Elon Musk and Sam Altman reignited their public feud on social platform X following Apple's lawsuit accusing OpenAI of stealing trade secrets. Musk criticized Altman, calling him a scammer, while Altman responded by highlighting OpenAI's latest AI model release and mocking Musk's SpaceX ventures. The rivalry underscores tensions between the two billionaires who co-founded OpenAI but diverged over its for-profit direction. Meanwhile, SpaceX recently completed a $75 billion IPO and OpenAI has filed confidentially for its own IPO, signaling high stakes in the AI and space tech sectors.
In June 2026, President Donald Trump executed more than 1,000 stock trades, including purchases in SpaceX shortly after its IPO and multiple transactions in tech and defense companies like Palantir. The largest trade was a sale of Vanguard ETF shares...
The surge in AI demand is causing a sharp rise in memory prices, with DRAM and high-bandwidth memory costs soaring up to 90% in early 2026. Nvidia plans to increase server prices by over 15% due to rising memory costs, a trend also seen in consumer t...
Apple is cutting over 200 jobs, mainly from its Vision Pro and Siri teams, to sharpen its focus on AI development and improve its digital assistant. The Vision Pro headset has underperformed commercially, with estimated sales dropping to 45,000 units...
As of August 22, 2026, every S&P 500 index fund holds more Nvidia stock than Apple. This shift highlights Nvidia's growing dominance in the market, reflecting strong investor confidence in its technology and growth prospects. The change could influen...
JPMorgan's JEPI ETF, known for monthly income via covered calls on large caps, faces competition from BlackRock's BALI ETF. Both charge 0.35% and pay monthly, but BALI offers a higher trailing yield of 7.56% versus JEPI's similar payout and has outpe...
