Month: October 2025
There are no survivors in the blast at a Tennessee explosives factory, sheriff says
A general view of the road signage at Accurate Energetic Systems on Oct. 10, 2025 in McEwen, Tennessee. Brett Carlsen | Getty Images The blast in rural Tennessee that leveled an explosives plant and was felt for miles around left no survivors, authorities said Saturday. Humphreys County Sheriff Chris Davis said during a news conference […]
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BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares […]
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Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]
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These stocks reporting next week have a history of posting earnings beats and rallying
Investors aiming to predict which stocks will pop during earnings season may want to keep an eye on companies that have strong track records of exceeding Wall Street’s expectations. Earnings season for the third quarter starts ramping up next week. Some of the companies slated to share their top- and bottom-line results next week include […]
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OpenAI’s dominance is unlike anything Silicon Valley has ever seen
OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind […]
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Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it
Alistair Berg | Digitalvision | Getty Images When it comes to how we approach money, “no one is crazy,” Morgan Housel wrote in his bestselling 2020 book on building wealth, “The Psychology of Money.” And when it comes to the way we spend money, the decisions we make are just as personal, Housel, a partner […]
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Luigi Mangione’s lawyers seek dismissal of federal charges in assassination of UnitedHealth CEO
FILE PHOTO: Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., February 21, 2025. Curtis Means | Via Reuters Lawyers for Luigi Mangione asked a New York federal judge Saturday to dismiss […]
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Luigi Mangione’s lawyers seek dismissal of federal charges in assassination of UnitedHealthcare CEO
FILE PHOTO: Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., February 21, 2025. Curtis Means | Via Reuters Lawyers for Luigi Mangione asked a New York federal judge Saturday to dismiss […]
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Middle East gains ground with Chinese tourists during Golden Week
The Middle East has traditionally not ranked among the top destinations for Chinese travelers, but that appears to be changing fast. During this year’s extended Golden Week holiday — which runs Oct. 1–8 — Chinese travel reservations to Doha surged 441% from a year earlier, while bookings to Abu Dhabi rose 229%, according to Trip.com. The […]
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U.S. founders are ‘shameless’ with feedback and Europe’s should do the same: OpenAI’s startup boss
OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October. Nurphoto | Nurphoto | Getty Images In the latest comparison between American and European founders, OpenAI’s startup boss admitted that the Americans are “almost shameless” when it comes to making demands and giving feedback to the AI giant. Laura Modiano, […]
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