Posts by Amelia Frost
Lenovo Bets On ‘Hybrid AI’ For The New Era Of Computing, CTO Says
AI-first seems to be the way forward for most tech companies. In late May, Lenovo, most well known for its devices such as laptops, announced that revenue for 2025/2026 reached a total of $83.1 billion, a part of which can attributed to the company’s prolonged investment in what it has described as hybrid AI. The…
Read MoreMorgan Stanley To Open Stock Administration Platforms To AI Agents: Report
Morgan Stanley will allow AI agents to connect with its stock administration platforms, according to a new report. CNBC detailed that agents will be able to bypass software interfaces built for humans. “The way we see it, in a future state, our corporate clients will not be logging into ShareWorks or Equity Edge,” Mark Mitchell,…
Read MoreBitcoin Lags Nasdaq By Widest Margin Since 2019 As Investors Shift Focus To AI Stocks And New Trading Products
Bitcoin has fallen significantly behind U.S. equities, marking its weakest relative performance against the Nasdaq-100 since 2019 as investors continue to favor technology stocks and artificial intelligence-related companies over digital assets. The cryptocurrency is down about 35% from the point where its relative strength versus the Nasdaq-100 peaked nearly a year ago, while the technology-heavy…
Read MoreStrategy Sold $2.5M in Bitcoin and the Market Acted Like Saylor Burned the Whole Treasury
Michael Saylor and Strategy sold 32 bitcoin between May 26 and May 31, hauling in about $2.5 million at an average of $77,135 a coin, disclosed in a June 1 8-K filing. That’s roughly 0.004% of the company’s 843,706 BTC hoard. A rounding error. A landlord cracking open a $62 billion piggy bank to cover…
Read MorePrivate Payrolls Grow Beyond Expectations And Marks Best Month Since January 2025
Payrolls exceeded expectations in May, according to the latest ADP report. Concretely, companies added 122,000 workers last month, above the 110,000 expected by analysts. It was the strongest gain since January 2025. CNBC noted that gains were more broad-based than in previous months, when they were concentrated in the healthcare sector. Last month, education and…
Read MoreRay Dalio Says AI Market Shows Signs Of Being a Bubble: ‘Nobody Can Get It Exactly Right’
Billionaire investor Ray Dalio said the artificial intelligence market is showing signs of being a bubble. “All great technology changes produce bubbles,” Dalio told Bloomberg Television. “Nobody can get it exactly right. You have to either spend a ton of money to capture your market share and don’t worry about whether it’s too much or…
Read MoreTrump Admin Proposes New Tariffs On Canada, Mexico, EU Over Forced Labor Enforcement Concerns
The Trump administration has proposed new tariffs on imports from Canada, Mexico, the European Union and dozens of other economies after an investigation found shortcomings in how trading partners address goods produced with forced labor. The proposal, announced by the Office of the U.S. Trade Representative (USTR), would impose a 10% tariff on imports from…
Read MoreOECD Cuts Global Growth Outlook As U.S.-Iran War Weighs On Economy, Energy Markets
The global economy is expected to slow this year as the fallout from the U.S.-Iran war continues to ripple through energy markets, trade routes and investment activity. The Organization for Economic Cooperation and Development (OECD) lowered its global growth forecast in its June Economic Outlook released Wednesday, saying worldwide economic growth is now projected to…
Read MoreThis Walking Pad Lets You Walk While Working With 400 LB Capacity and Quiet Under-Desk Design
In today’s fast-paced and desk-bound world, staying active often feels like an impossible balancing act. Between long work hours, endless virtual meetings, and screen-filled routines, movement often ends up at the bottom of the priority list. It’s no surprise that many professionals are now actively looking for simple, realistic ways to bring more activity into…
Read MoreNetanyahu Says He Has ‘Tactical Disagreements’ With Trump But ‘Always Find a Way To Work Them Out’
Israeli Prime Minister Benjamin Netanyahu said he and President Donald Trump have “tactical disagreements” but have “common goals.” “We always find a way to work them out, and we do so as great friends,” Netanyahu said in an interview with CNBC. He added that the two speak “once every two days” and have “common goals”…
Read MoreMeta Now Selling AI Agents To Businesses Under Subscription Model
Meta is selling AI agents to businesses as part of a subscription under the Meta One brand. Concretely, Meta Business Agent can be used in different apps to respond to customer questions, recommend products and book appointments, CNBC noted. The company introduced Meta One last week to provide premium services for creators and companies. It…
Read MoreIf You Miss the Old Cheryl Burke, Please Unfollow
I joined the show in 2006 thinking it was going to be one season and then I’d go back to my life as a competitive dancer. But I won back-to-back seasons and people started paying attention. I was not prepared for what it meant to become tabloid fodder in the era of Star magazine and…
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