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Michael Barry attends the New York screening of ‘The Big Short’ at the Ziegfeld Theater on November 23, 2015 in New York City. Astrid Stawiarz | Getty ImagesMichael Burley of “The Big Short” fame has warned that the stock market’s obsession with artificial intelligence is starting to resemble the final stages of the dot-com bubble.”Absolutely non-stop AI. No one talks about anything else all day long,” Barry wrote in a Substack post Friday after listening to financial reports on TV and radio during a long drive.The investor, known for predicting the U.S. housing crash, said stocks no longer respond in…
Even if the Fed still has reasons to cut rates in the near future, they are becoming increasingly difficult to find.The April jobs report released Friday was the latest evidence that the central bank’s bigger concern is not a weak labor market, but rather the cost of living, which is becoming increasingly difficult for ordinary Americans to afford.Last month’s 115,000-job increase in nonfarm payrolls is no big deal, but it’s another sign that the employment situation has stabilized enough to at least ease pressure to cut interest rates. By comparison, there is less evidence that the same can be said…
“If you didn’t notice today, you probably didn’t notice that my knees and elbows are constantly clicking under this table. I’m clenching my arms the whole time,” she elaborated. “It’s because I’m on camera, I’m having conversations, and I’m trying not to get distracted. I’m really trying my best to keep all my visible tics in check this whole time while also having fun.” In her words, “That’s pretty much how we as Tourette’s patients live our lives.” But despite his struggles, Billy said he feels lucky to have the strength to overcome his tics. “Some people don’t even have…
Traders work on the floor of the New York Stock Exchange during morning trading on May 4, 2026 in New York City. Michael M. Santiago | Getty Imagesof S&P500 Ignoring Thursday’s headlines about the U.S.-Iranian trade hit in the Strait of Hormuz, it continued to rise in Friday trading, topping 7,400 for the first time. Prediction market traders believe there’s still fuel left in the tank.The index is already up more than 16% from its March 30 low, but Kalsi traders believe there is a 59% chance the index will break above 8,000 this year. This is an 8% increase…
Micron Technology Office, San Jose, California, December 16, 2025.David Paul Morris | Bloomberg | Getty Imagesmicron technology Stocks caught fire this week amid a global memory chip shortage, with momentum pushing stocks higher as enthusiasm across the semiconductor sector grew.Shares rose more than 15% on Friday, closing at $746.81. The company’s stock is up nearly 38% in the week and 84% in the past month. Micron had its best week since December 2008, when it traded below $5 a share in the wake of the Great Recession. The company’s market capitalization currently exceeds $840 billion, according to LSEG.Stock chart iconStock…
According to CNBC, NVIDIA continues to be a major investor in the AI ecosystem, with over $40 billion in equity investments in AI companies. This is just in the first few months of 2026. Much of that total comes from a single bet: a $30 billion investment in OpenAI. But CNBC reports that the company has also announced seven multibillion-dollar investments in publicly traded companies, most recently signing deals to invest up to $3.2 billion in glass maker Corning and up to $2.1 billion in data center operator IREN. We previously summarized Nvidia’s investments in AI startups, including 67 venture…
Iran’s presence at the tournament has been shrouded in uncertainty since the United States and Israel launched a war against Iran in February.Published May 9, 2026May 9, 2026The Iranian Football Federation has announced that its men’s national team will participate in the 2026 World Cup, which begins in June, but demanded that co-hosts the United States, Mexico and Canada agree to the terms amid a Middle East war.Saturday’s call came after Canada last month denied entry to the federation’s chief at the FIFA General Assembly due to his ties to the Islamic Revolutionary Guards Corps (IRGC), the ideological wing of…
According to leadership coach Aiko Bescia, most people navigate workplace interactions on autopilot, sending messages or speaking up in meetings, without really thinking about their reactions until later.But Beshear, founder of Atlanta-based leadership development firm Rare Coaching & Consulting, says reflexively sending short emails is exactly the kind of mistake humans make. By asking yourself these three questions to reset your brain and conversational reflexes, Beshear says you can avoid mistakes like making the wrong decision on the spur of the moment or unconsciously saying yes to something you really want to say no to.What do I value? What impact…
A recent DatingNews.com survey of 1,000 U.S. adults found that more than half of singles (73%) plan to use dating apps to find love this year.According to the company’s research, the most popular dating apps in the United States are Tinder, Bumble, and Match. Sabrina Romanoff, a New York-based psychologist and relationship expert at dating app Highly, says that while swiping on a dating app may be a little less scary than, say, approaching a stranger at a bar, there are still behaviors you’ll want to avoid when using the app.She recommends things to keep in mind.clarify your valuesAccording to…
Nvidia Founder and CEO Jensen Huang speaks at the 29th Milken Institute Global Conference at the Beverly Hilton on May 4, 2026 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty ImagesNvidia stepped on the gas last year, putting money into companies up and down the AI infrastructure stack and helping fund companies that might pivot and acquire its technology. The company bet $5 billion on it, and it was a lucrative endeavor. intel Its current value is over $25 billion, and it will deliver historic profits in a matter of months. In 2026, the pace of deals…