Tag Archives: CNBC

Week in review: The Nasdaq’s worst week since April, three trades, and earnings

It was a terrible start to November on Wall Street.

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Too early to bet against AI trade, State Street suggests 

State Street’ Anna Paglia is reiterating her bullish stance on artificial intelligence stocks despite the Nasdaq’s worst week since April.

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People with ADHD, autism, dyslexia say AI agents are helping them succeed at work

Neurodiverse professionals see benefits from AI tools, giving people with conditions like ADHD, autism, and dyslexia a more level playing field in job market.

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Underwater cables are a vital piece of the AI buildout and internet — investment is booming

Over 95% of international data and voice traffic travels through subsea telecom cables. Tech giants Meta, Google, Amazon and Microsoft are investing for AI.

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Palantir CEO Karp twice slams short sellers as stock suffers worst week since April

Palantir CEO Alex Karp twice confronted short sellers this week as the company’s shares suffered a double-digit drop.

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Big Tech’s AI spending spree: Smart long-term bet or short-term risk?

CNBC’s Paulina Likos and Zev Fima break down big tech’s massive artificial intelligence spending spree

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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech

Gerstner pushed back on the idea that the market is in bubble territory.

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Affirm CEO says furloughed federal employees are starting to lose interest in shopping

Affirm CEO Max Levchin said as the government shutdown drags on, there are signs of shifting shopping habits from federal workers.

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Block sinks 10% after weak third quarter results miss Wall Street estimates

Block’s third-quarter revenue missed Wall Street estimates and showed slowing profit growth from Square.

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Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Archer Aviation’s stock tumbled after a share sale overshadowed a narrower-than-expected third-quarter loss.

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