Top analyst ‘very concerned’ about Nvidia fueling an AI bubble and a ‘Cisco moment’ like the dotcom crash: ‘We’re a lot closer to the seventh inning than the first or second inning’
A top Wall Street analyst has sounded an alarm over the U.S. equity bull market, warning that its remarkable run is built on a precariously narrow foundation: a surge in…
Charlie Javice duped JPMorgan out of $175 million. The bank is picking up her legal tab
The legal bill is the latest fallout for JPMorgan from the disastrous transaction. It also illustrates how expensive high-stakes litigation involving top-flight lawyers can become. There are few litigants besides…
All-cash offers are still a third of all home purchases, dominated by ‘investors and second-home buyers,’ data shows
“After dominating some markets during the pandemic, large investor activity has retreated, giving way to smaller investors who more often use financing.” She warns that investor presence remains elevated, with…
OpenAI builds apps into ChatGPT, in a bold bid to make AI the ‘universal interface’ to our digital lives
The first was the announcement of a major new strategic partnership between OpenAI and chipmaker AMD. The deal will see AMD provide its M4150 graphic processing units (GPUs) to OpenAI’s…
‘Scary times’: YouTube’s biggest star, MrBeast, fears AI could impact ‘millions of creators’ after Sora launch
“I care more than any of you could ever imagine about the YouTube community,” he said in a video. “It deeply makes me sad when I do something that people…
Dot-com fears rise with tech stocks seeing $100 billion swings
Investors are excited about OpenAI’s expansion driving big gains in technology stocks, but a rising number of Wall Street pros fear that the wild pops that add tens of billions…
The government shutdown spotlights America’s air traffic controller shortage—but those who qualify can make $145,000 every year
The U.S. government shutdown is affecting the livelihood of thousands of air traffic controllers, as they’re expected to keep working without a paycheck. It’s led to major staffing shortages and…
Connecticut’s Lamont concerned Mamdani may dull NY finance edge
Connecticut Governor Ned Lamont said he’s a “little bit” worried about the potential impact on his state should fellow Democrat Zohran Mamdani win the mayor’s race in New York City…
Nearly 70% of Americans think the economy is on the ‘wrong track’ and even more think it’s a bad time to buy a home, Fannie Mae survey shows
This broad-based skepticism transcends the headline figures. Just 32% of consumers expect their personal finances to improve over the next year, while 23% anticipate things will get worse. Most people—45%—expect…
‘Scary times’: Youtube’s biggest star MrBeast fears AI could impact ‘millions of creators’ after Sora launch
“I care more than any of you could ever imagine about the YouTube community,” he said in a video. “It deeply makes me sad when I do something that people…
