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Meta Platforms announced a flurry of AI initiatives this month, from low-cost smart glasses and enterprise tools for businesses to plans to build a market-predicting app and a key partnership with Qualcomm to boost its computing power. But none of them seem to be connecting with investors. The social media giant’s stock remains one of the worst performers among mega-cap stocks this year, falling more than 17%. Microsoft was the only company among the Magnificent Seven to suffer, with sales down 26%. Wall Street analysts say the reason is simple. Because investors no longer judge the meta by how much…
This article contains spoilers for Season 5 of The Bear. The oven has been shut down at The Bear. Well, figuratively. The FX show starring Jeremy Allen White, Ayo Edebiri, Ebon Moss-Bachrach, Liza Colon-Zayas, Lionel Boyce, and Abby Elliott has officially ended after five seasons. And while it seemed like Carmy’s cooking baby might have no future, battling a flood, a broken oven, and the end of funding, Bear proved he had the chops to go the distance (literally). The restaurant was ultimately saved by a perfect storm of good fortune. Not only does linecock Evra (Edwin Lee Gibson) come…
Here are the top demands on Wall Street on Friday: TD Cowen upgrades Diageo from hold to buy TD Cowen said “the tide is turning” at drinks company Diageo. “We expect the valuation movement to create an attractive entry, CEO-led cost cutting and reinvestment to restore growth and improve commercial execution.” Stevens introduces the overweight James Hardy, who called the fiber cement company “high quality.” “We initiate coverage on JHX with an OW rating and a $31 price target. JHX is a leading manufacturer of high-end fiber cement siding, and following its merger with AZEK, JHX is also the No.…
“It’s not very pretty,” Henry says. He uses his thumb to drag my other eyelid down to meet it. I think about how I must look, sitting there with my eyes closed and fish lips, and I realize that it can’t be very beautiful either, and despite what is happening – what is happening? –I still want to be beautiful for Henry. When you rest your cheek on the back of the sofa, your body sinks and expands, forgetting its hardness. “I’ve been waiting for this for a long time,” Henry said from somewhere in the darkness. His hand moves…
10 Things to Watch About the Club Friday, June 26 — Today’s newsletter was written by Jeff Marks, the club’s director of portfolio analysis. 1. Stock futures fell this morning, led by declines in semiconductor stocks. If the S&P 500 and Nasdaq close in the red, both indexes will fall every day this week. 2. According to the Financial Times, SpaceX is considering launching Starlink mobile service for U.S. consumers and may build its own U.S. mobile network. Starlink is one of our favorites among Elon Musk’s space and AI companies, accounting for the majority of the company’s revenue growth…
The US government will have tremendous control over which AI models it releases. Two weeks after the U.S. government retired Anthropic’s Fable and Mythos models, OpenAI’s new model appears to be heading toward the same dead end. The Information broke the news on Thursday that GPT 5.6 will only be released as a limited preview, with the government approving releases on a “customer by customer” basis until it is approved for general release. Even if the preview only lasts “a few weeks,” as Altman predicts, that might not be a big deal. However, Mythos has already been in preview for…
This report is from this week’s The Tech Download newsletter. See what you see? You can subscribe here.roller coaster. That’s probably the most accurate way to describe it. space x Two weeks after opening as a public company. Stocks soared for several days in a row following the record IPO, briefly overtaking both countries. Amazon and microsoft In terms of market capitalization, it has increased over 60% from its initial share issue price of $135.However, the good times did not last. Fear crept into the market with daily drops of 5% and 4%, followed by a 16% decline. What followed…
The story of how Jelly Rolly and Bunnie Xo metBunny Zoe and Jelly Roll’s love story began in Las Vegas.As she recalled on Bussin’ With The Boys, she met the singer when they performed at a country saloon in Las Vegas in August 2015. This was before jelly rolls became famous. At the time, he was living in a van and estimated about 20 people came to the show.Instead, their spark took center stage.”When I met him, I tell people this is the craziest cliché, but literally my soul was like, ‘I’m there,'” Bunny said on a 2023 podcast. “And…
Tech stocks were sold off on Friday, continuing a weak week that could see more of a crash than meets the eye. The apparent trigger for the decline was Thursday’s New York Times report that OpenAI is considering delaying its initial public offering, citing the weak performance of SpaceX shares after its own IPO and recent volatility in tech stocks. But analysts say China’s artificial intelligence model could give OpenAI and its main competitor Anthropic an advantage, potentially posing a bigger problem for the tech industry. The launch of GLM5.2 by Hong Kong-listed Z.ai (formerly known as Zhipu AI) is…
HP computers on display at a Best Buy store on Black Friday, November 28, 2025 in New York.Victor J. Blue | Bloomberg | Getty ImagesAs the global artificial intelligence race accelerates, memory chip prices are rising. As a result, the cost of some consumer electronics products is starting to rise for both retailers and consumers. Memory storage, known as RAM, is important for all computing devices such as phones, tablets, and laptops. Supply shortages, driven largely by massive demand for AI data centers, are driving up the cost of chips. companies such as Nvidia, advanced micro device and google They…