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Amid concerns that artificial intelligence will take over the white-collar world, Oppenheimer believes the technology could spark a “blue-collar renaissance” by increasing demand for the electricity and machinery that powers new technologies. Concerns about AI disruption have gripped markets this year, leading to heightened concerns about unemployment. Software, in particular, is an industry that investors worry will be hurt by advances in AI. The sector has been on a sell-off this year, with the iShares Expanded Technology Software Sector ETF (IGV) down 20% since the beginning of the year. Just last month, fintech provider Block announced it would lay off…

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AI

Jeff Bezos is reportedly seeking $100 billion for a new fund that will be used to acquire companies in key industry sectors and ultimately modernize and automate companies with AI, according to sources cited by the Wall Street Journal. This initiative is related to Bezos’ AI startup Project Prometheus. Bezos, whose involvement in the company was first reported in November, is co-founder and co-CEO along with former Google executive Vik Bajaj. Prometheus, launched with $6.2 billion in funding, is focused on creating high-level AI models to improve manufacturing and engineering in aerospace, automotive, and other fields. The new manufacturing fund…

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Pablo Gonchar | SOPA Images | Light Rocket | Getty ImagesA day after announcing it was discontinuing Horizon Worlds from the Quest virtual reality headset. Meta The course has been changed. The company announced Wednesday that its VR platform will be available “for the time being.””We actually made the decision today to continue Horizon Worlds in VR for our existing games to support our fans who reached out to us,” Meta CTO Andrew Bosworth said in an Instagram Story Q&A.Meta previously announced on Tuesday that Horizon Worlds would be removed from the Quest Store at the end of this month…

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london — British Prime Minister Keir Starmer is a down-to-earth, legal, and modest man, but not one prone to bombast. But when he sat next to President Donald Trump in the Oval Office last February, he began speaking like a host. “This is something really special,” Starmer said, brandishing a letter from King Charles III inviting Trump to make his second state visit to Britain. “This has never happened before. This is unprecedented… This is truly historic. This is an unprecedented second state visit.” The uncharacteristic Starmer outburst showed how the government intends to respond to the second-term US president.…

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FIFA President Gianni Infantino’s salary hike has been revealed in the latest report, which targets a revenue target of $14 billion between 2027 and 2030.Published March 19, 2026March 19, 2026FIFA president Gianni Infantino increased his annual bonus by 33% last year as part of a $6 million pay package detailed by soccer’s world body.Infantino’s base salary remains unchanged at 2.6 million Swiss francs ($3.3 million), with a bonus increase of 550,000 Swiss francs ($695,000) to 2.2 million Swiss francs ($2.78 million) in 2025, when FIFA hosts the first month-long Men’s Club World Cup in the United States.Recommended stories list of…

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Recent losses in the stock market, combined with declines in traditional safe-haven assets, may make options strategies attractive to investors seeking portfolio income and protection. Investors are facing escalating wars in the Middle East and soaring oil and gas prices. On Thursday, Brent crude oil futures briefly exceeded $119 per barrel, and the Dow Jones Industrial Average fell about 400 points in afternoon trading before recovering. Even gold wasn’t spared, as spot prices fell more than 4% on Thursday. For investors struggling to navigate these volatile times, options can complement a diversified portfolio and provide some income in a turbulent…

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Nvidia Owned the first era of AI — CEO Jensen Huang is making sure to own the next one. He is transforming Nvidia from a chipmaker that helps drive market cycles to an operating system for the future of artificial intelligence. This change has gone largely unnoticed and has not yet been priced in by investors. But this week saw the clearest sign yet.At Nvidia’s annual developer conference GTC, Huang announced NemoClaw, an open-source, chip-agnostic platform for building and deploying AI agents, autonomous software programs at the heart of the industry’s latest advances.”Every company in the world should have an…

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Beirut — Lebanon’s prime minister on Thursday made an urgent appeal to President Donald Trump to intervene in the cause of peace, calling for an immediate ceasefire and direct dialogue with Israel. As the death toll from Israel’s onslaught against Lebanese militant group Hezbollah reaches 1,000, Nawaf Salam told CNN in an exclusive interview that he called for a ceasefire “yesterday, not tomorrow.” Lebanese officials said more than 100 of the dead were children. When asked about his message to Trump, Salam said, “This is to help end the conflict in Lebanon. I would like to reaffirm to President Trump…

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Glossier’s iconic fragrance gets a summer upgrade. The chic minimalist beauty brand has announced the newest addition to the Glossier You fragrance family. Glossier You Soie Eau de Parfum will officially launch on the brand’s website and at Sephora on March 26th, along with an affordable travel-sized version. Glossier’s You Soie fragrance is a sunny, summery spin on the already warm, sheer base of the OG You scent. Named after the French word for silk, this scent evokes the feeling of warmth and freedom after a long day at the beach. In a press release, the brand describes it as…

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Europe’s sovereign debt faces a “perfect storm” as fresh inflation concerns sparked by the Iran conflict forced the region’s central banks to chart a new direction for interest rates on Thursday, sending yields soaring.The Bank of England kept interest rates on hold at 3.75% on Thursday, while the European Central Bank also kept borrowing costs on hold, as rate setters bear the economic impact of rising energy costs.yield 10 years giltInterest rates, a measure of British government debt, rose more than 13 basis points to a 52-week high of 4.871% on Thursday, but have since eased. Two-year bond yields, which…

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