A key corner of the artificial intelligence trade is taking a beating on Wednesday and traders are betting it could get even worse.Shares of neocloud companies – businesses that offer access to the GPUs powering artificial intelligence as a service – plunged Wednesday after debt yields for Nvidia-backed CoreWeave continued...
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Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos
Bank of America has hired an army of external contractors to help it patch software vulnerabilities exposed by advanced artificial intelligence models including Anthropic's Mythos, the bank's CEO, Brian Moynihan, told CNBC on Wednesday.In an interview after the bank's third-quarter earnings release, Moynihan said that earlier this year the company...
Gen Zers are now the biggest spenders in the art market, survey finds
Gen Zers have become the most active buyers of high-end art, changing the face of a market long dominated by Baby Boomers, according to a new survey.In 2025 and the first half of 2026, Gen Z spent more on fine art than any other generation, according to the Art Basel...
Delta delays debut of Saudi Arabia service until March after Riyadh airport attacks
Delta Air Lines said it will delay the launch of its nonstop service between Atlanta and the Saudi capital Riyadh until March after several deadly attacks hit the city's airport there.Delta planned to begin the route on Oct. 23, with an Airbus A350-900 wide-body plane, in what would have marked...
A massive trade just happened in surging shares of Snap
Don't call it a comeback yet, but shares of beleaguered social media stock Snap Inc. are up almost 20% this month and options traders are betting it's about to go on a big run.Snap shares have traded under $10 since July 2025 following a near-complete collapse from over $80 at...