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Nvidia shares continued their downward slide on Monday afternoon, marking the seventh consecutive day of losses for the artificial intelligence powerhouse. Investors appear to be gripped by pre-earnings jitters ahead of the company’s high stakes financial report scheduled for Wednesday after the closing bell. This nervousness follows a pattern among other tech giants like Meta, who recently missed quarterly projections, leaving traders wondering if the breakneck pace of AI growth is finally hitting a ceiling.Adding fuel to the fire is a recent Bloomberg report suggesting that Nvidia plans to hike prices for its AI chip servers by as much as…

The landscape of artificial intelligence has shifted dramatically since late 2025, moving away from simple chatbots toward complex, multi-turn agentic workloads. This transition became undeniable by early 2026 when enterprise spending on agents officially surpassed traditional ChatGPT usage. To keep pace with this evolution, the tech community has introduced AgentX 1.0, the first fully open source benchmark designed specifically for agentic coding inference at a massive one million token context window. Unlike previous tests that relied on static sequence lengths, AgentX mirrors the chaotic reality of modern AI development, accounting for frequent tool calls and the rapid accumulation of data…

A glimpse into the inner workings of Microsoft’s payroll has emerged after an internal spreadsheet was leaked, revealing how the tech giant compensates its staff during the high stakes race for artificial intelligence supremacy. The document, which contains reports from nearly 600 employees, breaks down base salaries, annual raises, cash bonuses, and stock awards across various departments. While Microsoft declined to comment on the leak, the data highlights a clear corporate priority: keeping top tier talent in cloud computing and AI from being lured away by rivals like Google, Meta, and OpenAI.The figures suggest that while base pay remains steady…

California Attorney General Rob Bonta abruptly canceled a planned meeting with Paramount Skydance on Monday, accusing the media giant of playing games during ongoing negotiations. The clash follows a series of settlement talks intended to resolve an antitrust lawsuit aimed at blocking the massive 110 billion dollar takeover of Warner Bros. Discovery. Bonta stated that while he prefers resolving disputes in the boardroom rather than the courtroom, he pulled the meeting after Paramount allegedly leaked and misrepresented the substance of their previous discussions.Paramount quickly denied the accusations, with a spokesperson claiming the company shares Bonta’s frustration over public misreporting regarding…

Zillow has reached a formal settlement with the Federal Trade Commission to resolve an antitrust lawsuit centered on allegations that the real estate giant paid its competitor, Redfin, to exit the rental market. The legal battle began in September 2025 when regulators accused Zillow of paying Redfin 100 million dollars to shut down its internet listing service for apartment rentals for nearly a decade. This move sparked additional lawsuits from several states, including New York and Washington, which were eventually consolidated into the federal case.Under the terms of the agreement, Redfin will now return to the apartment listing space. To…

Zillow and Redfin have reached a settlement with the Federal Trade Commission and five state governments, bringing an abrupt end to a legal battle that was set to go to trial this Monday. The dispute centered on a controversial 2025 partnership agreement that regulators claimed stifled competition within the rental listing market. At the heart of the case was a deal where Zillow allegedly paid Redfin 100 million dollars to essentially step aside, ensuring Redfin would display Zillow’s listings instead of competing for rental advertisers using its own properties like Rent.com and ApartmentGuide.com.While both companies maintained that the arrangement was…

David Ellison has spent nearly a year chasing a massive expansion of his media empire, but the finish line remains stubbornly out of reach. The Paramount CEO and son of billionaire Larry Ellison is currently locked in a high stakes battle to acquire Warner Bros. Discovery in a deal valued at roughly 110 billion dollars. While most global regulators and the U.S. Department of Justice have already signed off on the merger, a coalition of state attorneys general led by California’s Rob Bonta has stepped in to block the move, citing significant antitrust concerns regarding the combined power of their…

Situational Awareness, once the darling of Wall Street’s artificial intelligence craze, is facing a sudden and severe crisis after a meteoric rise. The hedge fund, helmed by former OpenAI employee Leopold Aschenbrenner, built its reputation on an aggressive investment strategy centered entirely on AI technologies. While this approach initially yielded staggering growth and turned the young founder into a focal point of financial obsession, the tide turned sharply at the end of July when a market downturn in AI stocks wiped out billions of dollars in value almost overnight.Adding to the firm’s woes, federal regulators have now entered the picture.…

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire Hathaway shares gave up gains Monday afternoon following CEO Greg Abel’s solid performance over the weekend helming the annual meeting for the first time, as well as a jump in the conglomerate’s earnings.Class B shares of the conglomerate closed nearly 1% lower, after rising earlier in the session following the positive reception to Warren Buffett’s handpicked successor at the Berkshire Hathaway gathering in Omaha, Nebraska, on Saturday. Many in the investment community acknowledged the loss of the wit and storytelling…

Seventies band Boney M is understood to be in talks to appear at Reform UK conference in several weeks (Alamy) 2 min read22 August Exclusive: Disco band Boney M is in talks with Reform UK to perform at the party’s conference next month, PoliticsHome understands. The band, which rose to fame in the 1970s with songs like Rasputin and Daddy Cool, is being lined up to appear at the afterparty in Birmingham, set to be held on the Friday evening of the conference.  A Reform spokesman told PoliticsHome: “Several exciting acts are under consideration for our conference after-party.…