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Bezos says the only thing holding back data centers in space is cost, not science
Jeff Bezos is a believer in the idea that data centers can be operational in space — and suggested that microchips could be built there too. Article Attribution | Read More at Article Source
What have the U.S. and Iran agreed to? This is what markets are focused on.
The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown of what the key points are for markets. Article Attribution | Read More at Article Source
Chicken tenders are taking over the world, and KFC is rushing to keep up
Goodbye bone-in wings, hello tenders and chicken sandwiches that can be easily eaten in the car. Article Attribution | Read More at Article Source
Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.
Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz. Article Attribution | Read More at Article Source
America’s fertility rate has never been lower. Blame smartphones — and these 4 financial realities.
Having as many children as families want requires “gender equality, economic stability, decent health and confidence in the future.” Article Attribution | Read More at Article Source
Americans’ 401(k) balances hit record levels last year. See how you compare.
It was a very good year for most workplace retirement savers, according to Vanguard’s latest “How America Saves” report Article Attribution | Read More at Article Source
The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor
One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker Article Attribution | Read More at Article Source
Chip index’s climb is giving fund managers a fear of heights, Bank of America finds
Despite some warning signals from inflation and the direction of travel for Kevin Warsh, fund managers seem reluctant to reduce exposure but Michsael Hartnett expects some chips to be taken off the table over the quieter summer months ahead. Article Attribution | Read...
SpaceX set to overtake Amazon as the fifth-largest company in the world. Now it’s closing in on Microsoft.
The Elon Musk-led company announced that it plans to follow through on an option that allows it to purchase AI startup Cursor. Article Attribution | Read More at Article Source
Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?
Booming AI demand has sent Micron and Sandisk shares far into overbought territory, but historic hardware backlogs are sustaining a rally. Article Attribution | Read More at Article Source
A veteran investor is kicking Tesla out of the ‘Magnificent Seven’ — replacing it with this tech giant
T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities. Article Attribution | Read More at Article Source
Robinhood is cutting 10% of its jobs to keep a ‘high performance culture’
Robinhood’s stock, already riding a four-session winning streak, looked to continue its climb. Article Attribution | Read More at Article Source