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A tough week for tech stocks may reflect a lack of investor confidence in artificial intelligence. The Nasdaq Composite Index fell 3%, the Wall Street Journal reported, its worst week since President Donald Trump announced sweeping tariff plans in April. Tech companies that have otherwise performed well this year have been hit the hardest, with Palantir’s stock falling 11% this week, Oracle dropping 9% and Nvidia dropping 7%. These declines also came after Meta and Microsoft reported earnings that indicated they plan to continue investing heavily in AI (both companies were down about 4%). “The valuation is overextended,” Cresset Capital’s…
Everything is fair in the process of becoming a lawyer. That’s why Kim Kardashian had to take the bar exam almost six months after graduating from her law school program. And now, the SKIMS founder has announced the long-awaited test results. In fact, on November 8th, Kim revealed that she unfortunately did not pass the most important exam, but that did not stop her from taking the exam. “It’s been 6 years since I started this legal journey and I’m still working my way through the bar exam,” she posted on her Instagram Stories. “There are no shortcuts and no…
MIAMI, FL – OCTOBER 31: A “We Accept (Food Stamps)” sign is posted in the window of a grocery store on October 31, 2025 in Miami, Florida. The food stamp program, now known as the Supplemental Nutrition Assistance Program (SNAP), is now in its second month, with funding likely to run out on Nov. 1 due to the federal government shutdown. In Miami-Dade County, nearly one in six residents receives food assistance. (Photo by Joe Radle/Getty Images)Joe Radle | Getty Images News | Getty ImagesThe Supreme Court on Friday night temporarily put on hold a federal judge’s order directing the…
Spanish police say they have arrested 13 suspected members of the Venezuelan criminal organization Torren de Aragua, marking the first time one of the group’s cells has been dismantled in the country. Most of the arrests during last week’s operation occurred in Barcelona, but authorities are still investigating whether there are other people involved in the network. Torren de Aragua is one of Latin America’s most notorious criminal organizations and has long been targeted by US President Donald Trump, who has accused it of drug trafficking, murder and other acts of violence in the Western Hemisphere. In January, President Trump…
Volunteers load boxes of food into cars during an event hosted by the Community Food Bank of New Jersey in partnership with Bergen County to deliver emergency food relief to federal workers and SNAP recipients during the U.S. government shutdown, Nov. 6, 2025 in Leonia, New Jersey, U.S.Mike Seeger | ReutersConsumer sentiment is at its lowest level in more than three years and on the verge of its worst level on record as concerns about a government shutdown rose in early November, according to a University of Michigan survey released Friday.The university’s monthly Consumer Sentiment Index hit a reading of…
If you’ve watched the new Apple TV show “Pluribus” all the way through, you may have noticed an unusual disclaimer in the credits: “This show was created by humans.” That succinct message, placed just below a note that says “Animal catchers were on set to ensure the animals’ safety,” could serve as a model for other filmmakers looking to emphasize that their work was made without the use of generative AI. And in case the disclaimer wasn’t clear enough, creator Vince Gilligan (best known for “Better Call Saul”) doubled down on it in a Variety feature on the show, flatly…
Ukraine faces widespread power outages after Russia launched a massive air raid across the country overnight, killing at least two people, Ukrainian authorities said. President Volodymyr Zelenskiy said nine regions of Ukraine were attacked, and the latest attack took place while many regions were asleep. State energy company Centrenergo described the barrage as “the most extensive attack on our country’s thermal power plants since the beginning of a full-scale invasion.” The Russian attack came as temperatures across Ukraine plunged into the single digits Celsius. Energy Minister Svitlana Grinchuk said: “The enemy is once again launching a major attack on Ukraine’s…
If you’re looking for Britney Spears, look no further than her social media channels. After temporarily deleting her Instagram account, the “Me Against the Music” singer returned to the platform on Nov. 7 with a message to protect her peace. “So much has happened this year. It’s crazy…” she posted on Instagram on Nov. 7. “Get your ballerinas (slippers), go full circle, and have your boundaries. This is incredibly strict and in a way it’s like a prayer, but life is full of endless possibilities, so it’s important to be yourself and keep it simple.” Before deactivating her account, Britney,…
After graduating with a J.D. from Boston University in 2001 and taking a job at the Department of Labor and then the financial services company Fidelity, Sonia Raman thought she would forever be a lawyer.Then, in 2008, she left behind a career in corporate law to become a women’s basketball coach.”I really loved my day job at Fidelity, but I think (my) passion was in coaching,” Raman, 51, told CNBC Make It. “Basketball kept drawing me back.”It was a “calculated risk,” she says, and it seems to have paid off. Raman was named the next head coach of the WNBA’s…
Despite the Nasdaq’s worst week since April, State Street reiterates its bullish stance on artificial intelligence trading.Chief Executive Officer Anna Paglia said there was still headroom in momentum stocks as investors were reluctant to exit the growth story that delivered profits throughout the year.”Who wouldn’t want to be a part of the growth of AI technology? We’ve all been waiting for the growth-to-value cycle to turn, and I don’t see it happening yet because the momentum is there,” Paglia said on CNBC’s “ETF Edge” earlier this week. “I don’t think there will be a rebalancing trade until we see signals…