Day: May 31, 2024

Nvidia has been driving an AI stock frenzy, as investors watching Nvidia soar are throwing their money towards the company to satisfy their “investing FOMO.” Meanwhile, the world of business saw some major consolidation in the energy sector, and progressive lawmakers relaunched efforts for a tax on the ultra-wealthy.

Fox Business’ The Big Money Show co-anchor Brian Brenberg sits down with Chairman of O’Leary Ventures and investor on ABC’s Shark Tank, Kevin O’Leary, to discuss it all. 

Kevin explains why some people are looking at artificial intelligence all wrong, what the consolidation in the energy market means for the future of oil, and the unintended consequences of trying to slap massive taxes on the rich.

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Former President Donald Trump railed against his historic guilty verdict in the New York criminal hush money trial. President Joe Biden laid out the details of Israel’s latest ceasefire proposal to secure the release of hostages held by Hamas. The man accused of killing a Georgia nursing student earlier this year has been arraigned. The Federal Reserve’s favorite inflation gauge showed little progress last month. And, we’ll explain why Tesla is recalling more than 125,000 vehicles in the US.

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NPR News: 05-31-2024 3PM EDT

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The Ukrainian border town of Krasnopillia, in the country’s northeast, is near the only open checkpoint between Ukraine and Russia. When Ukrainians are freed from Russian captivity, or when the bodies of dead Ukrainian soldiers are returned, they usually come through the town. Our correspondent visited and found the returning countrymen are always welcomed by residents and the staff from the town’s scrappy local newspaper.