Posts by Amelia Frost
Robinhood Is Going Deeper Into Prediction Markets. Its Event-Contract Business Is Growing.
Robinhood is expanding its prediction-markets business through a new partnership with Crypto.com and OG.com, taking equity stakes in both companies while adding another federally regulated venue for event contracts as trading activity on the platform continues to climb. Starting Tuesday, Robinhood will route selected football event contracts through OG.com’s underlying exchange and clearinghouse, adding another…
Read MoreMiddle East Clashes Again Push Oil Toward $100. Goldman Sachs Raises Forecasts a Path To $120.
Oil prices climbed toward $100 a barrel on Tuesday as renewed attacks on Middle Eastern energy infrastructure and shipping intensified concerns about global supply. Goldman Sachs is now warning that a prolonged disruption in the Persian Gulf could send Brent crude as high as $120. Brent crude futures rose briefly crossed $99 earlier on Tuesday…
Read MoreGas Prices Are Still Squeezing American Families. Prices Could Increase Further In The Fall.
With the national average for gas reaching $4.15 a gallon on Labor Day, drivers are cutting back on travel, savings, and everyday expenses, while analysts warn that geopolitical tensions could prevent the usual fall decline in fuel costs. The figure shows how much the market has changed since late February, when regular gasoline averaged $2.98…
Read MoreQualcomm Strikes $4 Billion Amazon Stock Deal. Its Stock Is Climbing.
Qualcomm and Amazon announced a partnership Tuesday that includes warrants allowing Amazon to acquire roughly $4 billion worth of Qualcomm stock, tying the investment to a broader effort to develop custom silicon for Amazon Web Services. Qualcomm shares rose about 3% following the announcement as investors welcomed another major customer for the company’s expanding data…
Read MoreWeChat’s 1.4 Billion Users Faced a Dangerous Security Flaw. AI Helped Turn It Into a Self-Spreading Worm.
Artificial intelligence created a worm inside WeChat so that a missed call could have been enough to surrender control of a WeChat account to a hacker. The contact would not have made the call, and the victim would not have needed to answer. Once inside, the malicious software could use the account’s saved contacts to…
Read MoreOpenAI’s Chief Scientist Warns No One Is Ready for AI’s Next Leap, Calls for ‘Extreme Caution’
OpenAI‘s chief scientist is warning that the world may be unprepared for the consequences of rapidly advancing artificial intelligence, calling for stronger safeguards, international coordination, and voluntary slowdowns to ensure humans remain in control as machines become increasingly capable. In an essay called An Alien Mind, Jakub Pachocki described a moment in 2023 when early…
Read MoreThe U.S. Is Escalating Its Economic Pressure Campaign Against Iran. Over Two Dozen Airlines Are Being Targeted.
The Treasury Department sanctioned 27 Iranian airlines as part of its campaign to continue exerting economic pressure on the country. The department noted in a statement that, overall, the “Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 36 targets for supporting Iran’s aviation sector, which the regime uses to move weapons, personnel, and illicit cargo.”…
Read MoreNetanyahu Was Personally Warned Of An Imminent Attack Days Before Oct. 7 But Didn’t Act: Report
Israeli Prime Minister Benjamin Netanyahu was warned about a large attack from Hamas days before October 7 but his government did not do anything with the information, according to a new report. Israeli outlet Haaretz cited a book from top journalists Shlomi Eldar and Ruth Yuval, who conducted dozens of interviews with sources including senior…
Read MoreThe Nasdaq 100 Will Get Its Quarterly Rebalance This Month. It Could Be a Boon For SpaceX.
SpaceX is set to get a higher weighting in the Nasdaq 100 after its quarterly rebalance, which will take place later in September. Bloomberg detailed that the figure is a result of several factors, but shares that have been released following lock-up periods will help lift it. The company currently represents 1.25% of the Nasdaq…
Read MoreThe U.S. Got Broad Access To Venezuela’s Oil. It Is Now Reportedly Setting Its Eyes On Its Minerals.
The Trump administration is seeking broader access to Venezuela’s mineral resources after inking a deal to lead the exploitation of its oil resources, according to a new report. Reuters detailed that, like it has recently happened with the oil industry, the initiative seeks to open the country’s sector to U.S. investments. One possibility involves an…
Read MoreZelenskyy Says U.S. Is Exploring Russia-Ukraine De-escalation Steps. Moscow Is Striking Kyiv Again.
Ukrainian President Volodymyr Zelenskyy said the U.S. is exploring the possibility of de-escalating hostilities with Moscow during the winter and restarting diplomatic negotiations. However, Moscow continued to target Kyiv on Tuesday, launching a missile barrage that killed at least two people. Speaking to Axios, Zelenskyy said Washington could make the push as he feels that…
Read MoreLips Always Feel Dry? This One Common Habit Might Be Why
Figuring out how to get rid of dry lips can feel like a lifelong journey. Sure, we have endless lip balms, glosses, and oils at our disposal, but if we’re constantly reapplying and our lips are still dry—or even getting worse—what’s the point? Fortunately, there may be relief in sight. “There are so many different…
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