2 days ago
Jim Cramer thinks investors have gone too far.
As the tech slump dragged into a new week, the CNBC host said in a post on X that the negativity around Marvell, Apple, and Palantir "is pretty thick," adding, "No matter what they say, it isn't enough."
He made the remark as all three stocks slid on Nov. 2.
His comments landed in a rough market. Chip and memory stocks have lost about $3.7 trillion in market value since Oct. 6, and Intel suffered its worst day since 1974 on Oct. 30, falling nearly 29% after a disappointing forecast.
The chip group shed more than $400 billion on Nov. 2 alone, as reported by Yahoo Finance. In a market this nervous, even good news is getting sold.
#chip #marvell
As the tech slump dragged into a new week, the CNBC host said in a post on X that the negativity around Marvell, Apple, and Palantir "is pretty thick," adding, "No matter what they say, it isn't enough."
He made the remark as all three stocks slid on Nov. 2.
His comments landed in a rough market. Chip and memory stocks have lost about $3.7 trillion in market value since Oct. 6, and Intel suffered its worst day since 1974 on Oct. 30, falling nearly 29% after a disappointing forecast.
The chip group shed more than $400 billion on Nov. 2 alone, as reported by Yahoo Finance. In a market this nervous, even good news is getting sold.
#chip #marvell
2 days ago
Adam Driver wants to thank fans for supporting "The Hunt for Ben Solo," but the "Star Wars" actor thinks his days as Kylo Ren are over.
"It's over," Driver said on Wednesday. "No more 'Star Wars.' We tried."
The actor appeared on "The Rich Eisen Show" to talk about his upcoming film, "Paper Tiger," which premiered at Cannes Film Festival earlier this year. During the interview, Eisen asked if he planned on returning to the sci-fi/fantasy franchise, which prompted Driver to discuss "The Hunt for Ben Solo," a sequel to "The Rise of Skywalker" that he and Steven Soderbergh worked on that ultimately wasn't picked up by Disney.
"We tried to do one more, yeah, but they were like, 'No, he's dead,'" Driver said, referring to Ben Solo's demise in "Episode IX."
"Yeah, I know, but, I mean, these things, you can make anything up," Eisner responded. "I don't know if you're aware Darth Vader turned out to be somebody's father, you know? That came out of nowhere back in the day."
#solo #actor
"It's over," Driver said on Wednesday. "No more 'Star Wars.' We tried."
The actor appeared on "The Rich Eisen Show" to talk about his upcoming film, "Paper Tiger," which premiered at Cannes Film Festival earlier this year. During the interview, Eisen asked if he planned on returning to the sci-fi/fantasy franchise, which prompted Driver to discuss "The Hunt for Ben Solo," a sequel to "The Rise of Skywalker" that he and Steven Soderbergh worked on that ultimately wasn't picked up by Disney.
"We tried to do one more, yeah, but they were like, 'No, he's dead,'" Driver said, referring to Ben Solo's demise in "Episode IX."
"Yeah, I know, but, I mean, these things, you can make anything up," Eisner responded. "I don't know if you're aware Darth Vader turned out to be somebody's father, you know? That came out of nowhere back in the day."
#solo #actor
7 days ago
Intel lost almost a third of its value on Friday. By the close, the Nasdaq Composite had sealed its worst month since March 2025, down 5.3%.
Tom Lee of Fundstrat, a Wall Street research firm, has another suspect. He thinks one big investor may have been forced to dump tech shares, leaving tech holders with the losses.
Speaking on CNBC as the Nasdaq slid on Friday, Lee said the market was fighting an "internal battle" and that the selling looked forced.
"Today looks like someone's getting liquidated. I don't know if it's an institution," he said.
By "liquidated," Lee means forced to sell. This happens when an investor buys shares with borrowed money and prices then fall. The lender wants its money back, so the investor has to sell at any price.
#shares #liquidated #money #Intel
Tom Lee of Fundstrat, a Wall Street research firm, has another suspect. He thinks one big investor may have been forced to dump tech shares, leaving tech holders with the losses.
Speaking on CNBC as the Nasdaq slid on Friday, Lee said the market was fighting an "internal battle" and that the selling looked forced.
"Today looks like someone's getting liquidated. I don't know if it's an institution," he said.
By "liquidated," Lee means forced to sell. This happens when an investor buys shares with borrowed money and prices then fall. The lender wants its money back, so the investor has to sell at any price.
#shares #liquidated #money #Intel
8 days ago
Carolina Panthers quarterback Bryce Young isn't playing at 100 percent. But that, based off the reactions from head coach Dave Canales and Young himself, doesn't seem to be too great of a concern—at least for now.
Young's knee issue, which he sustained back in the Week 3 loss to the Cleveland Browns, has kept his name on the injury report for the last handful of games. The effects of that problem seemed most obvious on Thursday night, throughout the Panthers' 27-19 loss to the Green Bay Packers.
With his offensive line failing to keep the pocket clean time and time again, Young—as he usually would—opted not to use his legs to extend plays. He was pressured on a career-high 22 dropbacks, and attempted zero scrambles.
Canales was asked if he thinks Young has been hampered by the injury.
"Maybe," he replied. "I would say that he certainly doesn't look like he's got that quick make-you-miss kind of deal. But he was able to create some **** e for himself.
#loss
Young's knee issue, which he sustained back in the Week 3 loss to the Cleveland Browns, has kept his name on the injury report for the last handful of games. The effects of that problem seemed most obvious on Thursday night, throughout the Panthers' 27-19 loss to the Green Bay Packers.
With his offensive line failing to keep the pocket clean time and time again, Young—as he usually would—opted not to use his legs to extend plays. He was pressured on a career-high 22 dropbacks, and attempted zero scrambles.
Canales was asked if he thinks Young has been hampered by the injury.
"Maybe," he replied. "I would say that he certainly doesn't look like he's got that quick make-you-miss kind of deal. But he was able to create some **** e for himself.
#loss
8 days ago
49ers' 7-round 2027 NFL Draft according to PFF mock draft simulator during bye week appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Someone thinks the San Francisco 49ers got a steal in the DeForest Buckner trade. Do the 49ers plan on more deals? But this is a bye week for the 49ers. So let's look ahead to the 2027 NFL Draft and see what the Pro Football Focus mock simulator says they will get.
The 49ers are rolling with a record of 6-1, even though they're coming off a loss to the Falcons. It's looking like they will have a low first-round draft pick in 2027.
It's a great combination when a cornerback can flat-out run and also be a guy who can make tackles. And Brown brings those things to the field, according to NFL Draft Buzz.
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#clutchpoints #mock #source
Someone thinks the San Francisco 49ers got a steal in the DeForest Buckner trade. Do the 49ers plan on more deals? But this is a bye week for the 49ers. So let's look ahead to the 2027 NFL Draft and see what the Pro Football Focus mock simulator says they will get.
The 49ers are rolling with a record of 6-1, even though they're coming off a loss to the Falcons. It's looking like they will have a low first-round draft pick in 2027.
It's a great combination when a cornerback can flat-out run and also be a guy who can make tackles. And Brown brings those things to the field, according to NFL Draft Buzz.
Watch sports LIVE with fuboTV (free trial)
#clutchpoints #mock #source
12 days ago
Meghan Markle is reportedly planning to challenge Prince William and Kate Middleton. According to sources, the Sussexes are facing new tensions with the monarchy after the King issued a letter reaffirming their status as "non-working royals." As such, Markle is allegedly planning to share more royal secrets in her upcoming projects.
According to OK! Magazine, Meghan Markle is ready to fight Prince William and Kate Middleton after a letter confirming the Sussexes' status. "Meghan suspects William influenced his father's decision to put her and Harry in their place, and believes Kate supported the move," a royal insider told the publication.
The insider continued, "Meghan has correctly interpreted the Palace's position as an attempt to reinforce the Sussexes' exclusion from official royal life." This is "despite their apparent efforts to improve family relations."
However, "she is now ready to take on William and Kate, and fight back against them by spilling even more royal secrets in her future streaming projects." The ******* ss of Sussex "thinks she has nothing to lose now." Another source said, "Meghan believes she and Harry should respond more ******* ertively to negative publicity."
They continued, "The Sussexes could increasingly use their own professional relationships and communications platforms to explain their position." This means "more documentaries and takedowns of the royal family from their U.K. home."
#royal #markle #according
According to OK! Magazine, Meghan Markle is ready to fight Prince William and Kate Middleton after a letter confirming the Sussexes' status. "Meghan suspects William influenced his father's decision to put her and Harry in their place, and believes Kate supported the move," a royal insider told the publication.
The insider continued, "Meghan has correctly interpreted the Palace's position as an attempt to reinforce the Sussexes' exclusion from official royal life." This is "despite their apparent efforts to improve family relations."
However, "she is now ready to take on William and Kate, and fight back against them by spilling even more royal secrets in her future streaming projects." The ******* ss of Sussex "thinks she has nothing to lose now." Another source said, "Meghan believes she and Harry should respond more ******* ertively to negative publicity."
They continued, "The Sussexes could increasingly use their own professional relationships and communications platforms to explain their position." This means "more documentaries and takedowns of the royal family from their U.K. home."
#royal #markle #according
19 days ago
Sunday's 18-16 home loss to the Cardinals dropped the Rams to 2-4 and continued a start that has many people scratching their heads given how high the hopes were for the team heading into the season.
Everyone ******* ociated with the team is fielding questions about why things have gone so poorly, including running back Kyren Williams. Williams was asked about why he thinks the offense has been inconsistent from drive to drive over the first six weeks and he pointed to his role in his answer.
"I can't tell you, bro," Williams said, via Adam Grosbard of the Orange County Register. "Probably because I'm not out there."
Williams played 70 percent of the snaps in the first five games and he outsnapped Blake Corum 42-16 on Sunday while fielding 13 touches to 11 for Corum. Williams' workload is in line with last season, but down from its peak in 2024 and he's seeing fewer carries than at any point since he became a starter. He was asked if he'd like to see that change in the coming weeks.
"I can't really call that. It's not on me," Williams said. "But I just think no matter what, we gotta continue to have the energy. You gotta continue to, when plays are made, be excited, be happy so we uplift not only the offense but the defense and the special teams and just being able to have that camaraderie to where we're playing off of each other and I think that's what is going to allow us to be where we want to be."
#williams #team
Everyone ******* ociated with the team is fielding questions about why things have gone so poorly, including running back Kyren Williams. Williams was asked about why he thinks the offense has been inconsistent from drive to drive over the first six weeks and he pointed to his role in his answer.
"I can't tell you, bro," Williams said, via Adam Grosbard of the Orange County Register. "Probably because I'm not out there."
Williams played 70 percent of the snaps in the first five games and he outsnapped Blake Corum 42-16 on Sunday while fielding 13 touches to 11 for Corum. Williams' workload is in line with last season, but down from its peak in 2024 and he's seeing fewer carries than at any point since he became a starter. He was asked if he'd like to see that change in the coming weeks.
"I can't really call that. It's not on me," Williams said. "But I just think no matter what, we gotta continue to have the energy. You gotta continue to, when plays are made, be excited, be happy so we uplift not only the offense but the defense and the special teams and just being able to have that camaraderie to where we're playing off of each other and I think that's what is going to allow us to be where we want to be."
#williams #team
19 days ago
Cowboys head coach Brian Schottenheimer defended his team's effort but not the results after Sunday night's loss to the Packers.
On a night when Dak Prescott threw two interceptions, Schottenheimer pointed the finger at turnovers.
"The effort is right, the fight is right, but mistakes are killing us," Schottenheimer said. "We've got to protect the football."
At 2-4, the Cowboys are not a good team right now, but there are no good teams in the NFC East and the Cowboys are actually the betting favorites to win the division. Schottenheimer thinks there's still a future for his team.
"We're in a hole. We've put ourselves there. There's one way out of it. I told our guys we've got to work, we've got to find solutions, we can't repeat mistakes. And they understand that," Schottenheimer said.
#schottenheimer #right #team #brian
On a night when Dak Prescott threw two interceptions, Schottenheimer pointed the finger at turnovers.
"The effort is right, the fight is right, but mistakes are killing us," Schottenheimer said. "We've got to protect the football."
At 2-4, the Cowboys are not a good team right now, but there are no good teams in the NFC East and the Cowboys are actually the betting favorites to win the division. Schottenheimer thinks there's still a future for his team.
"We're in a hole. We've put ourselves there. There's one way out of it. I told our guys we've got to work, we've got to find solutions, we can't repeat mistakes. And they understand that," Schottenheimer said.
#schottenheimer #right #team #brian
19 days ago
After the false start and the worst start, Michael Carrick ******* ounced it a fresh start. Manchester United have their fewest wins in their opening seven league games of a campaign for 40 years – just the one – and have not tasted victory in six matches in all competitions. Their manager nevertheless emerged from consecutive away games that brought defeat to Atletico Madrid and a draw at Leeds appearing more upbeat about their prospects.
"I understand the situation doesn't look too good if you look at it from a certain way, but I got no doubts that we can go on a good run," he said. That certain way could involve referencing results or the league table; seven games in, the club who finished third last season are already nine points adrift of the top three.
Carrick believes he has detected a good feeling around his squad, whether or not it stems from Lisandro Martinez's public criticism of director of football Jason Wilcox. "I felt like [it was] a bit of a fresh start today and where we're at, and accepting it and doing something about it," he said. Perhaps not doing enough about it, given the result was exactly the same – a 1-1 draw – as in their previous two league games.
Michael Carrick thinks Man United's new-look midfield, including Youri Tielemans (pictured), can lead their rebuild (Reuters)
If there is improvement in Carrick's camp, it has come from a low bar. And, in fairness, the performances in the intimidating atmospheres of the Metropolitano and Elland Road are not among United's four worst this season – Hull, Manchester City, Brighton, Tottenham – but, again, that is scarcely a compliment.
#carrick
"I understand the situation doesn't look too good if you look at it from a certain way, but I got no doubts that we can go on a good run," he said. That certain way could involve referencing results or the league table; seven games in, the club who finished third last season are already nine points adrift of the top three.
Carrick believes he has detected a good feeling around his squad, whether or not it stems from Lisandro Martinez's public criticism of director of football Jason Wilcox. "I felt like [it was] a bit of a fresh start today and where we're at, and accepting it and doing something about it," he said. Perhaps not doing enough about it, given the result was exactly the same – a 1-1 draw – as in their previous two league games.
Michael Carrick thinks Man United's new-look midfield, including Youri Tielemans (pictured), can lead their rebuild (Reuters)
If there is improvement in Carrick's camp, it has come from a low bar. And, in fairness, the performances in the intimidating atmospheres of the Metropolitano and Elland Road are not among United's four worst this season – Hull, Manchester City, Brighton, Tottenham – but, again, that is scarcely a compliment.
#carrick
19 days ago
Chiefs' Patrick Mahomes reveals how Super Bowl trips changed his football outlook appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
After a challenging 6-11 season last year in which he suffered a season-ending knee injury, Patrick Mahomes and the Kansas City Chiefs are back to their dominant selves. They improved to 5-0 on the season with a 22-6 win over the winless Los Angeles Chargers in Week 6.
After the game, Mahomes shared some insight into how he thinks about football now after going from playing in so many Super Bowls to struggling and suffering a serious injury last season.
"Last year, to me, football in perspective. We played in so many Super Bowls, and especially those last few, it was like we, I don't want to say coasted, but we didn't play our best football in the regular season and we just turned it on in the playoffs. Even last year when stuff wasn't going right, I was like, 'We're going to figure it out. It's just gonna happen.'"
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#last #Football #going #clutchpoints
After a challenging 6-11 season last year in which he suffered a season-ending knee injury, Patrick Mahomes and the Kansas City Chiefs are back to their dominant selves. They improved to 5-0 on the season with a 22-6 win over the winless Los Angeles Chargers in Week 6.
After the game, Mahomes shared some insight into how he thinks about football now after going from playing in so many Super Bowls to struggling and suffering a serious injury last season.
"Last year, to me, football in perspective. We played in so many Super Bowls, and especially those last few, it was like we, I don't want to say coasted, but we didn't play our best football in the regular season and we just turned it on in the playoffs. Even last year when stuff wasn't going right, I was like, 'We're going to figure it out. It's just gonna happen.'"
Watch sports LIVE with fuboTV (free trial)
#last #Football #going #clutchpoints
29 days ago
"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links."
When did we lose the art of enjoyment? These days, the average person loves a think piece—specifically, having their own and putting it out there for the world to see. It stems from this new access we have on the internet to each other. On ****** es like TikTok, Instagram, and X and Threads, we can reach beyond our narrow circles into the phones of literally anyone else. Out of this environment, we've normalized an even more extreme parasocial nature between celebrities, influencers, and each other. The new internet landscape involves users ****** yzing and critiquing anyone who chooses to try or put themselves out there, serving as amateur publicists, stylists, and brand-image architects. There's an element of this new world order that's thrilling—our opinions matter! But...what's that phrase about opinions again?
I'd argue that we've critiqued ourselves into mass hysteria, conflating personal opinion with expertise. Just because someone has something to say doesn't mean they actually know what they're saying. There once was a time when people took the time to learn, gain experience, and work in a specific field so they're equipped to handle certain industries. But now, everyone simply thinks they know enough about everything. And it's making fashion and entertainment commentary less fun for everyone involved.
Over the last few weeks, with Fashion Month, the Emmys, and the VMAs, we were inundated with sartorial opinions on the internet. Top of mind for me was Shailene Woodley's Emmys look.
Kevin Winter - Getty Images
#anyone #know #time
When did we lose the art of enjoyment? These days, the average person loves a think piece—specifically, having their own and putting it out there for the world to see. It stems from this new access we have on the internet to each other. On ****** es like TikTok, Instagram, and X and Threads, we can reach beyond our narrow circles into the phones of literally anyone else. Out of this environment, we've normalized an even more extreme parasocial nature between celebrities, influencers, and each other. The new internet landscape involves users ****** yzing and critiquing anyone who chooses to try or put themselves out there, serving as amateur publicists, stylists, and brand-image architects. There's an element of this new world order that's thrilling—our opinions matter! But...what's that phrase about opinions again?
I'd argue that we've critiqued ourselves into mass hysteria, conflating personal opinion with expertise. Just because someone has something to say doesn't mean they actually know what they're saying. There once was a time when people took the time to learn, gain experience, and work in a specific field so they're equipped to handle certain industries. But now, everyone simply thinks they know enough about everything. And it's making fashion and entertainment commentary less fun for everyone involved.
Over the last few weeks, with Fashion Month, the Emmys, and the VMAs, we were inundated with sartorial opinions on the internet. Top of mind for me was Shailene Woodley's Emmys look.
Kevin Winter - Getty Images
#anyone #know #time
29 days ago
A newly surfaced text message attributed to Kimberly Guilfoyle appears to reveal what she really thinks of Bettina Trump. Guilfoyle and Donald Trump Jr. ended their engagement in 2024. Bettina, 39, is now his wife.
"I was having a [expletive] great time Saturday and we had a [expletive] amazing time when we got home Saturday night that's a nonsense," Guilfoyle allegedly texted Eric Deters, a former Kentucky congressional candidate, according to a Thursday, October 8 report in The Daily Beast. "That's his ex-wife's friend. It's all lies, but she's a cloud chasing horror that plays the story in the daily mail to get attention."
Deters confirmed to the outlet that the message was about Bettina.
The Daily Beast cautioned that the texts may contain typos. "Cloud chasing" could mean "clout chasing," and "plays the story" could mean "placed the story." The outlet also noted that "his ex-wife's friend" may refer to Vanessa Trump, Don Jr.'s former wife.
The message does not say which Daily Mail story Guilfoyle, 57, meant. But the publication reported on September 15, 2024, that Don Jr., 48, had been seen kissing Bettina at a brunch on August 17 of that same year. At that point, the public still believed he and Guilfoyle, now the U.S. ambassador to Greece, were engaged. The two have never publicly said when they actually split.
#story #chasing #deters
"I was having a [expletive] great time Saturday and we had a [expletive] amazing time when we got home Saturday night that's a nonsense," Guilfoyle allegedly texted Eric Deters, a former Kentucky congressional candidate, according to a Thursday, October 8 report in The Daily Beast. "That's his ex-wife's friend. It's all lies, but she's a cloud chasing horror that plays the story in the daily mail to get attention."
Deters confirmed to the outlet that the message was about Bettina.
The Daily Beast cautioned that the texts may contain typos. "Cloud chasing" could mean "clout chasing," and "plays the story" could mean "placed the story." The outlet also noted that "his ex-wife's friend" may refer to Vanessa Trump, Don Jr.'s former wife.
The message does not say which Daily Mail story Guilfoyle, 57, meant. But the publication reported on September 15, 2024, that Don Jr., 48, had been seen kissing Bettina at a brunch on August 17 of that same year. At that point, the public still believed he and Guilfoyle, now the U.S. ambassador to Greece, were engaged. The two have never publicly said when they actually split.
#story #chasing #deters
30 days ago
Meghan Markle has reportedly been plotting to give her lifestyle brand, As Ever, a "British identity" amid intense backlash over her new Holiday Advent Calendar in collaboration with Compartes Chocolate. According to a new report, the **** ss of Sussex has been extremely careful about what her upcoming new chapter will be. She has allegedly been considering Britain as a significant part of the future As Ever plan.
Meghan Markle has reportedly been wanting to play in the "English countryside and the Cotswolds lifestyle" for the future of her lifestyle brand, As Ever. As reported by Closer, a source said the **** ss of Sussex has been taking time to plan her future business ventures carefully.
According to the source, the **** ss's new chapter in her professional life may include presenting a British slant to the world for none other than her lifestyle brand, As Ever. She allegedly plans to do more television as well.
In the meantime, per the news outlet, the insider claimed that Meghan Markle "has been thinking very carefully about what her next chapter here could look like." According to the insider, "The UK is very much part of the plan for As Ever."
The insider further explained that the **** ss of Sussex "thinks there is an opportunity to expand the brand and give it a slightly different British identity, playing on the English countryside and the Cotswolds lifestyle."
#lifestyle #markle #sussex
Meghan Markle has reportedly been wanting to play in the "English countryside and the Cotswolds lifestyle" for the future of her lifestyle brand, As Ever. As reported by Closer, a source said the **** ss of Sussex has been taking time to plan her future business ventures carefully.
According to the source, the **** ss's new chapter in her professional life may include presenting a British slant to the world for none other than her lifestyle brand, As Ever. She allegedly plans to do more television as well.
In the meantime, per the news outlet, the insider claimed that Meghan Markle "has been thinking very carefully about what her next chapter here could look like." According to the insider, "The UK is very much part of the plan for As Ever."
The insider further explained that the **** ss of Sussex "thinks there is an opportunity to expand the brand and give it a slightly different British identity, playing on the English countryside and the Cotswolds lifestyle."
#lifestyle #markle #sussex
1 month ago
Eric Trump thinks artificial intelligence, not a crypto-specific trend, will drive the next phase of digital ****** et growth.
Trump was speaking at the Token2049 conference in Singapore on Oct. 7. "The thing that's going to spawn the growth of digital ****** ets by far the quickest is actually the AI trade," he said.
TOKEN2049 bills itself as the world's largest crypto event. The two-day Singapore edition runs October 7 and 8 at Marina Bay Sands, with more than 300 speakers and 500 exhibitors listed on its official site.
Eric Trump, a son of President Donald Trump, co-founded World Liberty Financial. It is a Trump family-linked crypto project that issues USD1, a dollar-backed stablecoin.
A stablecoin is a crypto token built to hold a steady $1 value. He is also co-founder and chief strategy officer of American Bitcoin, a Nasdaq-listed company that mines Bitcoin and holds it as a reserve ****** et.
#Trump #Crypto #token2049 #Growth
Trump was speaking at the Token2049 conference in Singapore on Oct. 7. "The thing that's going to spawn the growth of digital ****** ets by far the quickest is actually the AI trade," he said.
TOKEN2049 bills itself as the world's largest crypto event. The two-day Singapore edition runs October 7 and 8 at Marina Bay Sands, with more than 300 speakers and 500 exhibitors listed on its official site.
Eric Trump, a son of President Donald Trump, co-founded World Liberty Financial. It is a Trump family-linked crypto project that issues USD1, a dollar-backed stablecoin.
A stablecoin is a crypto token built to hold a steady $1 value. He is also co-founder and chief strategy officer of American Bitcoin, a Nasdaq-listed company that mines Bitcoin and holds it as a reserve ****** et.
#Trump #Crypto #token2049 #Growth
1 month ago
A key gauge of where the market thinks rates are headed is the CME FedWatch survey, which polls interest rate traders. In the days leading up to the September Federal Open Market Committee (FOMC) meeting, almost 60% of those polled expected a 25-basis-point rate hike, which the FOMC delivered on Sept. 16.
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
1 month ago
In a rare public appearance, Keri Russell's teenage daughter, Willa Lou Deary, joined her famous mom at Paris Fashion Week.
Stepping out together on Tuesday, October 6, to attend the Louis Vuitton Spring/Summer 2027 runway show in the French capital, the mother-daughter duo posed for photos in equally dazzling ensembles.
While the Diplomat star, 50, opted for a white structured blouse, black mini skirt and black heels, her daughter, 13, stunned in a tweed pink-and-red two-piece set with dual-tone heels. The pair complemented their outfits with compact Louis Vuitton handbags, while matching with both of their hair pulled back.
Russell shares Willa and her son, River Russell, 19, with her ex-husband, Shane Deary, whom she divorced in 2014. The actress also shares son Sam, 10, with her partner, Matthew Rhys.
Keri Russell Reveals What 11-Year-Old Daughter Willa Thinks of 'Felicity' After 1 Episode: 'She Turned It Off'
#vuitton
Stepping out together on Tuesday, October 6, to attend the Louis Vuitton Spring/Summer 2027 runway show in the French capital, the mother-daughter duo posed for photos in equally dazzling ensembles.
While the Diplomat star, 50, opted for a white structured blouse, black mini skirt and black heels, her daughter, 13, stunned in a tweed pink-and-red two-piece set with dual-tone heels. The pair complemented their outfits with compact Louis Vuitton handbags, while matching with both of their hair pulled back.
Russell shares Willa and her son, River Russell, 19, with her ex-husband, Shane Deary, whom she divorced in 2014. The actress also shares son Sam, 10, with her partner, Matthew Rhys.
Keri Russell Reveals What 11-Year-Old Daughter Willa Thinks of 'Felicity' After 1 Episode: 'She Turned It Off'
#vuitton
1 month ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A 66-year-old recently retired engineer wants to give each of his three adult children $19,000 a year from the couple's $1.5 million portfolio. He wants to see them enjoy the money now rather than wait for an inheritance.
His wife, 64, disagrees. She thinks the kids should earn it like they did and worries that $57,000 a year in gifts could put their own retirement at risk.
The tax rules make those gifts relatively straightforward. The harder question is whether the couple can afford them.
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#benzinga
A 66-year-old recently retired engineer wants to give each of his three adult children $19,000 a year from the couple's $1.5 million portfolio. He wants to see them enjoy the money now rather than wait for an inheritance.
His wife, 64, disagrees. She thinks the kids should earn it like they did and worries that $57,000 a year in gifts could put their own retirement at risk.
The tax rules make those gifts relatively straightforward. The harder question is whether the couple can afford them.
Don't Miss:
#benzinga
1 month ago
Saoirse Ronan has insisted the James Bond rumours don't come up home with her husband Jack Lowden.
During an interview with The ****** ociated Press, the Oscar-nominated actress was asked what it was like to live with the Slow Horses actor, given that everyone thinks he'll be the next 007.
The Irish actress insisted the subject doesn't come up much in their day-to-day life as they have other matters to deal with.
"I mean, we're kind of getting on with our life to be honest, we have plenty of other things to be dealing with, so yeah, it's not really a subject that's coming up in our house to be honest," she shared. "The dog needs to be walked, the dinner needs to be made, we're more focused on that."
She added, "Jack's on Slow Horses right now, and he's having a good time on that."
Ronan also quipped that Lowden's co-star Gary Oldman "thinks he's James Bond", after Oldman said in an interview that the next Bond had been picked and his "fingers are crossed" for the Scottish actor. Many people believed the Oscar winner had let slip that Lowden had secured the coveted role.
#ronan #horses #oldman #come
During an interview with The ****** ociated Press, the Oscar-nominated actress was asked what it was like to live with the Slow Horses actor, given that everyone thinks he'll be the next 007.
The Irish actress insisted the subject doesn't come up much in their day-to-day life as they have other matters to deal with.
"I mean, we're kind of getting on with our life to be honest, we have plenty of other things to be dealing with, so yeah, it's not really a subject that's coming up in our house to be honest," she shared. "The dog needs to be walked, the dinner needs to be made, we're more focused on that."
She added, "Jack's on Slow Horses right now, and he's having a good time on that."
Ronan also quipped that Lowden's co-star Gary Oldman "thinks he's James Bond", after Oldman said in an interview that the next Bond had been picked and his "fingers are crossed" for the Scottish actor. Many people believed the Oscar winner had let slip that Lowden had secured the coveted role.
#ronan #horses #oldman #come
1 month ago
A royal expert shared that Prince Harry wants to spend as much time as he can with his father, King Charles, now that he has returned to the UK. However, she noted that their extended stay in the country could create challenging times for Meghan Markle. The Sussexes moved to the UK in August 2026, more than a month after their private reunion with King Charles.
Expert Roya Nikkhah shared what she thinks Prince Harry looks forward to now that he's back in the UK for an extended period of time. She said, "I think the jury is out on that. I mean, my sense and my feeling is I do really feel that Harry wants to spend as much time as he can with his father. His father is still receiving cancer treatment."
Nikkhah said she's aware that Prince Harry hasn't yet met his father since he returned. The expert added that Harry feels he can be more effective in the UK over the next year as he prepares for the Invictus Games in Birmingham. Moreover, she believes Harry does want his children to get to know more about the Royal Family and the Spencers.
"I think it's going to be more challenging for Meghan in terms of what she does here in the UK. It always was quite hard for her. She didn't love it and I think it'll be tricky," Nikkhah further added in an interview with Times Radio, explaining why the stay could prove to be challenging for Markle (via The News International).
This news comes amid royal sources having told Naughty But Nice that King Charles does have plans to meet with Markle and Harry before Christmas. They said, "This is not a casual 'let's get together sometime.' ****** ody drops in on the King. If Harry and Meghan are in Charles's diary, it is because he wants them there. This is deliberate."
#charles #expert
Expert Roya Nikkhah shared what she thinks Prince Harry looks forward to now that he's back in the UK for an extended period of time. She said, "I think the jury is out on that. I mean, my sense and my feeling is I do really feel that Harry wants to spend as much time as he can with his father. His father is still receiving cancer treatment."
Nikkhah said she's aware that Prince Harry hasn't yet met his father since he returned. The expert added that Harry feels he can be more effective in the UK over the next year as he prepares for the Invictus Games in Birmingham. Moreover, she believes Harry does want his children to get to know more about the Royal Family and the Spencers.
"I think it's going to be more challenging for Meghan in terms of what she does here in the UK. It always was quite hard for her. She didn't love it and I think it'll be tricky," Nikkhah further added in an interview with Times Radio, explaining why the stay could prove to be challenging for Markle (via The News International).
This news comes amid royal sources having told Naughty But Nice that King Charles does have plans to meet with Markle and Harry before Christmas. They said, "This is not a casual 'let's get together sometime.' ****** ody drops in on the King. If Harry and Meghan are in Charles's diary, it is because he wants them there. This is deliberate."
#charles #expert
1 month ago
Ex-Prince Andrew is said to be in surprisingly high spirits, despite the turmoil surrounding him. A friend claims he is certain he will one day be exonerated and has taken on the police in a legal fight over the warrants used in his arrest. As a private court hearing approaches on Thursday, this legal fight is drawing fresh attention.
According to The Sun, Andrew Mountbatten-Windsor has applied for a judicial review to quash the search warrants that were issued in February. The High Court in London will consider the application in a private hearing soon.
Meanwhile, a friend has described his state of mind to the newspaper. "He seems incredibly buoyant despite everything he has been through and is really upbeat," the friend said. They went on to say: "He is utterly convinced that one day he will be completely exonerated. He thinks this is the first step towards that." The friend also described Andrew as living in relative seclusion on the King's Norfolk estate despite being estranged from other members of the royal family
The warrants stem from Andrew's February 19 arrest, which took place on his 66th birthday. Thames Valley Police arrested him on suspicion of misconduct in public office following allegations involving his dealings with Jeffrey Epstein. Police later searched his cottage on the Sandringham estate and his former home, Royal Lodge in Windsor, and removed evidence.
Despite Andrew's optimism, legal experts, however, are less convinced about this latest challenge. Lawyers quoted by The Sun cast doubt on the case and believe a win may make little difference. Even if the warrants were found to be flawed, police might still keep the evidence. It is also not known whether he will attend Thursday's hearing.
#friend #hearing #Windsor #february
According to The Sun, Andrew Mountbatten-Windsor has applied for a judicial review to quash the search warrants that were issued in February. The High Court in London will consider the application in a private hearing soon.
Meanwhile, a friend has described his state of mind to the newspaper. "He seems incredibly buoyant despite everything he has been through and is really upbeat," the friend said. They went on to say: "He is utterly convinced that one day he will be completely exonerated. He thinks this is the first step towards that." The friend also described Andrew as living in relative seclusion on the King's Norfolk estate despite being estranged from other members of the royal family
The warrants stem from Andrew's February 19 arrest, which took place on his 66th birthday. Thames Valley Police arrested him on suspicion of misconduct in public office following allegations involving his dealings with Jeffrey Epstein. Police later searched his cottage on the Sandringham estate and his former home, Royal Lodge in Windsor, and removed evidence.
Despite Andrew's optimism, legal experts, however, are less convinced about this latest challenge. Lawyers quoted by The Sun cast doubt on the case and believe a win may make little difference. Even if the warrants were found to be flawed, police might still keep the evidence. It is also not known whether he will attend Thursday's hearing.
#friend #hearing #Windsor #february
1 month ago
Chiefs tight end Travis Kelce is all about bringing Tyreek Hill back into the mix. Getty
Taylor Swift and Dakota Johnson at the 2026 MTV Video Music Awards. Getty
The Kansas City Chiefs remain undefeated after taking down the Las Vegas Raiders 30-27 in Week 4. Chiefs tight end Travis Kelce, who entered the matchup averaging 77 yards per game, had a quiet outing, catching two passes for 15 yards.
However, the Chiefs may need Kelce to take on a major role each week from here on out after wide receivers Rashee Rice (hamstring) and Tyquan Thornton (dislocated ankle) went down with injuries in Las Vegas.
In the meantime, rumors swirl that the Chiefs may bring back Tyreek Hill, which Kelce thinks is a great idea.
#travis #back
Taylor Swift and Dakota Johnson at the 2026 MTV Video Music Awards. Getty
The Kansas City Chiefs remain undefeated after taking down the Las Vegas Raiders 30-27 in Week 4. Chiefs tight end Travis Kelce, who entered the matchup averaging 77 yards per game, had a quiet outing, catching two passes for 15 yards.
However, the Chiefs may need Kelce to take on a major role each week from here on out after wide receivers Rashee Rice (hamstring) and Tyquan Thornton (dislocated ankle) went down with injuries in Las Vegas.
In the meantime, rumors swirl that the Chiefs may bring back Tyreek Hill, which Kelce thinks is a great idea.
#travis #back
1 month ago
After a series of high-profile relationships that imploded, Jim Carrey is doing things differently with new wife Min Ah, a source tells In Touch.
"He's kept the relationship almost totally out of the spotlight and that's something he intends to continue doing because he regrets being so public in the past," shares the source. "He thinks all the noise did a lot of damage to his past relationships."
Following his first marriage to former Comedy Store ***** tail waitress Melissa Womer — with whom he shares daughter Jane Carrey, 39 — the actor was wed to his Dumb and Dumber costar Lauren Holly. Their union lasted just nine months before she filed for divorce. Carrey later dated his Me, Myself & Irene leading lady, Renée Zellweger, as well as Singled Out alum Jenny McCarthy.
"Privacy is very important to Jim now," the source says. "And Min is on the same page."
Initially spotted together in 2022, the now-newlyweds finally acknowledged their romance during the César Awards in Paris this February, with the comedian, 64, referring to Ah, 32, as his "sublime companion," per People.
#shares #touch #store
"He's kept the relationship almost totally out of the spotlight and that's something he intends to continue doing because he regrets being so public in the past," shares the source. "He thinks all the noise did a lot of damage to his past relationships."
Following his first marriage to former Comedy Store ***** tail waitress Melissa Womer — with whom he shares daughter Jane Carrey, 39 — the actor was wed to his Dumb and Dumber costar Lauren Holly. Their union lasted just nine months before she filed for divorce. Carrey later dated his Me, Myself & Irene leading lady, Renée Zellweger, as well as Singled Out alum Jenny McCarthy.
"Privacy is very important to Jim now," the source says. "And Min is on the same page."
Initially spotted together in 2022, the now-newlyweds finally acknowledged their romance during the César Awards in Paris this February, with the comedian, 64, referring to Ah, 32, as his "sublime companion," per People.
#shares #touch #store
1 month ago
Open the schools!
Black Americans have heard it all before. We've been called "lazy," "not as qualified," "uneducated," "uncultured," and all manner of other reasons the world can come up with for why our disenfranchisement is somehow of our own design and perpetuation. But there's a long history behind why.
During an appearance on Cam Newton's "Funky Friday" podcast, actor Da'Vinchi certainly kept it funky when he revealed why, from his experience, non-American actors are offered American parts and kicked off a diaspora war in the process.
Roughly 11 minutes into the conversation, Newton star asks the 30-year-old "All-American" star what he thinks about non-American actors getting American parts in television and film. The actor says there is a perception that Americans are lazy, later lumping Black Americans into the conversation when discussing why non-American Black actors may be cast in Black American roles.
"What I had to learn early is that this is the entertainment business, not the entertainment arts," the "Why Did I Get Married Again?" actor said. "When there's a business, there's certain things involved."
#americans #funky #lazy #conversation
Black Americans have heard it all before. We've been called "lazy," "not as qualified," "uneducated," "uncultured," and all manner of other reasons the world can come up with for why our disenfranchisement is somehow of our own design and perpetuation. But there's a long history behind why.
During an appearance on Cam Newton's "Funky Friday" podcast, actor Da'Vinchi certainly kept it funky when he revealed why, from his experience, non-American actors are offered American parts and kicked off a diaspora war in the process.
Roughly 11 minutes into the conversation, Newton star asks the 30-year-old "All-American" star what he thinks about non-American actors getting American parts in television and film. The actor says there is a perception that Americans are lazy, later lumping Black Americans into the conversation when discussing why non-American Black actors may be cast in Black American roles.
"What I had to learn early is that this is the entertainment business, not the entertainment arts," the "Why Did I Get Married Again?" actor said. "When there's a business, there's certain things involved."
#americans #funky #lazy #conversation
1 month ago
Michael Douglas hit back at a decades-old rumor that he went to rehab for an alleged *** addiction during a strained interview published Sunday by the U.K.'s Sunday Times.
Douglas, 82, was discussing his new memoir, "One **** uva Ride," with British journalist Decca Aitkenhead. She reminded him that he wrote about having to break things off with five women before becoming monogamous with actor Catherine Zeta-Jones, whom he married in 2000 shortly after the end of his first marriage, to Diandra Luker.
Crime: Harvey Weinstein Admits He 'Misled' Women — But Still Won't Accept ****** **** ault Allegations
"No, no, it's not what it was," the actor told Aitkenhead of how he became monogamous with his now-wife. "What Catherine said is, if we're going to continue this, then I want it to be monogamous. And so I therefore, that evening, you know, made some calls to some people I was seeing, and that was that."
In her article, Aitkenhead writes that Douglas then gives her an expression that "suggests that he thinks he's just corrected me."
#women
Douglas, 82, was discussing his new memoir, "One **** uva Ride," with British journalist Decca Aitkenhead. She reminded him that he wrote about having to break things off with five women before becoming monogamous with actor Catherine Zeta-Jones, whom he married in 2000 shortly after the end of his first marriage, to Diandra Luker.
Crime: Harvey Weinstein Admits He 'Misled' Women — But Still Won't Accept ****** **** ault Allegations
"No, no, it's not what it was," the actor told Aitkenhead of how he became monogamous with his now-wife. "What Catherine said is, if we're going to continue this, then I want it to be monogamous. And so I therefore, that evening, you know, made some calls to some people I was seeing, and that was that."
In her article, Aitkenhead writes that Douglas then gives her an expression that "suggests that he thinks he's just corrected me."
#women
1 month ago
Meghan Markle is reportedly planning to do another round of an explosive tell-all interview with the support of her husband, Prince Harry. For those unversed, Harry and Markle stepped down as working royals and relocated to the U.S. in 2020. The couple participated in various interviews, sharing their honest, critical thoughts on the royal family, including the Oprah Winfrey show and their self-titled documentary. This move comes after the massive uproar reportedly caused by Princess Diana's brother's memoir.
Sources close to Closer revealed that Meghan Markle wants to give a big interview, mirroring Princess Diana's 1995 Panorama interview. According to sources, the Suits star is aware that it might cause a backlash, as her Oprah interview did a couple of years ago. However, she is keen on setting the record straight, in her own words.
The source said, "Now, she thinks it's time for her to speak out again. She wants a Diana moment – in the same way that she shocked everyone with her Panorama interview." The insider explained that the Sussexes' PR team is worried that it may generate major controversy. However, Prince Harry is on board with this, as he remembers how the royal family seemingly mistreated his wife. He does not want the same for Markle and is encouraging her to speak her truth.
"He doesn't want her to feel silenced – he wants her to speak out," the source added. If Markle does go ahead with the tell-all interview, it would be another blow to the royal family's reputation after Charles Spencer's book.
For those unversed, Spencer has levied some controversial allegations against the royal family, particularly her former brother-in-law, King Charles. The Daily Mail published an excerpt detailing an explosive phone call between the king and Spencer.
#markle
Sources close to Closer revealed that Meghan Markle wants to give a big interview, mirroring Princess Diana's 1995 Panorama interview. According to sources, the Suits star is aware that it might cause a backlash, as her Oprah interview did a couple of years ago. However, she is keen on setting the record straight, in her own words.
The source said, "Now, she thinks it's time for her to speak out again. She wants a Diana moment – in the same way that she shocked everyone with her Panorama interview." The insider explained that the Sussexes' PR team is worried that it may generate major controversy. However, Prince Harry is on board with this, as he remembers how the royal family seemingly mistreated his wife. He does not want the same for Markle and is encouraging her to speak her truth.
"He doesn't want her to feel silenced – he wants her to speak out," the source added. If Markle does go ahead with the tell-all interview, it would be another blow to the royal family's reputation after Charles Spencer's book.
For those unversed, Spencer has levied some controversial allegations against the royal family, particularly her former brother-in-law, King Charles. The Daily Mail published an excerpt detailing an explosive phone call between the king and Spencer.
#markle
1 month ago
REDDING, Calif. — Clint Curtis thinks something doesn’t smell right in Shasta County. Literally.
As the registrar of voters for this Northern California community, Curtis was both election administrator and candidate this summer. After he lost, he certified the results as “full, true and correct.”
He nonetheless harbored doubts. Some ballots smelled too inky, he said. Some seemed too heavy. Some felt too rough.
He stashed the ballots in a storage room, slapped a padlock on the door, ordered subordinates to destroy the keys and reported his suspicions to President Donald Trump’s administration.
In another place or era, Curtis’s concerns would be dismissed as kooky. But in Shasta County in 2026, they have been taken seriously enough to spur FBI agents to show up with bolt cutters so they could take a look.
#county
As the registrar of voters for this Northern California community, Curtis was both election administrator and candidate this summer. After he lost, he certified the results as “full, true and correct.”
He nonetheless harbored doubts. Some ballots smelled too inky, he said. Some seemed too heavy. Some felt too rough.
He stashed the ballots in a storage room, slapped a padlock on the door, ordered subordinates to destroy the keys and reported his suspicions to President Donald Trump’s administration.
In another place or era, Curtis’s concerns would be dismissed as kooky. But in Shasta County in 2026, they have been taken seriously enough to spur FBI agents to show up with bolt cutters so they could take a look.
#county
1 month ago
Paloma Elsesser thinks that the glamorization of Ozempic and similar weight-loss drugs isn't a good thing for society as a whole.
The 34-year-old model, who became the first plus-size model to win Model of the Year at the Fashion Awards in 2023, made an appearance on Vogue's The Run-Through podcast and suggested the rise of Ozempic can be correlated to the rise of "conservative" and "anti-woke" rhetoric. "I think the Ozempic era that we're talking about is harmful because it kind of takes away the agency to live in the way that I would hope people and women and young girls and young people can think about their bodies in this world," she shared. Around the 32-minute point of the podcast, which can be seen above.
Elssesser also said that she's seen a rise in "pro-eating disorder content" on platforms such as TikTok, which is especially worrying considering so many young people have unfiltered access to such content.
"II think people are just being like, 'Okay, this is not it,'" she continued. "We're seeing celebrities and people… I think people are upset. … I think that women should have agency. I am critical of applying my body, your body, your choice to this conversation because it's like… 'Is it your choice?' It's not. It's a prescription, so it doesn't actually feel like a choice. … I don't know, maybe I said something problematic. … The number one central tenet, like, anything that I try and live and encourage is to just think critically, not be critical."
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#ozempic #choice
The 34-year-old model, who became the first plus-size model to win Model of the Year at the Fashion Awards in 2023, made an appearance on Vogue's The Run-Through podcast and suggested the rise of Ozempic can be correlated to the rise of "conservative" and "anti-woke" rhetoric. "I think the Ozempic era that we're talking about is harmful because it kind of takes away the agency to live in the way that I would hope people and women and young girls and young people can think about their bodies in this world," she shared. Around the 32-minute point of the podcast, which can be seen above.
Elssesser also said that she's seen a rise in "pro-eating disorder content" on platforms such as TikTok, which is especially worrying considering so many young people have unfiltered access to such content.
"II think people are just being like, 'Okay, this is not it,'" she continued. "We're seeing celebrities and people… I think people are upset. … I think that women should have agency. I am critical of applying my body, your body, your choice to this conversation because it's like… 'Is it your choice?' It's not. It's a prescription, so it doesn't actually feel like a choice. … I don't know, maybe I said something problematic. … The number one central tenet, like, anything that I try and live and encourage is to just think critically, not be critical."
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#ozempic #choice
1 month ago
Former Intel CEO Pat Gelsinger is backing a startup that thinks AI's next bottleneck is not the accelerator. It is everything waiting for data to arrive.
Delos Data announced on September 15 that it raised more than $100 million to develop networking chips and software for increasingly heterogeneous AI data centers. Playground Global, where Gelsinger is a general partner, joined the round. Reuters reported that Delos is designing the network to work across different types of compute hardware rather than **** uming every accelerator comes from NVIDIA Corporation (NASDAQ:NVDA).
That makes Advanced Micro Devices, Inc. (NASDAQ:AMD) an important read-through even though AMD is not an investor in Delos.
For illustration purposes only. Photo by Brett Sayles on Pexels
Nvidia does not dominate AI simply because its GPUs are fast. NVIDIA Corporation (NASDAQ:NVDA) sells a tightly integrated system of accelerators, networking, interconnects and software. That makes large clusters easier to deploy and gives customers fewer reasons to mix architectures.
#delos #data #Networking #software
Delos Data announced on September 15 that it raised more than $100 million to develop networking chips and software for increasingly heterogeneous AI data centers. Playground Global, where Gelsinger is a general partner, joined the round. Reuters reported that Delos is designing the network to work across different types of compute hardware rather than **** uming every accelerator comes from NVIDIA Corporation (NASDAQ:NVDA).
That makes Advanced Micro Devices, Inc. (NASDAQ:AMD) an important read-through even though AMD is not an investor in Delos.
For illustration purposes only. Photo by Brett Sayles on Pexels
Nvidia does not dominate AI simply because its GPUs are fast. NVIDIA Corporation (NASDAQ:NVDA) sells a tightly integrated system of accelerators, networking, interconnects and software. That makes large clusters easier to deploy and gives customers fewer reasons to mix architectures.
#delos #data #Networking #software
2 months ago
On September 18, Prudential Financial (NYSE:PRU) announced it will sell every share it holds in Alexforbes, a company listed on the Johannesburg Stock Exchange. Two buyers are splitting the stake. Alexforbes will repurchase roughly 372.8 million shares itself, and ARC AF Holdings will take about 74.1 million more. The package is worth about $185 million, a small number for a company managing $1.642 trillion. But the message matters more than the money. A plan Prudential laid out in August is now turning into signed agreements.
The logic is easy to follow. Prudential wants to operate in fewer places and put its money, people and attention where it thinks it can win for years. Andy Sullivan, the chief executive, says the aim is to lean harder on ***** et management, retirement and protection, and get those units working together more closely. David Legher, who leads emerging markets, called Alexforbes a successful investment, so this reads as a planned exit rather than a retreat from a problem.
The core business is giving management room to be choosy. On August 4, Prudential reported second-quarter net income of $985 million, up from $533 million a year earlier. That happened even though a charge from the yearly ***** umption update grew to $299 million from $134 million, so the underlying engine ran strong enough to absorb a bigger hit. The company also returned $743 million to shareholders in the quarter and held $4.2 billion in highly liquid ***** ets at the parent level. That does not look like a seller in a hurry.
Start with what has not happened yet. The deals are expected to close in the first half of 2027, and they still need Alexforbes shareholders to approve the buyback, along with regulatory sign-off. Until then, $185 million is an agreed price, not cash in the bank. Prudential also said New Veld's involvement continues before completion, so the company stays tied to the ***** et for now.
Then there is the size. Set against those trillions in ***** ets, this sale will not move results either way. Its value is strategic, and strategy takes years to judge. Prudential is giving up a foothold in a partnership it called important, and its remaining businesses have their own snags. Sales in Prudential of ***** an are suspended, and management said that weighed on international results even as earnings held up.
#august #money
The logic is easy to follow. Prudential wants to operate in fewer places and put its money, people and attention where it thinks it can win for years. Andy Sullivan, the chief executive, says the aim is to lean harder on ***** et management, retirement and protection, and get those units working together more closely. David Legher, who leads emerging markets, called Alexforbes a successful investment, so this reads as a planned exit rather than a retreat from a problem.
The core business is giving management room to be choosy. On August 4, Prudential reported second-quarter net income of $985 million, up from $533 million a year earlier. That happened even though a charge from the yearly ***** umption update grew to $299 million from $134 million, so the underlying engine ran strong enough to absorb a bigger hit. The company also returned $743 million to shareholders in the quarter and held $4.2 billion in highly liquid ***** ets at the parent level. That does not look like a seller in a hurry.
Start with what has not happened yet. The deals are expected to close in the first half of 2027, and they still need Alexforbes shareholders to approve the buyback, along with regulatory sign-off. Until then, $185 million is an agreed price, not cash in the bank. Prudential also said New Veld's involvement continues before completion, so the company stays tied to the ***** et for now.
Then there is the size. Set against those trillions in ***** ets, this sale will not move results either way. Its value is strategic, and strategy takes years to judge. Prudential is giving up a foothold in a partnership it called important, and its remaining businesses have their own snags. Sales in Prudential of ***** an are suspended, and management said that weighed on international results even as earnings held up.
#august #money
2 months ago
Nearly 10 years ago, Warren Buffett told Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) investors that he had made a mistake for not buying Google when he had the opportunity many years earlier. He had become quite familiar with the business because GEICO, Berkshire's consumer insurance company, was paying $10 or $11 per click for advertising on the search engine owned by Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). At the 2017 shareholder meeting, Buffett said he'd missed the opportunity, but he wouldn't bet against Google.
The stock climbed significantly while Buffett sat on the sidelines. He finally pulled the trigger on the stock in the third quarter of last year. Since then, he and newly appointed CEO Greg Abel have plowed tens of billions into the stock, making it one of Berkshire's biggest investments. But Buffett arguably missed out on a 9,000% gain by not buying into the stock sooner.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It's hard to blame Buffett for not buying Alphabet, then known as Google, when it made its initial public offering (IPO) in 2004. Buffett historically avoids both IPO stocks and tech stocks.
Buffett thinks IPOs are typically overvalued, at least relative to many other stocks, because underwriters are incentivized to secure the highest possible price for the company issuing shares. An IPO like Google's also comes with a lot of hype and media attention that can drive prices higher without any fundamental basis.
#buffett #NVIDIA #years #company
The stock climbed significantly while Buffett sat on the sidelines. He finally pulled the trigger on the stock in the third quarter of last year. Since then, he and newly appointed CEO Greg Abel have plowed tens of billions into the stock, making it one of Berkshire's biggest investments. But Buffett arguably missed out on a 9,000% gain by not buying into the stock sooner.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
It's hard to blame Buffett for not buying Alphabet, then known as Google, when it made its initial public offering (IPO) in 2004. Buffett historically avoids both IPO stocks and tech stocks.
Buffett thinks IPOs are typically overvalued, at least relative to many other stocks, because underwriters are incentivized to secure the highest possible price for the company issuing shares. An IPO like Google's also comes with a lot of hype and media attention that can drive prices higher without any fundamental basis.
#buffett #NVIDIA #years #company
