Amid a powerful rout in tech stocks, investors told CNBC on Thursday that something may be fundamentally breaking in the AI trade following the big success of Democrats in Tuesday’s midterm elections and the threat they try to slow the data center buildout. Democrats are more aggressively anti-data center than Republicans, and Wall Street is…
If you invest broadly in the U.S. stock market, there’s a good chance you have at least some exposure to artificial intelligence. And depending on where you invest, AI could be helping you manage your portfolio, too. Online brokerages are rolling out agentic trading, in which AI agents perform aspects of portfolio management. It goes…
Quick Read AMD plunges 13% days after its record quarter as fears of Democratic AI regulation and slower data center buildouts overpower earnings. Lisa Su now expects AMD revenue to grow more than 80% in 2027, insisting demand outstrips supply despite the selloff. Broadcom falls 6% and Intel 8% as the chip rout spreads, leaving…
At an elite gathering of investors on Wednesday, some of the juiciest conversations were about the outlook for AI, job creation and destruction, and Elon Musk’s vision of the future. I attended the second day of SALT London, the alternative investments conference hosted by Anthony Scaramucci’s SkyBridge Capital at The Chancery Rosewood hotel in Mayfair,…
Constellation Research founder R ‘Ray’ Wang joins ‘Making Money’ to analyze the post-election market rally, potential policy implications for AI data centers and investment opportunities across tech stocks and hyperscalers. Voters across at least 10 states delivered a sweeping rebuke to data center expansion in Tuesday’s midterm elections, backing restrictions and rejecting development proposals amid…
An Avride delivery robot covered in graffiti travels along a Philadelphia sidewalk as frustration with AI-powered delivery machines grows. (Aluminum-001/Wikimedia Commons/CC BY 4.0) NEWYou can now listen to Fox News articles! There’s something pretty strange happening on American sidewalks. People are picking fights with food delivery robots. Yes, those little four-wheeled machines that roll around…
Quick Read SanDisk sinks 7% and Micron slips 5% as Rep. Yassamin Ansari’s call to pause advanced AI development threatens the data center spending behind their records. Seagate and SK Hynix share the exposure, but Seagate’s long-term supply agreements through 2028 could buffer hard drive demand better than SK Hynix’s HBM reliance. Futurum’s Daniel Newman…
Moonshot AI, a Chinese artificial intelligence lab that the White House accused of accessing Nvidia advanced chips remotely in East Asia, has sought access to the chips through data centers in Europe, sources have told CNBC. Deals have been discussed this year for Moonshot to rent capacity from neoclouds hosting Nvidia graphics processing units, or…
Almost half (46%) of workers are redoing work produced incorrectly by colleagues using AI tools – and it’s taking them an average of six hours and 57 minutes a week 18:29, 04 Nov 2026Updated 10:06, 05 Nov 2026 It’s costing the workforce(Image: Getty Images) Artificial intelligence is costing the workforce a day of graft per…
Gina Hinojosa takes the stage as she is announced as the next governor of Texas at her watch party in Austin on Tuesday, Nov. 3, 2026. Austin American-statesman/hearst Newspapers | Hearst Newspapers | Getty Images The U.S. midterms could widen the AI divide: tighter data center rules may reward tech giants with capacity in hand…