Investors were confronted this past week with four difficult realities that may fundamentally change the way they think about AI the business vs. AI the technology: - AI is too expensive, say CEOs and even Microsoft itself. - It's not paying off nearly as much as companies expected, per a new Bain study . - Infrastructure demand is strong — but not as strong as the most optimistic wanted, as Broadcom showed with its "weak " forecast. - Financing that infrastructure is going to be more expensive for longer, with signs pointing to the Fed raising , not lowering, interest rates. Why it matters: Those realities challenge assumptions that powered markets to historic heights over the past few years. It's hard to justify chip or…
The U.S.-Iran war is forcing FIFA to navigate a diplomatic and logistical mess before the World Cup even kicks off Thursday. Why it matters: Iranians are largely banned from traveling to the U.S. right now, while Iran's national team will face an exhausting itinerary each time it plays on U.S. soil. Zoom in: Iran has three guaranteed matches on U.S. soil in the group stage after FIFA declined the nation's request to move its games to stadiums in Canada or Mexico after the war started. - Without overnight stays, the Iranian team will have to fly in from Mexico, clear customs, play a match and then fly back to Mexico the same day for each U.S.-based match. - "Everything has to go by schedule. There's a lot of preparations. The last thing…
UFC legend Jorge Masvidal joined “Wake Up America Weekend” to break down the highly anticipated, once-in-a-lifetime UFC Freedom 250 event taking place on the South Lawn of the White House. Masvidal shares his thoughts on the historic significance of holding a fight card at the White House to celebrate America's 250th birthday, how fighters will adapt to the outdoor conditions, and the celebrity backlash surrounding the event.
The remarks from Defense Secretary Pete Hegseth reflect many of the Trump administration’s previous assertions on immigrants in Europe, which overlap with the language of European far-right political parties.
