Author: arthursheikin@gmail.com

[ad_1] Y Combinator founders are getting younger and are expected to move faster than ever because of AI, recent participants told Business Insider.Each tenet of the startup incubator’s latest requests for startups described companies with AI at their core, and roughly 70 of the 143 startups in the spring batch were focused on agentic AI.AI is “deep within YC,” one founder who recently completed the program and asked not to be identified to speak freely told Business Insider. Cohorts are dominated by AI companies, and the accelerator’s internal Bookface platform is increasingly recommending AI tools for founders, they said.Akash Sharma,…

[ad_1] The big day is here: More of President Donald Trump’s so-called Liberation Day tariffs are going into effect after many of his proposals were paused or rolled back.All the back-and-forth makes it difficult to keep track of where they all stand and how they might influence prices.On a broad scale, the price jumps economists and companies have predicted are slowly trickling into US economic data; the year-over-year inflation rate climbed to 2.7% in June, up from 2.4% the month prior, as more companies raised prices in response to tariff threats.Nike, for example, said it would raise prices to offset…

[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We have a lot of consumer discretionary stocks on our Best Stocks in the Market list these days — from eBay and Flutter Entertainment to Carvana and Royal Caribbean . But we don’t have a lot of retailers. Today, we’re taking a look at one of the best technical set-ups on the list and a company that has fundamentally outperformed its competitors across every important metric. TJX owns and operates the T.J. Maxx brand as…

[ad_1] Quant hedge funds might have finally seen the light at the end of the tunnel.After weeks of minor losses that one fund executive described as a “long, slow bleed,” systematic funds ended July with a strong week, according to a note sent by Morgan Stanley to clients after trading last Thursday.The note stated that July’s final week clawed back roughly 30% of quant losses for the month, “softening the blow for what’s otherwise been a strong year.” A note from Goldman Sachs’ prime brokerage unit said stock-picking quants ended July down 2%, bringing the average fund’s annual return to…

[ad_1] After a second-quarter earnings beat, Airbnb CEO Brian Chesky shared his thoughts on the company’s AI strategy, cautioning investors that AI chatbots can’t yet be thought of as the “new Google.” That is, AI chatbots, while potentially driving new leads to the travel and services business, aren’t entirely a replacement for the referrals that the dominant search engine brings. At least not at this time. “I think we’re still kind of feeling out the space,” the exec told investors on the Q2 earnings call. “The thing I want to caution is I don’t think that AI agents — I…

[ad_1] Duolingo announced on Wednesday that it beat its quarterly revenue estimates, even though the company faced widespread backlash for choosing to embrace generative AI over human workers. Duolingo stock rose almost 30% on the news. In April, CEO Luis von Ahn shared that Duolingo would become an “AI-first” company, phasing out its use of contract workers. He also discouraged teams from hiring more employees, unless the team is unable to automate more of its work. With the use of generative AI, Duolingo introduced 148 new language courses, more than doubling its previous offerings. “Without AI, it would take us…

[ad_1] The job market might be weakening, but that doesn’t mean your career has has to.There are steps you can take to level up your work — and that might be more important than ever.It’s not just that some companies are being slower to hire. Workers tend to hold greater responsibility for the shape of their careers than they did five to 10 years ago, when employers often played a bigger role, Lisa Walker, a managing partner at the executive search firm DHR Global, told Business Insider.”You have to be vigilant about managing your own career,” she said.Here are three ways…

[ad_1] Glass cover and materials stocks Corning and Coherent stand to gain from Apple’s plan to invest billions in the U.S., according to analysts. Both were named strategic partners as Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday and pledged to invest $600 billion domestically over a four-year period and step up its U.S. manufacturing. Corning and Coherent already have “long standing” ties with the iPhone maker’s U.S. plants, said Morgan Stanley analyst Meta Marshall. She noted that Corning already produces 100% of the cover glass for Apple’s phones and tablets. “There are additional…

[ad_1] X owner Elon Musk told advertisers in a live discussion on Wednesday that the platform plans to introduce ads in Grok’s responses, as reported by the Financial Times. The move would help power X’s struggling ads business following the departure of former CEO Linda Yaccarino. “Our focus thus far has just been on making Grok the smartest, most accurate AI in the world and I think we’ve largely succeeded in that,” Musk said during the broadcast. “So we’ll turn our attention to how do we pay for those expensive GPUs.” Musk told advertisers that X would allow marketers to…

[ad_1] AI startup Perplexity is powering a new AI-powered search engine on Truth Social, President Donald Trump’s social media platform.  The search engine, dubbed Truth Search AI, is already available on the web version of Truth Social, with public Beta testing on its iOS and Android apps planned for “the near future.” Trump Media said in a press release that Perplexity’s tech provides “direct, contextually accurate answers with transparent citations” which will help Truth Social “exponentially increase the amount of information available” to users. Nonetheless, the social media platform maintains control over which sources of information the AI search engine…