menu_open Columnists
Paolo Confino

Paolo Confino

Fortune

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Nvidia will face off with investors demanding perfection as the ‘spigot of investment dollars’ gushes into AI

Investors want updates on DeepSeek and margins for Blackwell, in what is otherwise expected to be another excellent quarter.

tuesday 20

Fortune

Paolo Confino

Trump Media board approves an investment fund to explore acquisitions

Trump Media wants to add more businesses in what it calls the “America First Economy,” according to an SEC filing.

22.02.2025 20

Fortune

Paolo Confino

Trump Media sues a Brazilian judge who clashed with MAGA ally Jair Bolsonaro hours after ex-president was indicted for an alleged coup and assassination attempt

Trump Media alleges that Brazilian judge Alexandre de Moraes’s move to ban certain social media accounts that support former president Jair...

19.02.2025 6

Fortune

Paolo Confino

Markets are starting to view Trump as more of a ‘pushover’ on tariffs than a protectionist, UBS economist says

President Donald Trump announced his administration will study reciprocal tariffs, but stopped short of implementing them at this time.

14.02.2025 7

Fortune

Paolo Confino

The U.S. just hit its lowest score ever on an international corruption measure

The Corruption Perceptions Index ranks 180 countries across a myriad of anti-corruption metrics.

12.02.2025 3

Fortune

Paolo Confino

Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well it’s pretty clearly not allowed under the law’

Lawmakers of both parties grilled Powell over the Fed’s recent decisions.

11.02.2025 5

Fortune

Paolo Confino

Congressman sponsoring DeepSeek ban says China has ‘tried many, many’ times to infiltrate the U.S. via software: ‘We’re right to be vigilant’

A bipartisan initiative wants to ban DeepSeek on government devices over national security concerns.

08.02.2025 5

Fortune

Paolo Confino

Is it safe to fly? Experts say yes. ‘Thousands of operations have occurred since the accident’

After two shocking crashes dented Americans’ confidence in air travel, aviation experts say it remains safe to fly.

03.02.2025 6

Fortune

Paolo Confino

Trump Media is quietly storing at least one of its data centers in a facility owned by a longtime Republican donor and media mogul

Trump Media often redacts the location of its data centers, but a footnote in a contract pointed to the location of one.

01.02.2025 10

Fortune

Paolo Confino

Activist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble

The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports bettors” by flocking...

01.02.2025 20

Fortune

Paolo Confino

The Fed is pausing interest rates as most investors expected — and stocks decline on the news

The Fed delivered on investor expectations and paused rate cuts for the first time in three meetings.

29.01.2025 5

Fortune

Paolo Confino

Trump Media expands into fintech and cryptocurrency — and the stock leaps

The president’s company will launch a fintech and investment platform called Truth.Fi to invest in ETFs and crypto.

29.01.2025 6

Fortune

Paolo Confino

Elon Musk gave the cold shoulder to Norway’s $1.4 trillion sovereign wealth CEO Nicolai Tangen after the fund snubbed the Tesla CEO’s pay package—twice

Musk texted Tangen it would be too “difficult and expensive” to travel to Oslo for a home-cooked dinner with other CEOs.

29.01.2025 60

Fortune

Paolo Confino

Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’

Analysts say U.S. tech stocks will rebound because DeepSeek’s success will spur more investment into AI.

29.01.2025 6

Fortune

Paolo Confino

The stock market gauge named after Warren Buffett just hit an all-time high, sending a warning worse than before the dot-com bubble burst

The metric, which compares the market cap of publicly traded companies to GDP, is higher than ever.

24.01.2025 10

Fortune

Paolo Confino

Stock market winners and losers on Trump’s second day in office

Overall, markets rose, as Trump eased investors’ fears about his line on tariffs.

22.01.2025 10

Fortune

Paolo Confino

Trump’s new memecoin and Trump Media stock are both plunging in a massive post-inauguration sell-off

Both assets have been accused of their value being disconnected from their financial performance.

21.01.2025 10

Fortune

Paolo Confino

Trump’s inauguration weather could be below 21°—the coldest since Ronald Reagan’s

If the forecast is correct, it will be the coldest inauguration since Ronald Reagan's in 1985.

18.01.2025 5

Fortune

Paolo Confino

As TikTok prepares to shut down, billionaire Frank McCourt wants to buy it to radically change how the internet works

McCourt wants to build a decentralized version of the internet where individual users, rather than tech companies, own the reams of data spawned by...

18.01.2025 5

Fortune

Paolo Confino

Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes

It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.

18.01.2025 10

Fortune

Paolo Confino

LeBron James’ business partner is raising $5 billion for a basketball league to rival the NBA

The international basketball league spearheaded by Maverick Carter would compete with the NBA.

17.01.2025 10

Fortune

Paolo Confino

Steve Bannon vows to demolish Elon Musk’s political influence in a mission he says is ‘personal’

Bannon leveled numerous insults against Trump’s wealthy ally, labelling him “evil” and urging him to return to his native South Africa.

13.01.2025 3

Fortune

Paolo Confino

Claims about a billionaire couple hurting efforts to fight the LA fires via their ‘control’ of the water supply are false

How Stewart and Lynda Resnick, owners of the Pom and Fiji brands, became the targets of antisemitic attacks.

12.01.2025 8

Fortune

Paolo Confino

Frank McCourt and Kevin O’Leary formally offer to buy TikTok after securing investors, debt financing, and a go-ahead from the White House

The Supreme Court is set to hear opening arguments in Bytedance’s case to block a sale.

10.01.2025 9

Fortune

Paolo Confino

‘The few times I’ve done investing, I’ve lost my shirt’: Netflix cofounder Reed Hastings opens up on his investing track record

The Netflix cofounder says his investments are “pure” index funds—and about $1.9 billion in Netflix stock.

09.01.2025 7

Fortune

Paolo Confino

Samsung warns its inability to meet demand for AI chips will make fourth-quarter profits fall sharply

The announcement comes after the world's largest memory-chip maker issued a rare apology in October acknowledging it was facing a "crisis".

08.01.2025 8

Fortune

Paolo Confino

Elon Musk’s attacks on Europe’s leaders and embrace of its far right signals to U.S. allies their relationship is set to change

Elon Musk, the world’s richest man and a major force in U.S. politics, is taking his influence to Europe.

08.01.2025 30

Fortune

Paolo Confino

Bedbugs are ‘more common on planes than people like to admit,’ cleaning expert says

Passengers reported finding bed bugs on multiple Turkish Airlines flights last year.

05.01.2025 7

Fortune

Paolo Confino

Airline passengers who found bedbugs infesting their seats were allegedly rebuffed by flight crew

Some of the flights with reports of bedbugs were 13 hours long.

02.01.2025 6

Fortune

Paolo Confino

Elon Musk eyes a deal with his native South Africa to let SpaceX offer Starlink service in exchange for a Tesla battery plant, report says

Musk’s political influence continues to grow.

30.12.2024 7

Fortune

Paolo Confino

Microsoft is the biggest of the mystery whales buying up Nvidia chips

The vast majority of Nvidia's coveted AI chips are bought by just a handful of the largest tech companies.

19.12.2024 2

Fortune

Paolo Confino

Nissan and Honda merger could be a move to head off crippling Trump tariffs

Combining forces would allow the companies to increase their U.S. manufacturing ahead of possible tariffs on car imports.

18.12.2024 5

Fortune

Paolo Confino

Donald Trump’s media company presents a new type of potential conflicts of interest

Trump media connects the President-elect’s political allies and his business interests in a decidedly 21st century tech company.

18.12.2024 20

Fortune

Paolo Confino

Brazil judge orders Adele song be pulled globally over plagiarism claim by local composer

A Brazilian judge has ordered a song by British pop superstar Adele, "Million Years Ago," be pulled worldwide—including on streaming services.

17.12.2024 6

Fortune

Paolo Confino

French MPs greenlight spending by decree to avoid government shutdowns, as opposition vows to block ‘any austerity budget’

As new French prime minister Francois Bayrou works on a new budget for 2025, critics have already said they will work to block any proposed cuts.

17.12.2024 10

Fortune

Paolo Confino

Trump’s $8 billion media company creates a complex set of potential conflicts for the incoming president

Trump’s political network, his media business, and his personal wealth have heavy overlaps.

17.12.2024 9

Fortune

Paolo Confino

Ex-Google CEO Eric Schmidt warns that when AI starts to self-improve, ‘we need to seriously think about unplugging it’

The longtime tech executive warns that it’s a ‘dangerous point’ when AI begins learning on its own.

16.12.2024 4

Fortune

Paolo Confino

Elon Musk’s lawyer said the SEC demanded the Tesla CEO pay a fine or face charges to resolve an investigation into his purchase of Twitter

The attorney also claimed the SEC reopened an investigation into Neuralink this week.

14.12.2024 20

Fortune

Paolo Confino

MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rate

Lindell’s company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses.

13.12.2024 10

Fortune

Paolo Confino

Melinda French Gates will donate $150 million toward women in the workplace—and one-third of it will go to AI

Roughly a third of the donations will go toward supporting women in STEM and AI.

12.12.2024 10

Fortune

Paolo Confino

New York prosecutors reviewed surveillance footage and tracked a fake ID across state lines before charging Luigi Mangione with murder

He was arrested yesterday in Altoona, Pa., ending a weeklong manhunt across the Northeast.

10.12.2024 2

Fortune

Paolo Confino

UnitedHealthcare and other major insurance companies pull company and board leadership bios from their websites after executive’s killing

Pictures and commentary about executives can no longer be found on company websites.

06.12.2024 3

Fortune

Paolo Confino

Taylor Swift’s French-made private jet took 98 flights this year

The pop star's jet used roughly 80,000 gallons of fuel, according to an aviation tracker.

06.12.2024 5

Fortune

Paolo Confino

Exclusive: $12 billion liquor giant Pernod Ricard inks MLS sponsorship for Jameson whiskey brand

Major League Soccer is coming off a record year that saw all-time highs in attendance and sponsorship revenue.

05.12.2024 10

Fortune

Paolo Confino

Bayer Leverkusen CEO Fernando Carro reveals how he led the team to an undefeated season. ‘A football club has to be managed much like a business’

Before finally taking a job in sports, Carro worked for two decades at in the corporate world at German media conglomerate Bertelsmann.

28.11.2024 20

Fortune

Paolo Confino

A Silicon Valley billionaire chastised NFL legend Julian Edelman over a bad grade as a schoolboy. It led to a lifelong habit

After a bad middle school report card, Edelman’s father took him to see John Arrillaga, the real estate developer who built Silicon Valley.

27.11.2024 5

Fortune

Paolo Confino

NFL legend Rob Gronkowski’s best-ever investment: $69,000 worth of Apple stock he bought on advice from his contractor

Gronk made the investment when he was just 25-years-old and “didn’t know how stocks work.” It's more than tripled in value.

26.11.2024 4

Fortune

Paolo Confino

Trump Media explores crypto payment service to go along with Truth Social, filings show

Trump Media filed a trademark application for a cryptocurrency wallet called TruthFi.

22.11.2024 3

Fortune

Paolo Confino

Sam Altman has an idea to get AI to ‘love humanity,’ use it to poll billions of people about their value systems

The OpenAI CEO said it was his one wish for AI

22.11.2024 30

Fortune

Paolo Confino

Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’

Longtime tech executive Tom Siebel said the market is "way, way overvaluing" AI companies of all sizes, from startups to the $157 billion OpenAI.

21.11.2024 20

Fortune

Paolo Confino