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[ad_1] Mark Cuban wants to target a favorite weapon of American corporations: stock buybacks.In an X post on Tuesday, the billionaire investor said raising the federal tax on the practice would push companies to reinvest in their businesses and hit wealthy shareholders — including himself — the hardest.The “Shark Tank” star called it “a way to charge the biggest public companies more” while shifting incentives toward long-term growth.Stock buybacks, also called share repurchases, happen when a company buys back its stock from investors, often reducing the number of shares in circulation.This can boost earnings per share and, in turn, the…

[ad_1] 2025-08-13T14:02:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I moved from the Midwest to Florida with my husband five years ago, and it’s come with surprises. Summers are more brutal than we expected, and we’ve been surprised by the high cost of living. We were also surprised by the Panhandle’s strong Southern culture and wooded landscape.…

[ad_1] Roblox has been slammed as a “hunting ground for child-sex predators” in a new lawsuit against the online gaming giant that alleges it caused the sexual exploitation of a 9-year-old boy.The lawsuit, filed late last week in a Georgia state court by an anonymous DeKalb County mother and her young son, accuses Roblox of negligence as well as prioritizing growth over child safety.It follows a recent wave of similar lawsuits lodged against the $90 billion company that accuse the popular gaming platform of not doing enough to safeguard children from pedophiles.In a statement to Business Insider on Tuesday, a…

[ad_1] Goldman Sachs is turning more bullish on CACI International . Goldman double-upgraded the cybersecurity, cloud and defense stock to buy from sell on Wednesday and raised its price target to $544 per share from $407. Goldman’s forecast implies about 14% upside from Tuesday’s $477.23 close. Analyst Noah Poponak said CACI has emerged as the “best positioned company” in the information technology sector since the Trump administration took power earlier this year, especially since the stock is cheaper than some of its peers. The analyst also said he expects the company “to grow faster than peers over the medium-term.” Shares…

[ad_1] (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are looking for opportunities in the crypto space and cyclicals with optimism growing for a quarter-point rate cut from the Federal Reserve in September. Worldwide Exchange Pick: Ethereum Tom Lee of Fundstrat is increasingly bullish on Ethereum, seeing a potential Federal Reserve rate cut as a tail wind and a forecast of $7,500 by year end from Standard Chartered as being conservative. “7,500 might even be on the low end of…

[ad_1] Here are Wednesday’s biggest calls on Wall Street: Wells Fargo reiterates Dell as overweight Wells Fargo said shares of Dell have more room to run. “We continue to see Dell as best-positioned AI server momentum story.” Goldman Sachs reiterates Broadcom as buy Goldman Sachs raised its price target on Broadcom to $340 per share from $315 ahead of earnings on Sept. 4. “We believe expectations are elevated heading into the quarter, but many investors are positioned cautiously given elevated valuation, Street numbers which incorporate healthy growth in 2026, and few near-term catalysts.” Cantor Fitzgerald initiates Travelers as overweight Cantor…

[ad_1] OpenAI is tweaking GPT-5’s personality after some users complained about the new chatbot’s tone — and the brief loss of its predecessor.Sam Altman posted on X on Tuesday that the update would make GPT-5 “warmer” than the current version but “not as annoying (to most users)” as the company’s previous flagship model, GPT-4o.”You can now choose between ‘Auto,’ ‘Fast,’ and ‘Thinking’ for GPT-5,” the OpenAI CEO said, adding that GPT-4o is once again available for selection to paid customers. He also said OpenAI is working toward “more per-user customization of model personality.”Updates to ChatGPT:You can now choose between “Auto”,…

[ad_1] When NeoLogic started building its more energy-efficient CPUs for AI servers, folks in the industry told its founders Avi Messica and Ziv Leshem that their idea wasn’t viable. “Most of the people that we have met say it’s impossible,” Messica told TechCrunch. “Some of them told us, at the time, that the innovation is impossible because you cannot innovate in logic synthesis. You can’t innovate in circuit design. It’s too mature.” Israel-based NeoLogic nevertheless set out to prove them wrong, and the fabless semiconductor startup has been building a server CPU that uses more simplified logic — how a…

[ad_1] Patrick Stokes has been with Salesforce for over a decade — but he’s had a number of roles during that time. The executive vice president of product and industries marketing told Business Insider he feels uncomfortable when he’s not learning.When deciding on a career change, though, Stokes said he finds that often people “think too narrowly” about switching roles. For example, they may only want to change roles if they feel like they’re moving up on the organization chart.”It’s really hard to find that sometimes,” Stokes said.Stokes said he likes to play chess, and there’s a concept in the…

[ad_1] Tom Farley, chief executive officer of Bullish Global, during a Bloomberg Television interview on the sidelines of the Consensus Crypto Conference in Hong Kong, China, on Wednesday, Feb. 19, 2025. Lam Yik | Bloomberg | Getty ImagesCryptocurrency exchange Bullish has priced its initial public offering at $37 per share, above the expected range of $32 to $33 and giving it a total market value of $5.4 billion.The company will raise $1.1 billion in the offering of 30 million shares. In a measure of increased investor appetite, Bullish expanded the number of shares sold in the IPO from 20.3 million, which…