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Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

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Laurent Hou / Hans Lucas / AFP via Getty Images Palantir Technologies has ranked among the most sold stocks among retail traders in May. The stock has persistently been among the retail cohort's favorites. But data from JPMorgan shows that they are shifting focus away from software as the pile into chips. Retail traders are shedding some of their holdings of an old favorite in a broader shift from some big-name software stocks. JPMorgan data shows that individual investors have been trimming their exposure to software stocks, chief among them Palantir Technologies . The high-growth AI name has been popular among retail for a long time, even as the stock has battled high volatility and doubts from some Wall Street analyst. It has consistently ranked among the most discussed stocks on investing forums, with entire Subreddits dedicated to it. The firm's very quotable, animated CEO, Alex Karp, has ranked among the heroes of retail investing circles. Yet, Palantir shares are down ...
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A look at GameStop's takeover bid for eBay, a bizarre way to force eBay's board and shareholders to consider GameStop CEO Ryan Cohen's desire to run eBay (Matt Levine/Bloomberg)

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Matt Levine / Bloomberg : A look at GameStop's takeover bid for eBay, a bizarre way to force eBay's board and shareholders to consider GameStop CEO Ryan Cohen's desire to run eBay   —  Also Adani Green and fund formation legal fees.  —  GameStop  —  The simple model of GameStop Corp.'s proposal to acquire eBay Inc. is: from Techmeme https://ift.tt/2GktiWB
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Alexandr Wang wants AI's feuding leaders to take a chill pill

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Meta's Alexandr Wang shared his hope that the "animosities" between AI leaders would cool. Bloomberg/Getty Images Alexandr Wang said that tensions between some AI leaders are "unfortunate." He hopes the rivalries will cool. "Maybe it gets worse, then it gets better," he said. Wang, who faced criticism from Meta's former chief AI scientist Yann LeCun , said he had since met with the AI researcher. Tensions are high in AI. The leaders of AI don't seem to be on the best of terms. Feuds abound, from Sam Altman and Dario Amodei to Altman and Elon Musk — the latter of which is playing out in court . Meta's chief AI officer, Alexandr Wang, has his own rivalries. On the " Core Memory " podcast, Wang called any hostilities in the AI industry "unfortunate." "My real hope is that all these animosities subside over time and then people sort of come together and realize we are building this incredibly important technology,...
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Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (Bloomberg)

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Bloomberg : Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments   —  Microsoft Corp. has spent more than $100 billion on its partnership with OpenAI, a sum that underscores the significance … from Techmeme https://ift.tt/QW5rXDI
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Google announces Pause Point, an Android 17 feature that forces a mandatory 10-second pause before opening any app a user has labeled as a distraction (Sarah Perez/TechCrunch)

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Sarah Perez / TechCrunch : Google announces Pause Point, an Android 17 feature that forces a mandatory 10-second pause before opening any app a user has labeled as a distraction   —  An anti-doomscrolling feature is now built into Android.  (Yes, things have gotten that bad.)  —  On Tuesday, Google announced Pause Point … from Techmeme https://ift.tt/GN6IKE7
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My mom grieved the real talks dementia took away with my grandpa. I loved the nonsense ones.

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The author found new ways to talk to her grandfather when he had dementia. Courtesy of the author My grandpa's dementia made conversations unpredictable and confusing. I learned to accept his reality instead of correcting him. That approach helped us stay connected in a new way. "What's your favorite color, grandpa?" "Oh, I don't, I don't know about that. When I was a boy, I drove the Queen of England around Zimbabwe and she…" My grandpa trailed off, getting lost in thought, confusion clouding his face mid-sentence. "The Queen of England, hey? Sjoe, that's a fancy gig. What was the Queen like?" "The Queen? I don't know, I never met her." Distress started to line his features. His forehead crinkled in worry as he tried to remember our conversation and where he was. Toward the end of my grandpa's life, that's how most of our conversations would go. I'd ask a question; it would rarely get answered, but there woul...
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This $115-million French Normandy Château in Florida features a private spa and a go-kart track. See inside.

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A property in the Tampa area is asking $115 million, which would shatter the area's current sales record. Luxhunters / Eddy Martinez & Roland Ortiz with ONE Sotheby's International Realty An energy executive listed his Florida estate for $115 million, which could break the area's sales record. The 87-acre compound directly on Lake Thonotosassa is 16 miles from downtown Tampa. It features amenities like a 22-car garage, an office complex, and a lakeside go-kart track. A Chicago-based executive is trying to break a record in Florida with the sale of his home by listing it for $115 million — and it's nowhere near South Beach . Steven Lempera, the president of an energy company in Illinois, bought the 87-acre lakefront compound in Tampa, Florida, in 2021 for $16.7 million and is trying to sell it at a nearly 600% price markup. Lempera and his wife, Jane, bought the property from Don Wallace, the cofounder of Lazydays RV, after surveying alternative options to Chicago du...
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