWatch - Business -
Wall Street's Shadow Market | 60 Minutes Archive
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.CBS News - Top stories -
At Robin Hood Gala, Wall Street’s Heavy Hitters Come Out
The Robin Hood Foundation, an antipoverty organization in New York City, threw a “Matrix”-inspired gala.The New York Times - Lifestyle -
Top Wall Street analysts like these 3 dividend stocks for high yields
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.CNBC - Business -
Why Wall Street's Record Rally Stands on Shaky Ground
The Dow's 40K milestone looks great, but what are markets really cheering for?Inc. - Business -
Ivan Boesky, inspiration for 'Wall Street' villain Gordon Gekko, dead at 87
Ivan Boesky, a onetime Wall Street titan-turned-convict who served as the partial inspiration for the 1987 Oliver Stone film "Wall Street," has died at the age of 87.NBC News - Top stories -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be
Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.MarketWatch - Business -
Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
An inspiration for the Gordon Gekko character in the movie “Wall Street,” he made a fortune from insider trading before his downfall brought a crashing end to a decade of greed.The New York Times - Business -
How Ivan Boesky became one of the most infamous figures on Wall Street and the inspiration for Gordon Gekko
Ivan Boesky’s 1986 guilty plea to insider trading, accompanied by a then-record $100 million fine, brought to a close a period of roaring 1980s exorbitance on Wall Street and beyond that became the calling card of the so-called Me Generation.MarketWatch - Business -
Palo Alto Networks continues to play the long game, much to Wall Street’s chagrin
Palo Alto Networks still is dealing with investor chagrin about the big shift in strategy it announced last quarter, in an effort to eventually boost revenue growth.MarketWatch - Business -
Ivan Boesky, Wall Street financier who coined ‘greed is good’, dies aged 87
Known as ‘Ivan The Terrible’, the risk arbitrage maven fell from glory in one of the biggest insider trading scandals of the 1980s. Ivan Boesky, the financier who gave birth to the “greed is good” mantra before going to prison in one of the ...The Guardian - World -
One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next yearMarketWatch - Business -
Meghan mania and big skirts: Africa's top shots
A selection of the week's best photos from across the African continent.BBC News - Top stories -
Bus bursts into flames on busy street
Video footage shows firefighters battling huge flames and thick smoke in the middle of a busy street.BBC News - Top stories -
Heard on the Street: GameStop's Game Woes Grow
GameStop’s actual business may matter little to the meme stock investors who jumped back into the shares this week. But that business is bleak—and getting bleaker still.The Wall Street Journal - World -
Let's Get Rid of Left Turns on Downtown Streets
Left turns are dangerous and they slow traffic. And getting rid of them costs practically nothing.The Wall Street Journal - World -
Smoke fills street as London bus catches fire
Firefighters tackled huge flames from the blazing bus on Saturday as people looked on.BBC News - Top stories -
California firefighters rescue dog trapped for hours inside of a wall
Mother's Day turned out to be a challenging one for a 2-year-old family pet in Garden Grove, California as firefighters were called to rescue a dog after it was trapped inside a wall for several hours.NBC News - Top stories - California -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Man accused of sucker-punching Steve Buscemi on NYC street is arrested
A man has been arrested on suspicion of sucker-punching actor Steve Buscemi in the face earlier this month in Manhattan, police said.NBC News - Top stories -
Jürgen Klopp and Liverpool, a Love Affair in Street Art and Silverware
A coach’s soccer legacy is often reduced to titles and trophies. In Liverpool, a beloved manager will endure in murals, music and shared memories.The New York Times - World -
'I fluffed it': Labour's Streeting caught out on party pledges
The BBC's Laura Kuenssberg finds out if her Conservative and Labour guests know their parties' policies.BBC News - Top stories -
America Hits the Global Snooze Button
In an increasingly alarming world, the West can’t afford to rest for much longer.The Wall Street Journal - World -
It’s Time to Believe the AI Hype
Some pundits suggest generative AI stopped getting smarter. The explosive demos from OpenAI and Google that started the week show there’s plenty more disruption to come.Wired - Tech -
The AI Pork Barrel Arrives
Chuck Schumer has found a new excuse to spend $32 billion a year, and some Republicans are going along for the ride.The Wall Street Journal - World -
Colorado tackles discrimination in AI
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Colorado governor signs AI law Colorado will require developers of artificial intelligence (AI) to avoid discrimination in high-risk systems as part of a ...The Hill - Politics -
Jung Hoo Lee injury: Giants outfielder to undergo season-ending shoulder surgery after crashing into wall
Lee hit .262 in 37 games before the injuryCBS Sports - Sports -
Botanists are scouring the US-Mexico border to document a forgotten ecosystem split by a giant wall
Botanists and citizen scientists armed with the iNaturalist app on their smartphones are recording the biodiversity along the U.S.-Mexico borderABC News - Tech -
Britain’s got AI talent but that’s not enough
The ambitions may be homegrown yet the funds still come from abroadFinancial Times - World - United Kingdom -
The race for an AI-powered personal assistant
Google and OpenAI unveiled new tools to bring ‘intelligent systems’ a step closer. Will this be a milestone for generative AI?Financial Times - Business -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
Summit in Seoul Tackles AI Safety
Tech leaders, government officials, and academic researchers will meet to discuss AI issues, building on earlier UN efforts.Inc. - Business - Artificial Intelligence -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Suit: Bad Bunny's agency hit with 'death penalty'
Rimas Sports, the agency founded by recording artist Bad Bunny, is accusing the Major League Baseball Players Association of "placing a death penalty" on the agency, according to a federal lawsuit the company filed Thursday.ESPN - Sports -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Bomb survivor thought she was hit by lightning
On the 50th anniversary, BBC News NI speaks to those affected by 1974 bombs which killed 33 people.BBC News - Top stories -
France Rushes Reinforcements to Riot-Hit New Caledonia
Unrest in the overseas territory could derail President Emmanuel Macron’s efforts to restore French influence in the Indo-Pacific region.The Wall Street Journal - World