Author: arthursheikin@gmail.com

[ad_1] Welcome back to Week in Review! Got lots for you today, including why Windsurf lost access to Claude, ChatGPT’s new features, WWDC 2025, Elon Musk’s fight with Donald Trump, and lots more. Have a great weekend! Duh: During an interview at TC Sessions: AI 2025, Anthropic’s co-founder had a perfectly reasonable explanation for why the company cut access to Windsurf: “I think it would be odd for us to be selling Claude to OpenAI,” Chief Science Officer Jared Kaplan said, referring to rumors and reports that OpenAI, its largest competitor, is acquiring the AI coding assistant. Seems like a…

[ad_1] While the online feud between Elon Musk and President Donald Trump seemed to drive traffic to Musk’s social media platform X (formerly Twitter), it could also create issues for the platform’s parent company xAI. Musk merged X and xAI earlier this year, with Bloomberg reporting this week that he was looking to raise $5 billion in debt (as well as a reported $300 million in a secondary sale) to fund the combined company. That’s led to some awkward moments as Musk’s relationship with his former ally Trump seemed to disintegrate. In fact, The Wall Street Journal reports that on…

[ad_1] CNN  —  Demonstrations against tech billionaire Elon Musk are continuing, even after the Tesla CEO stepped away from his role leading the Department of Government Efficiency and engaged in an all-out feud this week with Donald Trump over the president’s massive tax and domestic policy bill known as the “big, beautiful bill.” Musk, who contributed $288 million to Trump’s 2024 presidential campaign, called the bill a “disgusting abomination” just days after announcing he would leave DOGE, his federal cost-cutting project. As the two traded jabs, Trump threatened to cut government contracts for Musk’s companies and Musk claimed that “Trump…

[ad_1] Meta’s CTO Andrew Bosworth said he doesn’t think smart glasses will be able to replace smartphones in the near future.”That’s ways off. Smartphones are incredible and it’s not just they are great devices and they are convenient. We are used to them,” he said during an interview at the Bloomberg Tech summit in San Francisco on Wednesday.Bosworth said that smartphones benefit from having an “incredibly entangled ecosystem of software connected to the rest of the world around us.” This makes it slower and harder for people to switch over to smart glasses, he added.”So I think that will take…

[ad_1] Now entering the ring: Vice President JD Vance.Appearing on an episode of “This Past Weekend w/ Theo Von,” the vice president weighed in on the public feud that erupted this week between Elon Musk and President Donald Trump.Musk and Trump became embroiled in the spat after the Tesla CEO called Trump’s “big, beautiful” spending bill a “disgusting abomination” on Tuesday.”I think it’s a huge mistake for him to go after the president like that,” Vance told podcast host Theo Von in the interview, which was recorded Thursday and released Saturday. Vance had posted to X about recording the podcast…

[ad_1] A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020.Steve Marcus | ReutersThe rare-earth miner MP Materials will enjoy growing strategic value to the U.S., as geopolitical tensions with China make the supply of critical minerals more uncertain, according to Morgan Stanley.The investment bank upgraded MP Materials to the equivalent of a buy rating with a stock price target of $34 per share, implying 32% upside from Friday’s close.MP Materials owns the only operating rare earth mine in the U.S. at Mountain Pass, California. China dominates…

[ad_1] GE Aerospace and Howmet Aerospace are vulnerable to pullbacks after entering deep overbought territory this week. Each stock climbed more than 3% this week, outperforming the S & P 500 ‘s 1.5% gain in the same period. The stocks have come so far so fast that now GE Aerospace and Howmet have the two highest 14-day relative strength index, or RSI, readings in the S & P 500. CNBC Pro used its stock screener tool available for subscribers to find the most oversold stocks as measured by the 14-day RSI. Stocks that have a 14-day RSI above 70 are…

[ad_1] Bank of America thinks there’s a slate of stocks worth snapping up and still have room to run. The firm said buy-rated companies like Nvidia have plenty of upside heading into summer. Other names include Philip Morris, Boot Barn, Amazon and Netflix . Netflix The streaming giant is firing on all cylinders and well positioned for growth, according to the firm. Analyst Jessica Reif Ehrlich recently raised her price target on the stock to $1,490 per share from $1,175, reflecting on her bullish thesis. “Year-to-date, Netflix has been a top performer in our coverage driven by: sustained earnings momentum,…

[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldPrivate equity groups are overhauling their exit strategies after accepting that a years-long downturn in initial public offerings is unlikely to end soon. Buyout executives at the industry’s annual European conference this week said they were prioritising other options for exiting their investments, including breaking up businesses to sell them off in smaller parts or selling companies to themselves via “continuation funds”. “I can’t remember in my 20 years of growth equity investing, not having an IPO window open…

[ad_1] I’m 36 and constantly worry about making enough money to support my small family of three: myself, my mother, and her mother.Nearly three years ago, we made a big decision to help my mother with her expenses by allowing her to move in at 55 years old. My mom had some significant debts to pay down — partly because being single and underpaid in this economy is expensive, but also because my mother has historically been bad at managing her personal finances.Well, the apple didn’t fall far from the tree. My grandmother (my mom’s mom) is still working at…