Day: November 21, 2025
How Alibaba quietly became a leader in AI
From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire. Alibaba is transforming itself from an e-commerce giant into a global AI powerhouse. The Chinese tech giant has pledged tens of billions of dollars in investment in AI and cloud infrastructure, fueling the development of its own Qwen language models, the Quark […]
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Here are real AI stocks to invest in and speculative ones to avoid
Concerns about stock valuations in companies tied to artificial intelligence knocked the market around this week. Whether these worries will recede, as they did Friday, or flare up again will certainly be something to watch in the days and weeks ahead. We understand the concerns about valuations in the speculative aspects of the AI trade, […]
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Watch: Trump and New York Mayor-elect Zohran Mamdani meet at White House
New York City Mayor-elect Zohran Mamdani on Friday arrived at the White House to meet with President Donald Trump for a discussion on affordability that could carry high stakes for both men. The Oval Office meeting was requested by Mamdani, the 34-year-old democratic socialist whose stunning triumph in the mayoral race over former New York […]
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The Street’s bad call on Palo Alto – plus, two portfolio stocks reach new highs
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 bounced back Friday, recovering from the prior session’s sharp losses. The broad-based index, which was still tracking for a nearly […]
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Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’
Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail. Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to […]
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Google must double AI serving capacity every 6 months to meet demand, AI infrastructure boss tells employees
Amin Vahdat, VP of Machine Learning, Systems and Cloud AI at Google, holds up TPU Version 4 at Google headquarters in Mountain View, California, on July 23, 2024. Marc Ganley Google ‘s AI infrastructure boss told employees that the company has to double its serving capacity every six months in order to meet demand for […]
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Tech stocks set for big losing week as AI names get rocked after Nvidia earnings
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Even Nvidia CEO Jensen Huang couldn’t save the tech and artificial intelligence trade this week. The chip giant’s talismanic […]
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Stocks making the biggest moves midday: Oracle, Bath & Body Works, Gap and more
Check out the companies making the biggest moves midday: Oracle — The AI stock fell 4% as investors remained worried about valuations tied to AI continued to dump stocks. Those declines added to Oracle’s and Nvidia’s steep weekly losses. Bath & Body Works — The retailer fell 5%, adding to its 24.8% plunge from Thursday, […]
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Air traffic controllers, technicians with perfect attendance in shutdown to get $10,000 bonuses, FAA says
An airplane takes off from New York’s Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. Ryan Murphy | Reuters Air traffic controllers and technicians with perfect attendance during the government shutdown will receive […]
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Air cargo impact from post-crash MD-11 grounding seen as ‘minimal,’ analysts say
The grounding of MD-11 aircraft after the deadly crash of a UPS plane earlier this month could boost air cargo rates during the peak holiday shipping season, with some capacity out of the market, but analysts aren’t expecting a big impact. The Federal Aviation Administration on Nov. 8 prohibited flights of MD-11 planes, less than […]
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