The S&P 500 has risen 25% in the past 12 months, the longest stretch of correlated gains since 2007, as traders bet on interest-rate cuts. Ned Davis Research and Bloomberg compiled data showing this has never happened before in the run-up to the first interest-rate cut of an easing cycle. The data is based on seven decades of information.
FinanceFed | Rating: 53 | 2024-09-01 01:27:39 AM |
Wedbush analyst Dan Ives compared Nvidia's stock to LeBron James in high school, stating that Nvidia is ahead of its competitors and the only game in town. Nvidia's earnings report blew away forecasts, but its stock was sent lower by investors.
AINVIDIA | Rating: 60 | 2024-08-31 08:27:39 PM |
Warren Buffett, the seventh richest person, turns 94 years old. He made his first stock purchase at 11 years old and now has a net worth of over $148 billion. Berkshire Hathaway, which he chairs, became the first non-tech US company to join the $1 trillion club. Buffett's eating habits are surprisingly simple, as he eats like a six-year-old and loves Utz potato chips.
BusinessWarren Buffett | Duplicated with: 1 | Rating: 55 | 2024-08-31 07:27:49 PM |
Dr. Bill Dorfman, a 64-year-old cosmetic dentist in Southern California, attributes his youthful appearance to good genes and a daily workout regimen. He exercises three days a week, focusing on abs and cardio, and the other days are for lifting light weights at high reps. Dorfman credits his daily Words With Friends habit with keeping his mind sharp and makes nightly dinner plans with friends to stay connected.
HealthNone | Rating: 51 | 2024-08-31 06:27:40 PM |
Donald Trump's social media company, Truth Social, launched in February 2022 after he was banned from Facebook and Twitter. The company merged with Digital World Acquisition Corp. in late March, but Trump can't tap into his Truth Social stock yet. The share price has plummeted from $57.99 at launch to $19, and Trump needs a massive payday to cover his legal expenses and presidential campaign.
PoliticsTrump | Rating: 50 | 2024-08-31 12:27:41 PM |
Ford will no longer include the SecuriCode keypad as a standard feature on the 2025 F-150, instead making it a dealer-installed option for an additional $455. The feature, which debuted in 1980, allowed owners to lock and unlock their vehicle without keys. FordPass will also be available as an alternative method for locking and unlocking the doors.
BusinessFord | Rating: 51 | 2024-08-31 04:27:39 AM |
The U.S. Supreme Court has lost public trust due to ideological decisions, undisclosed gifts to Justice Clarence Thomas, and unacknowledged conflicts of interest. To address this, $30 million is being committed to the Brennan Center for Justice to implement term limits and an enforceable ethics standard requiring recusal in conflicts of interest.
PoliticsNone | Rating: 48 | 2024-08-30 11:28:00 PM |
OpenAI is in talks to raise several billion dollars in a new funding round, reportedly valuing the company at $103 billion. The round is led by Thrive Capital, with Apple and Nvidia potentially joining as investors. Microsoft, which invested $13 billion in OpenAI less than two years ago, is already a prominent investor.
2024-08-30 10:27:58 PM |
Salesforce CEO Marc Benioff expressed disappointment with Microsoft's Copilot AI, stating that it has not lived up to the hype. He claimed that many customers are dissatisfied with the accuracy and response of Copilot, which integrates OpenAI's ChatGPT technology into Microsoft's business software. Microsoft launched Copilot last year to boost productivity by responding to employee prompts and helping with daily tasks.
AIMicrosoft | Rating: 60 | 2024-08-30 08:28:05 PM |
Tesla is set to unveil its robotaxi at an event at Warner Bros. Discovery's movie studio in Burbank, California, on October 10. The event will take place at the 110-acre lot, which has hosted famous productions. Tesla CEO Elon Musk has been prioritizing autonomy and artificial intelligence, shifting away from the company's core business of selling EVs to consumers.
AITesla | Rating: 53 | 2024-08-30 08:28:05 PM |