Prediction market traders now see a very low chance of Google releasing its Gemini Pro AI model before September, reflecting ongoing delays since June. Despite CEO Sundar Pichai's promise in May for a release within a month, the model has faced coding and reliability issues, plus staff departures, leading to a rebuild. Google has released cheaper Gemini Flash versions but no Pro release date yet. Competitors like OpenAI and Anthropic have advanced, while Google's shares dropped significantly due to the setbacks. The current flagship remains Gemini 3.1 Pro from February.
OpenAI recently completed a $7 billion tender offer to buy back employee shares at an $852 billion valuation, followed by the departure of key executives including the COO and CRO. Despite reported annualized revenue growth to $40 billion in 2026, th...
Apple shares closed up 1.5% at $310.03 while the Nasdaq-100 index fell 2%, making Apple the top performer among major tech stocks. A Wall Street Journal report revealed that big tech firms like Alphabet, Meta, and Microsoft have committed nearly $3 t...
Many retirement savers lose significant money to hidden fees in their 401(k) plans. The SPDR Portfolio S&P 500 ETF (SPYM), iShares Core MSCI Total International Stock ETF (IXUS), and iShares U.S. Treasury Bond ETF (GOVT) offer a low-cost three-fund c...
Anthropic has reportedly achieved positive adjusted operating income years ahead of OpenAI's expectations, signaling a shift in the AI industry where leading models no longer need to operate at a loss. With an annualized revenue run rate of $65 billi...
The Communication Services Select Sector SPDR ETF (XLC) is rated Hold due to weak technical signals and underperformance relative to the market. Despite improved valuation with low price-to-earnings ratios, the sector's long-term earnings growth is m...
