Linda Yaccarino steps down as CEO of Elon Musk’s X

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Linda Yaccarino on Wednesday announced she is stepping down as CEO of Elon Musk’s social media site X after two years in the role. Yaccarino’s departure comes one day after Musk’s artificial intelligence chatbot Grok repeatedly made antisemitic comments on Tuesday and referenced Hitler in response to posts about the Texas flooding. Grok is built by … Read more

Wall Street’s top analyst calls

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The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Oppenheimer upgraded Microsoft (MSFT) to Outperform from Perform with a $600 price target. The firm believes investors’ attention on the … Read more

Royals Sign Dallas Keuchel To Minor League Deal

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The Royals announced Wednesday that they’ve signed left-hander Dallas Keuchel to a minor league contract. ESPN’s Jeff Passan notes that Keuchel held a workout for clubs last week, which the Royals attended. He’ll earn a prorated $2MM salary for any time spent on the major league roster. Keuchel, 37, has pitched in parts of 13 … Read more

Microsoft Is Cutting 9,000 Jobs in the Latest Round of Layoffs. How Should You Play MSFT Stock Here?

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Microsoft Corporation logo on phone-by rafapress via Shuterstock Microsoft’s (MSFT) latest round of layoffs recently made headlines, with the tech giant planning to cut its global workforce by 9,000 “to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” according to a company spokesperson. This round of … Read more

Photo Essay: 30 years on, Srebrenica massacre survivors live in the shadow of death

SREBRENICA, Bosnia-Herzegovina (AP) — Three decades after their fathers, brothers, husbands and sons were killed in the bloodiest episode of the Bosnian war, women who survived the Srebrenica massacre find some solace in having been able to unearth their loved ones from far-away mass graves and bury them individually at the town’s memorial cemetery. The … Read more

Nvidia’s $6 Trillion Dream Is Back On Track

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Nvidia (NASDAQ:NVDA) just did it againback at record highs, and back as the world’s most valuable company. After a sharp bounce off its April lows, the stock has surged 67%, pushing its market cap to $3.8 trillion, edging past Microsoft. What’s fueling the run? One thing: relentless AI spending. Despite earlier panic over cheaper rivals … Read more

Netflix’s ‘Wednesday’ Drops Season 2 Trailer

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Wednesday Addams (Jenna Ortega) returns to Nevermore Academy in the trailer for Season 2 of Netflix‘s Wednesday (above), the first to reveal some “mysterious and kooky” plot details. “How does it feel?” Morticia Addams (Catherine Zeta-Jones) asks her titular daughter in the trailer, as the family arrives with her at Nevermore to drop her off. … Read more