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Goldman Sachs warns that investors’ once-strong risk appetite is beginning to wane, increasing the risk of a stock market downturn. The bank’s strategists said the risk appetite index had fallen to a more neutral level of around 0.2, marking a clear deterioration from the “Goldilocks” conditions that supported the market throughout the summer. Economists at Goldman expect U.S. growth to accelerate again in 2026, but the Wall Street investment bank said the odds of a sharp market decline outweigh the odds of a big rally. .SPX YTD Mountain S&P 500 Year-to-date “The increase in drawdown risk is driven by higher…
Meta is facing new pressure from OpenAI, the giant company behind ChatGPT. OpenAI is currently making waves in short-form videos with its viral hit “Sora 2.” The new app combines AI-powered video generation with a social feed that mimics TikTok and Instagram Reels. Less than five days after its September 30 launch, Sora 2 has racked up more than 1 million iOS downloads for Apple devices, despite being invite-only. This pace surpassed downloads for the ChatGPT app, which launched in May 2023, six months after the AI chatbot debuted on web browsers, marking the beginning of a historic rise in…
Paris — There were no surveillance cameras monitoring the second-floor balcony where thieves entered the Louvre to steal historic jewelry worth more than $100 million, the Louvre’s director told a French Senate committee hearing. Laurence de Caer told senators on Wednesday that the east balcony of the Apollo Gallery, where robbers used an angle grinder to enter the building on Sunday, was not covered by the museum’s aging camera system. “Unfortunately, on the Apollo Gallery side, the only camera installed is facing west, so the balcony affected by the break-in is not covered,” De Cars told the hearing, as French…
(For practical recommendations and nightly live videos, check out Mr. Carter’s worthycharting.com.) Zoom Communications (ZM), the darling of the coronavirus bull market, has since fallen back to earth and has been dead money ever since. The stock is currently showing signs of activity, and we believe this is a great opportunity on the long side at the moment. Zoom, the “tenbagger,” went from $63 in October 2019 to $589 by October 2020…and with just a little pull back, it was down 90% from its summer 2024 high to a low of $55. Still, the stock has been creeping higher since…
3 days left until the launch of TechCrunch Disrupt 2025. The Space Stage is ready to explore the future of space technology (and all other frontiers of innovation). Space leaders Adam Maher (Ursa), Dr. Lucy Hogue (Violet Institute), and Dr. Debra L. Emmons (Aerospace Corporation) reveal how AI is changing life in orbit. If you’re looking for insight, inspiration, and a front row seat to the next event, you’ve come to the right place. Save up to $444 with your pass before the doors open on October 27th. Plus, get 60% off guest passes or 15% to 30% off group…
intel ended six consecutive quarters of losses and returned to profitability in the third quarter.In its first earnings report since the Trump administration took a 10% stake in the company, the U.S. chipmaker posted strong earnings and pointed to strong demand for chips expected to continue into 2026.Client computing revenue, which includes PC and laptop chips, increased 5% year over year, benefiting from stabilization of the PC market and the outlook for artificial intelligence PCs.Chief Executive Officer Lipbu Tan said on a conference call with analysts on Thursday that artificial intelligence is “a strong foundation for sustainable long-term growth as…
london — The mastermind behind last year’s arson attack on a Ukrainian-run business in London was sentenced to 17 years in prison on Friday for what prosecutors called “sustained acts of terrorism and sabotage” on mainland Britain. Dylan Earle, 21, pleaded guilty to aggravated arson in a February 2024 fire that targeted a company that shipped Elon Musk’s Starlink internet devices to Ukraine. He also admitted violations under the national security law, which was introduced in response to Russia’s full-scale invasion of Ukraine to “address threats that fall outside of traditional espionage and intelligence operations.” Earle’s accomplice, Jake Reeves, 23,…
Emily may have left Paris, but it looks like Lucas Bravo is still there. The first full episode of Emily in Paris Season 5 has been released, offering a glimpse of how the title character (Lily Collins) settles into her new life in Rome, but Lucas’ character Gabriel (Emily’s (Lily Collins) on-and-off love interest in the first four seasons) is noticeably absent. But what will that mean for his fate when the series resumes on December 18th? “I would love to tell you something,” Lucas told E! He broke the news in an exclusive interview before deciding to keep what…
Earnings season is in full swing next week as more than 150 S&P 500 companies report their quarterly results. Most of the technology companies known as the Magnificent Seven are among them. Since Tesla has already been released and Nvidia won’t be released until November 19th, the Alphabet and Club names will be Amazon, Apple, Meta Platforms, and Microsoft. A total of 10 companies in the portfolio will be featured on next week’s list. Here’s where Jim Cramer stands on each: Corning will report third-quarter results before the start of trading on Tuesday. The specialty glass manufacturer is the newest…
TechCrunch Disrupt 2025 is less than three days away, and more than 200 can’t-miss sessions are packed into Moscone West, including breakout sessions led by top leaders across the technology and startup ecosystem. Breakout sessions are tailored for practical learning and tactical takeaways. These first-come, first-served rooms allow you to rub shoulders with operators, founders, and investors who are building: Don’t miss your chance to save on tickets and attend these breakouts! Register now to save up to $444 on passes and get 60% off before prices increase when the event starts on October 27th. Complete agenda for Disrupt 2025…