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Recent News

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Spectacular timelapse of an aurora and Moon-rise over Earth from the International Space Station (view fullscreen). pic.twitter.com/q1BBUDrOPf
— Wonder of Science (@wonderofscience) November 12, 2024

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Artificial Intelligence

SoftBank’s All In on OpenAI and So Far It’s Paying Off

Boosted by OpenAI returns, SoftBank swung to a $1.6 billion profit last quarter after losing $2.4 billion in the same quarter last year.

2 min read
Photo by Getty Images via Unsplash

Energy

Utilities Soar On Surging Power Demand From Data Centers

The good times may not last as the dynamic between AI firms and utility companies draws bipartisan scrutiny.

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Photo by David Tip via Unsplash

Advisor Upside

AI Anxiety Is Tanking Stocks. Here’s the HALO

The Heavy Assets, Low Obsolescence trend is hanging over Wall Street.

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Photo via IMAGO/Swaantje Hehmann/Newscom

Media & Entertainment

Mattel Struggles As Hasbro Wins With Adults

Shares of Barbie-maker Mattel plunged 25% on Wednesday following a massively disappointing after-the-bell earnings call the day before.

2 min read

Photo by Vitaly Gariev via Unsplash

Advisor Upside

What MrBeast’s Deal for Step Shows About Supporting Clients’ Kids

Kids are hungry for investing advice, and financial literacy gaps create an opportunity for advisors to extend their value.

2 min read
Photo by gorodenkoff via iStock

Indicators

Labor Market Flexes Muscle and Exhibits Flab in Latest BLS Data

Job gains are heavily concentrated in healthcare and social assistance, which added 125,000 jobs last month for the lion’s share of new gigs.

2 min read

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