Author: Daniel snow

[ad_1] Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024.Bloomberg | Bloomberg | Getty ImagesMeta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock market record in February when it began laying off the 5% of its workforce that it deemed “low performers.”Meta CEO Mark Zuckerberg has been on an AI hiring blitz amid fierce competition with rivals such as OpenAI and Google-parent Alphabet. Earlier in June, Meta said it would…

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[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 and Nasdaq were modestly higher Monday after logging record-high closes on Friday. They are both poised to close out June and the second quarter with strong gains. In the Homestretch of the last trading day of the month, we wanted to reflect on the first six months of the year as a perfect example of why you have to stay invested in…

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[ad_1] Workers repaint the NASA logo on the Vehicle Assembly Building at the Kennedy Space Center on May 28, 2020 in Cape Canaveral, Florida.Joe Raedle | Getty ImagesNASA’s live programming, including rocket launches, spacewalks and views of Earth from space, will begin streaming on Netflix this summer.NASA said the move is part of its effort to reach a global audience, according to a press release. The agency noted that the content will remain free and ad-free on the NASA app and website, where it already has live programming.NASA+ launched in 2023 as a way to give the public easier access…

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[ad_1] Home Depot is going back to the acquisition well in its bid to capture more spending dollars from professional contractors. The news The home improvement retailer announced Monday that it is acquiring GMS, a building materials distributor that specializes in products such as drywall, steel studs and insulation . Under the agreement, Home Depot’s subsidiary SRS Distribution will buy all of GMS’ stock for $110 per share for a total of $4.3 billion. Including net debt, the deal gives GMS an enterprise valuation of $5.5 billion. Shares of Home Depot were fell by roughly 0.5% Monday. GMS shares jumped…

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[ad_1] An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | ReutersJoby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates.The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region.”Our flights and operational footprint in Dubai are a monumental step toward weaving air taxi services into the…

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