Financial Mindset

We’ve all received them. A misspelled message from a nameless, so-called recruiter, likely from a sketchy iCloud or Outlook email address, telling you they have the perfect job opportunity for you. An obvious scam.  But the days of weak attempts to siphon your information are over. In the AI era, scams are getting more sophisticated and persistent (and unavoidable).  Take Mary Ann Morrison, an instructional design manager based in Fayetteville, Arkansas. After applying for a position at the University of Arkansas in Little Rock, she received an email asking to set up an interview. “They were asking me to meet up with them. They asked the time and everything. It sounded very professional,” Morrison told Fortune . The recruiter sent over a link for a Microsoft Teams meeting. “When I went and looked at the link, I realized this doesn’t look quite right. It doesn’t look like Teams.”  The link told her she needed to update Teams, but she checked h...

Qualcomm has long been known primarily as the maker of smartphone chips, but since taking the reins five years ago, CEO Cristiano Amon has worked to change that and equip the company for the tough but lucrative AI chip wars. Since 2021, Qualcomm has reinvented itself to become a major player in newer areas such as tech for cars—including driver-assistance and connected-vehicle systems±—and chips to power smart home devices and wearables. Now, Amon has a more ambitious target in his sights: His five-year plan, presented to investors this week, is nothing less than a challenge to Nvidia’s long dominance in the market for A.I. chips for data centers. At Qualcomm’s investor day in Manhattan on Wednesday, he and his team unveiled its latest lines of AI accelerators and central processing units (CPUs). Taking Nvidia on won’t be easy for Qualcomm. After all, Nvidia—the most valuable company in the world with a market capitalization of $4.7 trillion—is the market leader by far in AI ...

Shares of quantum computing companies were a rare bright spot amid a tumultuous market Tuesday, surging after President Trump signed two executive orders aimed at maintaining U.S. dominance in the emerging technology. While the broader market slumped Tuesday , with investor jitters on AI and tech pushing the tech-heavy Nasdaq down 2.2% and the S&P 500 down more than 1.4%, quantum computing companies saw their shares surge as of market close Tuesday. Quantinuum, formed in 2021 through a merger of Honeywell Quantum Solutions and Cambridge Quantum, led the pack, with its shares up more than 13% at market close. Another two pure-play quantum companies, Infleqtion and D-Wave, saw their shares close up 12% and 2%, respectively. Meanwhile, IBM , which operates the largest fleet of high-powered quantum systems, gained by 5%. JPMorgan analyst Brian Essex also upgraded IBM to overweight from neutral , partly because of its potential to benefit from increased interest in AI and quan...

On July 4, 2026, as the United States marks its 250th birthday, a library will open in the North Dakota Badlands that looks less like a civic institution than a manifesto built in stone and steel. Designed by the international architecture firm Snøhetta, the Theodore Roosevelt Presidential Library in Medora will be the nation’s only carbon-neutral presidential library—a monument to conservation, leadership, and the rugged individualism of the 26th president, rising from the very landscape that made Roosevelt who he was. Completing it required one final gift. On Thursday, that gift arrived: $26 million from Kenneth C. Griffin, founder and CEO of the $69 billion hedge fund Citadel. The library’s west wing will bear his name. It was not the largest check Griffin has ever written. Not even close. But it is certainly revealing. The collector of American founding myths To understand what Griffin is doing in Medora, it helps to start in Philadelphia—or, more precis...

California intends to sue the Trump administration over its  deal to end an offshore wind project  proposed off the state’s central coast. State officials said they are combating the administration’s attacks on their offshore wind industry by sending a notice of their intention to sue to the Department of the Interior on Tuesday. Tuesday’s action is focused on the administration buying back the lease for Golden State Wind, a floating offshore wind project off California’s central coast. California has made a major commitment to offshore wind because of its potential to generate vast amounts of clean electricity from strong, consistent winds off its coast. Its strategy calls for the state to develop 25 gigawatts of offshore wind energy by 2045, enough to power roughly 25 million homes and provide about 13% of the state’s electricity supply. These energy and climate goals are now in jeopardy, and that’s why California will fight vigorously, said Ca...

The state of New York is forming an exploratory committee to consider whether Lake Placid and New York City should bid to co-host a future  Winter Olympics. The announcement Monday from Gov. Kathy Hochul’s office suggested a dual-hosting format, the likes of which Milan and Cortina pulled off at this year’s Olympics . It does not mention a year, though with the 2034 Games going to Salt Lake City and with Switzerland tabbed as the preferred bidder for 2038, the first likely available spot for New York to host would be 2042. “The time is now to return the Olympic flame back to New York,” Hochul said. Lake Placid hosted the Winter Olympics in 1932 and 1980 — the year of the  “Miracle on Ice”  when the underdog U.S beat the Soviet Union in men’s hockey on home ice. It also spent time in the mix as an emergency backup for this year’s sliding sports when the venue in Cortina was riddled with construction delays. The exploratory commi...

The newest installment of the movie that made Pixar a powerhouse and Steve Jobs a billionaire just secured the biggest opening weekend in the history of the Toy Story franchise. Just over 30 years after the original movie was released, Toy Story 5 amassed a staggering $312 million for its opening weekend, topping Toy Story 4 ’s $238 million debut in 2019. The newest film, which follows Woody and Buzz Lightyear as they battle a shiny new tablet for the attention of their owner, Bonnie, has already trumped its eye-popping budget of $250 million.   Another $100 million worth of marketing costs means the film is not yet profitable. But if its opening weekend is any indication, Toy Story 5 is set to break records.  Since the first film was released in 1995, the franchise has driven $16 billion in revenue to Disney , which bought Pixar in 2006, thanks in part to retail sales for consumer products, games, and publishing, which add to the franchise’s massiv...