Author: franperez66q@protonmail.com

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks pulled back on Friday , capping off another volatile week. Weakness in the hyperscalers — Amazon , Alphabet , Meta Platforms , and Microsoft — weighed on the major averages. The S & P 500 is on pace to lose more than 1%, while the Nasdaq is headed for a decline of over 2%. The Dow is roughly flat on the week. Semiconductors and AI infrastructure stocks bore the brunt…

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This week, San Francisco’s attorney general, David Chiu, sent cease-and-desist letters, demanding that Apple and Google remove 13 so-called nudification apps from their app stores, Wired reported. Nudification apps can make it trivially easy to transform ordinary photos of real people into explicit images. The harmful AI tools allow bad actors to remove clothing, change a person’s features, place them in sexualized positions, and swap victims’ faces onto other people’s naked bodies. Chiu’s letter warned that app stores were violating “California’s laws that prohibit supporting services that create deepfake pornography,” Wired reported. Talking to Wired, Chiu said his office was “absolutely horrified”…

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He argued that Britain took a wrong turn in the 1980s. “Four decades of neoliberalism” had followed, he said, damaging traditional working-class communities in cities and towns as well as rural and coastal areas.This is what he promised to reverse. Doing so, he said, would amount to no less than “the most significant change moment in our politics for 40 years”. It will not have been lost on any Labour MPs listening that in making this argument Burnham is not only criticising Thatcherism, but also the accommodation with elements of Thatcher’s agenda which he clearly believes were made by the…

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If you’ve been thinking about moving your savings to a higher-yield account, now could be a good time to do it. Raisin, the savings marketplace that lets you compare and open high-interest accounts from multiple banks and credit unions, is offering new customers up to $1,200 when they open a qualifying high-yield savings account or CD by July 31, 2026.The bonus is split into two parts: You’ll earn an initial cash bonus after opening a qualifying account and meeting the minimum deposit requirement, then a second bonus by making at least two additional deposits.Here’s what you need to know about…

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Everyone seems to be launching and landing rockets these days. Last week, China joined the club of countries that have launched an orbital mission and brought its booster safely back to Earth, which is just the beginning of public and private ventures in that country aggressively pushing into rocket reuse. Also in Asia, Japan’s space agency has been conducting hop tests, and Honda recently performed vertical reuse tests. In the United States, of course, SpaceX launches and lands reusable rockets every few days. Blue Origin, although its New Glenn booster is temporarily grounded, has also demonstrated the ability to both…

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Sir Keir won a landslide general election victory two years ago – but he began losing public support within weeks of arriving in Downing Street after a series of policy mis-steps and U-turns.The final straw for many Labour MPs was when right-wing party Reform UK swept the board at local elections in May, leaving many of them fearing Reform leader Nigel Farage would win the next general election.Burnham had long had ambitions to be Labour leader – but could only challenge for the top job as a sitting MP.He returned to Parliament a month ago in a by-election, with his…

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It’s been hard to ignore the weakness in chip stocks this week, but what may matter more is how well the stock market holds up. Stocks are headed for losses this week, with the retreat sharpest in the Nasdaq Composite where anxieties around artificial intelligence spending came again to the fore. Semiconductors tumbled, with the iShares Semiconductor ETF (SOXX) pulling back more than 10% week to date, while the VanEck Semiconductor ETF (SMH) slid nearly 9%. Elsewhere, IBM notched its worst day in history this week, after the blue-chip company warned clients have shifted away from spending on software. The…

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