Tesla CEO Elon Musk has reacted sharply to Sam Altman’s remarks about office productivity tools like Slack, saying that the ChatGPT-maker OpenAI will “compete directly with Microsoft”. Sam Altman, founder and CEO of OpenAI recently said that while there are many positives about Slack, it also creates a “lot of fake work”. In a now…
Conservative commentator Scott Jennings recently joked on X that “President Trump should hire Nancy Pelosi in retirement to manage Americans’ stock market portfolios. She beat the S&P 500 by 559%. We could all be retired in 6 months!” (1) The sarcasm aside, the numbers Pelosi leaves behind heading into retirement tell a startling truth. Over…
Editor’s Note: The following is a slightly abridged version of Noahpinion’s “At least five interesting things: Smart Ideas edition (#71)”, published on November 8. 1. Are we wrong on antitrust? In the 2000s and 2010s, America generally saw slow growth, low levels of business investment, and low business dynamism. We also saw increasing levels of…
Big Tech earnings have come and gone. Well, save for Nvidia (NVDA), which reports on Nov. 19. That aside, one key trend emerging from this quarter’s reports is that Wall Street largely likes what it’s seeing when it comes to AI, despite increased spending among hyperscalers. Microsoft (MSFT), Google (GOOG, GOOGL), and Amazon (AMZN) each…
WASHINGTON, DC – U.S. President Donald Trump speaks at a House Republicans Conference. Getty Images Bill Gates is worth $115 billion, made by founding and building Microsoft, one of the most successful companies in the world (net worth almost $4 trillion). He has been for many years a strong advocate for climate change. But Gates…
The US-UK technology deal announced in September 2025 promises to accelerate Britain’s AI sector, but critics warn it will happen at the expense of national tech sovereignty. It reflects the steady trend of US government and private interests extending a technologically driven form of hegemony, employing communications, data and AI systems to deepen dependence on…
(Reuters) –Microsoft (MSFT) has struck a $9.7 billion deal with data-center operator IREN that includes access to Nvidia‘s (NVDA) advanced chips, aiming to ease the computing crunch that has kept the tech giant from fully cashing in on the artificial intelligence boom. The news sent shares of IREN (IREN) up more than 20% in trading…
AI is still the stock market’s favorite trade, but it might be wise to hedge against any potential reversal in the event the music stops. With Nvidia touching a $5 trillion market cap and Apple and Microsoft both crossing $4 trillion this week, some investors may be feeling a bit jittery about how much further…
Sure, maybe AI enthusiasm is creating a stock market bubble. But if the Federal Reserve is set to continue slashing rates, one might be tempted to ask: so what? In other words, even with valuations elevated, the old maxim of “don’t fight the Fed” may prove to be prudent advice in the near term. When…
Amazon (AMZN) reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud business grew faster than expected. The results come just a day after rivals Microsoft (MSFT) and Google (GOOG, GOOGL) announced their own results, with both companies saying they’ll spend more on AI data…