CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares jumped 13% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations. Here’s how the company did…
Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre. Nathan Stirk | Getty Images Amazon is requiring that third-party sellers label any product images or videos that contain “AI-generated people” after New York recently passed a law mandating greater transparency around “synthetic performers” in ads. The company informed sellers Wednesday of the policy…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…
New York Gov. Kathy Hochul and U.S. President Donald Trump. David Dee Delgado | Reuters | Saul Loeb | AFP | Getty Images President Donald Trump slammed New York Gov. Kathy Hochul’s new data center moratorium on Wednesday, saying in a Truth Social post that the state should change its policy “IMMEDIATELY” after it became…
New York City Mayor Zohran Mamdani speaks about the fiscal year 2027 budget in New York City on May 12, 2026. (Photo by TIMOTHY A. CLARY / AFP via Getty Images) Timothy A. Clary | Afp | Getty Images From New York to Vancouver to London, a once-niche policy idea is moving into the mainstream…
Fears of a corporate exodus from New York City are likely to be a recurring feature of New York City Mayor Zohran Mamdani’s term, with each business real estate decision magnified as a potential tipping point signal that the Democratic Socialist’s tax, real estate and wealth policies are pushing businesses away. The debate was amplified…
With New York City facing a budget gap estimated at around $7 billion, new Mayor Zohran Mamdani would prefer to tax the rich. But lately, Mamdani and his administration have conceded that other ways to raise revenue for the city need to be considered, from higher property taxes on homeowners to a long-talked-about idea that would…
Salesforce CEO Marc Benioff said Tuesday that “there has to be some regulation” of artificial intelligence, pointing to several documented cases of suicide linked to the technology. “This year, you really saw something pretty horrific, which is these AI models became suicide coaches,” Benioff told CNBC’s Sarah Eisen on Tuesday at the World Economic Forum’s…
