Boeing CEO Kelly Ortberg has praised Elon Musk as a “brilliant guy” who is helping the company overcome its delays in delivering Air Force One planes. The planes were initially expected to be delivered by 2024 but have been plagued by multiple delays, with Boeing now expecting delivery by at least 2027. Ortberg said Musk’s … Read more
A growing number of studies suggest that Alzheimer’s disease may not be a single disease, but an infection. One study published in 2019 discovered the bacterial culprit behind chronic periodontitis (gum disease) – Porphyromonas gingivalis – in the brains of deceased Alzheimer’s patients. Researchers from the University of Louisville and Cortexyme found that oral infections … Read more
Block Inc. is set to unify its Afterpay, Cash App, and Square units as part of a broader expansion strategy that it expects will be reflected in its earnings by early 2026. The company’s fourth-quarter earnings results were mixed, with revenue coming in at $6.03 billion, an increase of 4.5% year-over-year but below analysts’ estimates. … Read more
Nvidia options traders are being overly optimistic about how earnings will affect the stock, according to Lawrence G. McMillan. The tech bellwether’s recent option pricing illustrates this point. In the fourth quarter of 2024, an at-the-money straddle with Nvidia priced at $14 was sold before earnings. On the day after the announcement, Nvidia surged eight … Read more
Gold prices have surged past recent forecasts and are closing in on the historic $3,000 per ounce mark. This uptick signals a fundamental shift in how investors approach wealth preservation in an uncertain economic landscape. With traditional investment vehicles showing signs of strain, gold’s age-old stability makes it an attractive option. Here are three reasons … Read more
Palantir’s high valuation is leaving little room for rescue opportunities as the stock momentum breaks, according to Ritholtz Wealth Management CEO Josh Brown. The company’s P/E ratio exceeds 500 and its forward multiple surpasses 180, making it a “no-man’s land” between value and momentum investments. Brown stated that no value managers are close to taking … Read more
Jennifer Lopez remained close to Ben Affleck and his daughter, Violet Affleck, during their split from Lopez. However, the situation reportedly soured when Violet started frequenting J.Lo. According to a source, Violet felt used as a pawn in her father’s divorce from Jennifer Lopez. Despite this, Lopez prioritized her daughter’s happiness and respected her choices. … Read more
Hewlett Packard Inc (HP) has abandoned its policy requiring customers to wait at least 15 minutes on the phone before speaking with a human representative. The company introduced the policy in February, aiming to encourage customers to use online alternatives such as social channels or live chat. However, the move was met with internal resistance … Read more
The new reality series “The Baldwins” premieres Sunday night on TLC, following Alec and Hilaria Baldwin as they navigate their chaotic family life with seven children and eight pets. The show echoes the network’s past hit series “Jon and Kate Plus 8,” but with a darker tone. The Baldwins must address various controversies, including their … Read more
Researchers have gained new insights into the extraordinary camouflage abilities of cuttlefish. A recent video has showcased their remarkable mimicry techniques, including their ability to transform into non-threatening objects like leaves or coral. According to Dr. Matteo Santon at the University of Bristol, “Cuttlefish are masters and hypnotists of the underwater world.” Their impressive display … Read more