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Nvidia Jensen Huang on what excites him to most when it comes to robotics and physical AI: ‘We need a...’
toi39d ago

Nvidia Jensen Huang on what excites him to most when it comes to robotics and physical AI: ‘We need a...’

Nvidia's chief Jensen Huang sees a future where computers understand the physical world. This 'Physical AI' will revolutionize industries like manufacturing and logistics. Every object will have a precise 3D digital twin. This allows for virtual testing of robots and simulations. Generative AI will then interact with these digital twins, merging creativity with the real world.

#TECH
nwahomepage39d ago

The top American muscle cars

Over the last 60 years several Asian and European automakers have co-opted the classic muscle car recipe – a large V8 engine stuffed into a smaller, rear-wheel drive platform – but muscle cars remain an American phenomena.

#TECH
Prospect Capital (NASDAQ:PSEC) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS
thelincolnianonline39d ago

Prospect Capital (NASDAQ:PSEC) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Prospect Capital (NASDAQ:PSEC – Get Free Report) posted its earnings results on Thursday. The financial services provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.11 by $0.05, Zacks reports. Prospect Capital had a positive return on equity of 12.00% and a negative net margin of 10.42%.The firm had revenue of $150.07 [...]

#STOCKS#COMMODITIES
XRP Analyst Reveals The Question No One Asks And Why It’s Important
newsbtc39d ago

XRP Analyst Reveals The Question No One Asks And Why It’s Important

XRP is drawing renewed attention in the crypto community after an analyst raised a key question about the driving force behind demand for the asset in a global settlement system. The discussion focuses on how XRP would function if the XRP Ledger (XRPL) were widely adopted for payments, and whether the cryptocurrency’s value comes from usage, liquidity routing, or deeper institutional structures built around it. Related Reading: Bitcoin Bulls Need One More Signal To Confirm Market Bottom – Details Analyst Questions XRP’s Demand Source In An XRPL Economy Crypto analyst Iso Ledger posted a compelling question in an X post on May 7, 2026, sparking debates across the crypto community. The analyst argued that if the entire world used the XRP Ledger and settled with the RLUSD stablecoin, XRP would primarily function as a gas token. If this is the case, he questions what actually creates real and sustainable demand for XRP within that system. Iso Ledger explained that the answer lies in “bridging.” In his view, XRP gains demand when it is used as a liquidity bridge between two currencies or assets that do not have direct trading pairs. He used the example of a Japanese pension fund paying a Brazilian supplier, in which XRP would route value between OUSG and a BRL stablecoin when no direct liquidity exists. In this structure, XRP is not just a fee mechanism but a neutral bridge asset that enables settlement between disconnected markets. According to Iso Ledger, this is where demand is created through transaction flow rather than simple usage. However, he also raised a more complicated issue about what happens when liquidity becomes too deep across all assets on XRPL. If direct pairs exist between most major currencies and stablecoins, XRP may no longer be needed for routing. In that case, it could be sidelined in favor of direct settlement paths. Iso Ledger suggested this creates a tension in the cryptocurrency’s long-term value model. According to him, XRP either has to become expensive enough to remain practical for large institutional settlement or stay low-priced around $2 and collect fractions of a penny with low demand forever. XLS-66D Seen As Solution To XRP’s Demand & Supply Issue He pointed to the upcoming XLS-66D, a proposed lending protocol on XRPL, as a potential solution that could lock up XRP supply. By reducing circulating supply, XRP’s price could increase, which in turn could strengthen its role as a settlement asset and support more adoption in a feedback loop. He believes this loop could eventually lead to a continuous demand and price appreciation in the long run. Related Reading: XRP Flashes Historic Rally Signal, Fueling $12 Price Speculation He concluded his debate by raising a key question. Iso Ledger asked why institutions would build a lending protocol or a $550,000 security audit around a “gas token.” He questioned why companies would create XRP ETFs or why Goldman Sachs would invest $152 million in XRP if it were just a simple gas token. According to him, the market is underestimating XRP’s evolving role in global settlement systems. He said that its price just hasn’t caught up with the bullish developments surrounding it. Featured image from Unsplash, chart from TradingView

#ECONOMY
David Beckham Invested $25M In An MLS Expansion Option And Turned It Into A $1.45B Inter Miami Franchise Empire
benzinga39d ago

David Beckham Invested $25M In An MLS Expansion Option And Turned It Into A $1.45B Inter Miami Franchise Empire

Soccer icon-turned-sports mogul David Beckham took advantage of a clause in his Major League Soccer contract to establish a $25 million sports franchise 13 years ago, which Forbes now values at a whopping $1.2 billion. Beckham Was Going to Become ‘Half A Film Star' Beckham shocked the sports world, and even his own mother, when he left Europe's big soccer leagues to join the LA Galaxy in 2007. The MLS was only 13 years old at the time, and crowds were often sparse, while some questioned the real motive for the switch. After leaving Real Madrid for the U.S., President Ramon Calderon publicly lashed out at Beckham. Beckham was going to Hollywood to become "half a film star," Calderon reportedly said . Don't Miss: Investors With $1M+ Often Use Advisors for Tax Strategy — This Tool Matches You With One in Minutes Think the biggest tech gains happen after an IPO? Click here to see why some investors are looking at opportunities before companies go public. But hidden in Beckham's contract was the option to buy an expansion franchise for $25 million, which he exercised in 2014, establishing Inter Miami. A team of business partners joined him in the deal, including local businessman Jorge Mas, who had unsuccessfully tried to buy the Miami Marlins baseball team. Masayoshi Son, CEO of Japanese tech giant SoftBank , was also involved in the deal. Beckham Has The Last Laugh With Savvy Business Moves Beckham has since resoundingly answered his critics as the $25 million deal looks like a steal. Billionaire Mohamed Mansour and his business partners had to pay a record-breaking fee of $500 million for the new San Diego FC expansion team, according to the New York Times. As Beckham's vision continues to be fulfilled with the club moving into a brand new stadium, one of his savviest moves was to tempt another of soccer's superstars, Argentine Lionel Messi, to play for Inter Miami. See Also: See What AI Could Build for Your Portfolio — Try a Custom Index Now “Thirteen years ago, I announced Miami was my choice. We had no name. We had no fans. We had no stadium," Beckham was quoted as saying by ESPN, as the stadium hosted its first match. "We are champions of the MLS. We have the best player in the history of the game playing in Miami. Dreams really can come true.” The club has gone from strength to strength with Beckham's guidance, and Forbes said that Inter Miami now has a revenue of $180 million, with $50 million of operating income, while it attracts major sponsors like Adidas. However, it is still Beckham's former club, Real Madrid, that tops the list of the most valuable teams in the sport with a valuation said to be $6.75 billion. Alongside the NFL's Dallas Cowboys, Real Madrid is one of only two sports teams to have crossed the $1 billion revenue barrier. Read Next: What If Your Investment Income Didn't Rely Entirely on Market Swings? Some Investors Are Taking a Different Approach From Apple to Tesla — ... Full story available on Benzinga.com

#ECONOMY
Short-stay Street: in some parts of Sydney, Airbnb guests outnumber residents
theguardian39d ago

Short-stay Street: in some parts of Sydney, Airbnb guests outnumber residents

Councillors are pushing for a ban on short-term rentals, particularly in inner-city suburbs – where vacancy rates can be as low as 1% At 10am on High Street in Millers Point, it’s checkout time. Departing guests have left laundry bags on their verandas for cleaners, who have laid out fresh towels on beds in neighbouring rooms. Other guests are heading out sightseeing in “I love Sydney” T-shirts. Although it boasts enviable harbour views, this is not a tourist resort. It’s a street of Federation-era houses – formerly some of the oldest public housing in Australia – overtaken by short-term rentals, many of them managed through Airbnb. Continue reading...

#ECONOMY
Oil-based products are everywhere, from fertiliser to fashion. What are the alternatives?
theguardian39d ago

Oil-based products are everywhere, from fertiliser to fashion. What are the alternatives?

Substituting the petrochemicals that underpin everyday life is challenging, but there are ways to produce what we need without fossil fuels I tried to live for 24 hours without using oil-based products. It was ridiculously impossible The standoff in the strait of Hormuz has shown just how dependent the world’s economy is on fossil fuels. From petrochemicals to plastics and fertiliser, they all begin life as oil or gas – but are there alternatives? Can we loosen the grip that fossil fuels have on our lives? While solutions to wean the transport system off imported oil are well understood – albeit not fully implemented – substituting the plethora of petrochemicals that underpin everyday life is a much more challenging task . Continue reading...

#ECONOMY