JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for advice on shareholder voting decisions. The bank said it was "the first major investment firm to fully eliminate any reliance on external proxy advisors for our U.S. voting process," according to an excerpt from an internal memo seen by Business Insider.
Modern cars, including EVs, have tons of safety features baked in, but sometimes the driver still has to take over when the going gets tough. That's why most new cars out there still have a button somewhere that disengages the traction control system, which can come in handy when tackling slippery roads or deep snow because it allows the wheels to spin without the electronics cutting power.
Stocks rose on Wall Street Tuesday afternoon and approached more all-time highs. The S&P 500 added 0.6% and is hovering around the record it set in late December. The Dow Jones Industrial Average rose 482 points, or 1%, after setting a record on Monday. The Nasdaq composite rose 0.6% as of 3:01 p.m. Eastern. Big tech companies were making some of the most notable moves. Amazon, which has reached into both retail and technology, surged 3.7%.
But the boom raises questions: Will it continue to be accompanied by a decline in tech and other jobs? Is it a bubble? RELATED: AI regulation battle looms in California despite Trump threats Tax revenue from stock-option withholding paid by some of the state's biggest tech companies made up about 10% of all income tax withholding in 2025, estimated Chas Alamo, the principal fiscal and policy analyst with the LAO.
CES 2026 is full of weird, fun tech that you didn't know you needed. Not everything is practical, but a lot of it is surprisingly clever. AI is popping up in places you'd never expect. The Consumer Electronics Show (CES) in Las Vegas is known for featuring some of the weirdest and wildest new tech products and concepts of the year.
I think it's fair to say that artificial intelligence is inconsistent, frequently wrong, and sometimes shallow. While the evangelists might push back, anyone who uses it regularly knows this. It misses context, invents details, and can sound confident about things it does not actually understand. Those limits are obvious, and most users encounter them quickly. Yet despite these flaws, for many people, using AI often feels impressive, if not amazing. For some, it already feels as though thinking itself has become easier.
EXPERT PERSPECTIVE - Occasionally, a speech does more than mark a leadership transition or outline institutional priorities. It captures, with unusual clarity, the nature of the moment we are living through and the choices it demands. Blaise Metreweli's recent inaugural address as Chief (or more colloquially, C) of the UK's Secret Intelligence Service was one of those moments. Rather than offering a conventional tour of threats or capabilities, she chose a more demanding path.
If you're wondering why he got that gift, the answer is artificial intelligence. Lawrence has been one of the hottest quarterbacks in the NFL over the past eight games -- posting 19 touchdown passes and five rushing touchdowns -- and someone concocted an AI photo of Lawrence wearing a grill and a giant chain around his neck.
The United States has realised it cannot keep trying to police the whole world, argues Victor Gao, the vice president of the Center for China and Globalization in Beijing. Gao tells host Steve Clemons that improved China-US relations are inevitable although he warns that some American policymakers still view China as the number one threat and Chinese officials never underestimate what American neofascists will cook up next.
In 1863, philosopher Samuel Butler speculated that we would be the architects of our own eclipse: "We are ourselves creating our own successors...in the course of ages we shall find ourselves the inferior race." He may have been imagining mechanical looms and steam engines rather than neural networks, but the concern lingers. Science fiction of the 20th century gave us visions of malevolent, megalomaniacal artificial intelligences overthrowing humanity.
Shares of Palantir ( NASDAQ:PLTR) have been turbulently climbing back in the past month, and while the latest 7% slip in the face of what seems to be a Santa Claus slump, especially for tech stocks, investors might not wish to bet against CEO Alex Karp and company as they look to drive a comeback and bring the pain to Michael Burry, who's likely hanging onto his big bearish bets against the firm going into the new year.
"China has become one of the world's fastest-rising economies in terms of innovative capacity," he declared in a televised address on Wednesday beamed to the nation's 1.4 billion people, in which he touted China's achievements in large AI models and breakthroughs in chip research and development. The Chinese leader underscored the role of innovation in his government's aim for high-quality economic development and the integration of technology and industry, citing the advancements in humanoid robots and drones.
Artificial Intelligence AI adoption is rapidly growing, and some of the biggest conversations this year have been on how it will shake up the workplace and reimagine economies. In October, the Reuters Institute carried out a survey in six countries and found that the proportion of respondents who said they used a generative AI system such as ChatGPT jumped from 40 percent to 61 percent this year. As governments try to regulate the fast-growing
After a tumultuous year marked by President Donald Trump's return to the White House and his swing towards tariffs and protectionism, recent growth has outpaced the expectations of most analysts. In a speech this month, Trump hailed his economic record, insisting that the US was on the cusp of an economic boom the likes of which the world has never seen.
Broadcom ( NASDAQ:AVGO) isn't a member of the Magnificent Seven, but it's now tussling with those same companies for the largest market cap. The AI chipmaker surpassed Tesla ( NASDAQ:TSLA) to become the 7th largest publicly traded corporation, and it's poised to move further up in the rankings. Meta Platforms ( NASDAQ:META) is an easy candidate since Broadcom briefly had a higher market cap than Facebook's parent company this year.
Our Q2 outlook reflects substantial records across revenue, gross margin, EPS and free cash flow, and we anticipate our business performance to continue strengthening through fiscal 2026. Micron's technology leadership, differentiated product portfolio, and strong operational execution position us as an essential AI enabler, and we are investing to support our customers' growing need for memory and storage," he said in the Q1 FY26 press release.
Now, scientists have detected two new biological strands of MS using AI, a simple blood test and MRI scans. Experts said the exciting breakthrough could revolutionise treatment of the disease worldwide. In research involving 600 patients, led by University College London (UCL) and Queen Square Analytics, researchers looked at blood levels of a special protein called serum neurofilament light chain (sNfL).
Artificial intelligence (AI) has remained a prominent theme of 2025, and for the past three years, no other trend has garnered as much attention as AI. The steady upside in tech stocks has led to higher valuations and benefited the overall market. This led to the birth of the Magnificent Seven that ruled the industry in 2025. However, billionaires are moving in a different direction, and the recent 13F filings show them dumping the Magnificent Seven for other tech stocks.
SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4bn, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio. The acquisition would expand SoftBank's exposure to digital infrastructure as the Japanese conglomerate is positioning its portfolio to focus on artificial intelligence. SoftBank's billionaire founder Masayoshi Son is seeking to capitalize on surging demand for the computing capacity that underpins artificial intelligence applications.
Since President Donald Trump took office in January, artificial intelligence and quantum-information science have sat at the top of his administration's scientific priorities. And they don't seem to be leaving any time soon. Trump has ordered his advisers to ensure that the nation is "the unrivaled world leader" in AI and quantum information. The subjects are listed first and second on the administration's list of research and development priorities.
The Association of Chartered Certified Accountants (ACCA), which has almost 260,000 members, has said that from March it will stop allowing students to take online exams in all but exceptional circumstances. We're seeing the sophistication of [cheating] systems outpacing what can be put in, [in] terms of safeguards, Helen Brand, the chief executive of the ACCA, said in an interview with the Financial Times. Remote testing was introduced during the Covid pandemic to allow students to continue to be able to qualify at a time when lockdowns prevented in-person exam assessment.
And the senator called it the most consequential technology in the history of humanity that will transform the US and the world in ways that had not been fully discussed. If there are no jobs and humans won't be needed for most things, how do people get an income to feed their families, to get healthcare or to pay the rent? Sanders said. There's not been one serious word of discussion in the Congress about that reality.
The City Council signed off on a $3.5 million, six-year agreement with Ladris Technologies to purchase a system its creators said can distill vast quantities of data to determine which route will most quickly lead evacuees to safety. The purchase comes just in time for the technology to aid in emergency preparations for a series of major sports events expected to bring hundreds of thousands of visitors to San Jose next year.
Shares of Microsoft (NASDAQ:MSFT) gained 1.96% over the past five trading sessions after losing 0.03% the five prior. That brings MSFT's year-to-date gain to 16.59%, including a nearly 38% gain since its year -to-date low on April 8. When the Magnificent Seven member reported FY 2026 Q1 earnings on Oct. 29, 2025, shares fell despite beating on EPS and revenue. The company announced earnings of $3.72 per share versus analysts' expectations of $3.67, and quarterly revenue of $77.67 billion versus analysts' expectations of $75.33 billion.