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Lamborghini on Friday launched the Revuelto SV, a limited-edition hybrid version of its V12 Revuelto that’s the fastest and most powerful car ever built at its factory. The model is the latest in Lamborghini’s storied “SV” line, which began 55 years ago with the Miura SV and has showcased lighter, more aerodynamic and more powerful versions of its flagship supercars. The new hybrid supercar gets an electrified boost to add to “the adrenaline and the emotions” of driving a Lambo, the car’s product chief told CNBC.”The Revuelto SV gives our customers the opportunity to go beyond in terms of performance,”…

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Gowrisankaran, Langer and Reguant have an excellent paper, Energy Transitions in Regulated Markets (WP), in the latest AER. The basic idea is that regulation designed to prevent utilities from building useless power plants can induce them to keep obsolete power plants. Some background. We regulated electric utilities under the theory that they were natural monopolies and therefore we would do better by pushing their prices down. What’s a reasonable price? Hard to say, so regulated utilities were allowed to recoup their operating costs plus a fair return on their “rate base”—their capital stock. Makes sense, but once profits depended on…

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     This week, I speak with Ankur Crawford, Executive Vice President at Alger and Portfolio Manager of the Alger Capital Appreciation, Focus Equity, and Spectra Strategies. We discuss her journey from engineering to investment, along with understanding AI and compute investment cycles. She discusses how she builds an investment strategy. A transcript of our conversation is available here Tuesday. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. Be sure to check…

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Listen to the audio version of this article (generated by AI). Picking a winner only matters if you get this decision right Would you rather own one asset or an empire? In 1977, 20th Century Fox released a strange science-fiction movie that would soon become the highest-grossing film ever made. The studio took a gamble that other movie production companies had rejected. Fox had backed the right director, financed the right movie, and introduced the world to a franchise that would ultimately generate billions of dollars. Fox had helped produce a historic success. But George Lucas had made the better…

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A recent AI deal reveals an unexpected group of companies that could benefit from the industry’s biggest bottlenecks. Listen to the audio version of this article (generated by AI). Hello, Reader. In the 1989 film Field of Dreams, the famous line goes: “If you build it, they will come.” But in the AI boom, the saying may need an update: “If you build it, communities will protest. But if you have already built it, they may come.” The “it” here is data centers. As AI firms race to build more data centers, communities are increasingly pushing back against new projects. On…

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Two weeks ago, Robert left a comment that asked me to name my five favorite dividend stocks that pay monthly. I can easily rattle off my five favorite dividend stocks right now, but none of them pay out monthly. Two monthly payers that come to mind are both above my target buy-up-to price. And one of them recently switched from monthly to quarterly payouts—STAG Industrial (STAG). I’m not against monthly payers, it’s just that they are harder to find. You tend to find them in some REITs, some BDCS, royalty trusts, and closed-end funds (CEFs). But I totally get why…

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Key PointsAmazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are two of the biggest names in artificial intelligence (AI). Both of these companies have taken a similar path, choosing to integrate AI into their own products but utilize other providers’ models instead of creating their own. They each also have a thriving cloud computing business, benefiting from rising AI workloads.But which one of these two makes for the better buy? Let’s take a look at the fourth- and fifth-largest companies in the world, and see which makes the most sense for your investment dollars. Missed Nvidia in 2009? This Rare Signal…

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We may earn a fee if you click on the links below. Compensation does not determine ranking. Not all brands are included. Learn more. Average mortgage rates today Ads by Money. We may be compensated if you click this ad.Ad Mortgage rates continued to decline on Thursday as more data pointed to easing consumer prices. Rates remain in the mid-6% range, however, and still pose a challenge for many homebuyers as the summer selling season winds down. Key mortgage rate averages: The 30-year fixed rate mortgage averaged 6.52% APR The 30-year fixed rate FHA mortgage averaged 7.23% APR The 30-year…

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