Scammers are taking advantage of AI to deceive tech-savvy individuals, using tactics like caller ID spoofing and fake personas for video calls to steal money. High-profile figures like Andy Cohen and Mark Cuban have fallen victim to sophisticated scams, emphasizing the need for caution. Incidents, like a Connecticut woman’s bank account being drained, highlight the increasing prevalence of these scams. To protect yourself, Wells Fargo advises ignoring caller IDs and fake customer service numbers, never sharing private account information, avoiding payments to resolve issues, ignoring unauthorized access codes, and contacting the bank directly if in doubt.
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Why Wolfspeed Stock Plummeted 94% in the First Half of 2025 — and What Comes Next
Wolfspeed (NYSE: WOLF) experienced a drastic 94% decline in its stock price during the first half of 2025, contrasting with a 5.5% gain in the S&P 500, due to disappointing quarterly results and a bleak sales outlook. The situation worsened as the company filed for Chapter 11 bankruptcy protections at the end of June amid rising concerns about its financial stability. Explain It To Me Like I'm 5: Wolfspeed, a company that makes special parts...
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