Author: Editor-In-Chief

Traders work on the floor of the New York Stock Exchange (NYSE) on April 4, 2025 in New York City. Timothy A. Clary | AFP | Getty ImagesMany investors remain obsessed with the so-called “Mag 7” and the tech-driven U.S. stock market. You may need to learn some history lessons to avoid being held back by the mistakes that sunk your portfolio in the early 2000s.Although there are differences in today’s market, the stage we are in is similar in some important ways to the period before the dot-com bubble burst. During the dot-com heyday, many market participants were overly…

U.S. Treasury Secretary Scott Bessent attends the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library on May 29, 2026 in Simi Valley, California.Caroline Breman | Bloomberg | Getty ImagesU.S. Treasury Secretary Scott Bessent said Tuesday that the Trump administration will investigate whether China’s artificial intelligence models were derived from U.S. models, saying the government does not support “intellectual property theft.”China’s open weight model is gaining traction against major products from US companies. OpenAI and humanraising concerns from technology executives and government officials about the sustainability of America’s lead in the AI ​​race. Earlier this month, Chinese startup…

A London bus driver discovered a caged monkey hidden inside a laundry bag on board last week. The marmoset is believed to have been abandoned by its owner, and animal protection authorities are warning of further abandonment following recent changes to the UK’s primate captivity laws. The driver of bus number 302, who has not been identified, spotted the frightened animal on Friday morning near the end of the route from Mill Hill Broadway to Kensal Rise in northwest London. Britain’s Royal Society for the Prevention of Cruelty to Animals (RSPCA) said the mother tried to disembark the ship with…

Data centers are expected to use one-fifth of the electricity generated in the United States by 2035, or four times as much as they do now, according to a new report from BloombergNEF. Due to the surge in AI computing, data center capacity will increase to nearly 200 gigawatts over the next decade, the report predicts. Roughly half of that capacity will be devoted to training and reasoning, and much of that will continue to be concentrated in the United States. By 2033, the country will host 64% of AI chips based on electricity demand. Based on previous projections, these…

A health care worker administers the Pfizer-BioNTech novel coronavirus vaccine to a student during a “Vax To School” campaign event at a high school in the Borough of Staten Island, New York, United States, on Tuesday, August 10, 2021.Gina Moon | Bloomberg | Getty ImagesAbout two-thirds of medical students who use prediction markets and betting sites believe these platforms will help them fund their education, according to a report from workforce infrastructure firm Clasp.The findings from 1,000 respondents came after the Trump administration expanded the list of graduate degrees eligible for increased borrowing limits. Health care programs such as nursing…

SpaceX will celebrate its IPO on June 12, 2026 on Nasdaq.Adam Jeffrey | CNBCSpaceX stock rose 7% on Tuesday, looking to end a seven-day losing streak after the company released its first earnings report, which coincided with the deadline for a major stock lockup. Elon Musk’s aerospace and defense contractor on Monday released its first financial report since its record initial public offering on Aug. 4. The company’s unique lock-up period will also kick in that day, allowing insiders to begin selling their shares earlier than the normal 180 days.SpaceX adopted a staggered approach, allowing insiders to sell portions of…

Internal Revenue Service CEO Frank Bisignano has denied allegations that he spied on fellow executives while on the job. JP Morgan Chase Age over ten years. “None of it is true,” Bisignano told CNBC on Tuesday.The Wall Street Journal reported Monday that Mr. Bisignano supervised his colleagues at JPMorgan while he was co-chief operating officer. He “tightly held employees in check” and sought information to “undermine rivals,” the paper said. One of those targeted was Charlie Scharf, currently the CEO of Wells Fargo, the paper said.”Charlie called me last night and we had a good laugh about it,” Bisignano said.Read…

The letter, which contains “very interesting” details of life on the ill-fated Titanic, is expected to sell for around 35,000 pounds (about $47,000) at auction. The letter, listed for sale by British auction house Henry Aldridge & Son, was written by a passenger named Henry Hodges and dated April 10, 1912, the day the RMS Titanic set sail. In the letter, Hodges told his friend Hector about the “wonderful time” he had on board. “I can’t see any ship movement at the moment, but the weather is very nice,” he wrote. “About 200 boys (more than 20) are singing and…

Photo illustration of a group of weight loss pills on a white background.UCG | Universal Images Group | Getty Imagesnovo nordisk The lawsuit was filed on Tuesday. Eli LillyThe company claimed that an advertising campaign for its blockbuster obesity and diabetes drug was designed to mislead consumers about its superior efficacy compared to the Danish drugmaker’s rival injectable drugs. Novo specifically takes issue with national ads that cite “outdated” clinical trials comparing the highest doses of Lilly’s drug to lower doses of Novo’s drug. For example, these campaigns do not include new evidence about Novo’s recently approved high-dose version of…

Nvidia Corp. Chief Executive Officer Jensen Huang speaks next to the Vera Rubin Ultra Kyber compute tray and Vera Rubin Ultra Kyber NVLink midplane during the keynote address at the Nvidia GTC conference on March 16, 2026 in San Jose, California.Bloomberg | Bloomberg | Getty ImagesNvidia has become the most valuable company due to insatiable demand for graphics processing units (GPUs), the primary chips used to create and deploy artificial intelligence. But semiconductor giants now ship their own central processing units (CPUs), and cloud providers could decide to deploy them instead. advanced micro device and intelopening up a new battlefield…