The stock market has a ‘Magnificent Seven’ problem — but not the one bears are warning about
Wall Street is terrified of a trillion-dollar AI bill — but the payoff is in sight.
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Tesla Just Posted Its Best Second Quarter Deliveries Ever. Here’s the 1 Number That Will Actually Move the Stock on July 22.
Tesla (TSLA 2.47%) investors already know the headline numbers for the second quarter. The electric vehicle and energy company said earlier this month that it delivered 480,126 vehicles during the period, up about 25% year over year and more than it has delivered in any second quarter in its history. It also deployed 13.5 gigawatt-hours…
AI Could Cure Loneliness but Hurt Relationships, Yale Professor Says
AI companions could be good for your mental health — but bad for your social life. That’s the potential trade-off Paul Bloom, the Brooks and Suzanne Ragen Professor Emeritus of Psychology at Yale University, sees as AI companions become increasingly sophisticated. “If some future version of Chat or Claude or Gemini could come in and…
Brothers Built $100M-a-Year Business After Tragic Dog Loss: Halo
Key Takeaways Ken Ehrman turned to industry connections to help launch the wireless, GPS-connected Halo Collar. After several years of aggressive fundraising, the company’s focus shifted to profitability. Now, Halo Collar is seeing rapid growth, heading for $140 million in annual revenue this year. In 2018, Ken Ehrman’s niece’s dog, Ruby, escaped her invisible fence…
Tech stocks lead steep global selloff as investors lose faith in AI chip trade
📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here. ONE BIG THING Airbnb CEO targeted by hackers in AI slop attack Airbnb cofounder and CEO Brian Chesky appears to have been the target of a cyberattack, a source with knowledge…
As fintechs chase bank licenses, are sponsor banks at risk?
Key insight: German fintech Pliant hired Coastal Financial to support Pliant’s U.S. expansion. What’s at stake: Pliant believes the collaboration will ease compliance and technology deployment. Forward look: As more fintechs seek bank licenses, payment experts say there will be more competition for sponsor banks, but also new opportunities. The past few months have seen…
China’s BrainCo bets on wearable brain tech
Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices. BrainCo Elon Musk’s Neuralink, which uses implants in people’s heads to compensate for disabilities, has become the poster child for so-called brain-computer interfaces (BCI). But some companies are betting that mass-market neural tech won’t require opening the skull at all. BCI…
