This veteran investor is buying ‘old economy’ stocks that are embracing AI

This veteran investor is buying ‘old economy’ stocks that are embracing AI

Artificial intelligence isn’t only benefiting technology companies. A host of stocks in other industries also stand to gain, according to Nancy Tengler, chief executive officer and chief investment officer of Laffer Tengler Investments. While shares of megacap technology companies such as Nvidia and Meta Platforms have soared on hopes that AI will usher in new technological …

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Wall Street high on AI euphoria

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …

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AI might be reading your Slack, Teams messages using tech from Aware

AI might be reading your Slack, Teams messages using tech from Aware

Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and Starbucks, as well as European brands including Nestle and AstraZeneca, have turned to a seven-year-old startup, Aware, to monitor chatter among their rank and file, according to the company. Jeff Schumann, co-founder and CEO of the Columbus, Ohio-based startup, says the AI helps …

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Redesigned Apple Watches not subject to import ban, U.S. Customs says

Redesigned Apple Watches not subject to import ban, U.S. Customs says

Apple Watch Series 9 colors Source: Apple Inc. U.S. Customs and Border Protection determined on Friday that Apple can use a redesign to bypass an import ban on newer Apple Watch models stemming from its patent infringement dispute with medical-monitoring technology company Masimo, according to a Monday court filing. The import ban, issued by the U.S. International Trade Commission, applies …

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