Sandisk splits its stock 8 for 1. The story is about what usually happens to stocks after a split announcement.
Sandisk (SNDK -13.47%) gave investors two pieces of news on Thursday, October 29. The flash memory company’s fiscal first quarter revenue increased 23% from the previous quarter to $11.0 billion. And the board approved an eight-for-one stock split,…
FBI says North Korea was behind $6.3 billion Binance crypto hack
Crypto exchange Binance said Saturday it was able to replace 90% of the amount stolen after a $6.3 billion hack of its platform that the FBI blamed on North Korea. Binance said it was able to replace the funds recovered during the record hack by using…
Sam Altman is mad at you for hoarding RAM in your own computer
He says it’s “terrible” to have “a limited amount of DRAM in the world” in people’s PCs. Heather Diehl/Getty Images AI data centers have gobbled up so much of the world’s RAM reserves that the prices of memory…
Minneapolis-Saint Paul Airport Once Again Tops JD Power Mega Rankings
NEWYou can now listen to Fox News articles! A Midwest airport has once again established itself as one of North America’s largest hubs, beating out better-known coastal airports serving New York and Los Angeles. Minneapolis-Saint Paul International…
OpenAI Cuts Funding Target Amid Meta, Microsoft Deals and Anthropic IPO
OpenAI is cutting its latest fundraising target, according to multiple reports, as investors become wary of supporting artificial intelligence. This comes as rival Anthropic prepares to go public and as Meta Platforms, Google parent Alphabet, Microsoft…
The GOP’s closing midterm message is about…the Cheesecake Factory?
The conversation is a weekly dive into the Daily Kos’ most popular stories and what they tell us about the national political environment. Here it is, the last days before the elections. The big question is whether we are seeing a blue wave or a…
Philadelphia woman arrested for blocking delivery robot says she’ll do it again
October 14 wasn’t the first time Carolyn Marvin came face-to-face with an autonomous delivery robot. It had become a habit for this 78-year-old woman since the small wheeled food containers were unleashed on certain neighborhoods in Philadelphia:…
Binance CEO says 90% of stolen assets have been ‘restored’
Our commitment remains the same: Binance will fully cover the financial impact of funds stolen in this incident. We will continue to demonstrate this commitment through measurable progress, transparent reporting and concrete actions. Our next important…
Rumination: What is the Healthiest Approach to Teen Partying?
Brooding Deep Thoughts on Modern Family Life by Kathryn Jezer-Morton. Illustration: Hannah Buckman new York subscribers gained exclusive early access to this story in our Brooding bulletin. Register here to receive it in your inbox. When my children were…
Fears of an AI investment spending spree of more than $828 billion are helping wipe $1 trillion off the Nasdaq 100
The richest companies in world history are spending so much money on infrastructure that supports AI that they are burning through billions in cash and threatening a recent AI-fueled stock market rally as Wall Street reels. The latest financial…