Oil over $100 has JPMorgan strategists warning stock-market investors against missing out on a sudden turnaround
Brent crude and West Texas Intermediate’s frontmonth contracts rose on Monday after Saudi Arabia closed its EastWest pipeline, citing damage cause by drone…
AI has been carrying the stock market. An industry pause could pull the rug out, warns this Wall Street giant.
Citigroup warns that if artificialintelligence model developments slow, earnings revisions could follow, and those have been a crucial factor in stock gains…
‘He does not have a spouse or children’: My son has a serious genetic disease. What should I do with my $1.3 million estate?
“He is also the sole beneficiary of my 403(b) accounts.” Source:MarketWatch
How investors are reacting to the AI pause calls from Anthropic and other frontier labs
The investor response to the calls by Anthropic CEO Dario Amodei to slow down frontier artificialintelligence development was greeted negatively, albeit not…
The very big caveat to the report that Anthropic is profitable for a second straight quarter
A published report that frontier artificialintelligence lab Anthropic was profitable for a second quarter in a row contains a very important caveat.…
Massive sinkhole still threatens Nicolas Cage’s $10.5 million Malibu mansion
Actor Nicolas Cage’s lavish Malibu mansion is facing a dramatic threat after a massive hole opened up where part of the property’s driveway once stood.…
Fed rate hikes won’t bring down gas prices. Why the bond market is pushing for them anyway.
The 10year Treasury yield is sitting on the doorstep of 5%, and that’s a warning sign for stocks. Source:MarketWatch
Corporate profit forecasts are topping expectations to an unusual degree. AI is a big reason why.
The informationtechnology sector stands out when it comes to issuing upbeat earnings outlooks. Source:MarketWatch
The price of almost everything on your dinner table is climbing at once — and Wall Street is taking notice
Rising crop prices are making the current inflation problem bigger than just oil and the Iran war. Source:MarketWatch
Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘illadvised’ time for the ChatGPT creator to go public Source:MarketWatch
Elon Musk backs Anthropic’s call to slow down AI progress before rogue bots take over the entire internet
Leaders of major AI companies say they agree with Anthropic CEO Dario Amodei, who just called for the tech industry to move more slowly with model development.…
‘I still don’t have my MRI’: My health insurer canceled my plan without warning. Is that legal?
“It wasn’t an ACA plan, but it was meaningfully cheaper than anything I could find on the ACA exchange.” Source:MarketWatch