Author: franperez66q@protonmail.com

CNBC’s Jim Cramer said Tuesday the biggest obstacle to technology stocks has finally been removed.”Ever since we found out that Leopold Aschenbrenner’s hedge fund, Situational Awareness, blew up last week, we’ve seen tech stocks flying all over the place, unleashed, unbound and roaring higher, catapulted by the lack of sellers of any size,” the “Mad Money” host said. Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, was forced to unwind its highly leveraged portfolio last week after suffering steep losses. Cramer said the liquidation — along with selling from investors who had copied the fund’s…

This report is from this week’s CNBC UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchOn Jan. 4, 2022, shares of Diageo hit an all-time high, making it the FTSE 100’s third most valuable company, with a stock market value of nearly £90 billion (roughly $121 billion).The world’s biggest spirits company, whose brands include Johnnie Walker scotch whisky, Smirnoff vodka, Tanqueray gin, Captain Morgan rum, Don Julio tequila and Guinness stout, has since seen its share price more than halve as its fortunes have waned.The company enjoyed astonishing sales growth during the Covid-19 lockdowns, when households discovered the joys…

DeLay explains how Congress decided on 39% cap Courts reviewing whether an agency decision is lawful often try to determine what members of Congress intended when they passed a law, particularly when the law is vague. According to DeLay, the intent of Congress was clear when it mandated the 39 percent cap. Although Republicans controlled the House, Senate, and White House in 2003, “Congress was at an impasse” over a budget bill because of a proposal by Sen. Ted Stevens (R-Alaska), DeLay wrote. Stevens “was an ally of the broadcast affiliates,” and he proposed “to codify in law the Federal…

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesAsian technology stocks surged Wednesday after a strong Wall Street rally overnight that saw robust corporate earnings and easing oil prices push major U.S. indexes to fresh records.Shares of SoftBank Group surged more than 10%, while chip equipment maker Tokyo Electron added  3.64%. Advantest jumped 7%, and Japanese memory chipmaker Kioxia rose 6.34%. In South Korea, SK Hynix jumped 6.9%, while Samsung Electronics gained over 4%. Seoul…

The Conservatives have offered Jewish groups a meeting with their council election candidate, Joshua Bonehill-Paine, who spent time in prison for neo-Nazi activism.The party has been criticised over the decision to select him to stand for a seat on Somerset Council next year, but Kemi Badenoch has said she is standing by Bonehill-Paine because she wants to give him a second chance. He has described his past views as “indefensible” and now speaks out against extremism.The Board of Deputies of British Jews has called on the Conservatives to ditch him as a candidate, saying the selection “beggars belief”.It is understood…

Before displays grew to dominate the entire face of our phones, it was common for Android devices to have a small RGB LED that would illuminate to indicate pending notifications or incoming calls. This helped save power back when waking up the display too often could kill the battery. But HiLight is on the back of the phone. It appears this feature will only be useful when the phone is face down, which many people instinctively avoid to prevent screen scratches. Perhaps Google will have some answer for that in the form of new, harder glass. Shining a light on…

Andy Burnham is “looking into” the possibility of holding a public inquiry into the UK activities of the convicted sex offender Jeffrey Epstein, according to victims minister Alex Davies-Jones.Speaking to BBC Newsnight, Davies-Jones said that the prime minister had agreed to meet Epstein’s victims.She said the government is also reviewing whether the alleged actions of former Harrod’s owner Mohamed Al Fayed could also be part of an inquiry.Davies-Jones resigned from former Prime Minister Sir Keir Starmer’s government in May, later accusing his government of failing to listen to Epstein’s survivors. She was reappointed as victims minister when Burnham took office.Speaking…

The SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty ImagesAfter SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on Tuesday that it’s all worthwhile, claiming that the company is making its money back within a year.The message didn’t resonate, as SpaceX shares sank following the company’s first earnings report since its IPO in June. While revenue in the second quarter sailed past estimates, jumping 92% from a year prior, capital expenditures soared over sixfold to $18.4 billion, more than double…

The National Telecommunications and Information Administration is now preparing a new Notice of Funding Opportunity for the competitive grant program and intends to start accepting applications in December, the joint status report said. The NDIA could object to the government’s proposed timeline, but is still evaluating it and asked the court for another two weeks to determine whether the sides can reach an “agreement on the path forward and proposed schedule.” The Digital Equity Act directed the US to establish a Competitive Grant Program to “spur greater adoption of broadband among covered populations.” The law defined eight types of covered…

Pet flea treatments should be banned from general sale, a Lords committee has urged, after an inquiry raised concerns about their impact on their environment.Spot-on treatments to prevent parasite infestations in fur and on skin are currently widely available for pet owners to buy in supermarkets and online.But the House of Lords environment committee said their sale should be restricted, adding widespread use posed a potential threat to natural ecosystems.The government said it was continuing to assess the availability of the treatments in order to ensure “correct usage by owners”.Currently, dog and cat owners are frequently advised to use preventative…