Saturday, June 20, 2026

Forget SpaceX: See This Overlooked AI Stock in Donald Trump’s Portfolio

Extreme Networks (NASDAQ:EXTR), ranked #7 in Donald Trump's stock portfolio, has experienced a remarkable 91% increase since its trade date. The company specializes in networking infrastructure, providing wired and wireless equipment to various sectors including enterprise, government, and education. Its competitive edge lies in AI-driven networking capabilities and a shift towards a cloud-managed software platform, which has led to 36% of its revenues being recurring. The launch of Extreme Platform ONE further enhances its offerings by automating network management and delivering intelligent analytics.

Musician and YouTuber Hainbach on ‘Breath of the Wild’ and Swiss Army Knives

Stefan Paul Goetsch, known as Hainbach, is a prolific German experimental composer and YouTuber recognized for his unique approach to music using laboratory equipment. In 2025 alone, he released six albums, including his latest collaboration, Gentle Hum, with Turkish composer Ah! Kosmos. Hainbach's work often incorporates unconventional percussion and droning analog synths, and he actively engages with his audience through his YouTube channel, where he explores experimental music techniques and vintage gear. His innovative app, Gauss Field Recorder, allows users to transform field recordings into music seamlessly.

The budget airline model in the U.S. is running out of runway

The U.S. budget airline model is facing significant challenges as the market shifts following Spirit Airlines' bankruptcy. Major carriers like Delta and United are leveraging their scale and loyalty programs to dominate, with Delta reporting a record $58.3 billion in revenue for 2025, primarily from premium services. Meanwhile, rising jet fuel costs, which surged 56.4% from February to March 2026, are squeezing smaller carriers that lack the necessary scale to compete effectively. This evolving landscape suggests that the era of low-cost carriers may be fundamentally changing.

Jim Cramer Calls for Bank Mergers and Praises Banco Santander

Jim Cramer has called for increased bank mergers, emphasizing the need for consolidation in the U.S. banking sector. He praised Banco Santander's acquisition of Webster Financial, noting that the company, led by Ana Botín, is capitalizing on relaxed regulatory constraints. Cramer believes that banks equipped with advanced AI technology should be acquiring smaller competitors. He also advised investors to focus on future stock performance, recommending that they hold onto Banco Santander shares and consider buying more if the price drops to $10.

OpenAI's Codex can now watch you work once and repeat the task forever

OpenAI has launched a new Record & Replay feature for its Codex app on macOS, enabling users to demonstrate a task once, such as uploading a YouTube video with metadata, and have the AI automate the process indefinitely. This feature is part of version 26.616 and is not yet available in the EU, UK, or Switzerland, despite the Computer Use feature being accessible in the EU since June 16. Additionally, the update introduces bulk actions for Automations history and allows users to transfer threads between local and remote hosts for task continuity. While the app is free to download, a paid ChatGPT account is required for full functionality.

NYU finance professor Damodaran warns an AI crash could hit harder than the dot-com bust

Aswath Damodaran, a finance professor at NYU, warns that a potential crash in the AI sector could be more severe than the dot-com bubble burst of 2000. In a recent podcast, he emphasized that the AI industry requires substantial investments in physical infrastructure, much of which is financed through debt. This means that a market correction could have far-reaching consequences beyond just shareholders, affecting society at large. Damodaran also questioned the scalability of AI business models, noting that costs do not decrease with increased usage, contrasting it with Netflix's model. He cautioned that if AI fulfills its promise of replacing jobs, it could result in significant unemployment among white-collar workers.

AI buildout gives tech investors new reasons to watch bond market

Tech giants are increasingly turning to debt to finance their ambitious AI data center buildouts, with a projected combined spending of $750 billion in 2026. This shift marks a significant change as companies like Amazon, Alphabet, and Microsoft deplete their cash reserves, making them more sensitive to rising borrowing costs. The Federal Reserve's recent indication of a potential rate hike has prompted tech investors to pay closer attention to interest rates, as higher rates could diminish future cash flow valuations. Goldman Sachs has noted that capital expenditures are at their highest level since the dot-com era, further emphasizing the capital-intensive nature of these expansions.

Massive bonuses for South Korea's chip workers puts central bank on inflation alert

The Bank of Korea is raising inflation alarms as tech workers in South Korea, particularly at SK Hynix and Samsung Electronics, are projected to receive bonuses approaching $500,000 next year. This unprecedented scale of bonuses, which includes 10% of operating profits for SK Hynix and 10.5% for Samsung's semiconductor division, could lead to broader wage increases and elevate inflationary pressures. The central bank forecasts inflation to hit 2.7% for 2023, exceeding its 2% target, amid rising consumer spending on luxury goods in regions housing these tech firms.

Data2Story turns a CSV file into a verified interactive news article using seven AI agents

Data2Story, developed by researchers from Oxford and Stanford, automates the creation of interactive news articles from CSV files using a system of seven AI agents. This tool generates articles with comprehensive context, statistics, and graphics, while ensuring verifiability through its unique 'Inspector' feature, which links every claim to its source. In a demonstration using the 2026 FIFA World Cup schedule, the AI produced a climate-focused article highlighting that nearly 40% of matches are in areas classified as extremely high heat risk. The system achieved a verifiability rate of 93%, significantly higher than the typical 25% for human-written articles.

Apple Launches Core AI for Apple-Silicon Optimized On-Device Generative AI

Apple has launched the Core AI framework at WWDC 26, marking the official successor to Core ML. This new framework allows developers to run large language models and generative AI entirely on-device, supporting models with up to 70 billion parameters. Core AI, which operates exclusively on Apple Silicon, emphasizes user data privacy by eliminating server dependencies and per-token cloud costs. It provides a unified architecture for deploying various models, from compact vision models to large-scale LLMs, across Apple's ecosystem, including iPhone, iPad, Mac, and Apple Vision Pro.

Nobel laureate John Jumper is leaving DeepMind for rival Anthropic

Nobel laureate John Jumper has announced his move from Google DeepMind to rival Anthropic after nearly nine years at the company. In a post on X, Jumper thanked DeepMind CEO Demis Hassabis for allowing him to lead the AlphaFold team just six months after finishing his PhD. He acknowledged the valuable lessons learned at DeepMind and expressed excitement for the company's future discoveries. Jumper was instrumental in developing coding tools at DeepMind, which have faced challenges in commercial adoption.

Every new iOS 27 feature that’s worth knowing about

Apple's iOS 27, unveiled at WWDC, introduces a range of enhancements across its apps, including Apple Wallet's new bill-splitting feature that uses the iPhone camera to scan receipts and calculate shares for friends. Apple Maps has improved its 'Flyover' feature for 3D city views and added 'Local Lists' to help users discover trending local spots. Additionally, Find My will offer customizable location-sharing options, allowing users to share their whereabouts for specific durations, while Apple Music expands its Lyrics Translation feature to support seven new languages.

Moves of the Diamond Hand is an unfinished, irresistibly weird dice-based RPG

Moves of the Diamond Hand, an Early Access RPG from Cosmo D Studios, immerses players in a surreal world filled with animal-human hybrids and absurd quests. The game features a unique dice-rolling mechanic that influences nearly every action, allowing players to engage in activities like sandwich crafting and political maneuvering. Currently available on PC, macOS, and steamOS, it offers a glimpse into its first two chapters, with a full launch expected in spring 2027. The game’s setting, Off-Peak City, is a vibrant metropolis shaped by both sinister corporations and creative individuals, creating a rich backdrop for its quirky narrative.

Toy Story has the right take on tech

Pixar's upcoming film, Toy Story 5, creatively tackles the complexities of screen time, featuring an iPad as the villain. The movie is set to premiere on June 24, 2026, and aims to provide a nuanced perspective on technology's role in children's lives. Alongside this, the tech landscape is buzzing with new products, including Snap's $2,195 smart glasses, Android 17's multitasking features, and the Microsoft Surface Laptop 8, which boasts new Qualcomm chips for enhanced performance.

Galaxy Watch 9 and Ultra 2 leaks reveal more changes, no Classic after all [Gallery]

Ahead of Samsung's July event, leaks have surfaced detailing the Galaxy Watch 9 and Galaxy Watch Ultra 2. New color options include black, silver, and beige, while the Ultra 2 will feature a boxier design and thinner bezels. Notably, Samsung will not release a Classic model this year, aligning with its recent trends. Software updates include a redesign of the Samsung Health app and a new watchface picker, as shown in leaked renders.

Apple is permanently closing three stores today, here’s the list

Apple is permanently closing three stores in the U.S. today, specifically in Towson, Maryland; Escondido, California; and Trumbull, Connecticut. The closures, announced in April, stem from declining conditions at the malls housing these stores, with Trumbull Mall recently defaulting on over $150 million in loans. Apple stated that employees from the Trumbull and Escondido locations can transfer to nearby stores, while those at Towson must apply for other roles, a decision met with criticism from the union representing its workers, who argue it discriminates against unionized staff.

Has your Pixel battery life improved after updating to Android 17? [Poll]

The rollout of Android 17 for supported Pixel devices has begun, prompting users to assess its impact on battery life. Initial reports indicate that some users, particularly those with the Pixel 10 series, have noticed slight improvements in daily standby and screen-on metrics. However, older devices may not benefit significantly due to existing battery degradation. The update emphasizes efficiency and cleaner background processing, though the placebo effect may lead users to perceive changes that normalize over time. A survey is currently open for users to share their experiences with battery performance post-update.

The UK will scan asylum-seekers’ faces for age checks—despite knowing the tech is flawed

Beginning in 2027, the UK government will introduce facial age estimation (FAE) technology to assess the ages of asylum seekers, marking a controversial first use of AI in this context. Internal reports reveal that these systems frequently misidentify children as adults, particularly among Sub-Saharan Africans, who represent the largest group of migrants arriving in the UK. The Home Office's testing indicated an average age misclassification of 4.6 years for female Sub-Saharan Africans, raising significant concerns about legal protections for vulnerable individuals. Despite awareness of these flaws, the government is moving forward with the program, which could have severe implications for those seeking asylum.