‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again … Read more

Amazon faces FAA probe after delivery drone snaps internet cable in Texas

Amazon faces FAA probe after delivery drone snaps internet cable in Texas

Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing a federal probe after one of its delivery drones downed an internet cable … Read more

A third high-profile tech leader is leaving GM as part of a software-product restructuring

A third high-profile tech leader is leaving GM as part of a software-product restructuring

Mary Barra, Chair and CEO of General Motors (right to left), Mark Reuss, President, Sterling Anderson, Chief Product Officer, and Dave Richardson, Senior Vice President Software and Services Engineering at “GM Forward” on Wednesday, October 22, 2025 in New York. GM DETROIT – A third high-profile technology executive is leaving General Motors amid a restructuring … Read more

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’

U.S. President Donald Trump looks at Gobble one of two turkeys to ceremonially pardoned for Thanksgiving in the Rose Garden at the White House in Washington, D.C., U.S., November 25, 2025. Jonathan Ernst | Reuters Gobble and Waddle won’t get gobbled this Thanksgiving — they’re waddling off to freedom instead after President Donald Trump granted … Read more

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

A sign opposing a zoning change for a Microsoft data center appears in Caledonia, Wisconsin, on Sept. 19, 2025. Jordan Novet | CNBC The village of Caledonia, Wisconsin, sandwiched between Chicago and Milwaukee along Lake Michigan, is dotted with corn and soybean fields, single-story homes and traffic signs alerting drivers to horseback riders. In September, … Read more

Execs say OpenAI has first hardware prototypes, plan to reveal device in 2 years or less

Execs say OpenAI has first hardware prototypes, plan to reveal device in 2 years or less

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI CEO Sam Altman said on Friday that the artificial intelligence startup has finally finished its first prototypes for … Read more

Amazon starts letting businesses test rebranded Leo satellite service as it plays catchup to Musk’s Starlink

Amazon starts letting businesses test rebranded Leo satellite service as it plays catchup to Musk’s Starlink

A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Joe Skipper | Reuters Amazon said Monday it will begin allowing businesses to … Read more

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images On Microsoft’s earnings call last month, CEO Satya Nadella boasted about the company’s artificial intelligence products, and said over 150 million people are using its Copilot assistant for productivity, cybersecurity, coding … Read more

Eli Lilly hits $1 trillion market value, a first for a health-care company

Eli Lilly hits  trillion market value, a first for a health-care company

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms.  Eli Lilly briefly hit … Read more

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington. Stephen Brashear | Getty Images Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more … Read more