Author: arthursheikin@gmail.com

[ad_1] Ex-Kroger CEO Rodney McMullen can breathe a sigh of relief — for now.An Ohio judge has sided with McMullen, ruling in a recent order that he does not have to face deposition questioning about his resignation from the supermarket giant as part of a lawsuit involving the singer-songwriter Jewel.Attorneys representing a business owned by Jewel wanted to question McMullen about his exit as part of a contract breach lawsuit filed against Kroger in 2023.McMullen’s attorneys argued in court documents that his March resignation has nothing to do with the “You Were Meant For Me” singer’s lawsuit and that lawyers’…

[ad_1] Apple is expected to unveil the new iPhone 17 at its Sept. 9 launch event , but investor Peter Andersen is far from excited to see the company’s latest lineup of releases. Andersen, the founder and chief investment officer of Andersen Capital Management, joined CNBC’s ” Power Lunch ” on Monday to offer his take on the iPhone maker, as well as a few other market movers. Here’s what Andersen had to say during the “Power Check” segment. Apple Apple shares traded 1% lower on Monday ahead of its Tuesday launch event, which takes place at its campus at…

[ad_1] (These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator.) -Stocks are held snugly in place by familiar support from several of the largest stocks and undisturbed expectations that lower Treasury yields and Fed rate cuts are happening for the “right” reasons. -After Friday’s worse-than-hoped jobs report sent a brief chill through consumer and financial stocks, the tape quickly firmed up, with Wall Street refusing to extrapolate the numbers to a lasting signal that the economy is sputtering. -It’s fair to ask why the market is so calm — holding to full valuations with…

[ad_1] Palmer Luckey just added a new vehicle to his collection — one that flies.Over the weekend, Luckey took the Jetson One for a spin. The electric VTOL (vertical take-off and landing) aircraft was first announced in 2021, spawning a flurry of news about the future of flying vehicles. Almost four years later, Jetson completed its first worldwide delivery to the Oculus and Anduril cofounder.In a video of his test flight, Luckey “christened” the vehicle by removing what appeared to be the protective plastic covering the aircraft’s control panel. Jetson founder and CTO Tomasz Patan and CEO Stéphan D’haene assisted in…

[ad_1] The Goldman Sachs and T. Rowe Price partnership is the latest step to bring alternative assets to 401(k) participants — and it won’t be the last, as the industry gears up to expand the offerings. On Thursday, the two firms announced their collaboration to offer funds that provide access to private markets for retail investors. It came about a month after President Donald Trump signed an executive order that paved the way to increase the availability of alternative assets such as cryptocurrencies and private equity in 401(k)s and other defined-contribution plans. The plans are governed by the Employee Retirement…

[ad_1] I’ve been testing home entertainment products for over a decade, so I have lots of experience with different TV brands. Year after year, LG’s displays are among the top options I review, and the company is an especially good choice if you’re looking for an OLED TV. That said, certain models are definitely better than others. To help you find the right set for your needs, I’ve picked the best LG TVs for different budgets and viewing habits.The C4 OLED is my top recommendation as the best LG TV overall. This midrange display offers an exceptional balance between price…

[ad_1] AI needs a better brain — and Edo Liberty is building it. At TechCrunch Disrupt 2025, happening October 27–29 at Moscone West in San Francisco, Pinecone founder and CEO Edo Liberty will explain why the next wave of AI-native apps won’t be driven by bigger models, but by smarter search. With 10,000+ startup and VC leaders expected to be at Disrupt, this AI Stage fireside chat and presentation is a must-attend session. The future of AI isn’t more data — it’s better retrieval As AI becomes more embedded in every workflow, the real differentiator isn’t just the algorithm —…

[ad_1] Cognition AI, the startup behind AI coding agent Devin, has hit a $10.2 billion valuation after raising $400 million, marking a jump from the company’s $4 billion valuation earlier this year, reports Bloomberg.  Founders Fund, the Peter Thiel-backed VC, led Cognition’s latest round, with participation from existing investors like Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Definition Capital and Swish Ventures. In July, Cognition acquired AI coding startup Windsurf, just days after Google poached the startup’s CEO, co-founder, and research leads. The raise comes after serious growth for Cognition’s core product. The startup’s annual recurring revenue from Devin has…

[ad_1] Google is expanding AI Mode — its AI-powered Search experience — to five new languages, opening access to additional users around the world, after being limited to English for over six months. On Monday, Google announced that AI Mode will now support Hindi, Indonesian, Japanese, Korean, and Brazilian Portuguese. The update follows last month’s rollout of the AI-powered experience to 180 new markets in English, after initially launching in the U.S. and later expanding to the U.K. and India. “With this expansion, more people can now use AI Mode to ask complex questions in their preferred language, while exploring…

[ad_1] AppLovin (APP) surged to new all-time highs Monday, gaining 12% and adding roughly $14 billion to its market capitalization, as it officially joined the S & P 500 Index. The breakout through final resistance is a bullish technical development, acting as a positive catalyst and clearing the chart of overhead supply. Breakouts are most reliable when sustained for a few days. For APP, we would like to see the stock price hold above the prior resistance level of $525 into next week to reduce the risk of a buying climax. This would validate the breakout. With the stock at…