AI-driven bull market will continue but a near-term pullback is likely: Evercore's Julian Emmanuel
CNBC Television· 2025-09-08 20:18
Our next guest says a near-term pullback is a buying opportunity, especially for AIdriven leaders. So, here with more is Evercourse, Julian Emanuel. We were speaking about this earlier on the show.I don't know if you had a chance to listen, but for so long AI seemed like a buzz word and all you had to do is just drop it here and there in an earnings call and you got a little pickup in your stock price. But now, we need to really see some of those gears turning. We need to see what it means to actually be ca ...
Which city is next? Detroit Mayor speaks out on Trump deploying National Guard
MSNBC· 2025-09-08 20:15
President Trump wants troops in America's biggest and blest cities and he says to fight he says he wants to do it to fight crime and immigration. So which city is next? Michigan Republican Senate candidate Mike Rogers says Detroit should be on the list. In a campaign statement, Rogers, also a former congressman endorsed by Trump, called on Mayor Mike Dougen to call up the president for help to quote make Detroit safe again, saying quote, "The numbers don't lie. Detroit has become a hub for violent crime. Th ...
Cognition AI Reaches $10 Billion Valuation
Bloomberg Technology· 2025-09-08 20:12
I think the most interesting part here is not that you've been able to raise more money at a higher valuation necessarily, but since you guys acquired what was left of windsurf, you have seen massive acceleration. Why did that happen so quickly. Yeah, Yeah.No, it's it's it's been like peanut butter and chocolate, basically having the two prodigy experiences. And, you know, I think in code especially, I think A. I.has really, really taken off and all of the best software engineers have already, you know, ent ...
House Democrats says Oversight Committee has Epstein 'birthday book'
NBC News· 2025-09-08 20:10
A House panel investigating deceased sex trafficker Jeffrey Epstein has received a key document today. According to House Democrats, that document is a copy of the so-called birthday book. It's expected to be redacted.It was compiled by convicted co-conspirator Galain Maxwell for Epstein's 50th birthday in 2003. You may recall the Wall Street Journal reported over the summer this book included a crude card from President Trump. The president has denied writing this card and has sued the newspaper.We've reac ...
Millions of commuters impacted by London transport strike
NBC News· 2025-09-08 20:10
Thousands of employees for London's subway system began a dayslong strike yesterday. The union representing these workers says a primary sticking point in negotiations with the city is reduced work week from 35 to 32 hours. Now, that walkout is expected to severely disrupt train services for the millions of daily users through. ...
Musk $1 Trillion Pay Plan Chases Results: Tesla Adviser
Bloomberg Technology· 2025-09-08 20:08
You were brought in by Tesla's special committee to advise it on corporate governance matter, including and I'm quoting from Tesla's proxy here. Satisfaction of fiduciary duties under Texas law. Take us to Texas law.Shane, how is that different versus Delaware, particularly when you're thinking about more predictable corporate governance framework, as it said in the proxy. No, absolutely. First of all, thank you very much for having me.It's a delight to see you again. With respect to Texas law versus Delawa ...
Fed's independence is in the best interest of the President, says Booth's Neil Kashyap
CNBC Television· 2025-09-08 20:02
CNBC senior economics correspondent Steve Leeman joins us alongside one of the authors behind that piece. Steve, >> thank you Courtney. I am joined by Anil Kashup.He is a uh professor of economics and finance at the Booth School uh of Business at the University of Chicago. Anneil, thanks for joining us. >> Thanks.Glad to be here, Steve. >> So you believe that the administration is playing a dangerous game playing with the independence of the Fed. Uh tell us what your concerns are.Well, it's two things. Firs ...
Tesla board adviser on negotiations with Elon Musk #shorts #tesla #politics #musk #tech
Bloomberg Technology· 2025-09-08 20:01
Professor Goodwin, the board addressed Musk's political activity and wrote in the proxy it had secured assurances that that activity would wind down, taking into account the shareholder initiated proposal to invest in XAI. The board appears prepared to allow Elon Musk to continue to have responsibility across a number of companies at the same time. How much was that discussed.the split focus as leader of a number of entities. >> No, it's a great question and look this is not a new topic. Obviously the the u ...
Supreme Court lifts limits on immigration patrol in L.A.
MSNBC· 2025-09-08 20:01
Joining us now, NBC News White House correspondent Von Hillyard, NBC News correspondent Shaq Brewster, who's in Chicago for us, and New York Times reporter Hamemed Ali Aziz, who covers the Department of Homeland Security and Immigration Policy. Shaq, I want to begin with you. What are you seeing in Chicago.>> Katie, there's really a feeling of a city bracing for what is to come, especially in light of that uh announcement, Operation Midway from the federal government. We saw and you showed some of those pic ...
Supreme Court lifts limits on Los Angeles immigration stops
NBC News· 2025-09-08 20:00
We are following two big developments involving the Trump administration's immigration enforcement in two different cities. >> First, the Supreme Court has lifted limits on immigration stops in Los Angeles. The justices blocked a lower court's order issued back in July.It prevented federal agents from stopping people based on their ethnicity, language, or job. >> Second, the Trump administration says it has begun a crackdown on illegal immigration in Chicago. The Department of Homeland Security is calling i ...