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Billionaire Dan Loeb Is Selling Old Economy Stocks and Buying This AI Play
Insider Monkey52d agoneutral
Billionaire Dan Loeb Is Selling Old Economy Stocks and Buying This AI Play

We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Meta Platforms (NASDAQ:META) ranks #2 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 90,000 Shares Valued at Approximately $51.49 Million (NEW position) Billionaire Dan Loeb opened a new position in Meta […]

Bloomberg52d agoneutral
Apple Investors Are Tired of AI Promises, Want Tangible Progress

(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther

Bloomberg52d agobearish
SpaceX Heads Toward Fourth Day of Gains Since Record IPO

(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares

Meta (META) Reaches 500 Million Threads Users As New Community Features Roll Out
Simply Wall St.52d agoneutral
Meta (META) Reaches 500 Million Threads Users As New Community Features Roll Out

Meta Platforms (NasdaqGS:META) reports that Threads has reached 500 million monthly active users. The company is introducing new features, including a Communities Hub, custom app icons, and expanded feed controls called "Your Algo". The updates are aimed at strengthening Threads as a public conversation app within Meta’s broader ecosystem. For investors following Meta Platforms, Threads is emerging as a meaningful extension of the company’s social media portfolio beyond Facebook, Instagram,...

Bloomberg52d agoneutral
General Atlantic in Talks to Lead Funding for China’s Kling AI

(Bloomberg) -- Kuaishou Technology is in discussions with General Atlantic to lead a first round of financing for its video AI arm, seeking to secure a major US backer ahead of an initial public offering.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealRead the 14-Point Draft Memorandum Between the US and IranStudios in Microsoft’s Xbox Division Brace for ClosuresUS Set to Offer Iran Broad Financial Gains in

Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic
24/7 Wall St.53d agoneutral
Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic

The optics told the story before the lawyers did. At the recent America 250 UFC card on the White House lawn, Mark Zuckerberg sat ringside while Anthropic CEO Dario Amodei was nowhere to be found. According to TBPN hosts John Coogan and Jordi Hays, that single frame captured a widening political and cultural gap that ... Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic

EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology
Reuters53d agoneutral
EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology

EssilorLuxottica, ‌the ‌world's largest eyewear ​maker, has signed a ‌long-term ⁠deal with U.S. ⁠chipmaking equipment ​company ​Applied ​Materials to ‌develop augmented reality display technology ‌and ​AI ​glasses, ​the ‌companies said on ​Tuesday. (Reporting ​by Gianluca ​Lo ‌Nostro; Editing ​by Emelia ​Sithole-Matarise)