Broadcom CEO says generative AI will become a much larger part of global GDP

Broadcom CEO says generative AI will become a much larger part of global GDP

Broadcom CEO Hock Tan told CNBC’s Jim Cramer on Monday that artificial intelligence could become a larger part of global GDP as the technology spreads across industries. Tan said the current global GDP sits around $110 trillion, with 30% of that figure “valued from industries related to knowledge-based, technology-intensive.” “And you put in generative AI,…

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China’s Xi urges faster development of new energy system as Middle East war continues

China’s Xi urges faster development of new energy system as Middle East war continues

Chinese President Xi Jinping attends a meeting with Russian President Vladimir Putin and Mongolian President Ukhnaagiin Khurelsukh in Beijing, China Sept. 2, 2025. Sergey Bobylev | Via Reuters Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system ​to safeguard the country’s energy ​security, weeks into the Iran ​war…

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Coatue’s Philippe Laffont says the IPO market is broken beyond repair

Coatue’s Philippe Laffont says the IPO market is broken beyond repair

Philippe Laffont, founder and portfolio manager of Coatue Management, speaks during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC Hedge fund manager Philippe Laffont sounded a stark warning about the state of the U.S. IPO market, arguing that the ecosystem for taking companies public has deteriorated significantly….

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