Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs.Zuckerberg has been on a multibillion-dollar artificial intelligence hiring blitz in recent weeks, highlighted by a $14 billion investment in Scale AI. In June, Zuckerberg announced a new organization called Meta Superintelligence Labs that’s made up of top AI researchers and engineers. Zhao’s name was listed among other new hires in…
Author: usaeverydaylife
A detail shot of the Lombardi Trophy next to Kansas City Chiefs and Philadelphia Eagles helmets prior to a news conference on February 03, 2025 in New Orleans, Louisiana ahead of the NFL Super Bowl LIX football game between the Philadelphia Eagles and the Kansas City Chiefs.Kevin Sabitus | Getty Images Sport | Getty ImagesThe NFL is cracking down on the resale of Super Bowl tickets by players, coaches and club employees.The league plans to fine more than 100 players and roughly two dozen club employees who were found to be in violation of the NFL’s Ticket Resale policy in…
An aerial view of a migrant detention center, dubbed “Alligator Alcatraz,” is seen located at the site of the Dade-Collier Training and Transition Airport in Ochopee, Florida on July 7, 2025. Chandan Khanna | AFP | Getty ImagesThe Federal Emergency Management Agency is preparing to send $608 million to states to construct immigrant detention centers as part of the Trump administration’s push to expand capacity to hold migrants.FEMA is starting a “detention support grant program” to cover the cost of states building temporary facilities, according to an agency announcement. States have until August 8 to apply for the funds, according…
Tesla has opened the doors to its first diner Supercharger station in Los Angeles.CEO Elon Musk first teased the concept of building a drive-in themed charging station in 2018. On Monday, that vision was finally realized. Tesla describes the two-story restaurant, constructed of a steel exterior inspired by the Cybertruck, as retro-futuristic. It features 80 charging stalls and two 66-foot megascreens playing a rotation of short films, feature-length movies and Tesla videos.The diner operates 24/7 serving classic American comfort food, such as burgers, grilled cheese sandwiches and milkshakes, to both electric vehicle owners charging their cars and the general public.…
The coming week poses a critical test for the stock market’s record-setting run with a number of make-or-break events — the Federal Reserve ‘s rate decision, July jobs report and President Donald Trump’s tariffs deadline. Popular wagers on prediction platforms Kalshi and Polymarket offer an alternative view into how the mainstream thinks things will unfold next week. These markets became established in the run-up to the 2024 presidential election and have been widely used by investors and even Wall Street strategists to gauge the consensus crowd view of a certain event. The S & P 500 has rebounded more than…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Utilities, as all will know, generally lag the market over time. See first chart below. On a total return basis, however (with dividends reinvested) utilities – with their higher yields – have matched the performance of the market the past 25 years. See second chart below. And here and now, utilities as a group are just now breaking out to new 52-week highs and all-time highs. We think it is right to be overweight utilities at this juncture. Since the Dotcom Bubble peak in March of 2000 to present, the…
Nurphoto | Nurphoto | Getty ImagesElon Musk is now a driving force in prediction markets.Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi’s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival.Kalshi, the company that turned heads with a made-with-AI commercial during the NBA Finals this year, said Grok will be hosted on its platform and “provide helpful context on developments and fluctuations in market prices.”In May, Grok made headlines when it provided unsolicited context to users on X about “white genocide” in South Africa. Earlier this month,…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies.The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company’s market cap to $375 billion, which puts it ahead of Home Depot and Procter & Gamble.…
Looking at history, several stocks scheduled to soon report earnings could beat estimates and outperform the market the day after. Second-quarter earnings have impressed analysts so far, with the majority of S & P 500 companies having posted positive earnings per share and revenue surprises. Several leading stocks are on deck to post results next week, including Microsoft , Mastercard , Lam Research , Spotify and UnitedHealth Group . Strong earnings have helped power the broad market to new all-time highs this month, with the S & P 500 on Thursday scoring its 12th all-time-high close of the year. To…
Investor Dan Niles highlighted two of the “Magnificent Seven” tech cohort as his favorite stock picks for the rest of the second-quarter earnings season. This first of these two names was Microsoft , which reports its fiscal fourth-quarter earnings after next Wednesday’s closing bell. Shares have surged about 22% this year. Part of the reason the stock looks attractive, the founder of Niles Investment Management said, is because “they had such a rough time last year.” Azure, Microsoft’s cloud computing platform, was “a disappointment” for the company three quarters in a row, he said. Microsoft finished 2024 with a 12%…
