Tesla Q3 Earnings: AI Costs, Tariffs Impact Results
Tesla's Q3 earnings reached $28.1B but missed expectations due to rising AI costs and tariffs. Regulatory credit declines and tax credit expiry also affected results.
Anthropic’s AI Regulation Capture: Fear-Mongering Accusations
Anthropic faces criticism for allegedly using fear-mongering to influence AI regulations for its benefit, sparking debate among tech figures and raising concerns about political bias and its impact on AI development.
Precious Metals IRA: Gold & Silver Investment Strategies
Explore gold and silver IRA options from American Hartford Gold, Patriot Gold Group, and Goldco. Diversify and protect your wealth against inflation with precious metals. Recent gold surge highlights market trends.
Zaslav Rejects Ellison’s WBD Bid: A $70 Billion Standoff
David Zaslav rejects David Ellison's WBD bid multiple times, seeking $70B+ valuation. Ellison considers aggressive tactics. Potential buyers like Netflix, Amazon and Apple are circling for WBD's streaming and studio assets.
Tesla’s $1T Musk Pay Package Faces Scrutiny
Tesla's proposed $1T pay package for Elon Musk faces scrutiny. ISS advises shareholders to reject the plan due to its size, partial achievement payouts, and potential investor dilution. Performance targets included.
Micron Exits China Server Chip Market Amidst AI Growth
Micron plans to exit China's server chip market after a 2023 ban, offset by AI-driven data center demand globally. US-China tech tensions impact chip sales. Focus shifts to auto and mobile sectors.
Paramount Skydance: MTV Cuts & Future Streaming Plans
Paramount Skydance seeks $500M in cuts. MTV UK shuts down 5 channels. US operations face potential downsizing and shift to streaming due to cord-cutting challenges and future growth strategies.
NYC Crime: Politics, Stats & Justice Under Scrutiny
NYC crime data is under scrutiny amidst claims of skewed stats and lenient prosecution. Political agendas may influence crime reporting, impacting justice and public safety. Defunding authority issues are mentioned.
Spotify Removes Nick Fuentes’ Podcast, But Allows Guest Appearances
Spotify removed Nick Fuentes' "America First" podcast for hate speech, but Fuentes isn't banned entirely. He can still appear as a guest on other podcasts. Social media platforms have deplatformed Fuentes since 2020.
US Government Shutdown: Economic Impact & Political Standoff
Treasury Secretary blames Schumer for US government shutdown, citing economic damage. Analysts warn of uncharted territory if the standoff continues. Democrats urged to cooperate for a deal.
Smucker Sues Trader Joe’s Over ‘Uncrustables’ Copycat Sandwiches
Smucker is suing Trader Joe's, alleging their sandwiches are too similar to 'Uncrustables', infringing on trademarks. Smucker invested $1B developing the brand and patents.
AI vs. Piracy: Ovitz’s SoundPatrol Tackles IP Theft
Michael Ovitz launches SoundPatrol, using AI to combat copyright infringement and piracy. SoundPatrol aims to identify AI-generated and altered content, protecting IP across audio, video, and more.
Stellantis Invests $13B in US Manufacturing, Adding 5,000 Jobs
Stellantis to invest $13B in US manufacturing, creating 5,000+ jobs. Expands production 50% with new Jeep models & engines. Aims to boost growth under new CEO, Filosa, fulfilling reshoring requests.
Prince Group: $15B Bitcoin Seized in Fraud Scheme
DOJ seizes $15B in Bitcoin from a global fraud operation orchestrated by Prince Group. The operation involved forced-labor camps and laundered money through various means.
Ellison’s WBD Bid: A Media Empire Expansion?
Ellison eyes WBD, potentially expanding his media empire post-split. Zaslav seeks a healthy premium amidst other suitors like Comcast, Netflix, Amazon, and Apple. The deal's financial implications are significant.
SECURE 2.0 Act: Roth 401(k) Catch-Up Payments
The SECURE 2.0 Act mandates high-income earners ($145,000+) to make 401(k) catch-up payments to Roth accounts starting in 2026, impacting tax benefits. Companies increasingly offer Roth 401(k) options.
WBD Acquisition Bids: Ellison, Comcast, and the Streaming Wars
WBD (Warner Bros. Discovery) faces potential acquisition bids from Ellison's Skydance and Comcast. Streaming services like HBO Max and Peacock are key assets. The deal could exceed $60 billion.