For most of my adult life, I’ve enjoyed a relatively straightforward tax situation. In most years, I merely made sure the income from my W-2 was correct and clicked through my preferred tax software’s questions to the end. No dependents, no side hustle income, no property in my name. This past year was a little…
Inkoly | Istock | Getty Images When OpenAI announced its Instant Checkout feature last fall, retailers sprang into action. Etsy, Walmart and Shopify quickly lined up to let users buy merchants’ products directly within its ChatGPT chatbot. Suddenly, the e-commerce world was fixated on shopping agents, the artificial intelligence tools that can make purchases on…
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence disruption is far from over. “I unfortunately think it’s very early,” Sambur, who is co-head of private equity, told CNBC’s “Money Movers.” Some Wall Street analysts have been comforted by the recent rebound in the…
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma’s downward slide this year, driven by concerns about artificial intelligence, intensified over the past two days after Google intoduced an AI-powered design product. On Tuesday, Google…
Jonathan Raa | Nurphoto | Getty Images Sens. Marsha Blackburn and Peter Welch are calling for a halt to the new version of ByteDance’s artificial intelligence app, Seedance, which generates videos of real people and licensed characters, raising copyright and intellectual property concerns. Seedance 2.0 “is the most glaring example of copyright infringement from a…
Apple CEO Tim Cook opens the door during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, Sept. 19, 2025. Kena Betancur | Bloomberg | Getty Images Apple has acquired video editing company called MotionVFX, which offers plug-ins, templates and visual effects tools that work with…
We are fixated on two problems: the price of oil and the frailty of our banking system. We are catastrophizing at a pace I have rarely seen, accelerated by negative commentators who are rarely proven right but are always given the microphone — either because they are super-rich or because they are super-short. Too cavalier?…
Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company’s chair. Shares tumbled 7% in extended trading. Narayen joined Adobe in 1988 as a vice president and general manager, and he became CEO in 2007. Under Narayen, Adobe pushed from software licenses…
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia is planning to launch an open-source platform for artificial intelligence agents called ‘NemoClaw,’ tapping into the growing popularity of the AI tools, Wired reported Tuesday. Citing…
Investors will have a lot on their plate in the week ahead. Earnings season is set to wrap up, and several key economic updates are headed our way — all against the backdrop of the ongoing war in Iran. Another volatile week may be in store. 1. The U.S.-Iran war is the most important thing…
