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News
Autocratic regimes using AI system for propaganda and surveillance, Anthropic says
35+ min ago (764+ words) Anthropic says authoritarian regimes used Claude AI for disinformation and surveillance. The company says it shut down the operations.Dado Ruvic/Reuters Authoritarian regimes around the world are deploying Anthropic’s Claude AI system to expand the disinformation and surveillance campaigns…...
AI financier Intrepid Growth co-led by ex-CPPIB CEO Mark Machin raises US$525-million for first fund
33+ min ago (672+ words) Intrepid Growth Partners, an AI-focused financier co-founded by ex-Canada Pension Plan Investment Board chief executive officer Mark Machin, has raised US$525-million for its first fund. Intrepid Growth Partners, an AI-focused VC fund co-founded by (from left) Ajay Agrawal, Mike…...
Should You Buy Bristol Myers Squibb Stock Right Now for the Yield Alone?
2+ hour, 18+ min ago (406+ words) Patent cliff concerns continue to weigh down Bristol Myers Squibb's stock. The pharmaceutical company's management is taking active steps to counter some longstanding headwinds. This is a great stock for income-focused investors, but it's also appealing to growth-minded investors. With…...
McDonald's Yields 3%, the Highest in Over 6 Years. Is the Dow Dividend Stock a Value Trap or Too Cheap to Ignore?
4+ hour, 22+ min ago (501+ words) Shares of fast-food chain McDonald’s have taken a sizeable tumble in response to disappointing sales. It remains to be seen how well or how quickly the reasons for this weak revenue will be shored up. There’s nothing about the current…...
Billionaire Bill Ackman Trimmed This Big Tech Position to Back These 2 AI Contenders
5+ hour, 27+ min ago (544+ words) Amazon remains a top cloud computing and e-commerce stock to own. Microsoft is seeing strong cloud and enterprise software growth. Meta's platform is a great AI flywheel, while its new AI agent could be a game changer. Billionaire hedge fund…...
If You'd Invested $5,000 in VGT 10 Years Ago, Here's Exactly How Much You'd Have Today
6+ hour, 15+ min ago (394+ words) The Vanguard Information Technology ETF (VGT) has averaged over 23% annual returns over the past decade. Much of VGT's growth has come at the hands of the current AI boom. Over the past decade, information technology (tech) has easily been the…...
Salesforce Spent a Record $27.1 Billion on Buybacks in One Quarter. Here Is Why That Signal Matters.
10+ hour, 52+ min ago (360+ words) Salesforce has been aggressively buying back its stock, spending $27.1 billion on repurchases in Q1 alone. The company continued to repurchase and retire shares in Q2. Huge gains for the stock following the company's Q2 report show this was a smart move. Salesforce(NYSE:…...
UPS Cut Amazon Volumes on Purpose. The Margin Data Says It Worked.
7+ hour, 13+ min ago (367+ words) Early last year, UPS began scaling back the amount of work it was doing for Amazon. Although the partnership generated plenty of revenue, it was also crimping profits. While there’s room for improvement, the tough decision looks like it was…...
Wall Street Analyst Sees Between 19% to 37% Upside in These 5 AI Chip Stocks
12+ hour, 6+ min ago (588+ words) Nvidia and Broadcom are both poised to see strong revenue growth driven by insatiable demand for AI compute power. AMD and Arm Holdings both have big opportunities with CPUs and agentic AI. Marvell is well-positioned in custom chips and optical…...
The Smartest Stocks to Buy With $2,000 According to Buffett's Core Principles
8+ hour, 51+ min ago (438+ words) Casey’s recent sell-off makes the stock more interesting to me because the underlying problem looks temporary. Church & Dwight’s ability to buy small brands and scale them gives it a simple, repeatable growth engine. To me, Casey’s is the more interesting…...