Artificial intelligence has revolutionized industries and probably padded your portfolio (or at least gave you something to brag about at parties). But all that innovation comes with a huge price tag… AI’s voracious hunger for electricity is wreaking havoc on global power grids. Turns out, your chatbot needs more than a server… it’s practically demanding its own power plant. But wait, there’s hope: Bill Gates and Jeff Bezos, armed with their billions (and maybe a...
Well friends, it looks like Samsung just went full Tony Stark on us. The South Korean tech giant, already busy running the world’s TV and smartphone game, has decided it’s time to dominate the humanoid robot space too. On Tuesday, Samsung Electronics announced it’s dropping KRW 267 billion (about $181 million) to boost its stake in Rainbow Robotics from 14.7% to a controlling 35%. Translation: Rainbow Robotics is about to become the newest Samsung subsidiary, and humanoid robot...
Well, here’s a feel-good headline to start off 2025: The victims of Bernie Madoff, the OG Ponzi schemer and part-time dream-shatterer, are walking away with 94% of their stolen money back. In fact, the Madoff Victim Fund (MVF), run by the Justice Department, just sent out its 10th and final round of payments—$131.4 million to be exact—bringing the grand total of recovered funds to $4.3 billion. Which is some serious coin for nearly 41,000 victims spread across 127 countri...
The last time we thought about American Airlines there were grounded flights, tempers flaring, and Aunt Karen’s in droves (yes, really) stranded at O’Hare with only a Cinnabon for emotional support. Well, apparently, none of that matters anymore. Raymond James just upgraded American Airlines’ stock, saying it could soar 38% in 2025. That’s quite the optimistic prediction for an airline that gave us Home Alone vibes at every major airport on Christmas Eve....
AMD’s been through the wringer this year (to say the least). Shares are down 11% in 2024, and since late spring, the stock has bellyflopped 45%, shedding $140 billion in market value.. But here’s the million-dollar question (or $140 billion one): Is AMD gearing up to be the Cinderella story of 2025, or are we just setting ourselves up for another chapter in "The Little Engine That Couldn’t"? To call AMD’s year a stumble would be like calling the Titanic a minor...
Palantir is having a year… and by year, we’re talking a wet dream inducing 376% surge in its stock price. If you’re thinking the stock might be overvalued, you’re not alone. But there’s a new development that might make you rethink that stance. The data giant, now showing off a market cap of $169 billion, has officially outgrown its scrappy underdog image. It’s stepping directly into the ring with long-time defense veterans like Lockheed Martin and Ray...
Yesterday, we talked about a chipmaker so undervalued it’s practically begging to be bought. (No need to thank me, just name your first yacht after me when it pays off.) Today, let’s switch lanes to a pharmaceutical stock that’s been beaten so badly it probably needs its own vaccine. Yes, we’re talking about Moderna (MRNA), the S&P 500’s punching bag of the year, down over 50% to a pitiful $43 per share. But is it a disaster, or a discount? Grab your shovel and...
Another day, another Boeing catastrophe (it’s getting ridiculous). This time, a Jeju Air 737-800 ended its flight in a fireball at South Korea’s Muan International Airport, claiming 179 lives. The crash, which reportedly involved a botched landing and a collision with a concrete barrier, is the latest in a series of PR and operational disasters for the aerospace giant. And Wall Street is making them pay… Boeing’s stock is already down 6% this morning, pushing its year-to...
It’s not every day that an accounting startup pulls a full-on disappearing act, but Canada-based Bench just set a new standard for how not to exit the stage. Imagine logging in to check your year-end financials, only to find out the entire platform is offline and all you're left with is a short, cryptic notice. That’s exactly what happened to Bench’s 35,000 U.S. customers this week—just days before the year-end financial scramble and the start of tax season. Timing: i...
Let’s face it—“return on equity” (ROE) isn’t exactly the kind of phrase that makes you sit up in your chair. It ranks somewhere between “corporate bond yields” and “auditor’s report” in the excitement department. But leave it to Toyota Motor to spin this snooze-worthy finance metric into an absolute BANGER. Shares of TM popped over 8% after the Japanese automaker announced a plan to double its ROE target to a jaw-dropping 20%. Meaning,...
Yesterday, we talked about a chipmaker so undervalued it’s practically begging to be bought. (No need to thank me, just name your first yacht after me when it pays off.) Today, let’s switch lanes to a pharmaceutical stock that’s been beaten so badly it probably needs its own vaccine. Yes, we’re talking about Moderna (MRNA), the S&P 500’s punching bag of the year, down over 50% to a pitiful $43 per share. But is it a disaster, or a discount? Grab your shovel and...
Move over, Hermès. Your $10,000+ Birkin just got a budget-friendly rival, and it’s not coming from Chanel, Gucci, or any other bougie brand you can’t pronounce correctly. Nope, this one’s from Walmart. Yes, Wally-friggin-World—a.k.a. the land of rollback prices, bulk paper towels, and $78 handbags that are doing their best Birkin impression. (Source: Giphy) In short, dubbed the “Wirkin” by TikTok’s finest, this faux-luxury tote has...
Faraday Future is back on Wall Street’s radar, and this time, it’s not just the Reddit crowd frothing at the mouth. Shares of the struggling-but-still-kicking EV startup surged nearly 40% on Monday after the company announced two things: a new high-profile customer and a fresh strategy to stave off irrelevance (and bankruptcy). But, but, but… before you get too horned up over it, this rollercoaster may be more Six Flags than Tesla. (Source: Giphy) First u...
Remember October 2021? Mark Zuckerberg skipped the stage altogether and opted for a painfully awkward virtual presentation, floating around a pixelated cartoon world like a knockoff Wii avatar. With a grin that screamed “trust me,” he unveiled the Metaverse as if it were the second coming of the internet. He even went all-in, renaming Facebook to Meta and planting a digital flag of VR dominance (it fell over). But here we are in 2025 (almost), and those million-dollar Metaverse land...
If you needed a headline to sum up cybersecurity in 2024, here it is: China just hacked the U.S. Treasury Department. Again. The crazy part? The U.S. Treasury is calling this a “major incident”. Cue the collective face-palm from anyone who’s been paying attention to the never-ending cat-and-mouse game of international hacking. (Source: Giphy) In short, a Chinese state-sponsored Advanced Persistent Threat (APT) group breached the Treasury Department via a t...
The restaurant biz is the Hunger Games of capitalism. Half the contestants don’t even make it to the sequel, and the survivors are usually clinging to life like my wife’s Starbucks drink she left in the cup holder. But every now and then, a bold new concept comes along that has both investors and foodies weak in the knees, ready to throw their money (and appetites) at it. Cue Cava Group, the Mediterranean fast-casual influencer magnet that’s had a wild 2024, racking up a...
AMD’s been through the wringer this year (to say the least). Shares are down 11% in 2024, and since late spring, the stock has bellyflopped 45%, shedding $140 billion in market value.. But here’s the million-dollar question (or $140 billion one): Is AMD gearing up to be the Cinderella story of 2025, or are we just setting ourselves up for another chapter in "The Little Engine That Couldn’t"? To call AMD’s year a stumble would be like calling the Titanic a minor...
Well, it looks like Starbucks has officially just been served a venti-sized L by the U.S. legal system. A federal appeals court has ruled that the coffee chain illegally fired two South Philly baristas, Echo Nowakowska and Tristan Bussiere, for trying to unionize. And no, Starbucks, you can’t just cover this one up with whipped cream and caramel drizzle LOL. (Source: Giphy) In short, The 3rd U.S. Circuit Court of Appeals said there was plenty of evidence to support th...
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