Nvidia Controversy, Earnings May Propel These ETFs
It’s been a bad stretch for shares of Nvidia Corporation (NVDA). Over the past month, the semiconductor stock is off more than 27%. That period includes midterm election results viewed as hostile to data center construction plans and an investigation into now-former CEO Jensen Huang’s alleged marital misdeeds. Huang, one of the most visible CEOs […]
Phota Labs uses AI to turn everyday photos into professional-looking shots
Rather than giving consumers yet another photo-editing tool, Phota Labs aims to use advances in AI to automate the editing process so it’s easier for anyone to turn everyday moments into better photos.
SoftBank’s billion-dollar loss may have put a cap on AI’s natural gas ambitions
SoftBank lost over $3 billion pre-ordering natural gas turbines to power AI data centers. Here’s what the loss means to power markets.
United Airlines blocks AI agents from booking flights, citing cybersecurity risks
The airline said it will not allow customers to use AI agents to book flights and manage reservations.
Hugging Face CEO vows to keep fighting for open-source AI after Jensen Huang’s exit
Hugging Face’s CEO pledged to keep fighting for open-source AI after Huang’s exit, raising questions about Nvidia’s $12.9B acquisition.
Nvidia Sell-Off Highlights Single-Stock Concentration Risk for Advisors
Nvidia Corp. (NVDA) has plunged, following boardroom turmoil and CEO Jensen Huang’s departure amid an independent investigation into a personal scandal. Nvidia is among the largest U.S. companies, sitting at roughly 7% to 8% of the S&P 500. This significant impact on the U.S. market directly tests how well diversified client portfolios are insulated against […]
Nvidia CEO Huang Resigns as AI Chip Selloff Deepens
Nvidia Corp. (NVDA) CEO Jensen Huang resigned Thursday from the chipmaker he co-founded 33 years ago, CNBC reported. Huang built the company into a $4 trillion giant that powered the artificial intelligence boom. Key Takeaways: Jensen Huang stepped down after 33 years, with finance chief Colette Kress named interim CEO during the search. Tech ETFs […]
Cyberattack on Fireworks AI allowed hackers to access Notion customers’ chat transcripts
This is Fireworks’ second data breach in as many months.
Norwest pushes deeper into AI with new $4B fund
This is the investment firm’s largest fund to date.
Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?
Nvidia CFO Colette Kress is taking over as an interim replacement for longtime CEO Jensen Huang, who is embroiled in scandal.
Whoop just launched a social network
Whoop is launching a social network that lets members share their sleep, recovery and workout data, but the bigger bet is on becoming more of a personal health brand, with CEO Will Ahmed hinting at acquisitions to come.
Trump floats Apple chairman Tim Cook as Jensen Huang’s successor
In a post on Truth Social, President Trump says only one man can take Jensen Huang’s place as head of Nvidia: Tim Cook.
