News Today Digest

Nvidia CEO Jensen Huang says AI could lead to four-day work weeks but warns it will make people busier as work speeds up and ideas multiply. read more

Elon Musk’s longtime lawyer Alex Spiro is reportedly set to chair a $200 million Dogecoin (CRYPTO: DOGE) treasury company backed by the House of Doge, marking a major step in bringing the meme-inspired cryptocurrency further into mainstream finance. read more

Charles Borges, the Social Security Administration’s chief data officer, resigned after filing a whistleblower complaint alleging Trump-backed DOGE staff mishandled sensitive Social Security data, prompting denials from SSA and praise from former commissioner Martin O’Malley. read more

Analyst Gordon Johnson claims Tesla’s stock is being propped up by aggressive options activity despite weak fundamentals, pointing to a sharp drop in the put-to-call ratio as evidence of manipulation. Latest Ratings for TSLA Date Firm Action From To Feb 2022 Daiwa Capital Upgrades Neutral Outperform Feb 2022 Piper Sandler Maintains Overweight Jan 2022 Credit…

Hardship withdrawals from 401(k) plans surged to 4.8% of participants in 2024, up from 3.6% in 2023, according to Vanguard Group Inc. data. The increase reflects growing financial pressure on American workers seeking immediate cash access. read more

Reliance Industries, led by Mukesh Ambani, unveiled Jio Frames smart glasses and a $50 billion AI push with Google and Meta partnerships, intensifying its challenge to global tech and consumer brands like Meta, Starbucks, Coca-Cola, Pepsi, and Netflix. read more

The effective tax rate for America’s wealthiest 0.0002% — roughly the billionaires on the Forbes 400 list — fell from 30% to 2% after the 2017 GOP tax overhaul, according to a new study from the National Bureau of Economic Research. read more

Alibaba’s new AI chip aimed at reducing reliance on Nvidia sent the chipmaker’s stock lower Friday, but investor Ross Gerber dismissed the move as “laughable” posturing that won’t diminish demand for Nvidia’s Blackwell GPUs. read more

Meta is reportedly exploring partnerships with Google and OpenAI to enhance its AI products while facing backlash over the $50 billion Hyperion data center’s energy costs, even as analysts remain bullish on its aggressive AI expansion. read more

Cracker Barrel’s $700M rebrand sparked backlash and a 15% stock drop, but some, like Kevin O’Leary, say the buzz could be marketing gold. read more