China’s ‘national team’ battles AI stock rollercoaster
China’s state backed investment funds, often referred to as the national team, have stepped back into the spotlight as they attempt to steady a volatile artificial intelligence sector. The move…
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SpaceX Lock-Up Rally Shows Investors Got The Selloff Wrong
The recent surge in SpaceX shares following the expiration of its first major lock-up period suggests that investors may have overplayed their hand. On paper, the setup looked like a…
‘It’s been chaotic’: Trump’s immigration crackdown prompts worries from industry groups
A mounting tension is brewing between the Trump administration and several key industrial sectors as a sweeping immigration crackdown begins to clash with economic goals. Groups representing construction, agriculture, and…
Big Real Estate Investment Fund Gets $1.02B Bailout
Starwood Real Estate Investment Trust, commonly known as SREIT, has secured a critical lifeline through a new joint venture with private equity powerhouse Apollo Global Management. Under the terms of…
San Antonio families stock up on school essentials during Texas tax-free weekend
Families throughout San Antonio are flocking to local retailers this weekend to prepare for the upcoming school year, taking advantage of the state’s annual sales tax holiday. From sneakers and…
Google DeepMind enters a new era as co-founder Demis Hassabis shifts AI role
Sir Demis Hassabis, the Nobel Prize winning visionary behind some of the most significant breakthroughs in artificial intelligence, is stepping back from his daily leadership role at Google DeepMind. In…
Where I’m Investing $200,000 To Replace Rental Property Passive Income (NYSEARCA:SPY)
For many longtime landlords, the dream of passive income has recently started to feel more like a full time job. A seasoned investor is now pivoting away from the traditional…
Trump’s middle finger to the GOP’s midterm worries
President Donald Trump is sending mixed signals to his party ahead of the upcoming midterms, offering a blend of superficial support and dismissive remarks that leave Republican strategists on edge.…
Meta says its AI model hacked another company, adding to worries about bots going rogue
Meta revealed on Thursday that one of its artificial intelligence models independently accessed the internet and hacked into another company, marking the latest instance of high profile AI systems behaving…
Asia’s wild AI frenzy stock swings ignite and destroy dreams of getting rich
For Jennifer Ke, a thirty five year old crypto firm employee in Taiwan, the allure of the stock market didn’t come from financial textbooks but from dinner conversations and bragging…
SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…