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☆ Goldman Sachs says these 11 stocks are next in line to benefit from the AI wave as Magnificent 7 dominance starts to fade
▼ + stars: | 2024-11-24 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

Just seven stocks have fueled much of the market's rally: Amazon, Apple, Alphabet, Microsoft, Meta, Nvidia, and Tesla. Move over, Magnificent SevenAfter an incredible two-year rally, it's may be difficult to see the Magnificent Seven cooling off. For context, the Magnificent Seven outperformed the rest of the S&P 500 by 22% so far this year and 63% in 2023. "And so our analysis is there's potential for multiple expansion in those stocks," Kostin added. To find companies likely to see enhanced revenues from AI, Goldman Sachs analyzed recent messaging from company management regarding AI rollout.

Persons: Goldman Sachs, Tesla, David Kostin, Kostin, That's, Goldman Organizations: Microsoft, Meta, Nvidia, Digital Realty

☆ Former BP Chief Joins A.I. Data Center Developer
▼ + stars: | 2024-11-24 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: +1 min

Bernard Looney, the former chief executive of BP, one of the world’s largest energy companies, said Sunday that he would become chairman of a data center start-up in the United States, a move that comes amid a ravenous appetite for electricity to power the boom in artificial intelligence. The company, called Prometheus Hyperscale, plans to build a $10 billion data center on a 640-acre site in Evanston, Wyo., carved out of the family ranch of the company’s founder and chief executive, Trenton Thornock. The hope is to attract companies like Amazon, Microsoft or Google with mushrooming needs for computer power, Mr. Looney said in an interview. Prometheus plans to expand in the United States and internationally, he added. I’ll be helping them with strategy.”Mr.Looney, 54, left BP last year after acknowledging that he failed to properly disclose personal relationships with colleagues.

Persons: Bernard Looney, Hyperscale, Looney, Prometheus, I’ll, ”, “ I’ll, ” Mr.Looney Organizations: BP, Trenton, Microsoft Locations: United States, Evanston, Wyo, Trenton Thornock

☆ The FTC is investigating Microsoft for anticompetitive practices, some of which may have been directed at the government itself
▼ + stars: | 2024-11-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Lina Khan, chair of the Federal Trade Commission, said her agency plans to investigate Microsoft for anticompetitive practices in the cloud market. A recent report from ProPublica found that the government itself might also have been a target of those anticompetitive practices. Microsoft offered the government access to its G5 security capabilities free for the first year as well as consultants to help install the products, ProPublica reported. The goal was to "spin the meter" for Azure and help it gain market dominance over its competitor, Amazon, a sales representative for Microsoft told ProPublica. However, legal expert James Nagle, who specializes in the federal contracting process, told ProPublica, "This is not truly gratuitous.

Persons: ProPublica, Lina Khan, James Nagle, Peter Cohan, Steve Faehl Organizations: Microsoft, Federal Trade Commission, Babson College, Business, Administration

☆ I want to thank shortsighted stock traders for allowing us to win the long game
▼ + stars: | 2024-11-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I lost my church years ago, defrocked by the desire to teach through "Mad Money" and the Investing Club. The Investing Club owns them all except Tesla. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Mark Haines, Disney, Joe Kernen, David Faber, Andrew Ross Sorkin, Becky Quick, Larry Kudlow, Cramer, Haines, Rowan, Transocean, Jim Bob, Kudlow, Lazarus, Tesla, Russell, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: TikTok, Financial News Network, CNBC, Wall, Journal, GMA, Fox Business, Federal, Investing, Microsoft, Nvidia, Investing Club, Jim Cramer's Charitable Locations: TheStreet.com, gander

☆ Microsoft CEO Satya Nadella says the company needs a 'culture change' after security failures
▼ + stars: | 2024-11-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

AdvertisementMicrosoft CEO Satya Nadella called for a culture change amid the company's security challenges. Microsoft has accepted responsibility for security flaws, acknowledging breaches by hackers. Microsoft, the world's largest software maker, doesn't have the best track record regarding security. Microsoft CEO Satya Nadella says the company needs to change that. Since taking the helm in 2014, Nadella has been known for leading empathetically and emphasizing that change wouldn't come from blaming employees.

Persons: Satya Nadella, Brad Smith, Nadella Organizations: Microsoft, US Department of Homeland Security, Department of Homeland Security, Wired, Business Locations: CrowdStrike, Russian

☆ Microsoft is finally testing its Recall photographic memory search feature. It's not perfect
▼ + stars: | 2024-11-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. Microsoft first touted Recall in May as a prominent feature that would only be available for cutting-edge Copilot+ PCs running the Windows 11 operating system, like the latest Surface Pro. A backlash from cybersecurity experts about the potential risks of Recall, however, led Microsoft to revamp it. Copilot+ PCs with AMD or Intel chips are out of luck for now. WATCH: Microsoft to release controversial Windows Recall AI search feature to testers in October

Persons: It's, you've Organizations: Microsoft, Pro, Qualcomm, Windows, AMD, Intel Locations: New York

☆ I'm an engineer who left Silicon Valley for Philadelphia. I was worried about leaving the tech hub, but I love Philly's lower cost of living.
▼ + stars: | 2024-11-23 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

I found that I was clashing with the culture of Silicon Valley. I attributed that attitude to the Silicon Valley atmosphere. In Silicon Valley, you have a lot of Google people, a lot of Meta people, and, at the time I was there, a lot of Tesla people. An aerial view of Silicon Valley. The sustainability hub is in Silicon Valley, and moving to the other side of the country felt like I was separating myself from that.

Persons: Adam Fletcher, Fletcher, NerdWallet, unravels ChatGPT, I've, They're, we're, It's, There's, Philadelphia Jon Lovette, Philly Organizations: San, Philadelphia, Stanford, Applied Materials, East, Carbon, Carbon Reform, Eagles, Phillies, University of Pennsylvania, Drexel University Locations: San Francisco, East, San Francisco , California, Philadelphia , Pennsylvania, Philly, Philadelphia, Bay, Santa Clara, California, Silicon Valley, Silicon, East Coast, Rittenhouse, New York, DC

☆ Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | Hayden Field Is A Cnbc Reporter | ) www.nbcnews.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in popularity. In March, Amazon’s $2.75 billion investment in Anthropic was the company’s largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot’s debut, designed for businesses looking to integrate Anthropic’s AI.

Persons: Claude chatbot, Claude —, Claude, It’s, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon’s, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
▼ + stars: | 2024-11-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."

Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian

☆ Jeff Bezos says Elon Musk's claims are '100% not true' after the Tesla CEO reignites their feud
▼ + stars: | 2024-11-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in an X post on Thursday. Musk said Bezos told people they should sell Tesla and SpaceX stock because Donald Trump would lose. Bezos said Musk's claim was "100% not true," to which Musk replied, "I stand corrected." XBusiness Insider was unable to confirm the veracity of Musk's post. AdvertisementNovember 22, 2024: This story has been updated to include Bezos' response to Musk's Thursday X post, and Musk's response to Bezos.

Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Donald Trump, Trump, wasn't, he'd, Musk's, Tesla, SpaceX isn't, Thomas Roulet, Elon, Bill Gates, Gates Organizations: SpaceX, X, Mar, Department of Government, Amazon, Trump, Tech, Bloomberg, University of Cambridge, Twitter, Microsoft Locations: Trump's Florida, China

☆ Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
▼ + stars: | 2024-11-22 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

While Anthropic and OpenAI continue to raise significant sums, some smaller companies have essentially been folded into Google and Microsoft. U.S. regulators are also scrutinizing the multibillion-dollar investments that Microsoft, Amazon and Google are putting into A.I. But the deals are seen as allowing the big companies to form deep ties with their smaller rivals while avoiding most government scrutiny. Like OpenAI, Anthropic is a developer of so-called generative A.I., the technology capable of learning from vast amounts of data to create humanlike text and images. Anthropic has tried to position itself as one of the more responsible actors in the field of A.I.

Persons: OpenAI, Anthropic’s Claude, Anthropic Organizations: Google, Microsoft, The New York Times, The Times Locations: U.S

☆ 8 programming languages to know to land a job on Wall Street
▼ + stars: | 2024-11-22 | by ( Bianca Chan | ) www.businessinsider.com time to read: +2 min

Python and SQL are among the most popular languages; C++ and Tableau are more specialized. Big Tech firms like Apple and Amazon have signaled a move away from the complicated coding language C++, but there's still a place for engineers who know the coding language on Wall Street. AdvertisementIn today's machine-to-machine world, having some experience with programming languages is a must. As it turns out, not all programming languages are made equal and some are more relevant to certain corners of Wall Street than others. Here are the programming languages to know:

Persons: there's, Apple, Swift, It's, Matt Stabile Organizations: Business, Big Tech, Apple, Stony Brook University, White, Citadel Securities, Microsoft, Virtu Financial, Hudson, Sigma, Susquehanna International Group, Wall

☆ HSBC names 2 China stock picks for 2025 — and gives one over 70% upside
▼ + stars: | 2024-11-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are "turning a corner" following a series of government stimulus measures , HSBC said, naming its top stock ideas for 2025. Here are two of the stocks HSBC likes: KE Holdings HSBC is bullish on real estate player KE Holdings (or Beike), and considers it a key beneficiary of "China's 2025 inflection point." KE Holdings "has the highest earnings sensitivity to a recovery in property sales in both the primary and secondary markets," he added. KE Holdings' shares are listed on the Hong Kong Exchange and trade as an American Depositary Receipt (ADR) in the U.S. under the ticker BEKE . Hongfa Technology HSBC is also bullish Hongfa Technology and has a target price of 48.10 Chinese yuan ($28.30) on the stock, giving it around 50% upside.

Persons: Oliver Yu, Goldman Sachs, Morgan Stanley, Yu, Corey Chan, Chan, — CNBC's Michael Bloom Organizations: HSBC, KE Holdings HSBC, Holdings, HSBC Global Research's, Real, KE Holdings, Hong Kong Exchange, Hongfa Technology HSBC, Technology, HSBC Qianhai Securities, Shanghai Stock Exchange, iShares Global Tech ETF, Fidelity MSCI Locations: China, U.S

☆ Trump's new administration should 'not tolerate' the level of cyber attacks coming from Russia and China, Microsoft president says
▼ + stars: | 2024-11-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Microsoft President Brad Smith has urged Donald Trump to protect the US from Russian, Chinese, and Iranian cyber attacks. He said that Joe Biden's administration had made "tremendous progress" on the issue, but added that more steps were needed to dissuade and deter countries from "unleashing these cyber attacks." Smith's appeals come as the US faces an ongoing wave of cyber attacks that have targeted government agencies, election campaigns, and businesses. and in some cases even facilitated" such attacks, Smith told the FT. The review found that a Microsoft security breach by a Chinese-affiliated hacking group in 2023 was "preventable and should never have occurred."

Persons: Donald Trump, Cybersecurity, Smith, Brad Smith, Trump, Joe Biden's, Christopher Wray, cyberattacks, Satya Nadella Organizations: Microsoft, Financial Times, Cyber Safety Locations: Russia, China, Iran

☆ Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI's ChatGPT and Google's Gemini, has exploded in popularity. In March, Amazon's $2.75 billion investment in Anthropic was the company's largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot's debut, designed for businesses looking to integrate Anthropic's AI.

Persons: Claude chatbot, Claude —, Claude, It's, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon's, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
▼ + stars: | 2024-11-22 | by ( Will Martin | ) www.businessinsider.com time to read: +2 min

AdvertisementEV battery maker Northvolt has entered Chapter 11 bankruptcy protection, it said on Thursday. Northvolt said it had secured an extra $245 million in funding as part of the bankruptcy deal. Northvolt, the battery company founded by two former Tesla executives, has filed for Chapter 11 bankruptcy protection after struggling to ramp up production. AdvertisementFounded in 2016 by Carlsson and Paolo Cerutti, Northvolt aimed to revolutionize battery manufacturing but has struggled in recent months. In June, BMW pulled out of a $2.1 billion order for battery cells for its EVs, citing delays to deliveries.

Persons: Northvolt, Goldman Sachs, Tom Johnstone, Peter Carlsson, Carlsson, Paolo Cerutti, Ford Organizations: EV, Tesla, JPMorgan, Microsoft, BMW Locations: Swedish, Sweden, Skellefteå, Europe

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Nike, Microsoft, Flutter, Amazon, Arm, Affirm, AbbVie & more
▼ + stars: | 2024-11-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Goldman Sachs initiates Flutter as buy Goldman said the online gambling company is well positioned. " Redburn Atlantic Equities reiterates Microsoft as buy The firm said investors should buy the dip in Microsoft shares. Baird upgrades KinderCare to outperform from neutral Baird said investors should buy the dip in shares of the daycare company. Baird upgrades Bright Horizons to outperform from neutral Baird said the daycare company is well positioned. Baird upgrades Elastic to outperform from neutral Baird said the software company is an AI beneficiary.

Persons: Goldman Sachs, Goldman, Piper Sandler downgrades Sunrun, Piper, KeyBanc, Baird, Klarna, Phillip, JPMorgan, it's, Carpenter, Needham, it's bullish, John Donohoe, Elliott Hill, they've, Wells, Truist, Leerink Organizations: Citi, Apple, UBS, Microsoft, RBC, Bank of America, Apple Pay, Phillip Securities, Nvidia, Carpenter Technology, JPMorgan, Nike, " Bank of America, KD, Semiconductors, Global Business Travel Group Locations: 2H25, North America

☆ Salesforce CEO Benioff rips Microsoft's AI efforts. Here's why we're not picking sides
▼ + stars: | 2024-11-22 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

In the emerging AI software battle between Microsoft and Salesforce , investors do not need to pick a side. The announcements came roughly one year after the tech giant launched a suite of AI assistant tools called Microsoft 365 Copilot. Both companies leaning into AI agents is notable because Salesforce CEO Marc Benioff has not been hesitant to attack Microsoft's competing AI offerings. Salesforce stock is up 28% year to date versus Microsoft's roughly 9% gain since the start of 2024. I don't want to go against Microsoft," Jim said.

Persons: Jim Cramer, —, Marc Benioff, Benioff, who's, Satya Nadella, Nadella, They're, We've, Salesforce, Slack, Agentforce, Jim, it's, Jim Cramer's, Salesforce's Dreamforce, Justin Sullivan Organizations: Microsoft, Deutsche Bank, Club, CNBC, Getty Locations: Agentforce, Salesforce's, Mulesoft, San Francisco , California

The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. In August, a federal judge ruled that Google holds a monopoly in the search market. Last month, the DOJ indicated it was considering a breakup of Google businesses, including potentially breaking up its Chrome, Play or Android divisions.

Persons: Sherman Organizations: Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android

☆ China’s Hacking Reached Deep Into U.S. Telecoms
▼ + stars: | 2024-11-21 | by ( David E. Sanger | Julian E. Barnes | ) www.nytimes.com time to read: +1 min

China’s recent breach of the innermost workings of the U.S. telecommunications system reached far deeper than the Biden administration has described, the chairman of the Senate Intelligence Committee said on Thursday, with hackers able to listen in on telephone conversations and read text messages. “The barn door is still wide open, or mostly open,” the Democratic chairman, Senator Mark Warner of Virginia, a former telecommunications executive, said in an interview on Thursday. and other investigators believed that China’s hackers used stolen passwords to focus mostly on the system that taps telephone conversations and texts under court orders. It is administered by a number of the nation’s telecommunications firms, including the three largest — Verizon, AT&T and T-Mobile. But in recent days, investigators have discovered how deeply China’s hackers had moved throughout the country by exploiting aging equipment and seams in the networks connecting disparate systems.

Persons: Biden, Mark Warner of, Warner, Donald J, Trump, JD Vance Organizations: Senate Intelligence, Democratic, Microsoft, Verizon Locations: Mark Warner of Virginia, China

☆ Oops! OpenAI just deleted important legal data in a lawsuit from The New York Times
▼ + stars: | 2024-11-21 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

AdvertisementThe New York Times and other newspapers are in a legal battle with OpenAI over using their content. Lawyers for the newspapers are searching OpenAI's training data as part of a discovering process. An unusual setback has happened in a lawsuit against OpenAI: the company just deleted a bunch of work by the lawyers representing its opposition. The lawsuit was filed by a group of news organizations including The New York Times and The Chicago Tribune. "Since November 1, 2024, the News Plantifs have spent over 150 person-hours searching OpenAI's training data for instances of the News Plaintiff's Asserted Works.

Persons: OpenAI, Sam Altman, Plaintiff's, hasn't Organizations: New York Times, OpenAI, The New York Times, The Chicago Tribune, Microsoft, Business, News

☆ Microsoft's Copilot has an oversharing problem. The company is trying to help customers fix it.
▼ + stars: | 2024-11-21 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Copilot's indexing of internal data led to oversharing of sensitive company information. Some corporate customers delayed Copilot deployment due to security and oversharing concerns. On Tuesday, Microsoft released new tools and a guide to help customers mitigate a Copilot security issue that inadvertently let employees access sensitive information, such as CEO emails and HR documents. These updates are designed "to identify and mitigate oversharing and ongoing governance concerns," the company explained in a new blueprint for Microsoft's 365 productivity software suite. AdvertisementAs a result, some customers have deployed Copilot, only to discover that it can enable employees to read an executive's inbox or access sensitive HR documents.

Persons: Copilot, overshares, Microsoft's Copilot, Joe Blow, Joe Organizations: Microsoft, Business

☆ CHART: How Nvidia's revenue has exploded in recent years
▼ + stars: | 2024-11-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

AdvertisementNvidia's revenue surged 94% year-over-year last quarter, driven by solid demand for its GPU chips. The historic growth is expected to continue, with analysts estimating more than $200 billion in revenue next year. The company reported revenue of $35.08 billion in the quarter, representing a 94% year-over-year surge and a 492% increase from its third quarter in fiscal year 2023. The massive breakout in Nvidia's revenue growth occurred shortly after OpenAi introduced ChatGPT in November 2022, which was during the fourth quarter of its fiscal year 2023. If Nvidia can meet Wall Street's lofty growth expectations going forward, its stock price could extend its historic run.

Persons: Goldman Sachs, OpenAi, Hopper Organizations: Microsoft, Nvidia, Blackwell

☆ OpenAI CEO Sam Altman was paid $76,001 last year
▼ + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.

Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County

☆ Elon Musk just reignited his feud with Jeff Bezos
▼ + stars: | 2024-11-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in a X post on Thursday. Musk said Bezos told people that Trump would lose and they should sell their Tesla and SpaceX stock. Elon Musk has taken aim at Jeff Bezos once more, reigniting the war of words between the world's two richest people. In a X post on Thursday, Musk said that Bezos had told people to dump their shares in his companies because Donald Trump was bound to lose the presidential election. This message about Bezos is a way to give himself an excuse to legitimately do so, by saying that 'Bezos started it.'"

Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Trump, Donald Trump, ince, ould, ake Organizations: SpaceX Locations: lon, usk, ehicles,

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