Buy 2 Vanguard Index Funds to Beat the S&P 500 in the Next Year, According to Wall Street

Meta says it is rolling out an AI assistant for Facebook creators that offers personalized recommendations based on a creator’s style, performance, community and goals. Creators can ask questions about posting times, comment sentiment and audience changes, and the tool can suggest content ideas. The rollout starts in the US, Canada and India. Meta also plans new AI translation languages for Reels and says 500 million users watch AI-translated videos weekly.

U.S. stocks fell sharply Friday as Big Tech dragged the market and a strong May jobs report boosted expectations of higher Fed rates. The S&P 500 dropped 2.6% to 7,383.74, the Dow fell 1.4%, and the Nasdaq slid 4.2%. Nvidia, Broadcom, Micron and Meta declined; Meta fell 5.5% on a report of a possible new share offering. The Labor Department said jobs rose 172,000 in May; 10-year yields rose to 4.54%.

Wired reports Meta has been installing facial recognition software in Ray-Ban Meta and Oakley Meta smart glasses for months. The internal “NameTag” feature, if enabled, would use the glasses’ camera and Meta AI to create biometric faceprints on the user’s phone, compare them locally, and notify the wearer on matches. Meta said nothing has shipped and no final decision was made.

On Tuesday, Prime Minister Anthony Albanese and Opposition Leader Angus Taylor praised Australian journalism, but WIN Network announced it will cut NBN’s nightly news bulletin from 60 to 30 minutes and scrap the local weekend bulletin. MPs urged WIN to retain local staff. The government cited $153.5m in news assistance and a two-year tax suspension, while Meta opposed proposed media bargaining laws.

OpenAI has added a feature to ChatGPT on the web that lets users send emails directly from ChatGPT “writing blocks,” avoiding copy-and-paste into Gmail or Outlook. The update keeps drafting, editing, and sending within one conversation. The article also notes a California lawsuit alleging OpenAI shared user prompts and identifying data with Google and Meta tracking tools without consent.

May 2026 energy-law updates: Michigan’s Court of Appeals largely upheld MPSC renewable siting rules but ordered revisions on “affected local unit” and local-approval timing. Connecticut’s Supreme Court remanded Eversource’s $17M storm-cost recovery dispute. Pennsylvania, Oregon, and Wisconsin PUCs approved large-load/data-center tariff frameworks shifting upgrade costs to customers. New York PSC approved major transmission rebuilds and an Article VII amendment. FERC’s XBRL-CSV EQR standard took