Tag Archive : Isnt

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  • Goldman Sachs’ Abby Joseph Cohen told Bloomberg on Thursday that markets could see “considerable downside” before the election due to factors that financial models aren’t picking up. 
  • These factors include the outcome of the election and what Congress and the president will do next before election day, Cohen said. 
  • The senior investment strategist added that the market is vulnerable to volatility and disappointment given the”wide gaps” in the relative valuation of stocks.

Goldman Sachs’ Abby Joseph Cohen told Bloomberg on Thursday that markets could soon see “considerable downside” based on factors that financial models cannot predict.

What Congress will do next, what the president will say, and how the election will end cannot be forecasted by modeling, the senior investment strategist said.

“Those of us who have lived our professional lives really focusing in on the math, I think should feel very humble right now,” Cohen said.

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A number of people wondered whether this was a function of the medications Trump has been taking to treat his coronavirus infection. He’s on a corticosteroid called dexamethasone, for example, the side effects of which include manic episodes. Was Trump’s seeming hyperactivity on Twitter a function of the medications coursing through his veins?

Maybe. But it was probably just Trump.

Trump has long been a fairly energetic tweeter. Of the more than 54,000 tweets he’s written or retweeted since May 2009, only 13,000 were the only tweets sent within a 60-minute period, according to data provided to The Washington Post by Factba.se. On average, a Trump tweet or retweet is one of 5.4 that he offers in the same 60-minute period. On Tuesday, he hit a peak of 30 tweets in a 60-minute period, which is a lot — but it’s also something that can be said of nearly 100

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Last week, California Governor Gavin Newson leaned over the hood of a Ford Mustang Mach-E and signed an executive order saying that all new passenger cars and trucks sold in the state must be emission-free by 2035.



a toaster oven sitting on top of a car: A detail view is seen of an Hyundai Kona Electric Highlander ahead of the Electric Vehicle Show 2019 at Sydney Olympic Park on October 25, 2019 in Sydney, Australia. Electric vehicles are being bought in greater numbers in Australia, with 2017 seeing a 67% increase in sales from the previous year. The largest EV test ride event will be open to public on October 26 and 27th. (Photo by Mark Kolbe/Getty Images)


© Mark Kolbe/Getty Images
A detail view is seen of an Hyundai Kona Electric Highlander ahead of the Electric Vehicle Show 2019 at Sydney Olympic Park on October 25, 2019 in Sydney, Australia. Electric vehicles are being bought in greater numbers in Australia, with 2017 seeing a 67% increase in sales from the previous year. The largest EV test ride event will be open to public on October 26 and 27th. (Photo by Mark Kolbe/Getty Images)

The new mandate doesn’t necessarily mean that California car dealers would, literally, sell nothing but fully electric or hydrogen-powered vehicles 15 years from now, several experts say.

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That is the goal, though. And it’s not

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Any time a new Super Smash Bros. Ultimate character is announced, one of the first things people ask isn’t how the fighter plays. Instead, people demand to know what the ever-gluttonous Kirby will look like once he inhales them and copies the new character’s power. And so, shortly after Minecraft Steve’s Smash Bros. reveal, screenshots of what seemed to be a blocky Kirby started going viral.





© Image: Nintendo via Jory Satana


Here’s the bad news. It’s not real. The images floating around right now all seem to hail from a two-year-old Wii U mod made by Jory Satana that adds a more pointy version of our puffball to the platform fighter. Already, there’s a comment under the mod posted on Thursday that reads, “well, sakurai did it.”

Despite this sad truth, the internet’s gears are in hyperdrive. Many are expressing love for “Minecraft Kirby,” or drawing up fan art

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Today, Google will announce the Pixel 5 and 4A 5G. Well, not so much “announce” as launch, since the company already told us these phones were coming when it announced the Pixel 4A in early August. We know what to expect because these phones have leaked every which way but Sunday. And Google has already told us what the Pixel 4A 5G will cost, too: $499.

About the only thing that isn’t widely confirmed as of this writing (late last night) is the pricing for the Pixel 5. There are strong rumors that it will clock in at $699, which lines up with the big takeaway I expect to come away with today. That would be this: Google is retrenching into the midrange this year instead of directly trying to compete with the flagships from Apple and Samsung.

Moving down in price would be more true to what the Pixel

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Update: Nintendo’s free Switch fitness game, Jump Rope Challenge, was originally slated to be delisted from the Switch eShop on September 30, but that’s no longer the case. As announced on Twitter, the game will now remain available to download “until further notice.” With the pandemic ongoing, that gives you another chance to download the game in order to keep working out at home.

The original story follows.

Earlier this year, Nintendo released a small fitness game on the Switch eShop called Jump Rope Challenge–a free app that keeps track of how many times you virtually jump rope. If you’ve yet to download it, however, your time to do so is quickly running out, as the game will only be available on the digital storefront until the end of this month.

As the company previously announced, Jump Rope Challenge is being removed from the eShop this Wednesday, September 30. It’s

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Update: Nintendo’s free Switch fitness game, Jump Rope Challenge, was originally slated to be delisted from the Switch eShop on September 30, but that’s no longer the case. As announced on Twitter, the game will now remain available to download “until further notice.”

The original story follows.

Earlier this year, Nintendo released a small fitness game on the Switch eShop called Jump Rope Challenge–a free app that keeps track of how many times you virtually jump rope. If you’ve yet to download it, however, your time to do so is quickly running out, as the game will only be available on the digital storefront until the end of this month.

As the company previously announced, Jump Rope Challenge is being removed from the eShop this Wednesday, September 30. It’s unclear if it will be offered again in the future, so if you’re interested in grabbing it, you should do so

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chart, histogram


© Andriy Onufriyenko


No force in financial markets is as powerful and predictable as “mean reversion,” the tendency of stock and bond prices that are extraordinarily high or low versus history to return to their long-term norms. The big drop we’re now seeing in tech shares looks like a classic case in point, as economic gravity takes charge, pulling high-flying prices closer to where they’ve traditionally hovered relative to earnings. We’re hearing sundry explanations for the fall—”a second lockdown is on the way,” “chances for new stimulus are fading,” or “the trade war with China is endangering Big Tech”—but the one that makes the most sense is most basic: mean reversion that comes and goes, but always comes again.

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In a previous story, this reporter studied

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Elon Musk standing in front of a stage: Elon Musk is a cofounder of OpenAI. Susan Walsh/Associated Press


© Provided by Business Insider
Elon Musk is a cofounder of OpenAI. Susan Walsh/Associated Press

  • Elon Musk voiced his discontent on Twitter that OpenAI — the AI research firm he helped found — is exclusively licensing its famous natural language software GPT-3 to Microsoft.
  • “This does seem like the opposite of open. OpenAI is essentially captured by Microsoft,” Musk tweeted.
  • GPT-3 is able to generate text that looks natural enough to have been written by a human.
  • Microsoft said others would still be able to access GPT-3 via an API, so it isn’t clear that it’s cutting others off.
  • Visit Business Insider’s homepage for more stories.

It looks like Elon Musk is increasingly unhappy with OpenAI, the AI research firm he helped found five years ago.

Microsoft announced on Tuesday that it was exclusively licensing GPT-3, a natural language AI-powered tool made by OpenAI.

The announcement was met with some

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