Author: Editor-In-Chief
JPMorgan Asset & Wealth Management CEO Mary Callahan Eldees speaks at CNBC’s “Delivering Alpha” event in New York City on November 13, 2025.Adam Jeffrey | CNBCNEW YORK — Mary Callahan Erdoes, CEO of JPMorgan Asset & Wealth Management, says investors should focus less on whether there is a bubble now and more on the future opportunities presented by artificial intelligence.Speaking at the CNBC Delivering Alpha conference on Thursday, Erdos dismissed concerns about valuation, saying AI presents opportunities that are not yet fully appreciated or understood.”I feel like we’re on the brink of a lot of things right now,” she said…
Luke Humphries beat Michael Smith 16-8 in Wolverhampton to set up a showdown with Gerwyn Price in the Grand Slam of Darts semi-finals.This will be Humphries’ third semi-final at a major tournament as he seeks his second title, while 2022 Grand Slam champion Smith’s brave performance marks his return from injury. Humphries was in the zone and scored early in the match, sweeping the first four legs before Smith brought down D10 to stop the rot and bring the score to 4-1.The second session was played entirely by pitching, with the world No. 1 leading 7-3, with ‘Bully Boy’ setting…
#30 Stephen Curry of the Golden State Warriors watches a game against the Sacramento Kings during the 2024 Play-In Tournament at Golden 1 Center on April 16, 2024 in Sacramento, California. Rocky Widener National Basketball Association | Getty Imagesunder armor and Stephen Curry announced Thursday that they have mutually agreed to end their 13-year partnership, effective immediately.The sudden announcement separates the Curry brand, which makes basketball shoes and apparel, from Under Armor, as the sportswear brand struggles to regain sales. As part of the split, Curry will maintain sole ownership of the Curry brand and will be free to find…
alphabet and disney announced Friday that it has reached an agreement to restore content from ABC and ESPN to Google’s YouTube TV.The deal comes after a two-week standoff between the two companies that began on October 31st. The stalemate resulted in the absence of a number of live sports events on the popular streaming service, including a college football game and two Monday Night Football games.”We are pleased to share with Disney that we have reached an agreement that preserves the value of the service for our subscribers and the flexibility of future offers,” YouTube said in a statement. “Subscribers…
Havana — A Latin American strongman accused of drug trafficking and election fraud has openly defied the White House despite threats of military action. It was 1989, and Panama’s then-military dictator Manuel Noriega, much like today’s Venezuela’s Nicolas Maduro, had become Washington’s public enemy number one amid allegations that he had accepted millions of dollars to allow drug cartels to operate in his country. The US invasion of Panama captured Noriega and restored democracy to the Central American country. To some advocates of military action against Maduro, the invasion of Panama appears to be a model, however imperfect, of what…
Andy Konwinski is concerned that the United States is losing its dominance in AI research to China, calling the change an “existential” threat to democracy. Konwinski is a co-founder of Databricks and co-founder of AI research and venture capital firm Laude. “If you talk to current PhD students in the AI field at Berkeley and Stanford, they will tell you that they read twice as many interesting AI ideas from Chinese companies as American companies in the last year,” Konwinski said on stage at this week’s Cerebral Valley AI Summit. In addition to investing through Lord, a venture fund he…
Hedge fund manager Philippe Lafont has issued a stark warning about the current state of the US IPO market, arguing that the ecosystem for taking companies public has deteriorated significantly.The founder and portfolio manager of Coatue Management said today’s market bears little resemblance to the vibrant IPO pipelines of past decades.”The IPO market is completely broken… beyond repair,” Laffont said Thursday at the CNBC Delivering Alpha conference. “Twenty or 30 years ago there were far more IPOs than there are today. There were very few IPOs…almost none.”He said that could be problematic for everyday investors, who are increasingly locked out…
Gareth Ainsworth has re-engaged with Gillingham after several weeks away recovering from heart surgery.Gills coach isn’t ready to return to the dugout just yet. However, he returned to supervise training and preparations for the Ligue 2 match. He missed all four league games in October. “I’m happy to be back here,” he told Sky Sports. “This is me and this is a special club. They care about me and have really supported me during what has been a very testing period for me, my family and the team. Things are slowly getting better day by day, but I’m not on…
Traders work on the floor of the New York Stock Exchange (NYSE) on November 14, 2025 in New York. Charlie Tribalew | AFP | Getty Imagesof Nasdaq Composite It rebounded on Friday as investors bought up shares in major technology stocks, a day after the group led Wall Street to its worst day in more than a month.The tech-heavy Nasdaq rose 0.13% to end at 22,900.59, ending a three-day losing streak. of S&P500 It ended almost flat at 6,734.11, down just 0.05%. Dow Jones Industrial Average He lost 309.74 points (0.65%) and settled at 47,147.48. The three indexes rebounded sharply…
With electricity prices soaring, voter anger growing and the US midterm elections just around the corner, the artificial intelligence industry’s data centers are increasingly under fire.According to the U.S. Energy Information Administration, residential utility costs rose by an average of 6% nationwide in August compared to the same period last year.The reasons for price increases are often complex and vary by region. But in at least three states with high concentrations of data centers, electricity prices rose much faster than the national average over the same period. For example, prices rose 13% in Virginia, 16% in Illinois, and 12% in…