The e-commerce and cloud computing giant appointed Peter DeSantis, a 27-year AWS veteran, to lead a newly unified organization spanning AI model development, custom chip design, and quantum computing research.

CoreWeave shares have collapsed with valuation estimates now at roughly one-third of their June levels highlighting how quickly AI infrastructure hype can unwind as investor sentiment shifts.

In this video, Ira Epstein discusses the current state of the financial markets, focusing on recent market corrections, particularly in AI and GPT sectors, which he views as necessary adjustments rather than fundamental shifts.

Real US retail sales fell in October after missing expectations, showing that consumer spending growth weakened once price effects are accounted for—suggesting softer demand amid broader economic cooling.

Ford and SK On formally ended their partnership last week. Ford will take full ownership of the Kentucky plants, while SK On will run a nearly completed Tennessee facility focused on similar energy-storage products.