Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture Humain that will rely on chips from Nvidia https://t.co/ofvimRj837 ...

Apple and OpenAI must answer to a lawsuit filed by Elon Musk’s X and xAI accusing the companies of conspiring to thwart competition in emerging markets in artificial intelligence, a federal judge in Texas ruled https://t.co/hEu4y66MBV ...

Core Insights - The Czech National Bank (CNB) has initiated its first purchase of digital assets, creating a $1 million test portfolio to explore blockchain-based investments [1][2] - The portfolio includes bitcoin, a U.S. dollar stablecoin, and a tokenized deposit, with the aim of gaining practical experience in managing digital assets [2][3] - CNB Governor Aleš Michl stated that the project aims to evaluate the potential role of decentralized bitcoin in diversifying reserves, with a public assessment expected in two to three years [3][4] Investment Details - The CNB's test portfolio will not be actively increased and is intended solely for operational and regulatory study [2][3] - The bank will analyze the operational steps involved in holding digital assets, including key management, security protocols, and compliance with anti-money laundering regulations [4][5] - The CNB has launched the "CNB Lab," an internal hub to explore emerging technologies like blockchain and artificial intelligence, alongside the digital assets initiative [6] Future Outlook - The CNB emphasizes that this investment does not indicate a policy shift, and the country's foreign exchange reserves will remain unchanged [7] - The analysis leading to this decision reflects a growing integration of digital assets into institutional portfolios, suggesting potential for wider acceptance in the future [3][6]

Robin Hood is betting big on prediction markets and uh artificial intelligence. Joining us now, Steve Quirk, Robin Hood uh chief brokerage officer. What a beautiful chart.Do you just carry around a little piece of paper in your pocket with the the Robin Hood chart on it, Steve. I'm looking at it right now. Good.>> It's mind. It's mindboggling. It really is.We could go back uh could go back to early 2024, I think, would be good. that doesn't really uh do it justice, but uh amazing business is pretty good as ...

Nvidia CEO Jensen Huang said he had asked TSMC for more chip supplies as artificial intelligence demand remains strong https://t.co/mhYeoYconk ...

Welcome back to Overtime. The votes are in on Elon Musk's pay package at Tesla. Phil, what happened.>> 75% approved it, John. So, Elon Musk will remain a CEO of Tesla. He threatened to leave if he didn't get these uh this pay package approved by the shareholders.75% voted for it. And now Elon Musk is about to talk at the Tesla shareholder meeting. We know what his message is going to be.The future is all about autonomous robotics and artificial intelligence. By the way, on the question of whether or not Tes ...

Core Insights - Robert Shiller's long-term equity forecasting model utilizes the CAPE ratio, which adjusts past earnings for inflation to provide a clearer historical valuation context [1] - Shiller warns that while AI has transformative potential, substantial productivity gains may take years to materialize, and U.S. stocks could underperform current market expectations over the next decade [2][3] - The current CAPE ratio is at its second-highest level in history, reaching 39.5 at the end of September and climbing above 40 in October, reminiscent of the dot-com bubble [6][7] Market Performance - The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have all shown double-digit percentage gains in 2023 and 2024, with expectations for continued strong performance into 2025 [5] - Shiller's forecast for the S&P 500 indicates nominal average annual total returns of just 1.5% over the next decade, suggesting a potential decline when accounting for dividends [7][8] Valuation Comparisons - The CAPE ratio for the MSCI Europe Index is 21.4, and for the MSCI Japan Index, it is 25.1, indicating more attractive valuations compared to the S&P 500 [10][11] - Shiller anticipates average annual returns of 8.2% for the European index and 6.5% for the Japanese index over the next decade, presenting opportunities for U.S. investors to diversify [11] Investment Opportunities - Investors are encouraged to explore mid-cap and small-cap stocks, which are trading at more attractive valuations than the S&P 500 [12] - Despite caution against overexposure to high-valued AI stocks, Shiller emphasizes that there are still numerous investment opportunities available [13]

Market Trends & Investment Opportunities - Tom Lee is bullish on the stock market and cryptocurrency, anticipating a strong November with the S&P potentially rising by 200-250 points [2][3][4] - Fundamentals are leading price in crypto, with Ethereum stable coin volumes and application revenues at all-time highs, suggesting a rally into year-end [6] - Quantitative Tightening (QT) is expected to end, leading to a return of Quantitative Easing (QE), which historically drives asset prices up [24] Impact of AI & Automation - Chat GPT's launch correlates with a decline in job openings, indicating a potential impact on the job market [8][9][10] - Companies are becoming more productive with AI, incentivizing them to do more with less, increasing profitability and value [11] - China is leading in robotic hardware manufacturing, producing more robots than Germany, South Korea, Japan, and the US combined, at a lower cost [12][13] Economic & Policy Considerations - The Federal Reserve may be forced to resume balance sheet expansion to maintain an ample level of reserves and ensure financial stability [23] - Nvidia is aiming to bring back American manufacturing to enhance national security and supply chain resilience [15][17][18]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Veteran Wall Street investor Jordi Visser said on Anthony Pompliano's podcast that the current Bitcoin (CRYPTO: BTC) price action resembles an "IPO-style distribution." Visser Says Bitcoin's Setup Mirrors an IPO Distribution Phase Visser, a macro investor with over 30 years of professional market experience and founder of Visser Labs, told Pompliano that "every possible thing you'd want for Bitcoin is hap ...

Financial Data and Key Metrics Changes - The company achieved a 5.2% year-over-year increase in service revenues for the first nine months of 2025, with EBITDA rising 6.7% year-over-year and a net income increase of 42.2% year-over-year [4][5] - Operational cash flow reached R$ 4.5 billion, with a disciplined approach to CapEx maintaining investment efficiency [4][14] - The company announced R$ 1.8 billion in interest on capital and repurchased R$ 369 million in shares, reinforcing its commitment to shareholder remuneration [5][13] Business Line Data and Key Metrics Changes - Mobile service revenues increased by 5.6% annually over nine months, with postpaid expansion being a key contributor [5] - The broadband segment showed operational improvements, with broadband ARPU at R$ 94 in the third quarter and a 3.7% year-over-year growth in the client base [7] - The B2B segment is expanding, with IoT solutions covering 23.5 million hectares and generating R$ 435 million in contracted revenues since Q1 2024 [10][11] Market Data and Key Metrics Changes - The company has the broadest 4G and 5G coverage in Brazil, with 5G now available in 1,000 cities [7] - The competitive environment in mobile remains rational, with no significant disruptions from smaller players [26] Company Strategy and Development Direction - The company is focused on innovation, customer experience, and operational excellence to drive sustainable growth [4] - The strategy includes a "more-for-more" approach to optimize the cost-benefit equation and enhance value propositions [6] - The company aims to maintain strong performance in mobile postpaid and B2B segments while continuing to recover prepaid and broadband [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 goals and delivering value through strong performance in mobile postpaid and B2B segments [15] - The company anticipates a stabilization in prepaid and broadband segments, with improvements expected in top-line growth [20] Other Important Information - The company reached the top 10 of the FTSE & Russell Diversity and Inclusion Index, highlighting its commitment to ESG practices [5] - The Revamp My Team app has over 17.7 million unique users, driving digital engagement and e-commerce growth [8] Q&A Session Summary Question: Mobile service revenues deceleration - Management noted that the deceleration in mobile service revenues is consistent with seasonal patterns and not heavily influenced by competition [18][19] Question: Competitive environment and price adjustments - The competitive environment remains positive, with plans for potential price adjustments in the postpaid segment next year [26][27] Question: Lease efficiency plan and partnerships - The company is in discussions with partners regarding lease efficiency, aiming to keep lease costs stable while expanding coverage [31][33] Question: Fiber business and customer acquisition - Improvements in customer acquisition quality and churn management have led to positive net additions in the fiber business [39][40] Question: B2B and IoT growth opportunities - The company is focusing on specific verticals for B2B growth, with ambitions to expand its portfolio of solutions [50][51] Question: Operating cash flow growth rate - Management confirmed guidance for operating cash flow growth, expecting it to align with previous forecasts [58][59] Question: Price increase magnitude and base affected - The company implemented price adjustments for both control and pure postpaid customers, with plans to explore further adjustments in the next quarter [64][65]