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A social good: Americans should want more billionaires like Bezos, Buffett and Musk
“Billionaires should not exist,” argues Vermont Senator Bernie Sanders, who has long described himself as a democratic socialist. Indeed, “every billionaire is a policy failure” is a relatively common slogan among American progressives. Unsurprisingly, the economic populists and nationalists on the political right find themselves in agreement with...
Apple and Disney shareholders likely to get vote on AI policies
Apple [symbol link=AAPL] and Walt Disney [symbol link=DIS] will likely face shareholder votes on their use of artificial intelligence following a decision by the Securities and Exchange Commission. The SEC this week denied requests from both companies to exclude AI-related proposals from their annual meetings.  These proposals, filed...
We used AI and satellites to map unmonitored ocean activities including energy development
Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least $1.5 trillion in economic activity each year and support 31 million jobs. This value has...
Elon Musk’s SpaceX gets robust rocket competition from Boeing-Lockheed group
The Vulcan rocket, a collaboration between Boeing [symbol link=BA] and Lockheed Martin [symbol link=LMT] is reportedly set to make its inaugural launch as early as next week, attracting the attention of several billionaires. Positioned as a competitor to Elon Musk's SpaceX, the new vehicle is ready to transport satellites...
Carbon capture technology has its critics, but it can radically reduce emissions in this one industry
World leaders gathered Nov. 30 for the annual UN climate meeting known as COP28. A key climate solution that was discussed was carbon capture, utilization, and storage (CCUS), a technology that could reduce greenhouse gas emissions from hard-to-decarbonize sectors. COP28’s president, Sultan...
Nvidia stock is still worth running with in 2024, but AI may create headwinds for Google and Amazon
Nvidia ruled 2023. It was the best-performing S&P 500 stock, surging 236%. I'm happy we've owned it for years. Despite this huge run-up, Nvidia [symbol link=NVDA] is attractively priced. Seriously. Not only does Nvidia trade below its five-year average price-to-earnings (P/E) ratio, it’s...
Cable TV is dying and broadband faces mounting threats: Is there a solution that will save either of them?
Investors and customers are wrestling with the dilemma faced by the cable television industry. Cable TV is struggling on two fronts, television and broadband. This is a long-term trend that has escalated over the past decade. So, let’s take a closer look...
Taking profits in stocks and tracking innovation in AI: Predictions on what’s ahead in 2024
What will 2024 hold for stocks and for AI? Are smartphones making kids dumber? And can good parenting and books reverse the trend? Here are some thoughts on four issues that are top of my mind as the new year begins: Prepare...
From our CEO: Join me on Equities’ mission to focus minds and finance on what really matters
I’d like to share some news. I’ve been named CEO of Equities News. It’s an exciting venture with a lot of responsibility – to our readers, our employees and our investors. It’s likely to be the most meaningful work of my career because...
AI industry’s growth will hinge, in part, on how Microsoft and OpenAI develop their partnership
The boardroom of OpenAI, the business that developed ChatGPT, has seen some turbulent times recently. But while the drama around the sacking and reinstatement of CEO Sam Altman has subsided, the company now faces investigation by the UK competitor authority – a...