Has the Market Become a Concentrated Bet on AI?
Most Americans don’t realize they’re sitting on the biggest concentrated bet in the history of finance.
Markets
Russia reports online attacks on electoral system on second day of parliamentary vote
Russians began voting Friday in a tightly controlled three-day parliamentary election set to extend President Vladimir Putin's 26-year grip on power, as the country's online voting system in Moscow came under a "very po…
California judge blocks part of TikTok’s $400 million privacy settlement
With the majority of teens logging in daily, more families are connecting issues like depression, anxiety, eating disorders, and even self-harm to compulsive social media use. By filing a social media addiction lawsuit,…
Stocks Finish Mostly Higher as Crude Prices Fall
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-mini S&P futures (E…
A new arms race is unfolding on the ocean floor
Companies and governments are increasingly waking up to the fact that the future of warfare isn't just in the skies, but also on the ocean floor.
Cocoa Prices Slump on Abundant Supplies
July ICE NY cocoa (CCN26) today is down -35 (-0.89%), and July ICE London cocoa #7 (CAN26) closed down -11 (-0.37%). Today's sell-off added to last Friday's -4.29% sell-off in NY cocoa and -3.63% sell-off in London coco…
Google's Gemini becomes latest AI model to break out and hack computer systems
Google said on Friday that its Gemini model had hacked three other companies, the first time the search giant has disclosed that one of its models autonomously gained access to third-party computer systems without permi…
Trump extends push for $100,000 H-1B visas by another year
On July 1, Eric Appelbaum, DO, MBA, senior executive vice president and chief operating officer of SBH Health System, is expecting 28 foreign medical graduate (FMG) physicians to begin their residencies at his 422-bed, …
Trump says he's banning MS NOW, CNN and Politico from White House
President Donald Trump said Friday that he is banning MS NOW, CNN and Politico from the White House over their coverage of him.
Cotton Losses Extend to Friday
Cotton futures are down 115 to 120 points in the front months. Crude oil is back down $1.20 per barrel on the session, with the US dollar index down $0.0.5.
Stocks Finish Mostly Higher as Crude Prices Fall
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-mini S&P futures (E…
I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term-care insurance?
Planning for long-term care is a smart way to prepare for the realities of aging. As Americans live longer, more of us will eventually need support later in life — whether through in-home care, assisted living or nursin…
Trump says U.S. to build a 'large Military presence' in Greenland as part of a security deal with it and Denmark
President Donald Trump on Friday announced an agreement with Greenland and Denmark that gives the U.S. what he described as "permanent control over security, and all other needs" in the Danish island territory.
Q3 Earnings Season Preview: What Can Investors Expect?
The overall setup remains very favorable as we start looking ahead to the Q3 earnings season. S&P 500 earnings are expected to increase by +24% from the same period last year, the 8th straight quarter of double-digit ea…
Zillow Stock Near 52-Week Lows: Is It Time to Buy the Dip?
Zillow Group shares have fallen sharply toward 52-week lows, potentially putting the online real estate giant back on investors’ radars.
Coffee Prices Recover as Dollar Weakness Spurs Short Covering
December arabica coffee (KCZ26) closed up +4.00 (+1.45%) on Friday, and November ICE robusta coffee (RMX26) closed up +5 (+0.15%).
Anthropic selects Accenture as first embedded evaluator to help implement Amodei's slowdown proposal
Anthropic on Friday announced it has selected Accenture as an embedded evaluator, the company's first concrete step toward implementing CEO Dario Amodei's proposal to slow down the pace of artificial intelligence develo…
AI cloud provider Nscale files to go public
Nscale, a cloud provider specializing in infrastructure for artificial intelligence models, has filed to go public on the New York Stock Exchange under the ticker symbol "NSCL."
Strategy Rally Tests Whether Its Bitcoin Premium Can Rebuild
Bitcoin is doing something on Friday that almost nothing else in the risk complex can manage: it is rallying straight through a tightening cycle. BTC-USD traded at $80,858.25 by late morning in New York, up $4,153.91 or…
Elon Musk talks up AI safety while fighting regulation in wild week of strange alliances
After agreeing with bitter rivals Dario Amodei and Sam Altman in their call for foundation model labs to slow the pace of development, Musk was contradicted by President Donald Trump and Nvidia CEO Jensen Huang, who sai…
‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
This column is part of Advice Week, Slate’s celebration of all things advice. Few topics come up as often in our advice columns as weddings. So we’ve rounded up some of our favorite questions from through the years for …
Nike parts ways with Kylian Mbappé; soccer superstar signs with On
French soccer phenom Kylian Mbappé signed his new endorsement deal with On after Nike chose not to renew its deal with the international superstar, a person familiar with the matter told CNBC.
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
With a few carefully chosen words, Federal Reserve Chairman Kevin Warsh both explained this week's decision to hike interest rates and raised vexing questions about what comes next.
McDonald's is the new 'Value Meal,' says trader Mike Khouw
"A nickel ain't worth a dime anymore," said the late Yankee great, Yogi Berra, referring to persistent inflation. Fast forward 50 years, and the same might be said of fast food value menus.