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US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026. Alex Wroblewski | AFP | Getty ImagesPresident Donald Trump said Monday he is calling off a plan to attack Iran on Tuesday after the heads of three regional powers in the Middle East asked him to “hold off.”Trump, in a Truth Social post, said he has informed U.S. military leaders “that we will NOT be doing the scheduled attack of Iran tomorrow” in light of the requests from Qatari Emir Tamim bin Hamad…
There’s a popular saying in the options pits: Sell a tiny, buy a Lamborghini.It refers of course to the practice of selling dollar cheap out of the money options and collecting the premium for a high probability bet. As those tinies grow, you make a small fortune over time. Of course, there’s a flip side to that, the investors who bought those worthless options.Nvidia price action Monday is a good illustration of that concept.Options traders in Nvidia are on pace for another rough session as the stock drops Monday, down more than 6.5% from highs on Thursday and rendering some…
Shares of memory chip maker Seagate slipped more than 8% Monday, leading a group-wide sell-off, after comments from CEO Dave Mosley raised concerns that it won’t be able to meet the soaring demand fueled by the artificial intelligence buildout.Mosley was asked at a JPMorgan conference on Monday what it would take to add unit or floor capacity to produce more chips in Seagate’s factories.”If we took the teams off and started building new factories or bringing up new machines, that would just take too long. You would end up with more capacity, but then you’d slow the rate of growth…
NextEra plans to buy Dominion Energy for $66.8 billion, form biggest US power company as AI demand booms Source link
A thousand years ago, the ancestors of today’s Barkindji people carefully buried a dingo (or garli, in the Barkindji language) in a mound of shells. Archaeologists recently studied the burial in what’s now New South Wales, Australia. They found that the Barkindji ancestors had buried the dingo with the same care and ceremony as any beloved human member of the community and looked after the grave for centuries. The burial reveals that dingoes were, as Australian Museum and University of Sydney archaeologist and study co-author Amy Way puts it, “deeply valued and loved” by ancient people in Australia. The long-lost…
US President Donald Trump (R) gestures as he poses for photos with China’s President Xi Jinping during a visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty ImagesPresident Donald Trump has returned stateside and so has his administration’s focus, even as the Iran war and the aftermath of his China trip remain front-burner issues.Trump and his top officials are fanning out across the U.S. this week for events aimed at touting his domestic achievements — a notable pivot after major foreign policy matters in Iran, China, Cuba, Venezuela and elsewhere have dominated headlines…
JPMorgan summer reading listCourtesy: JPMorganThe latest JPMorgan Summer Reading List, an annual favorite among the wealthy, includes books on artificial intelligence, longevity, Keith Haring and lemon recipes.The list is compiled each year with suggestions from JPMorgan client advisors around the world and has become a popular guide for the wealthy looking for good summer beach reads. This year’s list includes 14 titles, reflecting the top issues and concerns of its clients. AI tops the list, with two books on the topic. Sebastian Mallaby’s “The Infinity Machine” profiles Google DeepMind CEO and co-founder Demis Hassabis and the battle for AI breakthroughs.…
Jury reaches verdict in Elon Musk lawsuit against OpenAI, judge says Source link
Elon Musk stands in an elevator to attend the trial in his lawsuit over OpenAI for-profit conversion at a federal courthouse, in Oakland, California, U.S., April 30, 2026. Manuel Orbegozo | ReutersAfter less than two hours of deliberations, a jury rejected Elon Musk’s claims against OpenAI CEO Sam Altman, ending a dramatic chapter in the bitter rivalry between the two tech billionaires, who were once close friends. The court, led by U.S. District Judge Yvonne Gonzalez Rogers, agreed with the advisory jury’s determination that Altman and OpenAI were not liable, and that “claims of breach of charitable trust and unjust…
Reform UK has insisted the £5m party leader Nigel Farage received in April 2024 from crypto-billionaire Christopher Harborne was a gift. Source link
