Home sellers lower prices and help buyers close a deal in a stagnant market
LOS ANGELES — Not long ago, an American homeowner could reasonably bet that they could sell their home relatively quickly and for more than the asking price. This is unlikely to be a winning bet now. Across the country, a stagnant real estate market…
Elon Musk warns about neoclouds: they will face “guppy-level” death
After issuing a “Yikes” on the finances of neocloud gaming CoreWeave (CRWV) earlier this month, Elon Musk is taking on the entire industry with a harsher, more brutal view. Some “more than 200” neoclouds will experience “death and…
Storm Boelo sees passenger plane leave Birmingham airport runway – BBC News Africa
Storm Boelo sees passenger plane leave Birmingham Airport runway BBCSee more headlines and insights on Google News Gn bussni
Asian stocks fall as chipmakers retreat; earnings and central bank meetings looming By Investing.com
Investing.com– Asian stocks fell on Monday as concerns over the sustainability of AI spending weighed on semiconductor stocks, while investors braced for a busy week in terms of corporate earnings and central bank decisions. Wall Street ended lower…
Oil prices rise despite resumption of exports in the Middle East
Reports of resuming oil flows into the Persian Gulf and Red Sea have dominated headlines in recent weeks. Yet oil prices have only continued to rise, suggesting that the barrel figures are not enough to convince the world that everything is back to…
Elon Musk says Neoclouds are done and SpaceX won’t buy them
Elon Musk is a neocloud doomer. The SpaceX CEO took a strong stance on the future of neoclouds – cloud companies like CoreWeave and Nebius that specialize in providing computing power for AI – in a Sunday X article. He wrote that debt markets are…
Apollo: AI has generated ‘zero financial gain’ outside the tech industry
One of the world’s largest investment firms says only tech companies are getting a piece of the AI pie. In an economic analysis released Saturday, Apollo Global Management said that while the Magnificent Seven — a group of established technology…
SpaceX secures $40 billion for AI chip purchases backed by Starlink revenue
“The Big Money Show” panel discusses SpaceX reporting a 161% increase in revenue as Elon Musk addresses a possible merger with Tesla. Elon Musk said SpaceX has closed $40 billion in debt financing to buy graphics processing units for its artificial…
Thousands booked a cruise to the tropical Bahamas and ended up in freezing Canada
A cruise scheduled to sail to the sunny Bahamas this week took a turn north for the worse when it was rerouted to cold Canada. More than 5,000 passengers boarded Royal Caribbean’s Oasis of the Seas in New Jersey on Oct. 18, awaiting a seven-day…
Students fear AI will ruin their future – Financial Times
Students fear AI will ruin their future Financial Times Gn bussni