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CNBC’s Jim Cramer said Thursday that SK Hynix’s upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant risks.”We know the memory chip business is on fire and if you’re willing to accept the volatility, I think you could do a lot worse than this one,” said the “Mad Money” host. “If you really want it, though, put on a small position and leave room to buy more into weakness.”SK Hynix is set to begin trading on the Nasdaq on Friday through American…
US President Donald Trump, alongside CIA Director John Ratcliffe, U.S. Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine speaks about the conflict in Iran on April 6, 2026, in Washington, DC. Brendan Smialowski | Afp | Getty ImagesThe U.S. will enage in “technical talks” with Iran and remains committed to finding a solution to the conflict, despite the two countries trading airstrikes in recent days, MS Now reported Thursday, citing a U.S. official. The official said President Donald Trump had made his position clear and characterized Iran’s attacks on commercial vessels as…
Amazon’s AWS releases Loom for AWS platform for secure AI agent deployment Source link
Until about 60,000 years ago, diminutive hominin cousins, Homo floresiensis (affectionately nicknamed Hobbits for obvious reasons), shared the island of Flores with Komodo dragons, pygmy elephants, and giant rats. Based on the presence of hominin and pygmy elephant bones in the same layers of cave sediment, it originally looked like the Hobbits had hunted and butchered dwarf elephants—an impressive feat for such a tiny hominin. But according to University of Tübingen anthropologist Elizabeth Veatch and her colleagues, it was the Komodo dragons that were the hunters, while the Hobbits only showed up to scavenge what was left. If Veatch and…
A series of task forces designed to bring outside thinking to the Federal Reserve will include the “best minds,” Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed’s management of the economy — on artificial intelligence — those outside minds all seem to lean in the same direction. Warsh’s AI task force members all appear to believe AI will be a transformative technology, with far-reaching effects on growth and productivity. That lines up with Warsh’s own views. He selected the task-force members personally.The AI task force was one of five the Fed rolled out…
FuboTV names Disney’s Bowen CEO, removes veteran Gandler Source link
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022.David Paul Morris | Bloomberg | Getty ImagesFidji Simo, OpenAI’s product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a “severe exacerbation of a chronic illness.”Simo was diagnosed with Postural Orthostatic Tachycardia Syndrome, or POTS, in 2019, and said she’s been spending “countless hours in doctors’ offices, dealing with symptoms, treatments, insurance, uncertainty, and all the invisible work that comes with being a…
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations — a list that includes several prominent Wall Street names, business leaders and a wide expanse of academicians and former Fed officials.Warsh first disclosed his intention to create the task forces last month, saying they would tackle communications, data, the Fed’s balance sheet, data, productivity and jobs and the framework for how the policymakers view inflation. The group’s will tackle everything from inflation to artificial intelligence as part of Warsh’s promised review of monetary policy.Among the prominent…
Investing.com — Paul Grewal, the high-profile Chief Legal Officer of Coinbase Global Inc (), is stepping down after a six-year tenure defined by aggressive regulatory warfare and landmark policy battles in Washington. His departure marks the end of an era for the crypto giant, which successfully navigated existential regulatory threats under his legal stewardship. According to an 8-K filing, Grewal notified the company of his resignation on July 8, 2026, and will officially vacate his role effective July 31, 2026. Molly Abraham, currently the vice president of legal, will ascend to General Counsel, while fellow legal executive Ryan VanGrack will…
A patch Microsoft released on Wednesday to fix a zero-day vulnerability in its Defender security engine may cause Windows machines to write files large enough to completely consume available disk space, the researcher who discovered the flaw said. RoguePlanet, tracked as CVE-2026-50656, came to public notice in June when NightmareEclipse, the pseudonymous name used by a researcher, disclosed it along with code for exploiting it. The vulnerability allows remote attackers to gain administrative control of Windows 10 and Windows 11 machines, even when real-time protection has been disabled. Over the past few months, the anonymous researcher has published a handful…