This week in AI: Brushing off new bubble warnings, Google’s AI comeback and Nvidia’s China threat
This week, volatility took hold of the AI trade as bubble fears continued and Nvidia’s blowout earnings failed to steady…
Economy
Trump on Marjorie Taylor Greene’s resignation: She ‘went BAD’
Rep. Marjorie Taylor Greene on Friday said she would resign in early January, after saying President Donald Trump unfairly criticized…
Global week ahead: Which tail is wagging the market dog?
After a wave of volatility roiled global stocks this week, investors want to know which tail is wagging the market…
Does Berkshire’s big tech bet signal a new risk tolerance in Omaha
Berkshire Hathaway's purchase of Alphabet shares may signal a new acceptance of greater risk for greater reward. ...
Texas data center expansion raises blackout risk during extreme winter weather
Texas' supply and demand balance can become tight during winter and potentially fall into deficit as data center demand grows.…
Amazon cut more than 1,800 engineers in record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.…
Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’
A former engineer for Figure AI filed a lawsuit against the company, claiming he was unlawfully terminated after warning executives…
Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of…
Trump praises NYC Mayor-elect Mamdani after White House meeting, shrugs off being called ‘fascist’
The meeting with Trump was requested by Mamdani, whose victory over ex-New York Gov. Andrew Cuomo in NYC's mayoral race…