Author: arthursheikin@gmail.com

[ad_1] In 1979, Tim and Nina Zagat, both lawyers at the time, decided to create the Zagat Survey to collect friends’ reviews of Manhattan restaurants. In the following years, the couple began publishing print editions of their restaurant guide, which quickly expanded and gained popularity beyond their social circle.Tim quit the corporate counsel firm Gulf & Western Inc. to pursue the restaurant guides business full-time in 1986, at age 46, while Nina continued working as a lawyer until she was 49, as reported by Bloomberg in 1991.In 2000, when the two were 60 and 58, respectively, the Zagat Survey finally found…

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[ad_1] After an explosive start to the year, Hims & Hers Health, Inc. (HIMS) is now trading in an intermediate-term range above long-term support from the weekly cloud model (shaded area on the chart) and the 200-day (~40-week) moving average, both of which define the stock’s cyclical uptrend. The uptrend remains healthy and is supported by positive long-term momentum, providing a bullish outlook through year-end. HIMS’s long-term technical strength aligns with a bullish fundamental view from personal investing pro Austin Hankwitz , who notes: “Their stock is attractive in my view as annual revenue is expected to grow by +134%…

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[ad_1] Puerto Rico’s local economy got a massive boost from Bad Bunny’s Bad Bunny’s 31-date residency, giving Popular — the biggest bank on the island — a lift as well, according to Wells Fargo. The investment firm, which has an overweight rating on Popular, raised its price target to $150 from $140. The new target signals upside of 17.2%. Bad Bunny’s shows added roughly $400 million to Puerto Rico’s economy with nearly 600,000 attendees turning out to see the artist, he added. Bad Bunny, whose legal name is Benito Antonio Martinez, held his residency’s final show over the weekend. BPOP…

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[ad_1] It takes a lot of computing power to run an AI product – and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 and $4 trillion will be spent on AI infrastructure by the end of the decade – with much of that money coming from AI companies themselves. Along the way, they’re placing immense strain on power grids, and pushing the industry’s building capacity to its limit. Below, we’ve…

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[ad_1] Nvidia announced Monday it plans to invest up to $100 billion in OpenAI as part of a deal to build out massive data centers for training and running AI models. The companies say they signed a letter of intent to deploy 10 gigawatts — enough to power millions of homes — worth of Nvidia systems to power OpenAI’s next generation of AI infrastructure. The deal may help OpenAI as it reduces its reliance on Microsoft, its largest investor and supplier of cloud computing resources. In January, Microsoft announced changes to its partnership with OpenAI, allowing the ChatGPT-maker to build…

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[ad_1] As President Donald Trump’s H-1B visa fee plan rattles corporate America, Baird has data that can give clues on which technology and services sector companies could be hit the hardest. Trump said late Friday he would place a $100,000 tax on the visa program, which is known to help companies get highly skilled workers from places like India and China. The White House clarified that it would be applicable only to new visas and is not an annual charge. Still, the change sent companies and governments around the world scrambling to assess implications over the weekend. Given that, Baird…

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[ad_1] Google’s AI assistant, Gemini, is coming to your TV. On Monday, the company announced it’s introducing Gemini for Google TV, allowing TV owners to engage in free-flowing, natural language conversations with the AI. When fully rolled out, this expansion of Gemini to a new platform will bring Google’s AI to over 300 million active Google TV and other Android TV OS-powered devices. In terms of TV-related questions, Google suggests its Gemini AI could be used to help people with different interests settle on something to watch that they would both like, or to catch you up on what you…

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[ad_1] Oracle is shaking up its executive suite as it sets its sights set on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.   Magouyrk joined Oracle in 2014 from Amazon Web Services. He was a founding member of Oracle’s cloud engineering team and has served as the president of Oracle’s cloud infrastructure business unit for more than a decade.   Sicilia has served as the president of Oracle’s industries division since June. He held several different roles at the company since he joined through Oracle’s acquisition of project portfolio management company Primavera Systems in 2008.   Safra Catz, who has been Oracle’s CEO since 2014, is moving into a new role as the executive vice chair…

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[ad_1] The stock market has historically brushed off government shutdowns, but an especially acerbic congressional dispute over the latest funding bill could test that track record. The government shut down overnight Wednesday and the stock market wasn’t taking it so well so far. Historically speaking, the stock market has shrugged off funding disputes. In fact, Raymond James found that stocks have risen in five previous government shutdowns, with the S & P 500, MidCap 400 and Small Cap 600 all gaining roughly 3% over those time periods. “Overall equity index performance has been positive in most funding gaps suggesting little…

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[ad_1] 2025-09-22T16:28:45Z 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. Nvidia and OpenAI are partnering for an AI infrastructure build-out. The chipmaker said it will invest up to $100 billion in OpenAI “to support this deployment.” The deal will see the companies build and deploy at least 10 gigawatts of AI datacenters with Nvidia chip systems. Nvidia and…

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