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Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge
(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.
BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal
Global equities are flashing an overbought warning, with moving averages already at levels that historically mark a sell signal for risk assets.
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Loss in trust account tax case could cost Minnesota millions
A court defeat in a case over the way Minnesota taxed trust accounts in other states could end up costing about $130 million this budget cycle.
Jeffrey Epstein Put His Massive Fortune In A Trust Two Days Before His Death
Jeffrey Epstein’s victims face lengthy legal action after court documents revealed the disgraced financier signed a will two days before his death.
Forget Conflicts Of Interest, A Trump Trust Would Save The Kids $1.3 Billion
Trump's hatred of the estate tax—a “horrible weapon that has destroyed many families”—makes sense, given the state of his finances.
Epstein Created Trust With $578 Million Days Before Suicide
Needless to say, we wonder if a trust formed under such extenuating legal circumstances is even valid. But the lawyers evidently gave it a shot.