Author: arthursheikin@gmail.com

[ad_1] Microsoft employees should strap in for another year of “intensity,” according to the software giant’s top finance executive.Chief Financial Officer Amy Hood sent an email to employees on Wednesday after the company reported a $27 billion quarterly profit, telling them the year ahead will require “intensity, clarity, and bold execution.”Hood sends out these emails every quarter when Microsoft discloses its financials. Her missives mostly rehash what the company reports publicly, such as how revenue and profit are growing.Sometimes, though, Hood’s emails provide insight into what the company’s top executives deem most important and what they want employees to know.This…

[ad_1] Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure, like data centers and servers.  “We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.  That’s an aggressive capex growth, and one that Meta plans to continue onwards to 2026. The company said it expects a similarly large increase in spend on…

[ad_1] 2025-07-30T20:56:53Z 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. Shannon Sharpe isn’t returning to ESPN. The NFL Hall of Famer settled a lawsuit accusing him of rape in mid-July. Sharpe also hosts the “Club Shay Shay” and “Nightcap” podcasts, which are not part of ESPN. ESPN is cutting ties with Shannon Sharpe after he settled a lawsuit…

[ad_1] If you’ve been hearing about Trump’s AI Action Plan and wondering who it actually benefits, you’re not alone. On today’s episode of Equity, Rebecca Bellan caught up with Amba Kak and Dr. Sarah Myers West from the AI Now Institute, a think tank focused on the social implications of AI and the consolidation of power in the tech industry. Their recent report, dubbed Artificial Power, lays out the political economy driving today’s AI frenzy and what’s at stake for everyone else. Artificial Power pushes back on what AI Now calls the “too big to fail” myth, arguing that AI…

[ad_1] Maui experienced “a very active fire season” in 2019, Fire Services Chief Rylan Yatsushiro told The Maui News in December that year. Throughout the year, 25,000 acres burned, according to The Maui News, compared to the 3,900 burned acres in 2018.Winfrey shared on X that she had opened her private road to help citizens evacuate on July 12, 2019.”Access to the road was given to county officials immediately. This was many hours ago. Hoping for the safety of all,” she wrote.The official account of the governor of Hawaii reposted her message on X, writing, “A big mahalo to @Oprah…

[ad_1] Income-focused investors can find attractive dividends in the market right now, but should dig beneath the surface before buying, according to Bank of America. High dividend yields can sometimes mask issues inside companies. Those payout can also be in danger of being cut if corporations run into trouble. For example, Whirlpool currently yields over 8%, but said Monday it’s planning to reduce its quarterly dividend to 90 cents a share, from $1.75 a share. In addition, the appliance maker slashed its full-year guidance, saying tariffs were causing competitors to stockpile Asian imports in the U.S. That said, there are…

[ad_1] The logjam that’s hobbled the US housing market all year won’t let up, and there’s new data to show how badly things are stuck in 2025. On Wednesday, the National Association of Realtors released a new report showing that pending home sales in the US decreased 0.8% from May to June. Year-over-year pending sales dropped 2.8%. The trade association’s Pending Home Sales Index (PHS) measures housing contract activity, based on signed real estate contracts for existing single-family homes, condos, and co-ops.The decline in June isn’t for lack of inventory to lure prospective buyers. On the contrary, the number of…

[ad_1] When I got divorced, my two children and I moved back to the house I owned before I was married, which we’d kept as a rental property. At 800 square feet, the two-bedroom cottage is ideal for two people, but it’s a tight squeeze for three. My 13-year-old son got the smaller bedroom, while my 9-year-old daughter and I shared the larger one.By the time my son was in high school and my daughter in middle school, they both desperately wanted their own space and more independence.However, we live in Denver, one of the most expensive cities in the…

[ad_1] The Federal Reserve held rates steady for the fifth time this year, a decision that will affect how much Americans pay for their homes, credit cards, and cars.The federal funds rate — which has a target range of 4.25% to 4.50% — is the Fed’s benchmark short-term interest rate that banks and credit unions use to borrow and lend excess reserves to one another. While that doesn’t directly impact consumers, banks use the information to determine what interest rates to set for small businesses, homeowners, and credit card users.The central bank makes its rate calls based on key indicators…

[ad_1] We first profiled Veralto (VLTO) back in April 2024 as the stock was advancing and breaking out of a bullish pattern — one of the first breakouts it experienced since going public in September 2023. That helped kick-start a great run, which abruptly ended in October after a bad reaction to earnings. The stock then fell steadily through April, finally bottoming when the market pivoted. Along the way, VLTO constructed a substantial potential bullish inverse head-and-shoulders pattern. VLTO reported earnings again Monday, and the initial reaction was strong enough for the stock to finish above the breakout zone. If that can persist,…