The AI world is exploding. These are the biggest players you should be following...
Continue ReadingSwire Properties’ Henry Bott, Simon Property Group’s David Simon and Saks Fifth Avenue at Brickell City Centre (Swire Properties, Google Maps, Getty)Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an Indianapolis-based shopping center-focused real estate firm led by David Simon, bought Swire’s majority 75 […]This article originally appeared on The Real Deal. Click here to read the full story...
Continue ReadingThe major averages were higher near noon, with the S&P 500 continuing its path towards all-time highs reached earlier this year. Meanwhile, the U.S. dollar is under pressure amid the worst first-half performance in 50 years, falling to its lowest since early 2022 amid speculation that President Trump may replace Fed Chair Powell before his term ends and markets pricing in over 60 basis points of rate cuts by year-end. Looking to commodities, the price of gold was fractionally lower, continuing a...
Continue ReadingAI crypto tokens drop as Germany calls DeepSeek illegal and sends offcial notice to Apple and Google...
Continue ReadingForget Apple, Amazon, or Microsoft—this year’s breakout tech stock comes from a company few had even heard of six months ago, CoreWeave. And its founder has just seen a near-record-breaking increase in his net worth...
Continue ReadingCatch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly: WHATSAPP: Meta’s (META) WhatsApp introduced Message Summaries, a new option that uses Meta AI to privately and quickly summarize unread messages in a chat, so users can get an idea of what is happening, before reading the details in their unread messages. “Message Summaries uses Private Processing technology, which allows Met...
Continue ReadingApple (AAPL) agreed to spend roughly $250M on Brad Pitt movie “F1”, one of its biggest entertainment bets since it entered into Hollywood in 2019, as executives seek hits but only want to produce content reflecting high-end, aspirational qualities, the Wall Street Journal’s Ben Fritz and Joe Flint report, citing people familiar with the matter. Warner Bros. (WBD) is distributing “F1” for the tech giant, getting a percentage of the box-office revenue and Apple has discussed starting their own the...
Continue ReadingWall Street strategists say the AI-driven Big Tech boom has more room to run, with valuations still attractive amid a broadening market rally...
Continue ReadingRecent research from MIT Sloan School of Management has uncovered that generative AI exhibits cultural biases, providing culturally distinct responses based on the language of the prompt. The study, published in Nature Human Behaviour, found that when solicited in Chinese versus English, AI demonstrates a more interdependent social orientation and holistic cognitive style, reflecting the cultural nuances of the language's origin. These findings underscore the importance of cultural awareness.....
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