Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum

Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum

Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. The two tech moguls will discuss artificial intelligence, advanced computing and digital infrastructure with Abdullah A. Alswaha, Saudi Arabia’s communications and technology information minister. The event comes a day after President Donald…

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China leaves benchmark lending rates unchanged for the sixth straight month

China leaves benchmark lending rates unchanged for the sixth straight month

China left benchmark lending rates unchanged on Thursday for the sixth consecutive month in November, matching market expectations. Why it’s important The steady loan prime rate (LPR) fixings underscore the central bank’s reduced urgency to deliver additional monetary easing in the wake of a trade truce between Beijing and Washington, even as October economic data pointed…

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Nvidia beat and raise should wow its critics, and the stock soars

Nvidia beat and raise should wow its critics, and the stock soars

Nvidia on Wednesday evening delivered better-than-expected quarterly results, with a guide that should impress even those with the highest of expectations. Revenue in the company’s fiscal 2026 third quarter grew 62% year over year to $57.01 billion, outpacing the $54.92 billion the Street was looking for, according to estimates compiled by data provider LSEG. Adjusted…

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Sheila Cherfilus-McCormick charged with stealing FEMA Covid funds

Sheila Cherfilus-McCormick charged with stealing FEMA Covid funds

Congresswoman Sheila Cherfilus-McCormick, Fla.-20th, hosts a news conference regarding the ongoing crisis in Haiti on March 11, 2024, in Fort Lauderdale, Florida. South Florida Sun-sentinel | Tribune News Service | Getty Images A federal grand jury charged U.S. Rep. Sheila Cherfilus-McCormick, D-Fla., with stealing $5 million in Covid-19 disaster funds — a chunk of which…

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Nvidia delivers big once again, and investors brush aside the bigger picture about AI spending

Nvidia delivers big once again, and investors brush aside the bigger picture about AI spending

Nvidia once again delivered a blockbuster earnings report , and once again, it mostly told investors what they already knew. The appetite for AI compute remains insatiable. But the real debate — whether all this capacity being built today will be profitable tomorrow — remains unresolved. Investors aren’t pressing that issue just yet, choosing instead…

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‘We see something very different’

‘We see something very different’

Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images In the weeks leading up to Nvidia’s third-quarter earnings report, investors debated whether the markets were in an AI bubble, fretting over…

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