Author: Editor-In-Chief
Dan Ives, Wedbush SecuritiesScott Mullin | CNBCDan Ives, one of Wall Street’s best-known technology analysts, is partnering with Yorkville Securities to launch a new merchant banking company.The new company, Yorkville Ives & Co., will focus on artificial intelligence, technology, industrials, energy transition and infrastructure, and will combine investment banking, equity research, institutional trading and principal investing, according to a statement Tuesday.Ives, who spent more than two decades on Wall Street and built a following with his bullish views on AI and big tech companies, will become partner and managing director. Roger Briggs will become CEO.Yorkville Ives said it provides debt…
People walk past the Amazon Web Services (AWS) logo at an exhibitor booth at India Mobile Congress 2025 at Yashobhoomi convention and exhibition center in New Delhi, India, on October 8, 2025. Anushree Fadnavis | Reuterslong-time manager of Amazon’s cloud division is leaving the tech giant after nearly 19 years, the company announced Wednesday. Dave Brown, senior vice president of Amazon Web Services, will leave the company at the end of this month for a “new external role,” AWS CEO Matt Garman wrote in a memo to employees. Garman said Brown will be replaced by Dave Treadwell, Amazon’s head of…
President Donald Trump’s pick to lead the U.S. intelligence community insisted he is not an “election denier.”But during an appearance before the Senate Intelligence Committee on Wednesday, nominee Jay Clayton repeatedly refused to say that former President Joe Biden won the 2020 presidential election over Trump.Recommended stories list of 3 itemsend of listClayton, a federal prosecutor in Manhattan, appeared before the committee as part of the confirmation process to take over the role of Director of National Intelligence (DNI), a Cabinet-level post.But the lawsuit comes at the same time as new scrutiny of President Trump’s false claims about the integrity…
President Donald Trump’s pick to lead the U.S. intelligence community insisted he is not an “election denier.”But during an appearance before the Senate Intelligence Committee on Wednesday, nominee Jay Clayton repeatedly refused to say that former President Joe Biden won the 2020 presidential election over Trump.Recommended stories list of 3 itemsend of listClayton, a federal prosecutor in Manhattan, appeared before the committee as part of the confirmation process to take over the role of Director of National Intelligence (DNI), a Cabinet-level post.But the lawsuit comes at the same time as new scrutiny of President Trump’s false claims about the integrity…
President Donald Trump’s pick to lead the U.S. intelligence community insisted he is not an “election denier.”But during an appearance before the Senate Intelligence Committee on Wednesday, nominee Jay Clayton repeatedly refused to say that former President Joe Biden won the 2020 presidential election over Trump.Recommended stories list of 3 itemsend of listClayton, a federal prosecutor in Manhattan, appeared before the committee as part of the confirmation process to take over the role of Director of National Intelligence (DNI), a Cabinet-level post.But the lawsuit comes at the same time as new scrutiny of President Trump’s false claims about the integrity…
SpaceX stock fell below $135. That’s the price chosen by CEO Elon Musk and the company ahead of its blockbuster June 12 IPO that raised nearly $86 billion. After falling below that price on Wednesday afternoon and dropping below $133 per share, the stock rallied back up to $135 and rose above it at times. Wednesday’s decline followed a month of steady declines since the company went public. SpaceX’s stock price initially rose to more than $200 in the days after it went public, at one point giving it a valuation comparable to tech giants like Amazon and Microsoft. Since…
Warren Buffett told CNBC that new Federal Reserve Chairman Kevin Warsh was a “good choice” for the job. Warsh made his mark at his first meeting as chair in June by leaving interest rates on hold while outlining a change in the central bank’s approach. In his testimony to Congress on Tuesday, Mr. Warsh pledged a “systematic shift” in Fed policy and vowed to tackle inflation. “He’s going to do his best to accomplish what he’s set out to do, which is maintain 2% inflation and maximum employment,” Buffett said in an interview with Becky Quick on “Squawk Box.” “He’s…
City will be at bat on Wednesday with Microsoft’s much-maligned artificial intelligence assistant CoPilot. Jim Cramer said he was appalled by the study. Citi analysts said in a note to clients that they expect a strong fourth quarter of fiscal 2026 and momentum heading into fiscal 2027 with Copilot and Azure cloud. Fundamental improvements should ultimately accelerate overall revenue/EPS growth through fiscal 2030, it said. Based on industry research, Citi said, “Copilot adoption momentum has increased significantly and customer feedback has improved as more advanced IQ products begin to be incorporated into the Copilot suite.” As a result, analysts are…
Jay Clayton, U.S. Attorney for the Southern District of New York, prepares to testify at a Senate Intelligence Committee hearing on his nomination to be Director of National Intelligence, July 15, 2026, at the U.S. Capitol in Washington, DC.Ken Cedeno | AFP | Getty ImagesPresident Donald Trump’s nominee for director of national intelligence, Jay Clayton, refused to say Joe Biden won the 2020 election, claimed he had no knowledge that his predecessor, Tulsi Gabbard, took part in the attack on a Georgia election office earlier this year, and defended his decision to subpoena New York Times reporters during Wednesday’s controversial…
Two U.S. nonprofit organizations have sued the Trump administration over sanctions targeted at the International Criminal Court (ICC), or fines that violate Americans’ constitutional rights to participate in human rights work “related to Palestine.” Democracy for the Arab World Now (DAWN) and Taxpayers Alliance Against Genocide (TAAG), organizations that promote democracy and human rights in the Middle East and North Africa, filed a lawsuit Wednesday in federal court in Manhattan, seeking to block the Trump administration from using an executive order “to prevent U.S. citizens from cooperating with investigations of human rights violations by the United States and Israel.” According…