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Software, one of the biggest parts of the stock market, is finally joining the market players. The iShares Expanded Technology Software ETF (IGV) is up more than 11% this week, reversing some of its steep losses this year. IGV is still down more than 21% in 2026 due to concerns that artificial intelligence will take market share away from software companies. This week’s rebound coincided with the S&P 500 returning to all-time highs. Paul Sciana, a technical strategist at Bank of America, said the move could signal that the company’s aggressive pitch to software providers is over for the time…
Physical Intelligence, a two-year-old San Francisco-based robotics startup that has quietly become one of the Bay Area’s hottest AI companies, announced new research Thursday showing that its latest model can force robots to perform tasks for which they have not been explicitly trained. The company’s researchers say this feature caught the robots off guard. The new model, called π0.7, is what the company describes as an early but meaningful step toward its long-sought goal of a general-purpose robot brain that can be told an unfamiliar task, coached in plain language, and actually complete it. If this finding holds up to…
Important pointsCNBC’s Jim Cramer warned that there is a troubling amount of speculation in the market. Thursday’s “Mad Money” host highlighted more reliable alternatives for investors. CNBC’s Jim Cramer said Wednesday that signs of excessive speculation are creeping into the market, echoing a pattern that has led to painful losses for investors in the past. “Remember last year when speculative stocks took over the market,” the “Mad Money” host said, noting that the wave of speculative companies that rode on the hype and soared ended up capsizing and taking investors with them. After strong broad-based market gains in recent weeks,…
London, April 16thReuters — Former British ambassador to the US Peter Mandelson failed a security review before taking up his post, but Prime Minister Keir Starmer was unaware that officials had overturned the recommendation, the government said on Thursday. A government spokesperson said in a statement: “Neither the Prime Minister nor his Cabinet were aware until earlier this week that Peter Mandelson had been granted a high-level review against the advice of the UK Security Review Office.” The decision was taken by Ministry of Foreign Affairs officials, the spokesperson added. The revelations about the failings have increased pressure on Starmer…
Shannon Elizabeth never imagined she would turn 52 and return to her star-making days as a webcam girl. Of course, rather than being secretly included as part of the Randy brothers’ plot in American Pie, where Elizabeth played bombshell exchange student Nadia, she is now choosing to show off her “sexy side that no one has ever seen before,” as she told People magazine. “The reason I chose OnlyFans is because I can connect directly with my audience,” she said when explaining her decision to join the site, which is known for its adult content while celebrities like Cardi B…
Published April 16, 2026April 16, 2026Former NBA player and assistant coach Damon Jones is expected to be the first person to plead guilty in a gambling case that led to the arrests of more than 30 people, including known mobsters and other basketball officials.Jones’ change of prosecution hearing is scheduled for April 28 in Brooklyn federal court, according to Thursday’s court filing. The event was originally scheduled for May 6th, but was changed due to requests from stakeholders.Recommended stories list of 4 itemsend of listJones, 49, previously pleaded not guilty to separate charges accusing him of profiting from fraudulent poker…
Bank of America said demand for Sienna Corp. continues to surge, which is likely to further fuel the stock’s jump. The Wall Street bank reiterated its buy rating on the networking systems and software company in a report on Thursday, but also raised its price target to $550 from $355, an increase after Ciena’s closing price of $475.76 on Wednesday. The new target suggests an upside of nearly 16%. Bank of America analyst Tal Riani wrote that Siena, which is set to double in 2026 after nearly tripling last year, is “at the center of a light supercycle.” With a…
AI video generation startup Luma has launched a production company, Innovative Dreams, created in partnership with Wonder Project, a streaming service that produces religious films and television on Amazon Prime. The first show in the tie-up is called “The Old Stories: Moses,” starring British actor Ben Kingsley, and will be available on Prime Video this spring. “Innovative Dreams is a production services company where experienced filmmakers from director John Irwin’s team and Luma’s creative technicians work with great studios and filmmakers to help bring their ambitious ideas to life,” Luma said in a social media post on Thursday. The company…
15. Fay famously never considered writing a sequel to her hit novel, and is on record as regretting that decision. “At the time, we wanted to start talking about a sequel, but for some reason I was like, ‘No!!! We shouldn’t do that!'” she told EW in 2014. But now, no, it’s too late. ” But as she told Variety in 2018, “It’s probably better that way because you save all the energy doing that.” The Mean Girls musical, which she wrote with her husband, 30 rock composer Jeff Richmond, premiered in 2017 before opening on Broadway in April 2018.…
Soccer fans have a new decision to make with FIFA ahead of the World Cup. This time, we are reporting on tailgating regulations at World Cup venues in the United States, one of the three co-hosting countries for the world’s largest sporting event.The sport’s global governing body has already come under fire for exorbitant ticket prices and soaring fares in host cities. They are also being asked to ask US President Donald Trump to ensure the safety of fans and keep US Immigration and Customs Enforcement (ICE) agents out of stadiums during the World Cup.Recommended stories list of 4 itemsend…