Hedge Funds and Other Speculative Investors Have Built Up A Big Bet That the S&p 500 Will Decline while Preparing for A Rally in the Tech Focused Nasdaq 100
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Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.The New York Times - Business -
Priest Arrested For Using Church Funds On Candy Crush And Other Mobile Games
There have been plenty of church scandals over the decades, but this might be the very first one that involves Candy Crush. Via The Philadelphia Inquirer, Reverend Lawrence Kozak was arrested in Pottstown, Pennsylvania on April 25 and charged with ...GameSpot - Tech -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
Up to 100 pilot whales stranded in Western Australia
Yahoo News - World - Australia -
While Biden Touts Chip Plant Funds, Prospective Workers Wait for Production to Start
The long lag time before U.S. factories start making semiconductors leaves workers waiting, and voters wondering when the payoff arrives.Inc. - Business - Joe Biden -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
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 -
Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.
Rarely have corporate bond spreads been flat, or negative, to Treasury yields.MarketWatch - Business - Microsoft -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.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 -
Hertz’s stock is having an awful week, and BofA adds to investors’ misery
Hertz’s stock continued its dive Friday toward yet another record low, after BofA Securities added to the rental-car company’s woes by recommending investors sell.MarketWatch - Business -
Boston police arrest 100 as crackdown on campus Palestine protests ramps up
At least 93 students detained at USC and 34 arrested in Austin while House speaker faced jeers at Columbia University. More than 100 people were arrested at Emerson College in Boston early on Thursday in the latest crackdown against the rising ...The Guardian - World -
Meta's big, expensive AI bet hinges on giving its models away for free
Meta is spending big on artificial intelligence — only to offer its latest advanced AI models to the public for free.NBC News - Top stories -
Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas
The CEOs of leading U_S_ technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation’s critical services from “AI-related disruptions.”ABC News - Tech -
Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas
The CEOs of leading U_S_ technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation’s critical services from “AI-related disruptions.”ABC News - Tech -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Big ambitions for levelling up UK show only partial progress
Contradictory data allow cherry-picking of results on government’s flagship efforts to tackle regional inequalityFinancial Times - World - United Kingdom -
Big ambitions for levelling up UK show only partial progress
Contradictory data allow cherry-picking of results on government’s flagship efforts to tackle regional inequalityFinancial Times - Business - United Kingdom -
Crew chief says Judge should have been called for interference on slide during Yankees' rally
Crew chief Andy Fletcher says Aaron Judge should have been called for interference for his slide on a botched double-play attempt that sparked New York’s winning rally in the Yankees’ 15-5 victory at MilwaukeeABC News - Sports -
Cramer says Apple's Monday rally doesn't have 'staying power' after analyst upgrade
CNBC's Jim Cramer told investors he's wary of Apple's Monday rally and they should wait to buy.CNBC - Business -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Starbucks Is Making a Big Change That Will Make Some People Very Happy (and Others Not So Much)
With more than 36,000 stores in 84 markets worldwide, when Starbucks makes a change, it has a tremendous impact.Inc. - Business -
Starbucks Is Making a Big Change That Will Make Some People Very Happy (and Others Not So Much)
With more than 36,000 stores in 84 markets worldwide, when Starbucks makes a change, it has a tremendous impact.Inc. - Business -
SportsLine promo code: Top sign-up offers to get betting advice for picks, DFS, season-long fantasy and more
Golf majors, college basketball championships and baseball are here, so get the latest SportsLine promo codes right hereCBS Sports - Sports -
Investors Are Showering AI Startups With Cash. One Problem: They Don't Have Much of a Business
Some startups are raising hundreds of millions of dollars before they even have a product or any revenue.The Wall Street Journal - World