Watch live: Trump gives remarks from Oval Office
President Trump is scheduled to deliver remarks from the Oval Office on Wednesday afternoon. Watch live above. Source link
Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI
According to sources, Jeff Bezos is reportedly seeking $100 billion for a new fund that will be used to buy companies in key industrial sectors and eventually modernize and automate them with AI. cited By Wall Street Journal. The effort is related to Bezos’s AI startup, Project Prometheus. Bezos, who was involved with the company…
Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images If new Federal Reserve Chair Kevin Warsh is still itching for a “good family fight” over monetary policy, he is…
Tesla exec Raj Jegannathan leaves automaker after 13 years
Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran of the automaker, announced his departure from the company on Monday in a LinkedIn post. Jegannathan’s most recent role was vice president of information technology,…
Tech AI spending approaches $700 billion in 2026, cash taking big hit
The Google Midlothian Data Center in Texas, Nov. 14, 2025. Ron Jenkins | Getty Images Alphabet, Microsoft, Meta and Amazon are expected to spend nearly $700 billion combined this year to fuel their AI build-outs. For investors who love cash above all else, some warning signs may be flashing. With the heart of tech earnings…
Luma and Runway expect robotics to eventually be a big revenue driver for them
AI video-generating startups Luma and runway are seen beyond the movie studio. These video-generating AI companies have their own places on other markets for future revenue currents and are interacting with both robotics and self-driving car companies, According to reporting from informationThe report did not reveal which companies are interacting with Luma and the runway….
Warsh Jackson Hole inflation warning signals possible hike: Analysis
Federal Reserve Chairman Kevin Warsh used his Jackson Hole speech Friday to answer critics of his muddled July news conference, delivering a clearer warning that stubborn inflation could push the Fed toward a rate hike. Warsh’s first pair of news conferences as Fed chairman left many in the markets uncertain about where he stood on…
AI memory is sold out, causing an unprecedented surge in prices
Eugene Mymrin | Moment | Getty Images All computing devices require a part called memory, or RAM, for short-term data storage, but this year, there won’t be enough of these essential components to meet worldwide demand. That’s because companies like Nvidia, Advanced Micro Devices and Google need so much RAM for their artificial intelligence chips,…
Amazon’s stock soars on earnings, revenue beat, spending guidance
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon shares soared 10.81% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a…
Pages is best fantasy bat on Dodgers? Vargas is to…
Eric Karabel looks into the crystal ball to tell fantasy baseball managers what might happen in the near future. Source link