Michael M. Santiago/Getty Images News Goldman Sachs ( GS ) is planning to begin small rounds of layoffs starting in April, skipping its usual spring "Strategic Resource Assessment," multiple people familiar with the situation told Business Insider . The banking giant is said to be shifting its strategy regarding headcount reduction. Instead of a single, larger-scale headcount cut, the bank is plan...
Michael M. Santiago/Getty Images News Goldman Sachs ( GS ) is planning to begin small rounds of layoffs starting in April, skipping its usual spring "Strategic Resource Assessment," multiple people familiar with the situation told Business Insider . The banking giant is said to be shifting its strategy regarding headcount reduction. Instead of a single, larger-scale headcount cut, the bank is planning to implement several rounds of cuts. Goldman Sachs is reportedly giving business-line leaders more discretion to set their timelines. The New York-headquartered lender's multiple rounds of smaller, rolling cuts are expected to continue through the summer and hit all business lines, the Thursday, March 19, report noted. The traditional SRA round could still happen later in 2026, according to the people who declined to be identified discussing nonpublic information. The 2026 reductions are expected to be significantly fewer than the cuts last March , with the final names and numbers for the upcoming rounds yet to be finalized. More on Goldman Sachs Goldman Sachs Remains A Stock To Hold, Despite Uncertainty In Markets (Downgrade) Goldman Sachs: Excellent Business But Thin Margin Of Safety The Goldman Sachs Group, Inc. (GS) Presents at UBS Financial Services Conference 2026 Transcript Goldman Sachs in early talks to raise at least $10B for private credit fund - report Goldman Sachs, JPMorgan, BofA offer products that let hedge funds bet against private credit market - report
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) stock dipped 3% on Thursday after facing an expanded federal review of its Full Self-Driving (FSD) system after the National Highway Traffic Safety Administration (NHTSA) upgraded its investigation to a comprehensive engineering analysis. The move comes after additional crashes raised concerns about the system's ability to handle low-vi...
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) stock dipped 3% on Thursday after facing an expanded federal review of its Full Self-Driving (FSD) system after the National Highway Traffic Safety Administration (NHTSA) upgraded its investigation to a comprehensive engineering analysis. The move comes after additional crashes raised concerns about the system's ability to handle low-visibility driving conditions. The investigation now covers about 3.2 million vehicles, including the Model 3, Model Y, Model S, Model X, and Cybertruck equipped with FSD. The NHTSA review follows nine crashes linked to the automated system, including one fatal accident. Agency officials said the FSD system failed to detect common roadway conditions that impaired visibility and did not provide timely alerts when camera performance deteriorated before incidents. Tesla has acknowledged limitations in its data and labeling, which may have caused under-reporting of similar events.
fengdr/iStock via Getty Images RBC Capital Markets has compiled a list of 13 biotechs that are most likely to receive takeover interest, including Revolution Medicines ( RVMD ), Ascendis Pharma ( ASND ), and Arrowhead Pharma ( ARWR ), among notable M&A contenders. RBC analyst Leonid Timashev based his analysis on biotech deal speculation in the media. Using M&A commentary posted by four leading pu...
fengdr/iStock via Getty Images RBC Capital Markets has compiled a list of 13 biotechs that are most likely to receive takeover interest, including Revolution Medicines ( RVMD ), Ascendis Pharma ( ASND ), and Arrowhead Pharma ( ARWR ), among notable M&A contenders. RBC analyst Leonid Timashev based his analysis on biotech deal speculation in the media. Using M&A commentary posted by four leading publications known for their M&A commentary, namely, The Wall Street Journal, The Financial Times, Bloomberg, and Betaville, Timashev found roughly 85 such reports since 2021. He found a wide variation not only in the “hit rate” of the above publications but also in the returns shareholders could generate after those M&A reports were published. In terms of hit rates, Betaville trailed at roughly 20%-30%, while others indicated a 60%-70% hit rate. The median return of stories published in Bloomberg and The Financial Times was the highest at 27% over 30 days, while that for the FT increased to 70% over 90 days. “Given the importance of M&A to the sector, it is not surprising to us that trade publication commentary can drive significant volatility,” Timashev wrote in a research note on Wednesday. Analysis also looked at the biotechs with the most promising M&A prospects. In addition to Revolution Medicines ( RVMD ), Ascendis ( ASND ), and Arrowhead ( ARWR ), he pointed to Kymera Therapeutics ( KYMR ), Rhythm Pharmaceuticals ( RYTM ), Xenon Pharmaceuticals ( XENE ), Dyne Therapeutics ( DYN ), and Viridian Therapeutics ( DYN ) as potential takeover targets. BioCryst Pharmaceuticals ( BCRX ), Wave Life Sciences ( WVE ), Ocular Therapeutix ( OCUL ), Pharvaris ( PHVS ), and EyePoint ( EYPT ) rounded out the target list. In terms of potential bidders, Timashev pointed to Merck ( MRK ), AbbVie ( ABBV ), Bristol Myers Squibb ( BMY ), Biogen ( BIIB ), Vertex Pharmaceuticals ( VRTX ), Regeneron ( REGN ), Jazz Pharmaceuticals ( JAZZ ), and Acadia Pharmaceuticals ( ACAD ) as companies most ...
This article first appeared on GuruFocus. Xiaomi Corp. (1810) shares rose 3.36% intraday in Hong Kong trading, supported by developments around artificial intelligence and its electric vehicle lineup. The main catalyst was Xiaomi stating that Hunter Alpha, a trillion-parameter AI model that surfaced anonymously on developer platform OpenRouter on March 11 and triggered speculation that it was Deep...
This article first appeared on GuruFocus. Xiaomi Corp. (1810) shares rose 3.36% intraday in Hong Kong trading, supported by developments around artificial intelligence and its electric vehicle lineup. The main catalyst was Xiaomi stating that Hunter Alpha, a trillion-parameter AI model that surfaced anonymously on developer platform OpenRouter on March 11 and triggered speculation that it was DeepSeek's unreleased V4, was described by Xiaomi's MiMo AI team as an early internal test build of its MiMo-V2-Pro. Alongside the AI announcement, Xiaomi released the facelifted SU7 electric sedan on March 19, with pricing starting at 229,900 yuan ($32,900) and mass deliveries beginning immediately after launch. The model had accumulated over 100,000 preorders within two weeks of pre-sales opening on January 7, and the launch date was moved up from April to late March. The share move follows a period of weakness, with Xiaomi stock down roughly 40% from its prior peak amid concerns that rising memory prices could pressure margins.
Tucked along the shores of Lake Erie in northwestern Pennsylvania, Fairview School District serves around 2,000 students in a community that values educational excellence, even with limited resources. The district invested in digital assessments on iPad and Mac — and achieved exceptional test scores while continuing to see enrolment grow as families move to the district. “We are a pretty normal di...
Tucked along the shores of Lake Erie in northwestern Pennsylvania, Fairview School District serves around 2,000 students in a community that values educational excellence, even with limited resources. The district invested in digital assessments on iPad and Mac — and achieved exceptional test scores while continuing to see enrolment grow as families move to the district. “We are a pretty normal district. We don’t get a lot of state money,“ says Dr Justin Zona, Assistant to the Superintendent. “Anybody can do this, and it’s the right thing to do for the kids.” In 2016, Pennsylvania announced that standardised testing would go digital. For Fairview, that meant funnelling all students that participate in state assessments through a handful of computer labs — an impossible task. But the challenge became an opportunity. “It helped speed up our transition to 1:1 iPad across all grades,“ says Dr Zona.
The US president wanted an easy win, but the conflict is spiralling following Israel’s attack on a gas field and Iranian retaliation across the region Shortly after the US and Israel began their illegal assault on Iran , with the US president still preening himself over the kidnapping of Venezuela’s Nicolás Maduro the previous month, a state department official joked that Donald Trump had a new fo...
The US president wanted an easy win, but the conflict is spiralling following Israel’s attack on a gas field and Iranian retaliation across the region Shortly after the US and Israel began their illegal assault on Iran , with the US president still preening himself over the kidnapping of Venezuela’s Nicolás Maduro the previous month, a state department official joked that Donald Trump had a new foreign policy credo: “Decapitate and delegate”. It was a reversal of Colin Powell’s invocation of the “Pottery Barn rule” ahead of the invasion of Iraq: you break it, you own it. Gen Powell, then secretary of state, was warning that wars can escalate beyond expectation and are harder to exit than enter. It remains unclear what precisely the Trump administration expected from this conflict – perhaps not least to the White House itself – but it is certain that the president was not paying heed when people described the likely consequences. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
This article first appeared on GuruFocus. Markets may look calm on the surface, but one of the world's largest investors is starting to position for something very different. Nicolai Tangen, who runs Norway's $2.2 trillion sovereign wealth fund, returned from a Middle East visit just before the region descended into a conflict that has already begun reshaping energy markets and supply expectations...
This article first appeared on GuruFocus. Markets may look calm on the surface, but one of the world's largest investors is starting to position for something very different. Nicolai Tangen, who runs Norway's $2.2 trillion sovereign wealth fund, returned from a Middle East visit just before the region descended into a conflict that has already begun reshaping energy markets and supply expectations. The fund, which owns roughly 1.5% of global listed equities including major holdings such as Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL), is now mapping out a range of downside scenarios as geopolitical risks build. Tangen's framework draws on the idea that extended periods of stability can encourage risk-taking, leaving markets exposed when conditions shift. He outlined two scenarios that could carry meaningful implications for investors. The first centers on a renewed inflation shock, where disruption around the Strait of Hormuz could push oil prices above $100 per barrel and trigger broader supply-chain pressures. The second points to deeper geopolitical fragmentation, with trade relationships already strained by President Donald Trump's tariffs and the current conflict potentially widening divisions between the US and its allies. Internal stress testing suggests that a combination of weaker growth, disrupted trade, and lower corporate profitability could reduce the fund's equity portfolio by about 49% and its overall value by roughly 37%. At the same time, Tangen is also watching risks building inside the technology sector. While the fund sees artificial intelligence as a source of productivity gains, with estimates of around a 20% boost from AI tools, he has flagged concerns around elevated valuations and uncertain profit outlooks. Internal models suggest that a sharp correction in tech markets could cut more than half of the fund's equity value, highlighting how concentrated investor expectations have become. The broader message is not that these outcomes will nece...
From Brexit to fiscal rules to living costs, diagnoses multiply. Steel policy points to a missing link – the need for a strategy to rebuild The government has raised tariffs to protect the steel industry. It also nationalised the UK’s remaining blast furnaces last year to keep them running. Both moves point to the same conclusion: the current economic model is not working. A series of intervention...
From Brexit to fiscal rules to living costs, diagnoses multiply. Steel policy points to a missing link – the need for a strategy to rebuild The government has raised tariffs to protect the steel industry. It also nationalised the UK’s remaining blast furnaces last year to keep them running. Both moves point to the same conclusion: the current economic model is not working. A series of interventions from Labour’s Sir Sadiq Khan and Angela Rayner as well as the Green party leader, Zack Polanski , this week suggests that an economic debate on the centre-left and left of politics is under way. The disagreement is no longer about whether there is a problem. It is where the problem lies. Sir Sadiq, the London mayor, is right that Brexit has raised costs for businesses and households . Closer EU alignment would improve trade, investment and market access. That matters. But rejoining the EU won’t on its own rebuild the UK’s domestic capability. Ms Rayner points to a real institutional problem. If the Office for Budget Responsibility (OBR) understates the benefits of public investment, the state may be constraining itself unnecessarily. That matters too. However, changing the OBR model is not a strategy. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Electric boat startup Arc has raised a new $50 million funding round from the likes of Eclipse, Menlo Ventures, a16z, and others as it works to expand from the consumer market into tugboats, ferries, and defense vessels. Arc CEO Mitch Lee joins Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Electric boat startup Arc has raised a new $50 million funding round from the likes of Eclipse, Menlo Ventures, a16z, and others as it works to expand from the consumer market into tugboats, ferries, and defense vessels. Arc CEO Mitch Lee joins Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Key Points JPMorgan Equity Premium Income ETF is one of the kings of the options-based ETF space. Investors added $1.44 billion to the high-yield fund over the past month. Its three-month inflows are nearly double that amount. 10 stocks we like better than JPMorgan Equity Premium Income ETF › Saying that financial markets are overly turbulent at the moment may be a stretch, but investors can't be ...
Key Points JPMorgan Equity Premium Income ETF is one of the kings of the options-based ETF space. Investors added $1.44 billion to the high-yield fund over the past month. Its three-month inflows are nearly double that amount. 10 stocks we like better than JPMorgan Equity Premium Income ETF › Saying that financial markets are overly turbulent at the moment may be a stretch, but investors can't be blamed for feeling a bit jittery. The conflict in Iran and fears of artificial intelligence (AI) plaguing some software companies are credible reasons for market participants to take reserved postures. When that happens, defensive sectors and high-dividend strategies usually become favored destinations. So it's not surprising that the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) has recently been hauling in new assets at an impressive rate. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Over the past month, investors have poured $1.44 billion into this high-yield exchange-traded fund (ETF), but that's just the tip of the iceberg, and the fund's inner workings explain why it continues to be a favorite among income-hungry, volatility-avoiding investors. Investors are jumping for JEPI With $43.7 billion in assets under management (AUM), this ETF is already one of the largest in the derivative income category. That's a fancy way of saying a portion of this fund's income is generated through an options overlay. In this case, the managers sell out-of-the-money S&P 500 call options. That strategy is a driving force behind a 12-month rolling dividend yield of 8.4%. Not only is that yield appetizing to the hungriest of income investors, but it puts the JPMorgan ETF well ahead of other asset classes known for big yields, including real estate investment trusts (REITs), 10-year Treasuries, and junk bonds. Thi...
Saying that financial markets are overly turbulent at the moment may be a stretch, but investors can't be blamed for feeling a bit jittery. The conflict in Iran and fears of artificial intelligence (AI) plaguing some software companies are credible reasons for market participants to take reserved postures. When that happens, defensive sectors and high-dividend strategies usually become favored des...
Saying that financial markets are overly turbulent at the moment may be a stretch, but investors can't be blamed for feeling a bit jittery. The conflict in Iran and fears of artificial intelligence (AI) plaguing some software companies are credible reasons for market participants to take reserved postures. When that happens, defensive sectors and high-dividend strategies usually become favored destinations. So it's not surprising that the JPMorgan Equity Premium Income ETF (JEPI 0.60%) has recently been hauling in new assets at an impressive rate. Over the past month, investors have poured $1.44 billion into this high-yield exchange-traded fund (ETF), but that's just the tip of the iceberg, and the fund's inner workings explain why it continues to be a favorite among income-hungry, volatility-avoiding investors. Investors are jumping for JEPI With $43.7 billion in assets under management (AUM), this ETF is already one of the largest in the derivative income category. That's a fancy way of saying a portion of this fund's income is generated through an options overlay. In this case, the managers sell out-of-the-money S&P 500 call options. That strategy is a driving force behind a 12-month rolling dividend yield of 8.4%. Not only is that yield appetizing to the hungriest of income investors, but it puts the JPMorgan ETF well ahead of other asset classes known for big yields, including real estate investment trusts (REITs), 10-year Treasuries, and junk bonds. This ETF's appealing yield also goes a long way toward explaining why investors poured $2.3 billion into the fund since the start of 2026 and twice that amount over the past year. Yes, it's a case of the ETF rich getting richer, but there's validity in this fund's asset-gathering success. Some of that credibility is derived from this fund's defensive holdings-level positioning. Expand NYSEMKT : JEPI JPMorgan Equity Premium Income ETF Today's Change ( -0.60 %) $ -0.34 Current Price $ 56.43 Key Data Points Day's Rang...
Charday Penn/E+ via Getty Images In the months that followed my last coverage of PLDT, Inc. ( PHI ), we saw how it regained its strength and proved it deserved to be the other half of the telco duopoly along with Globe. My concerns about the increasing competitiveness of Converge made sense in all honesty. However, I also didn’t realize that PLDT is already a well-established and well-equipped tel...
Charday Penn/E+ via Getty Images In the months that followed my last coverage of PLDT, Inc. ( PHI ), we saw how it regained its strength and proved it deserved to be the other half of the telco duopoly along with Globe. My concerns about the increasing competitiveness of Converge made sense in all honesty. However, I also didn’t realize that PLDT is already a well-established and well-equipped telco giant with vast network coverage and continued innovation, including digital finance. Today, the Philippine stock market is being tested once again as panic rises amid higher oil prices and potential stagflation. Despite this, I believe that PHI is still an ideal defensive player in my portfolio. PLDT 2025: A Solid Yearend In recent years, the Philippine or PH government has increased its efforts to make the telco sector more competitive by accepting newcomers like Converge and DITO Telecom. This was aimed at protecting consumer interests and promoting fairness in the industry. After all, it has been operating and dominating the industry for a long time along with Globe Telecom. Even so, PLDT remains solid, supported by the continued digital transformation and data center expansion. We can see it in its most recent performance. For the whole year, its operating revenue amounted to PHP 218.4B , up by 0.7% YoY from PHP 216.8B. This shows sustained growth amid macroeconomic volatility in the country and increased competition. Of course, one cannot simply ignore the slowing revenue growth in recent quarters. In fact, its Q4 revenues weakened by 1.4% YoY, unlike in the first three quarters of 2025, which reported positive growth. If you look at its average revenue per unit or ARPU, you can see the notable decrease in its Fiber segment. The consolation is that the mobile segment remained stable, particularly its Smart Prepaid. ARPU (PLDT 2025 ) Subscribers (PLDT 2025 ) On a lighter note, PLDT maintains a solid subscriber base. Its mobile subscribers increased by 901,713 subscr...
Rosenblatt Securities raised its price target on Nvidia (NVDA) to $325 from $300 on March 18, maintaining a buy rating, as analyst Kevin Cassidy updated his financial model following management meetings with analysts. The new target implies roughly 77% upside from the March 16 closing price of ...
Rosenblatt Securities raised its price target on Nvidia (NVDA) to $325 from $300 on March 18, maintaining a buy rating, as analyst Kevin Cassidy updated his financial model following management meetings with analysts. The new target implies roughly 77% upside from the March 16 closing price of ...
Tesla allegedly fired a disabled employee after she collapsed with seizures at work and asked for shorter shifts, a new federal lawsuit claims. Lakeisha Ward, a former Post Order Support representative at Tesla's Nevada operations, filed suit on March 18 in the U.S. District Court for the District of Nevada (Ward v. Tesla, Inc., Case No. 2:26-cv-00800), bringing ten claims including disability dis...
Tesla allegedly fired a disabled employee after she collapsed with seizures at work and asked for shorter shifts, a new federal lawsuit claims. Lakeisha Ward, a former Post Order Support representative at Tesla's Nevada operations, filed suit on March 18 in the U.S. District Court for the District of Nevada (Ward v. Tesla, Inc., Case No. 2:26-cv-00800), bringing ten claims including disability discrimination, harassment, retaliation, failure to accommodate, and intentional infliction of emotional distress. Ward disclosed her sickle cell disease when she was hired in October 2024, according to the filing. The trouble started in April 2025, when she told her supervisor she was feeling unwell. Despite her report, Tesla directed her back to work. She then suffered two back-to-back seizures in a hallway, collapsed twice, and was taken to the hospital by ambulance. The company did not file an incident report, the suit says.
champc The S&P 500 ( SP500 ) moved lower on Thursday afternoon, falling about 0.5% as investors maintained a cautious, risk-off stance amid escalating tensions in the Middle East. Heightened geopolitical uncertainty has weighed on broader market sentiment, limiting upside momentum for equities. Despite the broader decline, pockets of strength remain. Technical data shows that 15 S&P 500 constituen...
champc The S&P 500 ( SP500 ) moved lower on Thursday afternoon, falling about 0.5% as investors maintained a cautious, risk-off stance amid escalating tensions in the Middle East. Heightened geopolitical uncertainty has weighed on broader market sentiment, limiting upside momentum for equities. Despite the broader decline, pockets of strength remain. Technical data shows that 15 S&P 500 constituents currently carry relative strength index readings above 70, signaling overbought conditions. The divergence highlights selective resilience in certain stocks even as overall market sentiment remains subdued. Outlined below are the 15 most overbought S&P 500 stocks according to the RSI indicator: APA Corporation ( APA ), RSI of 81.73. EOG Resources ( EOG ), RSI of 76.54. Chevron Corporation ( CVX ), RSI of 75.96. LyondellBasell Industries ( LYB ), RSI of 75.22. Phillips 66 ( PSX ), RSI of 74.72. ConocoPhillips ( COP ), RSI of 73.93. Valero Energy ( VLO ), RSI of 73.68. Occidental Petroleum ( OXY ), RSI of 73.38. Marathon Petroleum ( MPC ), RSI of 73.23. Devon Energy ( DVN ), RSI of 73.19. Ciena Corporation ( CIEN ), RSI of 72.76. Diamondback Energy ( FANG ), RSI of 72.16. Coterra Energy ( CTRA ), RSI of 71.45. EQT Corporation ( EQT ), RSI of 71.32. Dow Inc. ( DOW ), RSI of 70.73. S&P 500 ETFs: ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( FXAIX ), ( VFIAX ), ( VFFSX ), and ( SWPPX ). More on markets S&P 500 breaks below its 200-day MA and hits a 4-month low as yields pop US2Y climbs to a 7-month high as the Fed dampens rate cut expectations UK Gilt yields skyrocket on BOE pause, U.S. Treasuries follow as rate cut hopes fade 15 dividend stocks offering a 4% yield and double-digit returns in 2026 S&P 500’s 15 most oversold stocks
Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years. It comes as China’s embrace of OpenClaw-style agentic AI has handed rival Tencent an initial advantage. Jacob Cooke, CEO of WPIC Marketing + Technologies, discusses the AI landscape in China with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years. It comes as China’s embrace of OpenClaw-style agentic AI has handed rival Tencent an initial advantage. Jacob Cooke, CEO of WPIC Marketing + Technologies, discusses the AI landscape in China with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Billionaire Elon Musk has long clashed with tech giant Apple Inc, most recently over its iOS app store practices. Now, Musk may be intensifying that battle with more public criticism of the company. Musk Calls Out iOS App Store Apple will celebrate its 50th anniversary next month, but its app store is relatively new, having launched in 2008 alongside the iPhone 3G. Today, it’s home to millions of ...
Billionaire Elon Musk has long clashed with tech giant Apple Inc, most recently over its iOS app store practices. Now, Musk may be intensifying that battle with more public criticism of the company. Musk Calls Out iOS App Store Apple will celebrate its 50th anniversary next month, but its app store is relatively new, having launched in 2008 alongside the iPhone 3G. Today, it’s home to millions of apps created by Apple and third-party companies. Over the years, however, Apple's App Store has been the subject of lawsuits by Musk and others. The iOS App Store has also been scrutinized for its lengthy delays in approving new apps or updating existing ones. Don't Miss: "How long is App Review taking for everyone these days? It is now taking longer to get our app approved than it is to build the actual features," X Head of Product Nikita Bier recently tweeted. Musk quote tweeted the post from his X employee and added his take. "iOS App Review delays are getting ridiculous," Musk tweeted. Bier didn't say exactly what the review process was for as it could be related to updates to the X app. Musk has said previously that X Money could launch in April. The launch of X Money could lead to users needing to update their app. See Also: Disney Was Built on Character IP — This Pre-IPO Company Is Using the Same Playbook Elon Musk vs. Apple In August 2025, Musk filed a lawsuit against Apple and OpenAI, alleging that the tech giant engaged in unfair practices by favoring OpenAI's ChatGPT over other chatbots, such as Grok, which is owned by Musk's xAI. "A tale of two monopolies joining forces to ensure their continued dominance," the lawsuit reads. The lawsuit also alleges that Apple has "locked up markets" to keep other companies from competing against ChatGPT. X Corp alleges that Apple violated antitrust laws with ChatGPT the only AI integrated into Apple Intelligence features. The suit also claims Apple highlighted ChatGPT in its "must-have apps" and pushed rivals like Grok further...
Quantum computing has been hyped to the gills, but the nascent platform does have the potential to revolutionize industries. By dropping bits to leverage qubits via “entanglement” and “superposition," quantum could offer up solution sets well beyond the reach of traditional methods. It could radically advance biotech and the material sciences, with a projected $2 trillion economic impact by 2035. ...
Quantum computing has been hyped to the gills, but the nascent platform does have the potential to revolutionize industries. By dropping bits to leverage qubits via “entanglement” and “superposition," quantum could offer up solution sets well beyond the reach of traditional methods. It could radically advance biotech and the material sciences, with a projected $2 trillion economic impact by 2035. Of course, it might not be all benign. Quantum may spawn a cybernetic chaos as the traditional cryptography that girds our military security, financial systems, and personal privacy is blown sky high, like chaff to the wind. The head-long corporate rush to quantum is also a sprint to head off quantum espionage , its evil twin. So the stakes are high. Despite the incipience of the tech, many “pure play” quantum companies have gone public over the years, and the ETF industry has now embraced the theme as relevant. Launched in September 2018, Defiance Quantum ETF ( QTUM ) is the most established player, with an impressive $3.45 billion under management. In contrast, WisdomTree Quantum Computing Fund ETF ( WQTM ) is its latest rival, first trading on October 9 th , 2025. Both funds offer interesting, if different investment strategies for the sector. However, QTUM is the better ETF to cope with today's deteriorating market conditions. Its expansive approach gives it more discretion to invest in many more facets of the quantum tech ecosystem. The Two ETF and Their Holdings QTUM is an ETF that seeks broad exposure to companies engaged in quantum computing, machine learning, and related technologies. A passive fund, it tracks the BlueStar Quantum Computing & Machine Learning Index , which institutes an “equal-weighted” portfolio of global stocks. The fund is not cheap with an expense ratio of .40%, but it has demonstrated strong performance and offers an investor informed, diversified exposure to these still volatile segments of tech. It had a five star Morningstar rating for its ...