Articles written by Navdeep Yadav - Benzinga

Jeff Bezos-Backed Anthropic CEO Predicts AI Will Surpass Human Intelligence By 2027, But Warns To 'Watch Out' For 'Negative Consequences'

Jeff Bezos-Backed Anthropic CEO Predicts AI Will Surpass Human Intelligence By 2027, But Warns To 'Watch Out' For 'Negative Consequences'

| Anthropic CEO predicts AI to outperform human intelligence in 2-3 years. Company struggling to meet demand for its AI chatbot, Claude.

Trump's Tax Cut Plans Could Be Derailed By Soaring Bond Yields, Warns GOP: 'Mortgage...Credit Card Rates...Auto Loan Are Going To Continue To Go Up'

|As President-elect Donald Trump gears up to take office, his Republican colleagues in Congress are voicing concerns that his ambitious tax-cut plans could be undermined by the escalating bond yields.

Trump's Tax Cut Plans Could Be Derailed By Soaring Bond Yields, Warns GOP: 'Mortgage...Credit Card Rates...Auto Loan Are Going To Continue To Go Up'

|As President-elect Donald Trump gears up to take office, his Republican colleagues in Congress are voicing concerns that his ambitious tax-cut plans could be undermined by the escalating bond yields.

Nvidia Down 3%, AMD Falls 2% After White House Imposes New AI Chip Export Restrictions

|The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).

Mark Zuckerberg Offloads Another $1.39 Million In Meta Stock, Weeks After $88M Sale Spree

|Mark Zuckerberg, the CEO and Chairman of Meta Platforms, Inc. (NASDAQ: META), offloaded a significant chunk of his company shares in December.

Mark Cuban Once Said Credit Card Users 'Don't Want To Be Rich.' Now, US Credit Card Defaults Have Skyrocketed To Highest Levels Since 2008 Financial Crisis

|U.S. credit card loan defaults have skyrocketed to levels unseen since the 2008 financial crisis. Credit card lenders wrote off a staggering $46 billion in seriously delinquent loan balances in the first nine months of 2024

Unseen Mutations Detected In First Severe US Bird Flu Case: CDC

For $200 Million, Be Jeff Bezos' Neighbor On Miami's Luxurious Island

Russian Firms Adopt Bitcoin For Global Trade In Response To Western Sanctions: 'Should Be Expanded And Developed Further'

|Russian companies have started using Bitcoin (CRYPTO: BTC) and other digital currencies for international transactions, said Finance Minister Anton Siluanov on Wednesday.

China's 'Squid Game'-Inspired Scams Target Financially Distressed Amid Economic Slowdown

|Fraudsters in China are capitalizing on the popularity of the South Korean TV series "Squid Game" to exploit the financially vulnerable in a struggling economy, offering prize money, debt restructuring, and other deceptive schemes.

Russian President Says He's Willing To Meet Trump 'At Any Time' For Dialogue

|Vladimir Putin, the President of Russia, has shown his readiness to initiate talks with the incoming U.S. President Donald Trump.

Warren Buffett Labeled It 'Playing With Fire' When The Indicator Named After Him Reached 140% — Cut To Today And It's Over 200%

Trump's Trade Policies Pose Greater Risk To South Korea's Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: 'A Lot More Uncertainty'

|The governor of the Bank of Korea, Rhee Chang-yong, expressed that the South Korean economy is more threatened by the trade policies of Donald Trump than the current political crisis in the country.

'Problem Is Much Larger:' After Boeing's Plea Deal Is Rejected By Federal Court Over Monitor Provision, Experts Blame 'Fundamentally Broken' System 'In Dire Need Of Reform'

|The plea agreement between the U.S. Justice Department and Boeing regarding the company's involvement in two fatal 737 Max jetliner crashes has been dismissed by a federal court. The rejection was due to the proposed monitor provision, which has sparked a debate on the need for a complete overhaul of the system.

Elon Musk's xAI To Expand Colossus Supercomputer Tenfold, Challenging Google, OpenAI And Jeff Bezos-Backed Anthropic

|Elon Musk's AI startup, xAI, has revealed plans to expand its Colossus supercomputer by over tenfold. This move is aimed at closing the gap with competitors such as Google, OpenAI, and Anthropic.

As Bitcoin Hits $100K For The First Time, Ark Invest's Cathie Wood Calls It 'A Much Bigger Idea Than Gold' And That It Is 'Still Is In Early Innings'

|As Bitcoin (CRYPTO: BTC) crossed the $100,000 mark for the first time, Cathie Wood on Thursday said Ark Invest “believes Bitcoin is a much bigger idea than gold

Warren Buffett Labeled It 'Playing With Fire' When The Indicator Named After Him Reached 140% — Cut To Today And It's Over 200%: Is A Market Downturn Looming?

|The "Buffett Indicator', a market valuation measure, is currently signaling potential danger as it surpasses levels witnessed during the Dot-Com Bubble and the Great Financial Crisis.

S&P 500's Record-Breaking Streak In 2024 Could Signal Caution For Investors In 2025, Warn Analysts: 'Stocks Do Not Go Up Forever'

|The stock market's remarkable performance in 2024, with the S&P 500 hitting 54 all-time highs, may not be a positive indicator for the future, according to analysts.

Super Micro Shares Jump 7% In Premarket As Special Committee Clears It Of 'Misconduct' Allegations, But Top Investment Bank Flags 2 Key Aspects To Watch