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Billionaire Money Moves in Volatile Markets
leungchopan / Shutterstock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20…
What Is Beam? the US AI Model Being Called the ‘DeepSeek of the West’
A New York AI startup founded by two former Google DeepMind researchers has released its first major model — and is pitching it as a homegrown answer to China’s increasingly powerful open AI systems. Reflection AI on Monday unveiled Beam, an “open-weight” model designed for coding, reasoning, and AI-agent tasks. The company says it rivals…
Greg Abel’s Alphabet Bet Topped Berkshire’s Coca-Cola Stake
Something changed at Berkshire Hathaway (BRKA 1.02%) (BRKB 1.70%) this year, and the clearest sign of it is not a line in a filing. It is the arrival of a new company in a position near the top of its stock portfolio. For decades, Coca-Cola (KO 0.69%) held a place of honor as Warren Buffett’s…
3 Stocks Poised to Outperform Before Their Biggest Growth Years Begin
The most rewarding time to buy an industrial company is often right before its growth truly accelerates, when the orders are signed but the revenue has not yet fully arrived. The three industrials below fit that description today. Each is sitting on an enormous backlog or commitment pipeline that’s only beginning to convert into sales,…
Stocks Rally as Crude Prices and Bond Yields Fall
The S&P 500 Index ($SPX) (SPY) is up by +0.91% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.45%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.31%. E-mini S&P futures (ESU26) are up +0.91%, and September E-mini Nasdaq futures (NQU26) are up +1.35%. Stock indexes are moving higher sharply today as falling oil prices…
Bill Gates Says He Still Won’t Invest in Crypto, Calls It a “Pure Mania-Driven Asset.” Here’s Why He’s Right.
Microsoft co-founder Bill Gates was recently asked where he would put money if he wanted to diversify away from the U.S. dollar. His choices included gold, the euro, Chinese yuan, and cryptocurrency. Gates said he still wouldn’t choose crypto as an investment, calling it a “pure mania-driven asset.” If he wanted to diversify away from…
