Author: arthursheikin@gmail.com
[ad_1] Aerospace and defense stocks have experienced strong gains through the course of 2025. While shares of L3Harris Technologies (LHX) have demonstrated positive momentum over the past four months, a recent breakout suggests further upside potential for this defense giant. The daily chart of LHX turned quite bullish in mid-May when the price pushed above $220. This breakout propelled the stock above the 200-day moving average as well as key resistance from the January, March, and April highs. Note how the RSI became overbought on that breakout, confirming strong upside momentum during this uptrend phase. We also observed a series of secondary breakouts…
[ad_1] Champpixs | Istock | Getty ImagesBrian Lovern started his career pointing at storm systems on a green screen as a local TV weatherman in western Kentucky. More than two decades later, he was staring at natural-gas price charts, turning forecasts into profits, producing annual returns upwards of 100%.Lovern, 49, had made the unusual jump from broadcast meteorology to Wall Street, working on weather desks at hedge funds and investment banks. But trading wasn’t part of the job.”On the trade floors, in most cases, that’s not going to happen,” he said in an interview. “They kind of frown upon weather…
[ad_1] One of Uber’s freshest offerings aims to deliver fruits and vegetables to users at a discount — and reinvigorate the grocery wars with rivals like Amazon.On Thursday, Uber said it would release a “Fresh Days” feature that lets some users find discounts of up to 50% on fresh produce, meat, and dairy items. The weekly offer will have its own banner in the Uber Eats app, the company said.The move is Uber’s latest effort to dominate in grocery delivery. It’s a crowded field with competition from companies like Amazon, which has been expanding its delivery range and partnerships with…
[ad_1] OpenAI is launching a new feature inside of ChatGPT called Pulse, which generates personalized reports for users while they sleep. Pulse offers users five to 10 briefs that can get them up to speed on their day and is aimed at encouraging users to check ChatGPT first thing in the morning — much like they would check social media or a news app. Pulse is part of a broader shift in OpenAI’s consumer products, which are lately being designed to work for users asynchronously instead of responding to questions. Features like ChatGPT Agent or Codex aim to make ChatGPT…
[ad_1] Citadel Founder and CEO Ken Griffin said on Thursday that megacap technology name Apple shouldn’t receive any exemption from President Donald Trump’s tariffs . In an interview with CNBC’s Sara Eisen, the billionaire said that the iPhone maker should “100% not” be waived from the duties related to importing its devices, a majority of which have historically been manufactured overseas in China. The company has also been increasing production of its products in other countries like India and Vietnam. Griffin continued, “We’re just going to continue to favor big and connected businesses in America?” The CEO then went on…
[ad_1] For years, recruiters used machine learning to find potential hires by searching for keywords in résumés and LinkedIn profiles. Although this method helps to narrow the candidate pool, recruiters still have to manually review each profile to determine the best fit for the job. David Paffenholz (pictured left) and Ishan Gupta, then just 22 and 19, respectively, realized that LLMs could find talent faster and more efficiently. They built Juicebox, an AI-powered search engine that uses natural language to analyze professional profiles, personal websites, and other publicly available information to identify the most qualified candidates. After attending startup accelerator…
[ad_1] Food supply chains are notoriously messy. Orders arrive through different channels, staff spend hours manually entering them into clunky enterprise software systems, and compliance often depends on spreadsheets. For decades, software vendors have tried, with mixed success, to modernize the workflows behind the global movement of perishable goods. Now, a Y Combinator startup called Burnt thinks AI agents — software that can automatically handle tasks typically done by humans — can succeed where traditional enterprise software hasn’t in the trillion-dollar U.S. food market. The company, which automates back-office supply chain tasks with AI, has raised $3.8 million in seed…
[ad_1] OpenAI released a new benchmark on Thursday that tests how its AI models perform compared to human professionals across a wide range of industries and jobs. The test, GDPval, is an early attempt at understanding how close OpenAI’s systems are to outperforming humans at economically valuable work — a key part of the company’s founding mission to develop artificial general intelligence, or AGI. OpenAI says its found that its GPT-5 model and Anthropic’s Claude Opus 4.1 “are already approaching the quality of work produced by industry experts.” That’s not to say that OpenAI’s models are going to start replacing…
[ad_1] Elon Musk’s xAI has reached an agreement with the U.S. government’s purchasing arm to sell its AI chatbot Grok to the federal government for under a dollar, pitting it against OpenAI and Anthropic. Under the agreement between xAI and the General Services Administration (GSA), federal agencies will be charged 42 cents to use xAI’s chatbot Grok for a year and a half. OpenAI and Anthropic are offering their enterprise and government versions of ChatGPT and Claude, respectively, for $1 for a year. The steep discount for federal agencies includes access to xAI engineers to help integrate the technology.…
[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — There are a million reasons why an insider might sell their own company’s stock; it’s a large part of their compensation, they need to get liquid for a real estate transaction, paying for a daughter’s wedding, diversifying a portfolio, etc. But there’s only one reason why an insider would buy: They think the stock is undervalued and that it’s going higher. At least, that’s the way I learned it. Back in the day, as a…