Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Mark Zuckerberg’s preference for mixed martial arts and water sports is not only a personal hazard, it’s also a risk to investors. In its annual financial report for 2023 […]
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Judge postpones Trump D.C. election trial pending appeal
Former U.S. President Donald Trump speaks to his supporters as he departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside Trump Tower in the Manhattan borough of New York City on Jan. 26, 2024. Eduardo Munoz | Reuters A judge on […]
Meta’s Zuckerberg sees $28 billion windfall after shares rocket
Facebook CEO Mark Zuckerberg is seen after fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released Oct. 28, 2021. Facebook | via Reuters Meta […]
Tech execs are telling investors they have to spend money to make money on AI
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the […]
10-year Treasury yield tops 4% after surprisingly strong jobs report
The 10-year U.S. Treasury yield topped 4% on Friday after a surprisingly strong jobs report that showed continued strength in the economy, but raised questions on when the Federal Reserve can cut interest rates. The yield on the 10-year Treasury shot up by 16 basis points to 4.02%. The 2-year […]
Spotify renews deal with podcaster Joe Rogan, will put show on other platforms
Podcaster and comedian Joe Rogan. Vivian Zink | SYFY | NBCUniversal Spotify has signed a new blockbuster deal with polarizing podcaster and comedian Joe Rogan, but this time, his show won’t be exclusive to Spotify, the company announced Friday in a news release. The multiyear deal with Rogan, the founder […]
Nearly 1 in 5 eligible taxpayers don’t claim this ‘valuable credit,’ IRS says
Laylabird | E+ | Getty Images Tens of millions of Americans file tax returns every year — and many are missing a “valuable credit,” according to the IRS. In 2022, roughly 23 million filers received $57 billion from the earned income tax credit, or EITC, a tax break for low- […]
Tens of thousands of workers were laid off in January. If you were affected, here’s how you may find work faster
Skynesher | E+ | Getty Images New government data shows a surprisingly strong job market for the month of January. But there are signs of weakness in the labor market, based on tens of thousands of workers who have been laid off since 2024 started. U.S. employers announced 82,307 job […]
Big Tech’s AI spending plans mean big business for 3 portfolio stocks, including Nvidia
A busy week of Big Tech earnings left us feeling more assured about our investments in Nvidia , Broadcom and Eaton as spending on artificial intelligence chips and data centers remain clear-cut priorities. The quarterly reports from Club holdings Alphabet , Microsoft , Meta Platforms and Amazon this week varied […]
Trump Georgia prosecutor admits romantic relationship with Atlanta D.A. boss
Fulton County District Attorney Fani Willis speaks at a press conference next to prosecutor Nathan Wade after a Grand Jury brought back indictments against former president Donald Trump and his allies in their attempt to overturn the state’s 2020 election results, in Atlanta, Georgia, U.S. August 14, 2023. Elijah Nouvelage […]