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Hilton says AI is helping Gen Z candidates apply faster, but the surge in applications is making its hiring pipeline harder.
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Meta stock fell 4%, wiping nearly $9 billion from Zuckerberg’s wealth after Goldman Sachs warned AI spending faces a massive revenue hurdle.
Meta stock gained 4.5% yesterday on optimism about its new Muse AI agent but fell 3.4% today after Goldman Sachs warned that AI hyperscalers face profitability challenges. While hyperscalers are spending $800 billion this year and $1.1 trillion next year on capital investments, they need to generate $300 billion annually just to break even and $1 trillion annually for decent profits. Goldman suggests investors monitor earnings from AI service customers to gauge whether hyperscalers can achieve profitability.
Wells Fargo analyst Mike Mayo maintains Goldman Sachs Group (NYSE:GS) with a Overweight and lowers the price target from $1325 to $1175.
https://www.reuters.com/legal/transactional/us-fed-plans-raise-bank-oversight-thresholds-sources-say-2026-09-25/
Amerilodge Group, in partnership with Hilton Hotels & Resorts, assembled over 1,500 household cleaning kits during its Annual Leadership Summit to support individuals and families experiencing homelessness and housing instability in Oakland County. The kits will be distributed through Lighthouse, a nonprofit organization addressing poverty and housing insecurity in the region.
Bill Ackman turned a $27M COVID-era credit hedge into $2.6B, then bought discounted stocks during the 2020 market crash.