A retiree who bought 1,000 shares of Oracle stock at $39 just saw Microsoft slip away
Quick reading Microsoft ends AI computing lease deal with Oracle. The stock hit a one-year low of $109.21, then closed up 0.8% at $116.10. A retiree’s 1,000 shares, purchased for $39,090 in 2016, are worth $116,100, up from $328,330 at the…
Why investors are dumping AI company stocks after the Democratic vote – The Washington Post
Why investors are dumping AI company stocks after Democrats’ election vote The Washington Post Reviews | Tech stocks have been hammered. Is the economy next? The New York Times Rout of American technology stocks: is the AI bubble bursting? The…
Three men accused in US of using AI to pose as CEOs and steal millions | US News
Three foreign nationals have been arrested and charged with using AI to pose as corporate CEOs and lawyers to steal more than $100 million, according to an indictment recently unsealed by the U.S. Department of Justice. According to a press release from…
Retail Traders Dump $338 Million in Stocks in Biggest Selling Day Since 2020
Retail investors sold U.S. stocks on Thursday at a pace not seen since the start of the COVID-19 pandemic, breaking with their typical habit of “buying the dip” on down market days. Ordinary investors sold a net $338 million worth of…
Major Outback Steakhouse franchisee’s bankruptcy prompts expert warning
Entrepreneur Marcus Lemonis discusses voters’ feelings about their finances and taxing millionaires after the midterm elections on “Fox & Friends.” Companies operating in California and across the country are facing increasing…
Elizabeth Warren will head the Senate Banking Committee next year. Expect hearings.
Fierce Democrat Elizabeth Warren, a consumer rights advocate known for her fierce battles over financial regulation, will take the gavel in January to become chairwoman of the powerful Senate Banking Committee. The Massachusetts senator intends to use…
Tubi CEO Anjali Sud and Roku Media President Charlie Collier Leave Company Following Fox-Roku Merger
Neither Charlie Collier, who led Roku’s advertising and platform businesses for four years, nor Tubi CEO Anjali Sud will join Fox Corp. after the acquisition of Roku. The executive departures were part of several organizational updates shared with…
Data centers were no winners in the 2026 elections, according to CBS News exit polls
AI data centers were a major factor for more than half of voters in the 2026 midterm elections. Although it’s not the most critical issue, voters made their opinions on data centers clear. Large majorities nationally and in all Senate Battlegrounds…
Nvidia hardware worth $11.4 million disappeared between Oakland and Texas
Nvidia’s hardware has been a specific target. In 2025, police investigated burglaries of Nvidia hardware, valued at more than $7.5 million, around Fremont and Union City, California. As The Mercury News reports, police believe the thefts were…
Investors prepare for an anthropogenic valuation of $1.5 trillion through “extension”
Following the tech sector sell-off on Wall Street this week, some investors have lowered their expectations for Anthropic. Until recently, the artificial intelligence company was eyeing a $2 trillion valuation in its IPO, but stakeholders told CNBC that…