Steep bill for AI buildout punishes Meta, other tech favorites

This article was written by Follow I manage The Pragmatic Optimist Portfolio, a concentrated strategy targeting 2x–3x alpha over institutional benchmarks by capturing high-conviction upcycles across the AI value chain.My core allocation focuses on physical AI infrastructure—Accelerators, Optical Networking, Memory, Wafer Fab Equipment, and Power/Data Center Development—paired with opportunistic exposure to Software, Cybersecurity, and Robotics….

A new NYC policy rebalances zoning powers in 12 city districts Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 8 hours ago

Actor Orlando Bloom‘s former Beverly Hills, CA, property has undergone a $2,000 price cut—months after hitting the market as a luxury rental. Bloom, 49, snapped up the four-bedroom, four-bathroom property in 2017 for $7 million, then made his first attempt to sell it just two years later, listing it for $8.49 million. However, it would…

Key insight: House Republicans are proposing to overhaul the CFPB’s funding structure.  What’s at stake: The package includes a number of reforms wanted by banks, including limiting some of the bureau’s authority to regulate “abusive” practices and providing a safe harbor for some small dollar lending products offered by depository institutions.  Forward look: The package…

The Labour Bureau earlier this week released its monthly All India Consumer Price Index for Industrial Workers (AICPI-IW) numbers for July 2026, stating that it increased by 1.3 points to stand at 153.2. Further, year-on-year (YoY) inflation for the month of July 2026 stood at 4.57% as compared to 2.66% in July 2025, the Ministry…

Contribution by Frank Elderson, Vice-Chair of the Supervisory Board of the ECB and Member of the Executive Board of the ECB, at the BCBS international conference of banking supervisors panel on “Navigating the new financial landscape” Bali, 30 September 2026 Banks are operating in an increasingly complex environment shaped by geopolitical fragmentation, rapid technological change,…