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Banks have profited from idle cash for years. AI agents could change that.
The poverty rate is falling, but not for older Americans
Defying higher bond yields: Consumers keep spending and the economy keeps booming
Big Tech's AI build-out ran to the Middle East. Then the Iran war hit.
Meta has an AI solution to its misunderstood trust problem
Trump says China's Xi liked ‘Super Intelligence’ as AI dominated the week
Meta's AI chief just made the case for why an AI assistant should know your deepest dreams before you do. Alexandr Wang says most of us never actually say out loud what we want — a healthier life, a business idea, more time with family — and that silence is exactly why those dreams stall out. His pitch for Muse: give everyone a "general manager" that catches the half-formed wish and builds the plan around it. What would you want Muse to help you chase? @alexandr_wang
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NYC bought this cube for its first-ever contemporary sculpture in 1967. Living next to it now costs $36 million. 🫢
McDonald's is adding more protein options as eating habits shift. McDonald's says 84% of households with a GLP-1 user still eat there — and it's looking at ways to keep them coming back. Grilled chicken and salads, both cut from the menu in 2020, could return alongside new bowls and protein-forward options at breakfast, lunch and dinner. Nothing's locked in yet, and the rollout will vary by market. Would you eat at McDonald's more often if the menu leaned healthier? Read more:
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Lisa Su is having a moment — and she's earned it. AMD's stock crossed a $1 trillion market cap for the first time this week, and CEO Lisa Su rang the opening bell with first lady Melania Trump. A huge week for her and the company, with AMD's earnings up next on Nov. 3.
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Markets shrugged off the bond sell-off to notch weekly gains. 💪
🤔 Is AI tech overvalued? That's the first question @turneyduff, @BrianSozzi, @HardikaInvests, @realMeetKevin, and @mattcerminaro tackle on today's Market Hang.
Jeffrey Katzenberg isn't picking a side in the AI debate — he's picking a fight over compensation. The former DreamWorks CEO published a lengthy essay on X making the case that Hollywood's instinct to resist AI is repeating a mistake creative industries have made before. He points to composer John Philip Sousa's fight against the phonograph and the musicians who lost their jobs when sound came to film — both moments where the technology won, but the terms of that win were negotiated after the fact and eventually pushed innovation further. "The pushback coming out of Hollywood represents the collective effort of people who are deeply passionate about their craft." — Katzenberg His ask now: build AI tools with artists, not on top of them, with credit, consent, and pay built in from the start.
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$MSFT is climbing after the company unveiled a revamped version of its Copilot software. The update combines its chat, coding, and agentic capabilities into a single package, which it calls Autopilot.
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Bill Gates is the latest tech leader to sound the alarm on AI's existential risk, warning the technology is powerful enough to help cause a billion deaths. The warning follows a wave of insider concern, including an former Anthropic and OpenAI staffer who accused the companies of "gambling with our lives." Read more:
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📈 Crypto is having a big quarter. $BTC is up 40% over the past three months, $EHT has jumped more than 65%, and the total crypto market cap has climbed over 30%. @briansozzi says that's just a bullish setup for Robinhood heading into next week's Hood Summit. 🤑
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Would you short OpenAI? Bradley Tusk would. 👀 "I would argue that OpenAI and Anthropic are wildly overvalued," Tusk tells @BrianSozzi.
🗣️ @BrianSozzi: While everyone is talking about Meta this week, don't sleep on Google.
$TSLA is down double digits this year, but @BrianSozzi sees a turnaround coming: a Roadster debut on October 1, a Semi factory turning out 50,000 trucks a year, and Elon Musk back in the White House's good graces. However, Sozzi says, expect Musk's upcoming earnings call to reveal even bigger capex spending than the roughly $25 billion already promised for this year. Cut through the noise with Brian Sozzi every day at 9:30 a.m. ET on Yahoo Finance.
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