Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesMicrosoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over half of the expected AI infrastructure spending will take place in…
Author: usaeverydaylife
Sport is often defined by mistakes — fumbled catches, missed penalties, duffed putts — but what about its moments of perfection?Every game has its own version of nirvana in which, put simply, a performance could not be improved. Some may define a match or earn a medal, others may simply be brilliant individual achievements, regardless of whether they were in a winning cause.But what constitutes the best? We asked a group of our writers to nominate their favourites — but feel free to suggest your own in the comments.Football: A perfect hat-trickIn Germany, for a hat-trick — scoring three goals…
He demanded the release of a convicted criminal and far-right agitator. He falsely accused the prime minister, Keir Starmer, of failing to go after child rapists when he was head of public prosecutions. He endorsed a post calling on King Charles III to dissolve Parliament and call elections to remove Britain’s seven-month-old Labour government, a constitutional impossibility.Elon Musk has once again set his sights on Britain, putting the country in the bull’s-eye in the capricious world of his online obsessions. In a fusillade of posts that began before the new year, Mr. Musk moved on from his enthusiastic boosting of…
Evercore ISI is offering up an alternative way for investors to take a look at Tesla shares after the electric vehicle giant reported its first-ever drop in annual delivery numbers . “A bet on TSLA is an increasing bet on [full self-driving]/ Optimus w/ $600Bn-$1Trn now implied for ‘call options,'” wrote analyst Chris McNally, as he increased the firm’s price target to $275 from $195 share. The new target still implies 27% downside from Thursday’s close. The firm views the stock as a call option on these future technologies, regarding Tesla as a “tale of two stocks” when dividing up…
NASHVILLE — The lighting inside The Corner Pub is dim enough that it feels like nighttime even when it’s light outside. There is cheap beer, a wide selection of whiskey and a frozen-drink machine churning “Bushwackers,” described as an adult version of a Wendy’s frosty, full of booze. Sports memorabilia covers the walls — jerseys and photos of famous athletes who have come through over the years, like the late Steve McNair, the city’s first NFL star who used to call the bar’s owner after games to make sure it would stay open for him. A red No. 94 Ohio…
D3sign | Moment | Getty ImagesStocks soared in 2024.Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack.The S&P 500, a stock index of the largest public U.S. companies by market capitalization, gained 23% in 2024. Cumulative S&P 500 returns over the past two years (53%) were the best since 1997 and 1998.Long-term investors generally have a target allocation of stocks to bonds — say, 60% stocks and 40% bonds. But lofty returns for stocks relative to muted ones for bonds may mean…
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following President Joe Biden’s decision to block Japan’s Nippon Steel from acquiring U.S. Steel . Biden said the proposed $14.9 billion takeover would create a risk for the nation’s supply chains. Block – The fintech stock added 5.1% following an upgrade to outperform from market perform…
Investors never have a shortage of things to worry about, but in 2024 it really boiled down to just two: Treasury yields and tech stocks. Markets rode the wave of both factors, mostly up but occasionally down, through the year, and likely face the same fate in 2025 as both serve as vital catalysts for the fate of risk assets, according to a DataTrek Research analysis. “We continue to believe that U.S./global stocks are in a classic mid-cycle market (i.e., no recession at hand), and the relevant lessons from 2024 are that 10-year Treasury yields and Big Tech stocks will…
Celine Haidar dances on the upper deck of a crimson open-top bus. Around the 19-year-old midfielder, team-mates sing. A flag bearing the Beirut Football Academy (BFA) crest sways to an undirected melody of car horns, drums and mini trumpets.It is August 10, 2024. Celine’s BFA team are celebrating their first Lebanese Women’s Football League title, achieved in a flawless, unbeaten season which reached its climax earlier that day.But there are other noises too — the hum of Israeli fighter jets crawling above and the echo of bombs — while around the bus piles of concrete and twisted metal poke upwards…
Hundreds of people were forced to flee a fire that broke out in an eight-story commercial building south of Seoul Friday afternoon, with video footage showing several people trapped on the roof waiting to be rescued.Fire officials received reports of the fire around 4:40 p.m. in Seongnam, Gyeonggi Province, and were at the scene within an hour, fire officials said. About 300 people were said to be in the building at the time of the blaze.Responders said they had rescued 240 and another 70 people had evacuated from the building on their own. There were no deaths reported, but almost…
