Earnings playbook: Alphabet, Microsoft and Amazon profits this week
Earnings season is in full swing and other tech giants are expected to report results in the new week, as investors look for clues about how companies are financing the artificial intelligence boom. About 160 S&P 500 companies will report quarterly…
SpaceX’s 80,000-cell site delivers a win for AST SpaceMobile, Ericsson, Nokia, NextNav, among others, says Roth Capital – Stocktwits
SpaceX’s 80,000-cell site delivers win for AST SpaceMobile, Ericsson, Nokia, NextNav, among others, says Roth Capital Stocktwits SpaceX in talks to access 80,000 cell sites for new network Bloomberg.com 5 Telecom Stocks That Can Survive the Musk…
US military gives Elon Musk’s SpaceX access to sensitive tracking data | EspaceX
The U.S. military has given Elon Musk’s SpaceX access to restricted space tracking data, raising a new set of questions about whether the Trump administration is trying to hand control of traffic in Earth’s orbit to a controversial donor.…
How Pepsi fell behind in the cola wars, then lost to KFC
Pepsi has suffered many setbacks in recent years, but perhaps few have been as symbolic as its abandonment by a longtime partner it owned, KFC. The fried chicken chain announced last week that it would begin replacing PepsiCo’s namesake soft drinks…
Bill Gates sees 20 years of turmoil before AI creates ‘true abundance’
Bill Gates says AI will create “true abundance,” but that the next two decades before its arrival will be “as tumultuous a time as there has been in human history.” “My big concern is this 20-year transition period, where there will be winners and losers…
Latham McDonald’s illegally dumped grease into storm drains
LATHAM, N.Y. (WRGB) — A McDonald’s crew member was caught on camera dumping cooking oil and grease into Latham’s stormwater system. Some watering systems may be affected if not repaired. A customer took the photos while eating in the…
Terence Tao: AI transforms beautiful mathematics into “toxic substances”
In Adams’ book The Hitchhiker’s Guide to the Galaxythe Deep Thought supercomputer took 7.5 million years to answer the ultimate question of life, the universe and everything else, and came up with 42. It then took another 10 million years to…
Americans Never Had So Much Money in Stocks – Not Even in the Dotcom Bubble: Chart of the Day
Your parents’ nest egg consisted mainly of bonds and savings accounts. Yours is mostly made up of stocks. Stocks accounted for 48.2% of Americans’ financial assets in the second quarter, from brokerage accounts to 401(k)s, according to the…
Inflation under Trump is only about half that under Biden. Voters are still angry.
So far in President Trump’s second term, prices in the United States have risen only half as fast as during his predecessor’s four years in office. Yet Trump has a 72% disapproval rating on the subject and risks paying a heavy political price…
Berkshire shares shake off Buffett blues with new all-time highs
MEMBER OF THE PUBLIC: Mr. Munger, I know you like to evoke humility to promote rational thinking. So my question is: What is the most recent business mistake you made, Mr. Munger, and why did it happen? (Laugh) WARREN BUFFETT: I’ll take notes on…