Mar 16, 1998 3:04 PM

Market Wrap

Mergermania and kind words from Warren Buffet sent stocks soaring, with the Dow closing above the 8700 mark for the first time. The index was up 166.33 for an 8718.85 finish, a 1.35 percent gain. The Nasdaq rose 16.52 to close at 1788.18, a 0.93 percent increase.

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Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure

Meta’s board feared that its CEO’s departure could disrupt the company’s AI ambitions. A new stock agreement gives him financial incentives to stay put.

Paresh Dave

Spend Elon Musk’s Money

What’s it like to be the richest man in the world? Find out for yourself.

Neal Agarwal

The Atlantic’s Near-Record Hurricane Drought Is About to End

Tropical Storm Isaias is set to become the basin’s first hurricane of the season, bringing life-threatening rain and storm surge to the Gulf Coast.

Brian Kahn

Polymarket Halted International Trading After Hackers Drained Accounts

The company says an unnamed third-party provider was compromised. Trading has resumed, and Polymarket says affected traders will be made whole.

Kate Knibbs

Rural Data Centers Are in for a Big Federal Tax Break

Under the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash.

Molly Taft

WIRED Ghost Stories

Five hauntings from the other side of technology.

Muse Wonder Puts Meta Back at the AI Frontier

Meta’s biggest model rivals the world’s best—and includes new features to keep agents from going off the rails.

Will Knight

The MacBook Air Drops to Its Lowest Price Since June for Prime Day

At $1,099, the MacBook Air is $200 off its retail price for Prime Day, its lowest price in months.

Luke Larsen

Trump’s Crazy AI Rebrand Was a Loyalty Test for Tech Execs—and It Worked

For years these billionaires gushed obsessively about AI. But they meekly went along when Trump canceled the term.

Steven Levy

This Is What the GOP’s Final Midterms Push Looks Like

Republicans are spending their time and money on Senate races in historically red states—a sign they’re more nervous than ever as Election Day looms.

Hugo Lowell

Trump Administration Cuts Off Access to a Major Immigration Program for Workers at Microsoft and Adobe

“There has been no company in the United States, unfortunately, that has abused this system more than Microsoft,” Vice President JD Vance said on Thursday.

Kate Taylor

Mistral Says Its New AI Model ‘Le Chonk’ Is the Best Open-Weight Offering Outside of China

With the release of its new trillion-parameter model, Mistral is hoping to demonstrate it’s “still in the race” to build frontier-level artificial intelligence.

Joel Khalili