The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. June E-mini S&P futures (ESM26 ) rose +0.58%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. June E-mini S&P futures (ESM26 ) rose +0.58%, and June E-mini Nasdaq futures...
Florida Attorney General James Uthmeier is launching an investigation into OpenAI over public safety and national security risks, as reported earlier by Reuters . In a statement on Thursday , Uthmeier says there are concerns that OpenAI's data and technology are "falling into the hands of America's enemies, such as the Chinese Communist Party." Uthmeier also says that OpenAI's ChatGPT has been "li...
Florida Attorney General James Uthmeier is launching an investigation into OpenAI over public safety and national security risks, as reported earlier by Reuters . In a statement on Thursday , Uthmeier says there are concerns that OpenAI's data and technology are "falling into the hands of America's enemies, such as the Chinese Communist Party." Uthmeier also says that OpenAI's ChatGPT has been "linked to criminal behavior" related to child sexual abuse material and the "encouragement" of self-harm. He adds that ChatGPT may have been used to "assist" the person suspected of carrying out a shooting at Florida State University in April 2025. Thi … Read the full story at The Verge.
Intel rose after expanding its Google Cloud AI partnership, as investors look for signs the company can turn data center momentum into meaningful revenue in a market dominated by Nvidia.
Intel rose after expanding its Google Cloud AI partnership, as investors look for signs the company can turn data center momentum into meaningful revenue in a market dominated by Nvidia.
Intel (NASDAQ:INTC), which designs and manufactures microprocessors and related technologies, closed Thursday at $61.72, up 4.70%. The stock moved higher as investors reacted to an expanded Google Cloud AI infrastructure partnership, while also watching how Intel’s Xeon and custo
Intel (NASDAQ:INTC), which designs and manufactures microprocessors and related technologies, closed Thursday at $61.72, up 4.70%. The stock moved higher as investors reacted to an expanded Google Cloud AI infrastructure partnership, while also watching how Intel’s Xeon and custo
Douglas Rissing/iStock via Getty Images The iShares 0-5 Year TIPS Bond ETF ( STIP ) delivered a 3% return since my previous coverage , being a good instrument to hedge the recent market volatility. Last time I wrote that TIPS could be more attractive instruments than treasuries, as the current setup seems to offer an asymmetric opportunity to profit from a higher-than-expected inflation outlook an...
Douglas Rissing/iStock via Getty Images The iShares 0-5 Year TIPS Bond ETF ( STIP ) delivered a 3% return since my previous coverage , being a good instrument to hedge the recent market volatility. Last time I wrote that TIPS could be more attractive instruments than treasuries, as the current setup seems to offer an asymmetric opportunity to profit from a higher-than-expected inflation outlook and the monetary policy easing. Indeed, the geopolitical tension in the Middle East has sharpened the inflation outlook due to the spike in global energy prices. Although Fed officials indicated that the central bank would not raise rates in response to oil shocks, the future monetary policy path remains uncertain. Furthermore, the market participants significantly reassessed their interest rate expectations, suggesting no actions from the policymakers at least until the second half of 2027. Still, I believe that inflation-linked government bonds are more attractive instruments in the current macroeconomic environment. TIPS could benefit from any monetary policy and inflation scenario, providing a moderate all-around return. Thus, I will keep my Hold rating on the STIP ETF with expectations for a 6% to 8% return over the next 12-month investment horizon. Fund Overview The iShares 0-5 Year TIPS Bond ETF provides exposure to a portfolio of short-term inflation-protected U.S. Treasury bonds with remaining maturities of less than five years. The fund is composed of government bonds whose face value rises with inflation and protects investors from general price appreciation. The inflation linkers are attractive instruments to hedge the real value of the investments while providing a moderate return. In particular, the fund delivered a 3% total return since my previous coverage, while at the same time, the annual inflation rate in the U.S. stood at 2.4% in February 2026, which is the lowest reading since May last year. Data by YCharts Last time I wrote that the SPIT ETF allows inve...
OpenAI is making moves to try and court more developers and vibe coders (those who build software using AI models and natural language) away from rivals like Anthropic. Today, the firm arguably most synonymous with the generative AI boom announced it will begin offering a new, more mid-range subscription tier — a $100 ChatGPT Pro plan — which joins its free, Go ($8 monthly), Plus ($20 monthly) and...
OpenAI is making moves to try and court more developers and vibe coders (those who build software using AI models and natural language) away from rivals like Anthropic. Today, the firm arguably most synonymous with the generative AI boom announced it will begin offering a new, more mid-range subscription tier — a $100 ChatGPT Pro plan — which joins its free, Go ($8 monthly), Plus ($20 monthly) and existing Pro ($200 monthly) plans for individuals using ChatGPT and related OpenAI products. OpenAI also currently offers Edu, Business ($25 per user monthly, formerly known as Team) and Enterprise (variably priced) plans for organizations in said sectors. Why offer a $100 monthly ChatGPT Pro plan? So why introduce a new $100 ChatGPT Pro plan, then? The big selling point from OpenAI is that the new plan offers five times greater usage limits on Codex, the company's agentic vibe coding application/harness (the name is shared by both, as well as a lineup of coding-specific language gmodels), than the existing, $20 monthly Plus plan, which seems fair given the math ($20x5=$100). As OpenAI co-founder and CEO Sam Altman wrote in a post on X : "It is very nice to see Codex getting so much love. We are launching a $100 ChatGPT Pro tier by very popular demand." However, alongside this, OpenAI's official company account on X noted that "we’re rebalancing Codex usage in [ChatGPT] Plus to support more sessions throughout the week, rather than longer sessions in a single day." That sounds a lot like OpenAI is also simultaneously reducing how much ChatGPT Plus users can use its Codex harness and application per day. What are the new usage limits for the new $100 ChatGPT Pro plan vs. the $20 Plus? So, what are the current limits on the $20 Plus plan? The new Pro plan gives you 5X greater than...what? Turns out, this is trickier than you'd think to calculate, because it actually varies depending on which underlying AI model you are using to power the Codex application or harness, and whe...
Thoma Bravo LLC -backed RealPage Inc. delivered slightly improved revenue and earnings at the end of last year, just as software businesses are looking to navigate both opportunities and challenges from artificial intelligence. RealPage, a property software provider, told its debt investors during a call Wednesday that revenue was driven partly by growth in subscriptions, while earnings benefited ...
Thoma Bravo LLC -backed RealPage Inc. delivered slightly improved revenue and earnings at the end of last year, just as software businesses are looking to navigate both opportunities and challenges from artificial intelligence. RealPage, a property software provider, told its debt investors during a call Wednesday that revenue was driven partly by growth in subscriptions, while earnings benefited from reduced operating expenses, people familiar with the matter said. About a quarter of the company’s revenue is enabled by AI, including screening potential renters and providing revenue management services, the company told investors. During the call, RealPage — a private company that doesn’t disclose earnings publicly —reported $470.9 million in revenue for the fourth quarter ending in December, a 4% increase from $452.8 million for the same three-month period a year earlier, said the people who asked not to be identified discussing private information. Revenue for the full fiscal year rose to $1.85 billion from $1.81 billion in the previous period, they said. Adjusted earnings before interest, taxes, depreciation and amortization for the same period grew 11.7% to $196.1 million from $175.5 million a year earlier, the people said. Ebitda for the full fiscal year increased 6.3% to $780.8 million from $734.4 million. RealPage also cited a jump in revenue from software-as-a-service subscriptions by 5.7% to $195 million, while revenue from services increased 7.3% to $54.4 million, they said. Even as the company cited efficiencies from AI among other steps, the pace of revenue growth has remained steady compared with previous years, according to figures provided by the people familiar. The software provider told investors that it plans to embed AI more deeply across its platform to improve efficiencies. Based in Richardson, Texas, RealPage helps residential landlords market vacant apartments, screen prospective tenants and set rents, among other functions. It serves more th...
In this article IGV ADBE INTC CRM MRVL GLW CRWD Follow your favorite stocks CREATE FREE ACCOUNT CNBC's Jim Cramer on Thursday marveled at the divergent fates of technology stocks — the hardware winners and software losers — and suggested it may remain this way for a while longer. This divide had been one of the market's dominant themes in 2026 before the Iran war broke out Feb. 28. And now, even w...
In this article IGV ADBE INTC CRM MRVL GLW CRWD Follow your favorite stocks CREATE FREE ACCOUNT CNBC's Jim Cramer on Thursday marveled at the divergent fates of technology stocks — the hardware winners and software losers — and suggested it may remain this way for a while longer. This divide had been one of the market's dominant themes in 2026 before the Iran war broke out Feb. 28. And now, even with the conflict paused in a "fragile truce," Cramer said the buy hardware, sell software trade has returned in full force. "I'm talking about the enterprise software empire that's being toppled by hardware stocks and AI," the "Mad Money" host said. "This war in tech, more than the actual war in Iran, has captivated Wall Street." Thursday's market action paints a clear picture, according to Cramer. Just look at the underperformance in software names. Salesforce and Adobe fell nearly 3% and 4%, respectively. Cramer said the session's more than 4% decline in the IGV software ETF , a benchmark for the sector, was a read on investor sentiment as well. "This ETF is the primary way that big institutions bet on or bet against software," he added. This also means that even non-traditional software stocks like cybersecurity are taking hits just because they're in the fund. Case in point: CrowdStrike plunged 7.5% on Thursday. On the other side of the trade is hardware. Cramer said companies who are "killing it" are the ones that underpin the large-scale development of data centers and AI infrastructure. Semiconductor players Marvell Technology and Intel both gained nearly 5% during the session. Shares of Corning , which makes materials for data centers, rose 2.85%. "If you're in the software camp, you're being treated as if you're ready for the embalmer," Cramer said. "If you are in the hardware and AI camp, you're headed for the pantheon of greatness." Moving forward, Cramer said it doesn't look like this trend will change anytime soon either. "Here's the bottom line: maybe tomorrow...
Florida Attorney General James Uthmeier plans to investigate OpenAI for its alleged harm to minors, potential to threaten national security, and its possible link to a shooting at Florida State University last year.
Florida Attorney General James Uthmeier plans to investigate OpenAI for its alleged harm to minors, potential to threaten national security, and its possible link to a shooting at Florida State University last year.
Monty Rakusen/DigitalVision via Getty Images The Global X Copper Miners ETF ( COPX ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index. COPX is an extremely liquid vehicle for expressing a bullish but undervalued view. Copper is currently moving into a multiyear defici...
Monty Rakusen/DigitalVision via Getty Images The Global X Copper Miners ETF ( COPX ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index. COPX is an extremely liquid vehicle for expressing a bullish but undervalued view. Copper is currently moving into a multiyear deficit, and the producer pipeline cannot respond within the 2020s. Additionally, copper focused equity provides additional operating leverage to the underlying commodity. Several catalysts are showing themselves within copper inventories, and 1Y returns over 130% as well. I am initiating COPX on Seeking Alpha as a strong buy , with consideration that this is a very cyclical investment (with a 1.68 beta) and should not be a core holding due to this. Macro Setup J.P. Morgan projects a refined deficit of approximately 330kt in 2026, with prices averaging $12,075/mt and peaking near $12,500/mt in Q2. This is based on expected demand for copper to rise due to ramping datacenter and AI production. However, there is some conflict on the views of copper, with Goldman Sachs actually modeling a surplus in 2026, with copper ranging between $10,000 and $11,000 . The Goldman view is credible and should be considered, but the sentiment to copper has largely turned bullish. With this said, even the contrarian stance by Goldman has the price of copper staying above $10,000, which essentially has every COPX holding FCF positive with the current cost curves. In a bull case, copper miners re rate highly over 12-month forward earnings revisions, and in the bear case, you still collect a 2.5-3% dividend and wait for another supply cliff as we near the end of the 2020s. The setup for a strong buy is based off a few things, including the AI/HPC buildout, grid and power infrastructure buildout, EVs and transition to renewables, and defense spending. Data centers require enormous amounts of copper for p...