Billionaire Mark Cuban is often the guy on “Shark Tank” who graciously declines to make an investment into one of the hopeful entrepreneurs pitching to him and a panel of investors. He’s also backed some smash hits whose revenues have soared. While his latest investment may not be on “Shark Tank,” Cuban has found a cause worthy of his name – artificial intelligence (AI) startup Hala Systems that helps to save lives in war-torn regions including Aleppo. Cuban announced on Twitter that he’s pouring $ 1 million into the company, saying: “Hala uses AI for social good to do truly extraordinary
The U.S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U.S. stock futures. The Dow Jones Industrial Average rose 166 points, or 0.7%, to 25,166.17. Shares of Exxon Mobil Corp (XOM) and Visa Inc. (V) led the Dow blue chips higher. The broad S&P 500 Index advanced 0.3% to 2,712.55, with seven of 11 primary sectors contributing to the gains.