Author: GT

Don’t jump the gun on buying more GE Vernova just yet. Despite a new buy-the-dip call from Goldman Sachs, Jim Cramer said Monday that the Club stock could still be weighed down by President Donald Trump ‘s fight against wind energy. Instead, he advised members to wait for more clarity on how the White House’s policies may impact GE Vernova’s overall sales. “The wind business is not going to grow as much,” Jim said during Monday’s Morning Meeting , citing Trump’s criticism of the wind power industry and promotion of fossil fuels. He added, “The president is not going to be giving…

YouTube announced on Monday that its first-ever exclusive global broadcast of an NFL game broke a record for the company, achieving the most concurrent viewers of a livestream on the platform. Over 17.3 million viewers from more than 230 countries and territories worldwide tuned in for the game between the Kansas City Chiefs and the Los Angeles Chargers in São Paulo. This figure represents the average minute audience (AMA) that watched the game last Friday. In the U.S., there were 16.2 million AMA across YouTube and other platforms, according to Nielsen data, while YouTube’s own numbers indicated 1.1 million AMA…

SAN FRANCISCO (AP) — A federal judge has begun reviewing a landmark class-action settlement agreement between the artificial intelligence company Anthropic and book authors who say the company took pirated copies of their works to train its chatbot.The company has agreed to pay authors and publishers $1.5 billion, amounting to about $3,000 for each of an estimated 500,000 books covered by the settlement.But U.S. District Judge William Alsup has raised some questions about the details of the agreement and asked representatives of author and publisher groups to appear in court Monday to discuss.A trio of authors — thriller novelist Andrea…

In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website.Timon Schneider | SOPA Images | Sipa USA | APCognition, the artificial intelligence startup that acquired Windsurf in July, said on Monday that it closed a $400 million funding round at valuation of $10.2 billion, which includes the fresh capital. The developer of an AI software engineer called Devin, Cognition was thrust into the spotlight two months ago, when it jumped in to buy Windsurf, days after that startup’s founders and top researchers left to join…

On Monday, Anthropic announced an official endorsement of SB 53, a California bill from state senator Scott Wiener that would impose first-in-the-nation transparency requirements on the world’s largest AI model developers. Anthropic’s endorsement marks a rare and major win for SB 53, at a time when major tech groups like the Consumer Technology Association (CTA) and Chamber for Progress are lobbying against the bill. “While we believe that frontier AI safety is best addressed at the federal level instead of a patchwork of state regulations, powerful AI advancements won’t wait for consensus in Washington,” said Anthropic in a blog post.…

AI News caught up with Siddhartha Choudhury, a Senior Product Manager at Booking.com, to get the inside scoop on how the technology is keeping your bookings – and data – safe from security threats like online fraud.When you book a holiday online, you’re placing a lot of trust in a website. You trust it with your money, your personal details, and your travel plans. For a giant like Booking.com, keeping that trust for millions of people every single day is a huge job. So, how do they do it? Increasingly, the answer is AI.Countering modern online fraud requires AI assistanceThe…

Ever since Spotify launched an AI DJ, Amazon Music has been developing its own AI-powered features, including AI-generated playlists and AI-assisted search, to compete more effectively with the music giant.  Now, Amazon Music is launching a new feature called “Weekly Vibe,” designed to further personalize the listening experience. The feature is rolling out today to U.S. customers across all subscription tiers within the app on both iOS and Android. Recognizing a common challenge faced by avid music streamers—getting tired of the same songs after extensive listening—Weekly Vibe aims to keep your playlists fresh every week. Every Monday, Weekly Vibe uses…

The StubHub logo is seen at its headquarters in San Francisco.Andrej Sokolow | Picture Alliance | Getty ImagesStubHub is aiming to raise as much as $851 million in its initial public offering, giving it a valuation of up to $9.2 billion, the company revealed in a new filing on Monday.The ticket reselling marketplace plans to sell more than 34 million shares priced between $22 and $25 per share, according to the filing.The long-awaited IPO comes after StubHub hit pause on the process in April as the stock market was reeling from President Donald Trump’s sweeping tariffs. The company also eyed…

Elon Musk’s SpaceX has agreed to acquire 50MHz of wireless spectrum and Mobile Satellite Service spectrum licenses from EchoStar, for use in the Starlink satellite network. EchoStar will sell its AWS-4 and H-block spectrum licenses in exchange for $8.5 billion in cash and $8.5 billion SpaceX stock. SpaceX said the deal would let it develop and deploy its “Direct to Cell” constellation, which it claims can provide broadband-speed internet access to mobile phones across the world. Of the cash, $2 billion will be made as a direct cash interest payments on debt held by Echostar. SpaceX last year received the…

Goldman Sachs recommends gold mining stocks as one of its top trades heading into the final quarter of the year, with the investment bank expecting the precious metal will continue to rally. Spot gold has already soared 38% this year, rising above $3,600 per ounce. Goldman expects prices will rise another 14% through 2026 due to strong demand from central banks and exchange traded funds. “Gold mining stocks should rally alongside the underlying commodity,” Goldman analysts led by David Kostin told clients in a report published postmarket Friday. Mining stocks Dakota Gold , Anglogold Ashanti and Newmont have doubled this…