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The Scion founder is betting against Nvidia, Palantir, and other beneficiaries of the AI boom—and says the record-setting rally is creating leverage that could make the next selloff more violent.
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The big change involving the Google Assistant and Gemini happens soon. Users will not be able to switch back.
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Google plans to kill Assistant on your phone on September 4 Ars TechnicaGoogle is killing Assistant on phones September 4. Gemini is the only option left. The Next WebGoogle Assistant to shut down on Android, Wear OS next month MashableGemini Shifts Ad Landscape, Google Retires Android Assistant 08/06/2026 MediaPostGoogle will shut down Google Assistant starting
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Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.
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How Disney parks are bucking a travel slowdown CNBCDisney Theme Parks Report Strong Results, While Comcast's Universal Parks Dip The New York TimesDisney Q3 FY26 Earnings: Commentary from CEO Josh D'Amaro The Walt Disney CompanyDisney's 'Toy Story 5' fuels streaming business and merchandise sales for June quarter Reuters
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Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq ReutersS&P 500 is flat as 4-day rally loses momentum; Dow boosted by Nvidia: Live updates: Live updates CNBCDow rallies to another record, but S&P 500 and Nasdaq close in the red MarketWatchStocks hover near record highs and oil prices
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This wasn't the moonshot Elon Musk was hoping for.
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Spider-Man: Brand New Day's record-breaking box office came after superpowered social marketing.
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Live Updates: Trump says Strait of Hormuz deal could happen today or tomorrow amid Iran-Oman talks CBS NewsAn agreement on the Strait of Hormuz is taking shape - but not one Trump wants CNNNegotiators Close In on Deal With Iran to Open Hormuz WSJIran Says It Is Nearing Final Agreement With Oman on Strait of Hormuz The New York TimesProposed Hormuz deal would give Iran control of inbound traffic, sources say Reuters
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Google DeepMind CEO Demis Hassabis is stepping down AxiosGoogle Overhauls AI Leadership as Longtime Chief Scientist Joins Wave of Exits WSJGoogle shakes up AI leadership as DeepMind chief shifts role Yahoo FinanceFour Top Google A.I. Researchers Form New Start-Up The New York Times4 of Google's Top AI Brains Are Leaving—and Launching Their Own AI Startup WIRED
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The company is keeping costs in check while signaling upbeat growth trends, analysts say.
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Secret FBI probe cast Trump as possible Russian asset after Comey firing, memos show Fox NewsWhite House declassifies info on secret FBI probe into whether Trump fired Comey at Russia's behest, official says CBS NewsFBI opened probe into whether Trump was Russian agent after he fired James Comey, newly revealed memos show New York Post
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The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.
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Lilly reports second-quarter 2026 financial results, raises full-year guidance, and highlights continued growth and pipeline progress Eli Lilly and CompanyEli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge CNBCLilly's Mounjaro, Zepbound sales surge, widening lead over Novo Nordisk ReutersLilly Boosts Sales Guidance on Strong Demand for Obesity Drugs Bloomberg.com
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AI can transform your small business, but without proper governance, it can also create costly compliance risks.
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Why SpaceX stock is falling despite strong revenue growth CBS NewsSpaceX stock falls 7% after AI spending surge rattles investors cnbc.comSpaceX's first earnings reveal the cost of becoming an AI giant: Chart of the Day Yahoo FinanceSpaceX posts loss of $541 million in first report since record-setting IPO The Washington Post
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Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.
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Everyone fixated on the valuation. The number that matters for your business is the boring one hiding underneath it.
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Here's what we know about all the fires currently burning across Spokane County KREMSpokane, Washington, family recounts escape from wildfire WBURAaron Farinacci arrest: How a grandfather's quick thinking led fire investigators to a Spokane arson suspect CNNEvacuation orders remain in place as Fairview Fire continues to pose multiple hazards near Mead kxly.com
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Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.
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Drug-resistant ‘superbug' spreading across US has hit NJ— and it can hide in plain sight New York PostCases of potentially deadly fungus detected in 23 states, CDC data shows. What to know ABC News - Breaking News, Latest News and VideosDrug-resistant fungus Candida auris detected in 23 states so far this year KOMODrug-Resistant ‘Superbug' Confirmed in 23 States: Should You Worry? Healthline
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Being more trustworthy than a politician is a low threshold, but new research carries implications for anyone using AI in the workplace.
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Perez Hilton Is Hospitalized After Appearing to Harm Himself on Livestream The New York TimesPerez Hilton's family speaks out after he appears to harm himself on livestream ABC7 Los AngelesPerez Hilton taken to hospital after appearing to harm himself on livestream: Sheriff's office ABC News - Breaking News, Latest News and VideosPolice Respond to Perez Hilton's Home After He Appeared to Harm Himself in TikTok Livestream Rolling Stone
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‘Spider-Man: Brand New Day' Becomes Highest-Grossing Movie of 2026 in 7 Days With $1.15 Billion variety.comReview: Spider-Man: Brand New Day reminds us that superhero movies can be good Ars TechnicaWeekend Preview: After Hitting a Billion, How High Can SPIDER-MAN Go? Boxoffice Pro'Avengers: Doomsday's Russo Brothers Congratulate 'Spider-Man: Brand New Day' Team On Box Office Success: "The Gauntlet Has Been Passed" Deadline
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Trump Administration Live Updates: Blanche's Confirmation Faces New Opposition The New York TimesTodd Blanche Clears Committee Vote, Nearing Confirmation as Attorney General The New York TimesAs Blanche's path to confirmation is cleared, Trump's tax audit immunity remains in place AP NewsTodd Blanche nomination hanging by thread after he advances out of committee CNNTrump and Blanche just pl
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Private sector hiring grew by 44,000 jobs in July, while pay increased 4.4% year-over-year, payroll giant ADP reported Wednesday, as the pace of hiring slowed this summer.
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Ken Griffin's company bought billions of dollars of AI stocks from Leopold Aschenbrenner's firm
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Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 billion and $85 billion.
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Building out market infrastructure is welcome but the country's economic challenges could remain a deterrent
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Jeff Dean and other top AI researchers are leaving Google to launch their own startup TechCrunchGoogle stock drops amid DeepMind leadership shake-up Yahoo FinanceWhat smart people in tech are saying about Google's AI leadership restructuring Business InsiderGoogle's AI reshuffle: Chief scientist Jeff Dean exits and Demis Hassabis steps down as DeepMind CEO CNBC
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Jeff Dean, who for years was one of Google's most important executives, is leading the new artificial intelligence company with the backing of Google.
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The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
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Theme parks have long been seen as a bellwether for consumer confidence. Disney's domestic parks and cruises revenue rose 11 percent in the latest quarter.
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The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.
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Aggressive tactics are prompting increased regulatory scrutiny
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Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.
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Booming corporate profits are driving the S&P 500 near another record, dampening concerns about the war, inflation and more.
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S&P 500 heads for 25th record close of 2026, after a 42-day break.
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The grouping of companies called the Magnificent Seven just did something that they haven't since the introduction of ChatGPT sent the market into an artificial intelligence-sparked frenzy.
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After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation down.
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The tiredness isn't from the workload — it's from an invisible "leadership tax" that most Black women in senior roles are paying every day, and the ones who sustain success learn how to stop paying it.
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Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
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Beijing makes most ambitious offer yet to build alternative global order
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The CrowdStrike outage created a new sense of urgency for companies to protect their tech systems. A study by Shane Greenstein and colleagues illustrates just how many companies are vulnerable to cyberattacks and other threats simply because they put off updating their software.
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Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn't last, with all three indexes ending in the red.
SEE MORE Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now
The Labor Department this morning said the U.S. added 315,000 new jobs in August, well below July's 526,000. Also in the jobs report: the unemployment rate edged up to 3.7% from 3.5%; the labor participation rate, or the number of people actively seeking work, improved to 62.4% from 62.1%; and average hourly earnings - a key measure of labor cost inflation - was up 5.2% year-over-year, same as it was in July.
"Friday's jobs data provided some moderate relief, with payrolls almost landing precisely on consensus at 315,000 in August," says Douglas Porter, chief economist at BMO Capital Markets." While no doubt a solid advance - and completely inconsistent with recession chatter - other aspects of the report sent some calming signals." Porter points to steady wage growth, an increasing labor force and the rising unemployment rate that suggest "the extreme tightness in the job market may be beginning to moderate - almost exactly what the Fed doctor ordered."
Still, the major indexes, after being up more than 1% each around lunchtime, swung lower in afternoon trading after news reports indicated Russian energy giant Gazprom will indefinitely suspend operations of a natural-gas pipeline to Germany.
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By the close, the Nasdaq Composite was down 1
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