CEO of a $4.5 billion AI company reveals his 6 predictions for the industry next year, including China leading the US
Clement Delangue, CEO of AI startup Hugging Face, revealed his 2025 predictions for the industry. While people are preparing their New Year’s resolutions, one AI company CEO has a different habit: locking in his predictions for what will happen in the industry in 2025. Clement Delangue, CEO of the $4.5 billion startup Hugging Face, laid…
BuzzFeed could be on the hook for $124 million this week. Does it have a plan?
BuzzFeed needs cash. Maybe Hot Ones, the interview talk show it owns, can help out. What’s going on with BuzzFeed, the formerly high-flying digital publisher? This is a good day to ask. That’s because today is the day that BuzzFeed could be on the hook for $123.5 million in debt and interest payments — money…
‘Call Her Daddy’ star Alex Cooper is looking to launch a vodka brand, trademark filings suggest
Alex Cooper, the host of “Call Her Daddy,” filed a trademark application for a vodka brand. Podcast superstar Alex Cooper may be the next celebrity to start a liquor brand. A recent trademark application from the “Call Her Daddy” host’s company — TRNDG IP, LLC. — suggests she’s looking to launch a vodka venture. Cooper…
Frontier is the latest budget airline to add ‘first class’ seats to target more premium flyers
Frontier is adding a new first-class seat as customers remain willing to pay more for premium amenities on board. Frontier Airlines is continuing to break from its classic budget business model as it chases more premium customers. The airline will introduce “first-class” seats in the first two rows of the cabin starting in 2025, it…
Trump expected to argue he has presidential immunity now, as president-elect, in new bid to dismiss hush-money case
Donald Trump smiles for pool photographers at his hush-money trial in Manhattan. The US Supreme Court found in July that presidents enjoy broad immunity from prosecution. But is a president-elect also immune? In a filing due by day’s end on Monday, lawyers for Donald Trump are poised to argue just that — that he’s immune…
Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here’s what the US buys from the 9 countries at risk.
President-elect Donald Trump’s latest trade threat on nine countries could affect key US imports, risking price increases if the tariffs are implemented. In a Saturday post on Truth Social, Trump targeted the BRICS group, which comprises nine countries: Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, and the United Arab Emirates. All have pushed…
Investors should use any correction as an opportunity to load up on Magnificent 7 stocks, NYU valuation expert says
A market correction is an opportunity to snap up the hottest tech stocks even as valuations already appear to be sky-high, Aswath Damodaran said. The so-called Magnificent 7 stocks have pushed the S&P 500 to record highs and sparked fears of concentration risk this year. These companies, which include mega-caps companies such as Amazon, Meta,…
A strong jobs report this week will boost the ‘American exceptionalism’ trade that’s pushed stocks to new highs, BofA says
President-elect Donald Trump takes the stage for his last rally of the election year on November 05, 2024 in Grand Rapids, Michigan. Since Donald Trump’s election win, the theme of “American exceptionalism” has gripped markets and sent bullish sentiment higher, with the S&P 500 cruising to records as international stocks lag. That theme will continue…
Mark Zuckerberg is ‘very keen to play an active role’ in Trump’s tech policymaking, Meta exec says
Donald Trump and Mark Zuckerberg recently had dinner at Mar-a-Lago. Elon Musk already has Donald Trump’s ear on policy discussions — it sounds like Mark Zuckerberg wants in on that too. “Mark is very keen to play an active role in the debates that any administration needs to have about maintaining America’s leadership in the…
